Common use of Ownership of Material and Intellectual Property Rights Clause in Contracts

Ownership of Material and Intellectual Property Rights. (Ownership of the Material) The parties acknowledge and agree that: NSLHD is the owner of the Original Material or holds the Original Material on behalf of Other Organisations, who own the Original Material; the Recipient will own: Modifications; and those substances created through the use of the Requested Material or Modifications, which are not Unmodified Derivatives or Modifications (i.e., which do not contain the Material or Unmodified Derivatives).

Ownership of Material and Intellectual Property Rights. (Ownership of the Material) The parties acknowledge and agree that: NSLHD is the owner of the Original Material or holds the Original Material on behalf of Other Organisations, who own the Original Material; the Recipient will own: Modifications; and those substances created through the use of the Requested Material or Modifications, which are not Unmodified Derivatives or Modifications (i.e., which do not contain the Material or Unmodified Derivatives).and