Contract Property Sample Clauses

Contract Property. We hereby grant You a worldwide, perpetual, non­exclusive, non­transferable, royalty­free license to use for Your internal business purposes anything developed by Us for You under this Agreement (“Contract Property”). We shall retain all ownership rights to the Contract Property.
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Contract Property. Service Provider hereby grants Customer a worldwide, perpetual, nonexclusive, non-transferable, royalty-free license to use during agreed subscription period, for its internal business purposes anything developed by Service Provider for Customer under this Agreement (“Contract Property”). Service Provider shall retain all ownership rights to the Contract Property.
Sample 1Sample 2
Contract Property. All work product produced by MKP in the course of providing the Professional Services shall be owned solely by MKP. MKP hereby grants CUSTOMER a worldwide, perpetual, irrevocable, non-exclusive, non-transferable (except to a successor by way of merger, reorganization or sale of assets), royalty-free license to use and modify such work product solely for its internal business purposes.
Sample 1
Contract Property. Except as otherwise provided in the applicable Statement of Work, Solution Junkies will be the sole owner of all works, inventions, ideas, know- how, processes, software programs, software code, materials and other work product developed by Solution Junkies for Customer under this Agreement and/or used by Solution Junkies in connection with providing Services (“Contract Property”); provided, however, that Solution Junkies grants Customer a perpetual, non-exclusive, non-transferable, license to use Contract Property for its internal business purposes but not to compete with or otherwise adversely affect Solution Junkies. Solution Junkies shall retain all copyrights, patent rights, and other intellectual property rights to the Contract Property.
Sample 1
Contract Property. Consultant hereby grants Customer a worldwide, perpetual, nonexclusive, non-transferable, royalty-free license to use for its internal business purposes anything developed by Consultant for Customer under this Agreement (“Contract Property”). Consultant shall retain all ownership rights to the Contract Property.
Sample 1
Contract Property. Upon the terms and subject to the conditions of this Agreement, on the Exchange Date, a proportion of the Reference Property equal to the product of the Reference Property Per SAILS, the Exchange Rate and the SAILS Base Amount (in each case, as determined by the Calculation Agent in accordance with the terms of this Agreement as of the Exchange Date), allocated on a pro rata basis among the Common Stock, securities, cash and/or other property constituting the Reference Property (such proportion of the Reference Property, the "Contract Property"), shall be due for delivery by Seller to Purchaser.
Sample 1
Contract Property. Consultant hereby grants to Customer a worldwide, perpetual, non-exclusive, nontransferable, royalty-free license to use for its internal business purposes anything developed by Consultant for Customer under this Agreement (“Contract Property”) but the Customer has no right (and shall not permit any third party) to copy, adapt, reverse engineer, decompile, disassemble, modify, adapt or make error corrections to software developed by Consultant in whole or in part except to the extent that any reduction of such software to human readable form (whether by reverse engineering, decompilation or disassembly) is necessary for the purposes of integrating the operation of the software with the operation of other software or systems used by Customer. Consultant shall retain all ownership rights to the Contract Property.
Sample 1
Contract Property. Altiris shall own all Contract Property (including all computer programs, documentation, code drops, designs, technology and system snapshots) and all copyrights, trade secrets, patent rights and other intellectual property in and to the Contract Property. The Contract Property shall be a "work made for hire" to the extent possible under applicable copyright law. Previo agrees to assign, and hereby assigns, to Altiris ownership of the Contract Property and the copyrights, trade secrets, patent rights and other intellectual property in and to the Contract Property. As the owner of the Contract Property, Altiris may use, license, distribute, sell, copy, make, and otherwise commercialize and exploit the Contract Property and create modifications and enhancements thereto and derivative works based thereon, and authorize or license others to do so, and exercise any and all other rights and attributes associated with ownership, all without any obligation to account to Previo. Nothing in this Agreement, or in the course of dealing between the Parties, shall be construed to assign or transfer ownership of any of Altiris' intellectual property to Previo or to any other party.
Sample 1

Related to Contract Property

  • Property and Equipment All property and equipment purchased by CONTRACTOR with funds received under this Agreement, or purchased on behalf of CONTRACTOR for the program site(s) covered under this Agreement, shall be insured by CONTRACTOR at replacement value against fire, theft, and destruction equal to the full replacement cost.

