Common use of Transferability and Export Clause in Contracts

Transferability and Export. All Company IP (including Source Code thereof) is and, immediately following Closing, will be fully transferable, alienable, licensable and may be exported out of Israel by the Company, one of its Subsidiaries or Buyer without restriction, obligation or payment of any kind (excluding applicable Taxes) and without approval of any third Person, including any Governmental Authority.

Transferability and Export. All Except as set forth in Section 4.11(d) of the Disclosure Schedule, all Company IP (including Source Code thereof) is and, immediately following Closing, will be fully transferable, alienable, licensable and may be exported out of Israel by the Company, one of its Subsidiaries Company or Buyer MBLY Vision without restriction, obligation or payment of any kind (excluding applicable Taxes) and without approval of any third Person, including any Governmental Authority.