Ownership and Responsibility Clause Samples
The 'Ownership and Responsibility' clause defines which party holds legal title to certain assets, materials, or intellectual property, and clarifies who is accountable for their care, use, or management. In practice, this clause may specify that a client retains ownership of all data provided to a service provider, while the provider is responsible for safeguarding that data during the contract term. By clearly allocating both ownership rights and associated duties, this clause helps prevent disputes over property and ensures each party understands their obligations.
Ownership and Responsibility. First Solar will endeavor to remove the Modules from the Registered Site promptly after the Modules have been disassembled and packaged for transportation in accordance with First Solar’s instructions. To the extent permitted by applicable law, effective upon First Solar’s removal of the Modules from the Registered Site, (a) ownership of the Modules will transfer to First Solar, automatically and without the need for any further assignment, b▇▇▇ of sale or other instrument or action, and (b) Owner will have no further liability or obligation with regard to the Modules.
Ownership and Responsibility. The Owner of the Facility shall design, construct, install, own, operate, and maintain the Facility and all equipment on the Owner’s side of the point of delivery/receipt that is required to generate and deliver energy to LES except for any special facilities as may be designated. The Facility’s protection, control, safety, and all associated equipment must meet standards of good engineering and electrical safety practices as determined solely by LES and be capable of parallel operation with LES service wires. The protection, control, safety, and other associated equipment shall at all reasonable times be accessible to authorized LES personnel.
Ownership and Responsibility. Emmaus Catholic Primary School will purchase the Equipment and both the student and families will bear the responsibility for the care, maintenance and correct usage of the device. As stated in Section 4 (Exclusive Use), the device will remain the property of Emmaus Catholic Primary School.
Ownership and Responsibility. 8.1 TEMIC acknowledges and agrees that SMI shall own all rights, including, without limitation, all patent rights, copyrights, trade secret rights, and mask work and similar rights, in and to the wafers and other products produced by TEMIC for SMI hereunder, and in the know-how disclosed by SMI to TEMIC hereunder. TEMIC shall own all rights in and to the production process and all know-how independently developed by TEMIC and used in the manufacturing of the wafers. SMI and TEMIC acknowledge that TEMIC is acting only as a foundry.
Ownership and Responsibility a. SPECTRIAN and SMI acknowledge that each party will own its pre-existing technology, and any technology solely created by it. SPECTRIAN will own any and all intellectual property developed solely by SPECTRIAN related to semiconductor manufacturing, the die, packaging or internal matching of devices covered by this agreement. Except as set forth above, all know-how and inventions relating to the design of devices, device assembly, or internal matching of devices jointly invented by the parties in the course of product development efforts will be jointly owned and each party shall retain the right to use and license such technology.
Ownership and Responsibility. I. The Artist retains full ownership and copyright of their Artwork at all times.
II. Urban Co-Works shall take reasonable care to ensure the safety and security of the Artwork while it is on display.
III. Urban Co-Works shall not be liable for any loss, damage, or theft of the Artwork.
Ownership and Responsibility. Upon satisfactory completion of the Project, SD1 shall assume ownership of the new infrastructure pursuant to the terms of the Transfer Agreements.
Ownership and Responsibility. At its sole cost and expense, Owner shall design, construct, install, own, operate and maintain the Facility and all equipment on the Owner's side of the Interconnection Point that is required to generate and deliver energy to SSC, except for any special facilities as may be designated by the Parties. The Facility's protection, control, safety and all associated equipment must meet standards of good engineering and electrical safety practices as determined solely by SSC in its reasonable discretion and be capable of parallel operation with SSC service wires. The protection, control, safety and other associated equipment shall at all reasonable times be accessible to authorized SSC personnel.
Ownership and Responsibility a. The laptops or computers provided by NMC remain the property of NMC at all times.
b. NMC reserves the right to monitor and manage the devices provided, including but not limited to implementing security measures, updating software, and enforcing compliance with NMC policies.
c. Employees are responsible for the proper care, safeguarding, and lawful use of the laptop or computer equipment.
d. Any damage or issues with the equipment must be reported immediately to the NMC IT department.
Ownership and Responsibility. Emmaus Catholic Primary School will purchase the Equipment and the families will bear the responsibility for the care, maintenance and correct usage of the machine .