No Transfer of Title Sample Clauses
The "No Transfer of Title" clause establishes that ownership of goods, property, or intellectual property does not pass from one party to another under the agreement. In practice, this means that even if a party is given possession or use of an item, the original owner retains legal title and all associated rights. For example, a company leasing equipment to a client would include this clause to clarify that the client may use the equipment but does not own it. This clause is essential for preventing misunderstandings about ownership and protecting the interests of the original owner by ensuring that title remains with them throughout the arrangement.
POPULAR SAMPLE Copied 1 times
No Transfer of Title. SGI covenants and agrees that from the Effective Date until the expiration of the Term, neither it nor its Affiliates will enter into any agreement with any Third Party, whether written or oral, with respect to, or otherwise assign, transfer, license, or convey its right, title or interest in or to, the SGI Background Technology, in each case, that is in conflict with the rights granted by SGI to Unum under this Agreement or that would prevent SGI from performing its obligations under this Agreement.
No Transfer of Title. All Ownership Rights in and to the Neose Intellectual Property and the Reagents shall remain at all times with Neose. All Ownership Rights in the Novo Materials, any New Products, and the Novo Technology shall remain at all times with Novo, subject to Novo’s obligation to assign certain Ownership Rights to Neose under Section 6.3.
No Transfer of Title or Ownership of Launch Program Curriculum or Course Materials -- Member District understands and agrees that all Launch Program curriculum and course materials have been developed, are owned by SPS. No title or ownership of any portion of the Launch Program curriculum and/or course materials, including but not limited to the proprietary or intellectual property rights related therein, is transferred by this Agreement.
No Transfer of Title. Company shall retain sole ownership of Company Trademarks and all goodwill associated with Distributor’s use of such Company Trademarks and the Products.
No Transfer of Title. Galapagos covenants and agrees that from the Effective Date until the expiration of the Term, neither it nor its Affiliates shall enter into any agreement with any Third Party, whether written or oral, with respect to, or otherwise assign, transfer, license, or convey its right, title or interest in or to, the Galapagos Technology, in each case, that is in conflict with the rights granted by Galapagos to Gilead under this Agreement or that would prevent Galapagos from performing its obligations under this Agreement or prevent Gilead from exercising its rights hereunder. In consideration of the foregoing covenant, Galapagos hereby grants to Gilead a fully paid up exclusive, sublicensable (solely as permitted in accordance with Section 7.2) license under all Information, if any, other than Galapagos Know-How, which Information is Controlled as of the Effective Date or during the Term by Galapagos or its Affiliate(s) and is reasonably necessary or useful to Exploit Licensed Compound or Licensed Products or Gilead Combination Products in the Field in the Territory.
No Transfer of Title. Title to and ownership of the Goods remains with LEXICON, even when Goods are in the possession and use of Hirer. The equipment is and shall remain the property of the LEXICON, and the Hirer shall have no right, title or interest therein or thereto except as expressly set forth in this Agreement. This Agreement is not intended to affect a sale of the above-described property or to secure a purchase thereof.
No Transfer of Title. Unum covenants and agrees that from the Effective Date until the expiration of the Term, neither it nor its Affiliates will enter into any agreement with any Third Party, whether written or oral, with respect to, or otherwise assign, transfer, license, or convey its right, title or interest in or to, the Unum Background Technology, in each case, that is in conflict with the rights granted by Unum to SGI under this Agreement or that would prevent Unum from performing its obligations under this Agreement.
No Transfer of Title. The rights and licenses herein granted by Licensors to Licensee do not transfer to Licensee any title in and to the Licensed Technology (including, without limitation, title to any and all applicable patents, copyrights, trademarks and trade secrets), and all right, title and interest therein, except for such licenses otherwise explicitly granted pursuant to this Agreement, are retained by Licensors or third parties that have provided Licensed Technology to Licensors, as the case may be. Licensee shall include on copies of Licensed Technology such copyright, patent, trademark or other proprietary notices as may be required by third parties who have provided Licensed Technology, and as otherwise may be necessary to protect both Licensors' and IHS' rights therein.
No Transfer of Title. Any title, ownership and intellectual property rights in the Software and Documentation belonging to Hexagon shall remain with Hexagon.
No Transfer of Title. The rights and licenses herein granted by Licensee to Licensors do not transfer to the Licensors any title in and to such portions of Licensee Derivative Works as are prepared by or on behalf of Licensee, including, without limitation, title to any and all applicable patents, copyrights, trademarks and trade secrets, and all right, title and interest therein, except for such licenses as are granted pursuant to this Agreement, are retained by Licensee or third parties that have provided portions of Licensee Derivative Works to Licensee, as the case may be.