Common use of Ownership and Right to Use Clause in Contracts

Ownership and Right to Use. The Seller owns or has the right to use all of the Purchased Proprietary Rights.

Appears in 1 contract

Sources: Asset Purchase Agreement (Hirsch International Corp)

Ownership and Right to Use. The Seller owns Buyer owns, has been granted a license to use or otherwise has the right to use all of the Purchased Intellectual Property that it uses, or holds for use, in its business (the “Buyer Proprietary Rights”).

Appears in 1 contract

Sources: Merger Agreement (First Bancorp /Nc/)