Common use of DATA AND INTELLECTUAL PROPERTY RIGHTS Clause in Contracts

DATA AND INTELLECTUAL PROPERTY RIGHTS. 12.1. Any drawings, specifications, technical data or other information that Seller discloses to Buyer, including the Software, is and shall remain proprietary to Seller and shall be protected by Buyer in the same manner as Buyer protects its own confidential information of like significance but with no less than a reasonable degree of care. Xxxxx agrees not to disclose any such data to any third party, including its affiliates, nor to use it for any purpose other than as intended by Seller. 12.2. Nothing shall be deemed to transfer to either party any ownership right or license of any kind in or to any of the other party’s intellectual property. 12.3. Unless otherwise expressly set forth in writing by Xxxxxx, non-recurring engineering charges and all charges of a similar nature which may be billed to Buyer for work performed by Seller in connection with the sale of Products from Seller to Buyer (including but not limited to tooling charges, partial preparation charges, drawing or design charges, set-up or fit-up charges, and the like) represent only part of the cost thereof incurred by Seller. Buyer does not acquire any right, title or interest in, or license (either express or implied) to, any drawings, designs, inventions or intellectual property, or any tooling or other tangible property, by virtue of any such charges.

DATA AND INTELLECTUAL PROPERTY RIGHTS. 12.111.1. Any drawings, specifications, technical data or other information that Seller discloses to Buyer, including the Software, Buyer is and shall remain proprietary to Seller and shall be protected by Buyer in the same manner as Buyer protects its own confidential information of like significance but with no less than a reasonable degree of care. Xxxxx agrees not to disclose any such data to any third party, including its affiliates, nor to use it for any purpose other than as intended by Seller. 12.211.2. Nothing shall be deemed to transfer to either party any ownership right or license of any kind in or to any of the other party’s intellectual property. 12.311.3. Unless otherwise expressly set forth in writing by Xxxxxx, non-recurring engineering charges and all charges of a similar nature which may be billed to Buyer for work performed by Seller in connection with the sale of Products from Seller to Buyer (including but not limited to tooling charges, partial preparation charges, drawing or design charges, set-up or fit-up charges, and the like) represent only part of the cost thereof incurred by Seller. Buyer does not acquire any right, title or interest in, or license (either express or implied) to, any drawings, designs, inventions or intellectual property, or any tooling or other tangible property, by virtue of any such charges.

DATA AND INTELLECTUAL PROPERTY RIGHTS. 12.18.1. Any drawings, specifications, technical data or other information that Seller discloses to Buyer, including the Software, is and shall remain proprietary to Seller and shall be protected by Buyer in the same manner as Buyer protects its own confidential information of like significance but with no less than a reasonable degree of care. Xxxxx agrees not to disclose any such data to any third party, including its affiliates, nor to use it for any purpose other than as intended by Seller. 12.28.2. Nothing shall be deemed to transfer to either party any ownership right or license of any kind in or to any of the other party’s intellectual property. 12.38.3. Unless otherwise expressly set forth in writing by Xxxxxx, non-recurring engineering charges and all charges of a similar nature which may be billed to Buyer for work performed by Seller in connection with the sale of Products from Seller to Buyer (including but not limited to tooling charges, partial preparation charges, drawing or design charges, set-up or fit-up charges, and the like) represent only part of the cost thereof incurred by Seller. Buyer does not acquire any right, title or interest in, or license (either express or implied) to, any drawings, designs, inventions or intellectual property, or any tooling or other tangible property, by virtue of any such charges.