Common use of Intellectual Property in the Services Clause in Contracts

Intellectual Property in the Services. (a) Subject to clause 12.3(a) of this Participation Agreement, the Subscriber shall not have any ownership rights in any Intellectual Property brought into existence by XXXX in providing the Services, including Services commenced or enhanced after the date of this Participation Agreement. (b) Subject to clause 12.3(a), to the extent that the Subscriber at any time acquires any right, title or interest in any Intellectual Property in the Services, the Subscriber, by the Participation Agreement, assigns to XXXX all such rights, title and interest in that Intellectual Property.

Intellectual Property in the Services. (a) Subject to clause 12.3(a) of this Participation Agreement, the Subscriber shall not have any ownership rights in any Intellectual Property brought into existence by XXXX PEXA in providing the Services, including Services commenced or enhanced after the date of this Participation Agreement. (b) Subject to clause 12.3(a), to the extent that the Subscriber at any time acquires any right, title or interest in any Intellectual Property in the Services, the Subscriber, by the Participation Agreement, assigns to XXXX PEXA all such rights, title and interest in that Intellectual Property.