Common use of No Grant of License Clause in Contracts

No Grant of License. No rights or obligations other than those expressly stated shall be implied from this Agreement. In particular, no license or other right is hereby granted, either express or implied, to one party by the other party (i) with respect to the other party's Confidential Information or (ii) under any patent, patent application, copyright, trademark, or other proprietary right or intellectual property right now or hereafter controlled by the other party.