Common use of No Transfer of Ownership Clause in Contracts

No Transfer of Ownership. No transfer of ownership of any Intellectual Property right will occur under this License Agreement. Without derogating the foregoing, if software deliverables are created by TOMIA specifically for Customer and identified as such in the Order Form, such deliverables shall be deemed as TOMIA IP, and TOMIA hereby grants Customer a worldwide, non-exclusive, fully paid, royalty-free license to use the deliverables as permitted under this License Agreement or the applicable Order Form.

Appears in 3 contracts

Sources: Software License Agreement, Software License Agreement, Software License Agreement