Common use of Certain Specified Items Clause in Contracts

Certain Specified Items. Without limiting any obligation or liability of any Party under the Distribution Agreement or any Ancillary Agreement, and subject to the provisions set forth in Article III below, each of the Parties hereto acknowledges, recognizes and agrees that, after the Distribution, all right, title and interest in all Intellectual Property relating to and associated with the items identified in Schedule A shall be owned by or vested in the Party indicated therein. This provision is intended to supplement the preceding Sections 2.01-2.03 with regard to these specified items, and should not be construed in any manner that would tend to derogate from the validity or applicability of the general principles of allocation and recognition set forth therein. Nevertheless, in the event of conflict between this provision and Sections 2.01-2.03, this Section 2.04 shall prevail.

Certain Specified Items. Without limiting any obligation or liability of any Party under the Distribution Agreement or any Ancillary Agreement, and subject to the provisions set forth in Article III below, each of the Parties hereto acknowledges, recognizes and agrees that, after the Distribution, all right, title and interest in all Intellectual Property relating to and associated with the items identified in Schedule A shall be owned by or vested in the Party indicated therein. This provision is intended to supplement the preceding Sections 2.01-2.03 with regard to these specified items, and should not be construed in any manner that would tend to derogate from the validity or applicability of the general principles of allocation and recognition set forth therein. Nevertheless, in the event of if a conflict exists between this provision Section 2.04 and Sections 2.01-2.03, then this Section 2.04 shall prevail.