Common use of Joint Ownership Clause in Contracts

Joint Ownership. Any Foreground generated by or on behalf of more than one Participant and for which Foreground it is not possible to (i) establish the respective contribution of each Participant, or (ii) separate their contribution for the purpose of applying for, obtaining or maintaining protection of the Foreground, shall be jointly owned by such Participants. Each such Participant shall have an equal and undivided interest in such joint Foreground.

Appears in 31 contracts

Sources: Consortium Agreement, Consortium Agreement, Consortium Agreement