SELLER OWNERSHIP Sample Clauses
SELLER OWNERSHIP. Seller shall exclusively own all IP Rights in all know-how, technology, processes, procedures, ideas and concepts developed by Seller or its employees, agents, affiliates or contractors in the course of manufacturing the Products, any modifications, enhancements, improvements to the manufacturing processes for the Products, and any other idea, design, concept, technique, invention or discovery related to the manufacture of the Products during the Term of this Agreement ("Manufacturing Standards"). For the avoidance of doubt, (i) Buyer shall retain all IP Rights to all manufacturing processes, know-how and other information and materials provided by Buyer to Seller after the Effective Date of this Agreement to manufacture the Products or perform the Services ("Buyer IP"), and (ii) Seller shall retain all IP Rights to all manufacturing processes, know-how, and other information owned by Seller or developed by Seller other than in connection with the performance of this Agreement.
SELLER OWNERSHIP. No natural person owns a 25% or greater interest in Seller, directly or indirectly.
SELLER OWNERSHIP. As between the Parties, after the Effective Date, Seller hereby retains all right, title and interest, including all Intellectual Property Rights, in and to any derivative works to Licensed Technology and Licensed Transferred PCIe Technology (subject to Buyer’s ownership of the underlying Licensed Transferred PCIe Technology) made by or for Seller, other than by Seller for Buyer if specifically assigned pursuant to the TSA. Except in the performance of its obligations under the TSA, Seller shall not have any obligation to notify Buyer of any derivative works to Licensed Technology or Licensed Transferred PCIe Technology made by or for it or to disclose or license any such derivative works to Buyer.
SELLER OWNERSHIP. The Seller represents and warrants that to the best of its knowledge that it is the sole owner of all Shares transferred hereby by it and it will transfer to Buyer, in fulfillment of this Agreement, all of the Shares owned by it, free and clear of all Liens, encumbrances or claims by any third parties.
SELLER OWNERSHIP. Seller Principals directly or indirectly own 100% of the issued and outstanding membership interest of Seller and are all of the individual beneficial owners thereof.
SELLER OWNERSHIP. Each Seller represents and warrants that the number of shares and options, if any, set forth next to their name on Schedule 2.02(b) and 4.04 is true and accurate.