The new owner acknowledges in his rebate application that he has received all the repair orders and receipts necessary to verify that the vehicle has been maintained in accordance with the vehicle manufacturer`s specifications. The new owner may be asked to submit these repair orders and receipts related to a future claim. Contact us for more information. A charge means any charge, interest, rights or rights that interfere with the use or ability to transfer shares, for example. B security interests. It is important that at the time of the share purchase agreement, the target company is not involved in a dispute or participates in an out-of-court settlement of disputes, such as mediation.B. Common guarantees in an exclusive patent licensing agreement relate to the following points: – Legal status of the patent – Technical applicability or usefulness of the patent – Industrial valuation of the patent – Third-party infringements In the legal literature, the expression “failure of the thing itself” is used when a patent cannot be used as stipulated in the agreement between the patents. If it cannot be used because of a third-party breach, the term “defect” is used. The legal status of patents Licenseees should have a clear understanding of the legal status of a patent.
You need to know if a patent has been issued or is only being reviewed and/or filed. Since the future use of a patent depends to a large extent on its legal form, licensees are entitled to complete and detailed information on the status of the patent. Therefore, the first reasonable guarantee that is expected of a licensee is that a patent exists and is valid. It goes without saying that a patent cannot yet be issued, but only sought or requested. In this case, the licensee should guarantee the licensee the exact legal status and describes his patent application or “make it available for public consultation”. If a patent has been granted, the licensee should also guarantee that it has free right to issue the patent license, that there are no third-party mortgages or guarantees on patent law, or that the patent does not depend on a patent or an earlier utility model.