Common use of Hosted Service Clause in Contracts

Hosted Service. Client agrees that all intellectual property rights, title and interest in and to the Hosted Service and Documentation (including all updates, enhancements and derivative works thereof and thereto) are owned exclusively by Rival or its licensors. Except as provided in this Agreement, the time-limited access license, in the nature of a subscription, granted to Client does not convey any rights in the Hosted Service, express or implied, or ownership in the Hosted Service or any intellectual property rights thereto. In addition, Rival shall have a royalty-free, worldwide, transferable, sub-licensable, irrevocable, and perpetual license to use or incorporate into the Hosted Service any suggestions, enhancement requests, recommendations or other feedback provided by Client, including Users, relating to the operation of the Hosted Service.

Appears in 2 contracts

Sources: Rival Terms and Conditions Agreement, Terms and Conditions Agreement