Common use of Acknowledgments and Covenants of Licensee Clause in Contracts

Acknowledgments and Covenants of Licensee. Each Licensee agrees that its use of the Licensed ▇▇▇▇ under this Agreement shall inure to the benefit of Licensor, and this Agreement does not confer on any Licensee any goodwill or ownership interest in the Licensed ▇▇▇▇. Nothing herein shall be deemed, intended, or implied to constitute a sale or assignment of the Licensed ▇▇▇▇ to any Licensee. No Licensee shall acquire any ownership rights in the Licensed ▇▇▇▇ or any other right adverse to Licensor’s interests by virtue of this Agreement or by virtue of such Licensee’s use of the Licensed ▇▇▇▇, regardless of how long this Agreement remains in effect.