Separate ownership Clause Samples

The "Separate ownership" clause establishes that certain assets, rights, or intellectual property remain the exclusive property of a specific party, even when used or developed during a collaborative relationship. In practice, this clause may specify that pre-existing materials, proprietary technology, or background intellectual property contributed by one party are not transferred or shared with the other party as part of the agreement. Its core function is to prevent disputes over ownership by clearly delineating which assets are not subject to joint ownership or transfer, thereby protecting each party's original property and interests.
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Separate ownership. It is contemplated that Riverplace II Joint Venture (the "JV") will acquire the New RiverPlace Development from TCR #520 Riverplace Limited Partnership ("TCR"). Until such acquisition occurs, and if such acquisition is never completed, this Agreement will be construed as separate agreements between FirstLink and TCR with respect to the New RiverPlace Development and FirstLink and the JV with respect to the Existing RiverPlace Development, in each case disregarding provisions that are not applicable to the portion of the Development in question. Transfer of the New RiverPlace Development from TCR to the JV may be completed without further consent or approval from FirstLink, and after such transfer is completed, this Agreement will be construed as an agreement solely between FirstLink and the JV with respect to the entire Development. If, prior to acquisition of the New RiverPlace Development by the JV, either TCR or the JV defaults under this Agreement, such default shall not affect the other of them, nor shall FirstLink be entitled to terminate this Agreement with respect to either TCR or the JV on account of a default by the other of them. The JV agrees that it will continue to allow FirstLink to use the System Site and related wiring and cabling running through the Existing RiverPlace Development to service the New RiverPlace Development even if this Agreement is terminated as between FirstLink and the JV.
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Separate ownership. Except as otherwise expressly set forth herein, each party shall own, as his or her separate property free from any claim or right of the other, all the items of property, real, personal and mixed, of any kind, nature or descrip- tion and wheresoever situate, that are now in his or her name, control or possession, with full power to dispose of the same as fully and effectually in all respects and for all purposes as if unmarried.
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Separate ownership. The Parties' marital residence will remain as the non-marital, separate and individual property of the (Check one) ☐ First Party ☐ Second Party during and after the marriage.
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Separate ownership. Marvell retains ownership of the Marvell Integration Technology (and all Intellectual Property Rights therein) and all portions of the Integrated Gb Silicon separately developed by Marvell (and all Intellectual Property Rights therein) and Intel will retain ownership of the Intel ***** Technology (and all Intellectual Property Rights therein) and all portions of the Integrated Gb Silicon separately developed by Intel (and all Intellectual Property Rights therein).
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Separate ownership. If the Creative Office Phase and the Residential Phase are owned by separate Developers:
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Separate ownership 
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Related to Separate ownership

  • Share Ownership No officer or director or any direct or indirect beneficial owner (including the Insiders) of any class of the Company’s unregistered securities is an owner of shares or other securities of any member of FINRA participating in the Offering (other than securities purchased on the open market).

  • Data Ownership BA acknowledges that BA has no ownership rights with respect to the Protected Information.

  • Account Ownership Notwithstanding anything else in this Exhibit or the Agreement, i) the Legal Guardian may take over as Account Owner with respect to the Newborn Stem Cells at any time before the Child reaches the age of majority by executing a new ViaCord Services Agreement, and ii) the Child may take over as Account Owner with respect to the Newborn Stem Cells at any time after reaching the age of majority by executing a new ViaCord Services Agreement.

  • Beneficial Ownership The Company shall not effect any conversions of this Note and the Holder shall not have the right to convert any portion of this Note or receive shares of Common Stock as payment of interest hereunder to the extent that after giving effect to such conversion or receipt of such interest payment, the Holder, together with any affiliate thereof, would beneficially own (as determined in accordance with Section 13(d) of the Exchange Act and the rules promulgated thereunder) in excess of 4.99% of the number of shares of Common Stock outstanding immediately after giving effect to such conversion or receipt of shares as payment of interest. Since the Holder will not be obligated to report to the Company the number of shares of Common Stock it may hold at the time of a conversion hereunder, unless the conversion at issue would result in the issuance of shares of Common Stock in excess of 4.99% of the then outstanding shares of Common Stock without regard to any other shares which may be beneficially owned by the Holder or an affiliate thereof, the Holder shall have the authority and obligation to determine whether the restriction contained in this Section will limit any particular conversion hereunder and to the extent that the Holder determines that the limitation contained in this Section applies, the determination of which portion of the principal amount of this Note is convertible shall be the responsibility and obligation of the Holder. If the Holder has delivered a Conversion Notice for a principal amount of this Note that, without regard to any other shares that the Holder or its affiliates may beneficially own, would result in the issuance in excess of the permitted amount hereunder, the Company shall notify the Holder of this fact and shall honor the conversion for the maximum principal amount permitted to be converted on such Conversion Date in accordance with Section 3(a) and, any principal amount tendered for conversion in excess of the permitted amount hereunder shall remain outstanding under this Note. In the event that the Market Capitalization of the Company falls below $2,500,000, the term “4.99%” above shall be permanently replaced with “9.99%”. “Market Capitalization” shall be defined as the product of (a) the closing price of the Common Stock of the Common stock multiplied by (b) the number of shares of Common Stock outstanding as reported on the Company’s most recently filed Form 10-K or Form 10-Q. The provisions of this Section may be waived by Holder upon not less than 65 days prior written notification to the Company.

  • No Ownership Interest Nothing contained in this Agreement shall be deemed to vest in Parent any direct or indirect ownership or incidence of ownership of or with respect to the Covered Shares. All rights, ownership and economic benefits of and relating to the Covered Shares shall remain vested in and belong to the Stockholder, and Parent shall have no authority to direct the Stockholder in the voting or disposition of any of the Covered Shares, except as otherwise provided herein.