Common use of Right to Xxx for Past Infringement Clause in Contracts

Right to Xxx for Past Infringement. Assignor hereby expressly grants to Assignee all of Assignor’s rights to bring any necessary action, including, but not limited to lawsuits, against any past, present, or future third party infringers, potential or actual, of any Transferred Asset as if the Assignor himself were bringing such action. Assignee shall have the right to any and all recoveries from any such actions and Assignor hereby waives any recovery obtained by Assignee.

Appears in 4 contracts

Samples: Intellectual Property Purchase Agreement (Coil Tubing Technology, Inc.), Subsidiary Assignment (Cannabics Pharmaceuticals Inc.), Intellectual Property Assignment (Coil Tubing Technology, Inc.)

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