Common use of Release and Assignment Clause in Contracts

Release and Assignment. Mxxx hereby terminates and releases its security interest in and lien on all of LD’s (i) Patents, Patent Applications, and Patent Licenses and (ii) Trademarks, Trademark Applications and Trademark Licenses, and Mxxx hereby assigns and transfers to LD, without recourse, all of the Mxxx’x right, title and interest in and to each of LD’ s (i) Patents, Patent Applications, and Patent Licenses, and (ii) Trademarks, Trademark Applications and Trademark Licenses, as of the date set forth above.

Appears in 3 contracts

Samples: Asset Purchase And (Turnpoint Medical Devices, Inc.), Asset Purchase And (Turnpoint Medical Devices, Inc.), Assignment and Assumption, Consent and Modification Agreement (Turnpoint Medical Devices, Inc.)

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Release and Assignment. Mxxx hereby terminates and releases its security interest in and lien on all of LD’s (i) Patents, Patent Applications, and Patent Licenses and (ii) Trademarks, Trademark Applications and Trademark Licenses, and Mxxx hereby assigns and transfers to LD, without recourse, all of the Mxxx’x right, title and interest in and to each of LD’ s ’s (i) Patents, Patent Applications, and Patent Licenses, and (ii) Trademarks, Trademark Applications and Trademark Licenses, as of the date set forth above.

Appears in 1 contract

Samples: Asset Purchase And (Turnpoint Medical Devices, Inc.)

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