OWNERSHIP OF PATENT. Except as specifically set forth in Schedule 11 and with respect to the assignment of a 49% interest in the Patent to TREBUCHET, as provided for in this Agreement, DSS is the sole and exclusive owner of the entire and unencumbered right, title and interest on and to the Patent, free and clear of any liens, charges and encumbrances, including without limitation licenses, immunities, privileges, pledges, claims, attachments, shop rights and covenants by DSS not to xxx third persons, and to the best knowledge of DSS, none of the proprietary rights is subject of any claim in any applicable jurisdiction. DSS has the sole right to mortgage, pledge and assign the Patent and the sole and exclusive right to grant the assignment and security interest and liens granted herein. There is no decision adverse to DSS’ claim of ownership or claim of exclusive right to the Patent or DSS’ right to enforce the Patent, and there is no proceeding involving such rights threatened or pending. DSS has provided TREBUCHET with a copy of any and all opinions and other writings prepared by MWE concerning the ownership issues of the Patent which were identified in MWE’s retainer letter dated 2004, and if none are available, has otherwise disclosed the results of that undertaking and engagement to TREBUCHET.
OWNERSHIP OF PATENT. Caring acknowledges the ownership of the Patent by Creative, will do nothing inconsistent with such ownership, and will assist Creative in recording this Agreement with appropriate government authorities if so requested by Creative. Nothing in this License shall give Caring any right, title, or interest in the Patent other than the right to use the Patent in accordance with this License, and Caring will not attack the title of Creative to the Patent or attack the validity of this License.
OWNERSHIP OF PATENT. 8.1 Recipient shall take all reasonable steps to safeguard the right, title and interest of Supplier in and to the Patent, and shall not, in any manner, challenge or assist others in challenging, the Patent. It is expressly understood, however, that Recipient shall not be responsible for the maintenance of the validity of the Patent in Vietnam and for the payment of the annual fees necessary to such maintenance.
OWNERSHIP OF PATENT. Seller is the record and beneficial owner of the Patent including, without limitation, all right, title, and interest to xxx for infringement of the Patent, free and clear of all Liens, encumbrances, purchase rights, claims, pledges, mortgages, security interests, or other limitations or restrictions whatsoever. There are no actions, suits, investigations, claims, or proceedings threatened, pending, or in progress relating in any way to the Patent. There are no existing contracts, agreements, options, commitments, proposals, bids, offers, or rights with, to, or in any Person to acquire the Patent. The Seller has obtained and properly recorded previously executed assignments for the Patent as necessary to fully perfect its rights and title therein in accordance with governing law and regulations in each respective jurisdiction. Upon delivery and effectiveness of the Assignment Agreement and the Assignment of Patent Rights, the Buyer will acquire lawful, valid and marketable title to the Patent free and clear of all Liens, encumbrances, purchase rights, claims, pledges, mortgages, security interests, or other limitations or restrictions whatsoever, other than those imposed pursuant to the Transaction Documents or other applicable Laws. Other than pursuant to this Agreement, no Person has any rights to purchase or receive the Patent or any interests therein.
OWNERSHIP OF PATENT. Milk Products acknowledges the ownership of the Patent by SFG agrees that it will do nothing inconsistent with such ownership.
