Common use of Seller to Use Reasonable Efforts Clause in Contracts

Seller to Use Reasonable Efforts. Anything in this Agreement to the contrary notwithstanding, Seller shall be obligated to sell, assign, transfer or convey or cause to be assigned, transferred or conveyed to Buyer or a Designee, if applicable, any of its rights in and to any of the Assets and first obtaining all necessary approvals, consents or waivers. Seller shall use all reasonable efforts, and cooperate with the Buyer, to obtain all necessary approvals, consents or waivers, or to resolve any impracticalities of transfer necessary to assign or convey to Buyer or a Designee, if applicable, the Asset as soon as practicable; provided, however, that neither Seller nor Buyer shall be obligated to pay any consideration therefor except for filing fees and other ordinary administrative charges which shall be paid by Seller to the third party from whom such approval, consent or waiver is requested. Such approvals, consents, and waivers shall be in favor of the Buyer and, if applicable, a Designee.

Appears in 4 contracts

Samples: Intellectual Property Rights (Wewards, Inc.), Intellectual Property Rights (Wewards, Inc.), Intellectual Property Rights Purchase and Transfer Agreement (Single Touch Systems Inc)

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Seller to Use Reasonable Efforts. Anything in this Agreement to the contrary notwithstanding, Seller shall not be obligated to sell, assign, transfer transfer, or convey or cause to be sold, assigned, transferred transferred, or conveyed to Buyer or a DesigneeBuyer, if applicable, and any of its rights in and to any of the Assets and contracts, without first obtaining all necessary approvals, consents or waivers. Seller shall use all reasonable efforts, and Buyer shall reasonably cooperate with the BuyerSeller, to obtain all necessary approvals, consents or waivers, or to resolve any impracticalities of transfer necessary to assign or convey to Buyer or a DesigneeBuyer, if applicable, the Asset any such Contract as soon as practicable; provided, however, that neither Seller nor Buyer shall be obligated to pay any consideration therefor except for filing fees and other ordinary administrative charges which shall be paid by Seller Buyer to the third party from whom such approval, consent consent, or waiver is requested. Such approvals, consents, and waivers shall be in favor of the Buyer and, if applicable, a DesigneeBuyer.

Appears in 1 contract

Samples: Sale and Assignment Agreement (Eco Allies Inc.)

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Seller to Use Reasonable Efforts. Anything in this Agreement to the contrary notwithstanding, notwithstanding Seller shall be obligated to sell, assign, assign transfer or convey or cause to be assigned, transferred or conveyed to Buyer or a Designee, if applicable, ,any of its rights in and to any of the Assets and first obtaining all necessary approvals, consents or waivers. Seller shall use all reasonable efforts, and cooperate with the Buyer, to obtain all necessary approvals, consents or waivers, or to resolve any impracticalities of transfer necessary to assign or convey to Buyer or a Designee, if applicable, the Asset as soon as practicable; provided, however, that neither Seller nor Buyer shall be obligated to pay any consideration therefor except for filing fees and other ordinary administrative charges which shall be paid by Seller to the third party from whom such approval, consent or waiver is requested. Such approvals, consents, and waivers shall be in favor of the Buyer and, if applicable, a Designee.

Appears in 1 contract

Samples: Intellectual Property Rights Purchase and Transfer Agreement (Zoompass Holdings, Inc.)

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