No Title. This Agreement is not an agreement of sale, and (a) no title or ownership interest in or to any LLC Property is transferred to [Circuit A], and (b) no title or ownership interest in or to any [Circuit A] Property is transferred to LLC, as a result of or pursuant to this Agreement. Further, (i) [Circuit A] acknowledges that its exercise of rights with respect to the LLC Property shall not create in [Circuit A] any right, title or interest in or to any LLC Property and that all exercise of rights with respect to the LLC Property and the goodwill symbolized thereby or connected therewith will inure solely to the benefit of LLC, and (ii) LLC acknowledges that its exercise of rights with respect to the [Circuit A] Property shall not create in LLC any right, title or interest in or to any [Circuit A] Property and that all exercise of rights with respect to the [Circuit A] Property and the goodwill symbolized thereby or connected therewith will inure solely to the benefit of [Circuit A].
Appears in 2 contracts
Sources: Exhibitor Services Agreement, Exhibitor Services Agreement (National CineMedia, Inc.)