Entire Ownership Clause Samples
The 'Entire Ownership' clause establishes that one party retains full and exclusive ownership rights over certain property, materials, or intellectual property referenced in the agreement. In practice, this clause clarifies that any work product, inventions, or deliverables created under the contract remain the sole property of the specified party, regardless of contributions or involvement by others. Its core function is to prevent disputes over ownership by clearly allocating all rights to one party, ensuring there is no ambiguity about who controls and benefits from the property in question.
Entire Ownership. Other than the Shares and other than 500 shares of Common Stock of the Company owned by a director of Lawter, neither Lawter nor any of its Affiliates (as defined belo▇) ▇▇▇eficially ▇▇▇▇, directly or indirectly, any securities issued by the Company. Since September 15, 1995, the date of Lawter's last amendment to its Schedule 13D, neither Lawter nor a▇▇ ▇▇ ▇▇s Affiliates has (i) directly or indirectly, ▇▇▇▇▇▇sed or sold any shares of the Common Stock of the Company o r (ii) caused or encouraged any Person (as defined below) to purchase or sell any such shares.
Entire Ownership. Other than the Shares and other than 500 shares of Common Stock of the Company owned by a director of ▇▇▇▇▇▇, neither ▇▇▇▇▇▇ nor any of its Affiliates (as defined below) beneficially owns, directly or indirectly, any securities issued by the Company. Since September 15, 1995, the date of ▇▇▇▇▇▇'▇ last amendment to its Schedule 13D, neither ▇▇▇▇▇▇ nor any of its Affiliates has (i) directly or indirectly, purchased or sold any shares of the Common Stock of the Company or (ii) caused or encouraged any Person (as defined below) to purchase or sell any such shares.
Entire Ownership. Other than the Shares, Olson does not beneficially own, directly or indirectly, any securiti▇▇ ▇▇sued by the Company. From the date of this Agreement up to and including the Closing Date, Olson will not acquire any additional securities of the Company.
Entire Ownership. Upon the sale and transfer of the Shares as contemplated in this Agreement, Purchaser will acquire the entire ownership of and any and all existing rights, interests, and participation in the Group Companies and will have good and marketable title to the Shares, free and clear of any liens.
Entire Ownership. Other than the Shares as set forth on Exhibit A hereto, neither ▇▇▇▇▇▇▇ nor any ▇▇▇▇▇▇▇ Affiliate (including any Affiliate thereof) beneficially owns, directly or indirectly, any securities issued by the Company. From the date of this Agreement up to and including the date on which ▇▇▇▇▇▇▇ and the ▇▇▇▇▇▇▇ Affiliates have satisfied his and their requirements under Section 1.1 of this Agreement, ▇▇▇▇▇▇▇ and each ▇▇▇▇▇▇▇ Affiliate agrees to provide an updated Exhibit A within two (2) days of any change in the information contained on Exhibit A.
Entire Ownership. Other than (a) the Shares, (b) an aggregate of 1,783,137 shares of Common Stock of the Company owned by Terra, and (c) an aggregate of 1,328,487 shares of Common Stock of the Company owned by the Foundation, neither the Est ate nor any of its Affiliates (as defined below) beneficially owns, directly or indirectly, any securities issued by the Company. Since February 19, 1998, the date of Terra's last amendment to his Schedule 13D, neither the Estate nor any of its Affi liates has (i) directly or indirectly, purchased or sold any shares of the Common Stock or (ii) caused or encouraged any Person (as defined below) to purchase or sell any such shares except as disclosed in its Schedule 13D referred to above. ARTICLE3.