LICENSOR Exclusive Owner Sample Clauses
The 'LICENSOR Exclusive Owner' clause establishes that the licensor is the sole and exclusive owner of the intellectual property or rights being licensed. In practice, this means that only the licensor holds the legal title to the relevant assets, and no other party has competing ownership claims. This clause typically applies to patents, trademarks, copyrights, or proprietary technology, ensuring that the licensee is receiving rights from the legitimate and exclusive source. Its core function is to provide assurance to the licensee regarding the legitimacy and exclusivity of the licensor's ownership, thereby reducing the risk of future disputes or third-party claims.
LICENSOR Exclusive Owner. LICENSEE hereby acknowledges LICENSOR as purporting to be the sole and exclusive owner of the patents and patent applications listed on Schedule A, and that, except for the rights granted hereunder, LICENSEE shall not have any rights or attempt to assert any ownership rights in and to those patents and patent applications.
LICENSOR Exclusive Owner. LICENSEE hereby acknowledges LICENSOR and SCSC as purporting to be the sole and exclusive owners of the patents and patent applications listed on Schedule A, and that, except for the rights granted hereunder, LICENSEE shall not have any rights or attempt to assert any ownership rights in and to those patents and patent applications.