  • Plant and Equipment The plants, structures and equipment of the Company are structurally sound with no known defects and are in good operating condition and repair and are adequate for the uses to which they are being put; and none of such plants, structures or equipment are in need of maintenance or repairs except for ordinary, routine maintenance and repairs which are not material in nature or cost. Except as set forth in Schedule 3.16, the Company has not received notification that it is in violation of any applicable building, zoning, anti-pollution, health or other law, ordinance or regulation in respect of its plants or structures or their operations and no such violation exists.

  • Equipment and Property A. The Grantee must ensure equipment with a per-unit cost of $5,000 or greater purchased with grant funds under this award is used solely for the purpose of this Grant or is properly pro-rated for use under this Grant. Grantee must have control systems to prevent loss, damage, or theft of property funded under this Grant. Grantee shall maintain equipment management and inventory procedures for equipment, whether acquired in part or whole with grant funds, until disposition occurs. B. When equipment acquired by Grantee under this Grant Agreement is no longer needed for the original project or for other activities currently supported by System Agency, the Grantee must properly dispose of the equipment pursuant to 2 CFR and/or TxGMS, as applicable. Upon termination of this Grant Agreement, use and disposal of equipment by the Grantee shall conform with TxGMS requirements. C. Grantee shall initiate the purchase of all equipment approved in writing by the System Agency in accordance with the schedule approved by System Agency, as applicable. Failure to timely initiate the purchase of equipment may result in the loss of availability of funds for the purchase of equipment. Requests to purchase previously approved equipment after the first quarter in the Grant Agreement must be submitted to the assigned System Agency contract manager. D. Controlled Assets include firearms, regardless of the acquisition cost, and the following assets with an acquisition cost of $500 or more, but less than $5,000: desktop and laptop computers (including notebooks, tablets and similar devices), non-portable printers and copiers, emergency management equipment, communication devices and systems, medical and laboratory equipment, and media equipment. Controlled Assets are considered supplies. E. System Agency funds must not be used to purchase buildings or real property without prior written approval from System Agency. Any costs related to the initial acquisition of the buildings or real property are not allowable without written pre-approval.

  • Mortgaged Property Undamaged The Mortgaged Property is undamaged by waste, fire, earthquake or earth movement, windstorm, flood, tornado or other casualty so as to affect adversely the value of the Mortgaged Property as security for the Mortgage Loan or the use for which the premises were intended;

  • Work Performed on District Property Contractor shall comply with the following:

  • Leased Equipment The risk of loss or damage to leased equipment, goods or property shall not transfer to the University except as provided in §680.219, Florida Statutes. Any security interest in the leased equipment, goods or property granted to the Contractor contrary to AGO 79-72 and AGO 80-9 is null and void. Limitations of remedies provisions, which are unconscionable under applicable Florida law, are void. MATERIAL SAFETY DATA SHEET (MSDS). In compliance with Florida Statutes, Ch. 442, a Material Safety Data Sheet (MSDS) must accompany any applicable item delivered under this Agreement.

  • Contractor’s Equipment The Contractor shall be responsible for all Contractor’s Equipment. The Contractor’s Equipment shall be deemed to be exclusively intended for the execution of the Works.

  • Mortgaged Property Undamaged; No Condemnation Proceedings There is no proceeding pending or threatened for the total or partial condemnation of the Mortgaged Property. The Mortgaged Property is undamaged by waste, fire, earthquake or earth movement, windstorm, flood, tornado or other casualty so as to affect adversely the value of the Mortgaged Property as security for the Mortgage Loan or the use for which the premises were intended and each Mortgaged Property is in good repair. There have not been any condemnation proceedings with respect to the Mortgaged Property and the Seller has no knowledge of any such proceedings in the future;

  • Mortgaged Property The real property securing repayment of the debt evidenced by a Mortgage Note.

  • Fixtures and Equipment Each of the Company and its Subsidiaries (as applicable) has good title to, or a valid leasehold interest in, the tangible personal property, equipment, improvements, fixtures, and other personal property and appurtenances that are used by the Company or its Subsidiary in connection with the conduct of its business (the “Fixtures and Equipment”). The Fixtures and Equipment are structurally sound, are in good operating condition and repair, are adequate for the uses to which they are being put, are not in need of maintenance or repairs except for ordinary, routine maintenance and repairs and are sufficient for the conduct of the Company’s and/or its Subsidiaries’ businesses (as applicable) in the manner as conducted prior to the Closing. Each of the Company and its Subsidiaries owns all of its Fixtures and Equipment free and clear of all Liens except for (a) liens for current taxes not yet due and (b) zoning laws and other land use restrictions that do not impair the present or anticipated use of the property subject thereto.