Common use of Design Materials Clause in Contracts

Design Materials. Participant represents and warrants to the MBA that any house of the Participant which becomes a part of the Parade is the product of an original design and that either (i) Participant is the sole owner of such design and/or has the rights, including copyright, in and to the design as represented in the structure, and in the plans, specifications, drawings, advertising and promotional materials for the model (together the "Design Materials"), or