Ownership and Protection of Licensed Intellectual Property Sample Clauses

The "Ownership and Protection of Licensed Intellectual Property" clause establishes that the licensor retains all rights, title, and interest in the intellectual property being licensed, even while granting certain usage rights to the licensee. Typically, this clause outlines the licensee’s obligations to respect the licensor’s ownership, such as refraining from unauthorized use, modification, or distribution, and may require the licensee to notify the licensor of any infringement or misuse by third parties. Its core function is to safeguard the licensor’s intellectual property rights, ensuring that the licensee’s use does not compromise ownership or expose the intellectual property to unauthorized exploitation.
Ownership and Protection of Licensed Intellectual Property. Licensee acknowledges the validity of the Licensed Intellectual Property and Licensor’s exclusive right, title, and interest in and to the Licensed Intellectual Property. Licensee shall not, and shall cause the Selling Subsidiaries and the Other Subsidiaries not to, at any time do or cause to be done, or fail to do or cause to be done, any act or thing, directly or indirectly, contesting or inany way impairing Licensor’s right, title, or interest in the Licensed Intellectual Property, including without limitation using, registering or attempting to register any trademarks, trade names, service marks, logos, domain names, metatags, electronic mail (e-mail) addresses, server names or search engine markers that are identical or confusingly similar to any of the Licensed Intellectual Property. In addition, Licensee will take all commercially reasonable steps to guard against the dilution or misuse of the Licensed Intellectual Property.
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Ownership and Protection of Licensed Intellectual Property 
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Related to Ownership and Protection of Licensed Intellectual Property

  • Ownership and Intellectual Property (a) The GLO shall own, and Developer hereby irrevocably assigns to the GLO, all ownership rights, titles, and interests in and to all Intellectual Property acquired or developed by Developer pursuant to this Contract (including, without limitation, all Intellectual Property in and to reports, drafts of reports, data, drawings, computer programs and codes, and/or any other information or materials acquired or developed by Developer under this Contract). The GLO shall have the right to obtain and hold in its name any and all patents, copyrights, trademarks, service marks, registrations, or such other protections, including extensions and renewals thereof, as may be appropriate to the subject matter. (b) Developer must give the GLO, the State of Texas, and any person designated by the GLO or the State of Texas all assistance and execute such documents as required to perfect the rights granted to the GLO herein, without any charge or expense beyond the stated amount payable to Developer for the services authorized under this Contract.

  • Ownership and Intellectual Property Rights 1. This Agreement gives you limited rights to use the Software. Syncro retains any and all rights, title and interest in and to the Software and all copies thereof, including copyrights, patents, trade secret rights, trademarks and other intellectual property rights. All rights not specifically granted in this Agreement, including International Copyrights, are reserved by Syncro. The structure, organization and code of the Software are valuable trade secrets and confidential information of Syncro.

  • Ownership and Proprietary Rights Title, ownership rights and intellectual property rights to Software or to the Software and all patents, copyright, design rights, trade secrets and other proprietary rights in or related to the Software are and remain the exclusive property of Licensor and its suppliers. Licensee acknowledges such rights and will not take any action that jeopardizes such rights or acquire any rights except the limited use rights specified in this Agreement. The Software is protected by copyright and other intellectual property laws and international treaty provisions. The Licensee further acknowledges that in the course of its use of the Software, pursuant to the terms of this Agreement, that it may suggest modifications or improvements to the Software (“Modification(s)”). The Licensee expressly acknowledges the Licensor shall have the right to use these modifications and hereby grants the Licensor a non-exclusive, royalty-free, perpetual worldwide license to use or incorporate said Modification(s), in whole or in part, into the future development of any technology, including the Software. The Licensee expressly acknowledges that the Licensor is not obligated to provide the licensee with any form of compensation with respect to the use of the Modification(s).

  • Ownership and Licenses 54 Section 16.01 Property damage. ....................................................................................................................55 Section 16.02 Risk of Loss.............................................................................................................................55 Section 16.03 Limitation of HHSC's Liability. .................................................................................................55 Section 17.01 Insurance Coverage. ...............................................................................................................56 Section 17.02 Performance Bond. .................................................................................................................57 Section 17.03 TDI Fidelity Bond .....................................................................................................................57

  • Confidentiality and Intellectual Property Rights (a) The parties acknowledge that the information which the disclosing party submits to the receiving party in connection with this Agreement includes disclosing party's confidential and proprietary information, both of a technical and commercial nature. Receiving party agrees not to disclose such information to third parties without disclosing party's prior written consent. (b) The intellectual property rights, copyrights and other rights connected therewith, in respect of drawings, specifications, documents, data and software made available by the Seller to the Buyer shall be owned solely by the Seller and shall remain its property. Buyer is not allowed to permit any third party to fabricate the Products or any parts thereof. (c) The Buyer is obliged to inform the Seller of any intellectual property rights that may exist with respect to the Equipment if Services are rendered for Equipment not supplied by the Seller. In case of third-party claims that may be asserted on the grounds of the existence of intellectual property rights on the Equipment or Products not delivered by the Seller, the Buyer shall indemnify and hold harmless the Seller against any such claims. (d) With regard to software the Seller grants to the Buyer a non-exclusive and non-transmissible right to use the intellectual property right, in machine-readable, object code form, on one system limited to the operation of the agreed Equipment. The software license shall be unlimited in time and free of charge, if not otherwise agreed. Neither the Buyer nor any third party shall modify, reproduce, translate, reverse engineer, transfer from object code to the source code or decompile the Seller´s software. The license does not entitle the Buyer to use the software for any equipment other than the agreed Equipment, to grant sub-licenses or to copy the software documents without the Seller ´s prior written consent. The Buyer is only entitled to make a single copy for backup purposes to be able to reload the system limited to the one agreed Equipment. If the Buyer exchanges the agreed Equipment, new software has to be purchased and installed. In case of termination of the Agreement the license terminates and all copies of the software and the documentation shall be returned to the Seller promptly after termination.