Full Ownership Clause Samples
The Full Ownership clause establishes that one party retains complete and exclusive rights to specified property, assets, or intellectual property. In practice, this means that any work product, inventions, or materials created under the agreement are fully owned by the designated party, with no shared or residual rights granted to the other party. This clause is essential for ensuring clear ownership boundaries and preventing future disputes over rights or usage of the property in question.
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Full Ownership. Borrower represents and warrants that Borrower is the full and lawful owner of the Property or, if the Property is on a leasehold interest, that Borrower is the full owner of the Lease or leasehold interest. If the Security Instrument is on a Lease or leasehold interest, and if Borrower subsequently acquires ownership of the Property, then, to the maximum extent permitted by Applicable Law (a) Borrower’s leasehold and ownership interests in the Property will not merge unless ▇▇▇▇▇▇ agrees to the merge in writing, and (b) this Security Instrument will encumber the ownership interest in the immovable property described in the Lease or leasehold interest.
Full Ownership. All houses are category 1 ownership. This means 999 years (almost 1,000 years leasehold) or freehold. There is no difference in value between these two. This is the best form of ownership in the UK. (We do not sell category 2 properties that are 99 years or 125 years leasehold). Most of the houses in North West of UK are nominal leasehold for 999 years with nominal (less than £1 per year) ground rent.
Full Ownership. The Borrower and (or) the Corporate Guarantor have full ownership of all of their assets. Other than disclosures already made in writing to the Banking Syndicate, all of the Borrower’s and (or) the Corporate Guarantor’s real properties, personal properties and other assets are free from any mortgage, pledge, other security or encumbrance, and such assets do not include any items that cannot be seized, held, transferred or pledged due to legal prohibitions, nor are there any seizures, detentions or other similar proceedings in relation thereto.
Full Ownership. Participants own the rights to their projects they create at the Hackathon. Your team may create a prototype using data and/or API’s provided by QTUM CHAIN FOUNDATION and/or its Partner BEAM DEVELOPMENT LTD. This could mean that you or a teammate created the Technology, acquired ownership of the Technology from a third party, or may rely on binding written statements by the third party that owns or has the right to license the Technology indicating that you (or members of the public generally) are authorized to use that Technology in the manner you intend to use it. Your team will be disqualified if The Sponsor has any reason to believe that your team has violated the terms of this paragraph. You should consult with appropriate advisors or legal counsel if you have any doubt as to
Full Ownership. Borrower is the full and lawful owner of the Property. If the Security Instrument is on a leasehold interest, and ▇▇▇▇▇▇▇▇ subsequently acquires ownership of the Property, ▇▇▇▇▇▇▇▇’s leasehold and ownership interests in the Property shall not merge unless ▇▇▇▇▇▇ agrees to the merge in writing.
Full Ownership. The Seller has good, beneficial and valid title to all of the Shares, free and clear of all liens, encumbrances, claims and restrictions of every kind, and valid title to such Shares, free and clear of all liens, encumbrances, claims and restrictions of every kind, will pass to the Buyer on the Closing Date.