Common use of Independent Technology Clause in Contracts

Independent Technology. Each Party acknowledges and agrees that, as between the Parties, each Party is and shall remain for all purposes hereunder the sole and exclusive owner of all right, title and interest in and to its Independent Technology and all associated Intellectual Property Rights. Each Party acknowledges that it acquires no rights under this Agreement to the other Party’s Independent Technology or associated Intellectual Property Rights other than the limited licenses expressly granted in this Agreement.

Appears in 6 contracts

Samples: Master Confidentiality and Joint Development Agreement, Shared Services Agreement, Shared Services Agreement

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Independent Technology. Each Party acknowledges and agrees that, as between the Parties, each Party is and shall remain for all purposes hereunder the sole and exclusive owner of all right, title and interest in and to its Independent Technology and all associated Intellectual Property Rights. Each Party acknowledges that it acquires no rights under this Agreement to the other Party’s 's Independent Technology or associated Intellectual Property Rights other than the limited licenses expressly granted in this Agreement.

Appears in 2 contracts

Samples: Master Confidentiality and Joint Development Agreement (Momentive Specialty Chemicals Inc.), Shared Services Agreement (Momentive Specialty Chemicals Inc.)

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Independent Technology. Each Party acknowledges and agrees that, as between the Parties, each Party is and shall remain for all purposes hereunder the sole and exclusive owner of all right, title and interest in and to its Independent Technology and all associated Intellectual Property Rights. Each Party acknowledges that it acquires no rights under this Agreement to the other Party’s 's Independent Technology or associated Intellectual Property Rights other than the limited licenses expressly granted in this Agreement.. 7.2

Appears in 1 contract

Samples: Shared Services Agreement

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