Common use of Ownership of System Clause in Contracts

Ownership of System. Title to the System will be held during the Term by Lessee (or Lessee’s designee, including any Financing Party (as defined in the TESA)), and any alterations, additions, or improvements made thereto by Lessee during the Term will remain the personal property of Lessee or Lessee’s designee (such personal property and improvements, collectively, ”Lessee Property”). In no event will any Lessee Property be deemed a fixture, nor will Lessor or Landlord (as defined in the TESA) have any rights in or to the Lessee Property at any time except as otherwise provided herein or in the TESA. No intellectual property or other ownership rights related to the Lessee Property will be transferred to Lessor or any other person, including Landlord, by virtue of this Lease Agreement.

Ownership of System. Title to the System will be held during the Term by Lessee ▇▇▇▇▇▇ (or Lessee▇▇▇▇▇▇’s designee, including any Financing Party (as defined in the TESA)), and any alterations, additions, or improvements made thereto by Lessee during the Term will remain the personal property of Lessee or Lessee▇▇▇▇▇▇’s designee (such personal property and improvements, collectively, ”Lessee Property”). In no event will any Lessee Property be deemed a fixture, nor will Lessor or Landlord (as defined in the TESA) have any rights in or to the Lessee Property at any time except as otherwise provided herein or in the TESA. No intellectual property or other ownership rights related to the Lessee Property will be transferred to Lessor or any other person, including Landlord, by virtue of this Lease Agreement.

Ownership of System. Title to the System will be held during the Term by Lessee ▇▇▇▇▇▇ (or Lessee▇▇▇▇▇▇’s designee, including any Financing Party (as defined in the TESA)), and any alterations, additions, or improvements made thereto by Lessee during the Term will remain the personal property of Lessee or Lessee▇▇▇▇▇▇’s designee (such personal property and improvements, collectively, ”Lessee Property”). In no event will any Lessee Property be deemed a fixture, nor will Lessor or Landlord (as defined in the TESA) have any rights in or to the Lessee Property at any time except as otherwise provided herein or in the TESA. No intellectual property or other ownership rights related to the Lessee Property will be transferred to Lessor or any other person, including Landlord, person by virtue of this Lease Agreement.