AOD Assets definition

AOD Assets means (a) all Intellectual Property Rights pertaining to the AOD Business, whereas in each case of registered Intellectual Property Rights as specifically set forth in Section 6.2 of the Disclosure Schedule attached hereto and the AOD Confidential Information, and (b) all other assets and activities pertaining to the AOD Business specifically as set forth in Section 6.2 of the Disclosure Schedule attached hereto.
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Examples of AOD Assets in a sentence

  • The exact procedure with respect to the establishment of the AOD Entity and the transfer of the AOD Assets to the AOD Entity shall be decided by the Company Majority Stockholders )in coordination with the Purchaser) following and subject to tax-related advice to be received by the Stockholders prior to or after the date hereof.

  • Each Party agrees that the restrictions contained in this Agreement are reasonable in all respects and necessary to protect the Purchaser’s interest in, and the value of, the Business and the Stockholders’ interest in, and the AOD Entity interest in, and the value of, the AOD Business and the AOD Assets.

  • The AOD Entity shall be entitled, at its discretion, to purchase from the Company, for an aggregate consideration of US $ 138,000 (plus VAT to the extent payable under applicable law) (the “AOD Exercise Price”) all rights and interests in the AOD Assets and to the AOD Patent, by giving the Company a written notice (the “AOD Exercise Notice”), no later than twelve (12) months after the date hereof.

  • Neither the Purchaser, the Company, nor any Affiliate thereof shall have any liability or Loss, whether arising in contract, tort or otherwise, associated with the AOD Assets, the AOD Patent or AOD Spin-Off and/or the ownership, maintenance or safeguarding of the AOD Assets or AOD Patent and shall have no duties or obligations in respect thereof except as expressly set forth in this Section 6.2 or Section 6.6.

Related to AOD Assets