Common use of Licensed Assets Clause in Contracts

Licensed Assets. Except for the Copyrights, the --------------- Marketing and Pricing Data and the Marketing Materials, there are no copyright rights in the United States, customer lists, sales data, price lists, pricing information, labeling, marketing and promotional materials, promotional literature or inserts that are required in the Business. The Licensed Assets, when transferred to JMED, shall vest in JMED good and valid title thereto, free and clear of all claims, liens, licenses, security interests and encumbrances of any kind.

Licensed Assets. Except for the Copyrights, the --------------- Marketing and Pricing Data and the Marketing Materials, there are no copyright rights in the United States, customer lists, sales data, price lists, pricing information, labeling, marketing and promotional materials, promotional literature or inserts that are required in the Business. The Licensed Assets, when transferred to JMED, shall vest in JMED good and valid title thereto, free and clear of all claims, liens, licenses, security interests and encumbrances of any kind.