Common use of No Payment Clause in Contracts

No Payment. The Assignor is transferring the Assignment to the Assignee for no payment or compensation. The Assignee’s consideration shall be recognized as the undertaking of any liabilities or obligations in the Assignment.

Appears in 13 contracts

Samples: Assignment Agreement, Invention Assignment Agreement, Assignment Agreement

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No Payment. The Assignor is transferring the Assignment to the Assignee for no payment or compensation. The Assignee’s consideration shall be recognized as the undertaking of any liabilities or obligations in the Assignment.

Appears in 4 contracts

Samples: Real Estate Purchase Contract, Sample Real Estate Contract, Sample Real Estate Contract

No Payment. The Assignor is transferring the Assignment to the Assignee for no payment or compensation. The Assignee’s consideration shall be recognized as the undertaking of any liabilities or obligations in the Assignment.. OR Gift. The Assignor is granting the Assignment as a gift to the Assignee. OR Other. [PLEASE DESCRIBE]

Appears in 1 contract

Samples: Assignment Agreement

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No Payment. The Assignor is transferring the Assignment to the Assignee for no payment or compensation. The Assignee’s consideration shall be recognized as the undertaking of any liabilities or obligations in the Assignment.. OR

Appears in 1 contract

Samples: Assignment Agreement

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