Common use of Intellectual Property (IP) Rights and Trademarks Clause in Contracts

Intellectual Property (IP) Rights and Trademarks. All IP Rights evidenced by or embodied in and/or attached/connected/related to the Mobile Services (including the code and documentation) and Processor’s or its MSP’s trademarks shall be owned solely by Processor or the subcontractor, as applicable. You acknowledge that, except as expressly provided hereunder in connection with the use of the Mobile Services, Processor does not convey any IP Rights to You hereunder.

Intellectual Property (IP) Rights and Trademarks. All IP Rights evidenced by or embodied in and/or attached/connected/related to the Mobile Gateway Services (including the code and documentation) and Processor’s or its MSPGSP’s trademarks shall be owned solely by Processor or the subcontractor, as applicable. You acknowledge that, that except as expressly provided hereunder in connection with the use of the Mobile Gateway Services, Processor does not convey any IP Rights to You hereunder.