Common use of No Grant of Rights Clause in Contracts

No Grant of Rights. The Receiving Party acknowledges that the Confidential Information is the confidential and proprietary information and property of the Disclosing Party and that other than the right of use granted under Clause 2, the Receiving Party acquires no other rights in the Confidential Information disclosed to it by the Disclosing Party or otherwise. Nothing herein shall be construed as granting to the Receiving Party, expressly or by implication, any right or licence to or vesting any interest in the Receiving Party in relation to the Confidential Information. In particular, the Receiving Party shall not file any patent application containing any claim to any subject matter derived from the Confidential Information of the Disclosing Party.

Appears in 3 contracts

Samples: Mutual Non Disclosure Agreement, Mutual Non Disclosure Agreement, Mutual Non Disclosure Agreement

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No Grant of Rights. The Receiving Party acknowledges that the Confidential Information is the confidential and proprietary information and property of the Disclosing Party and that other than the right of use granted under Clause 2, the Receiving Party acquires no other rights in the Confidential Information disclosed to it by the Disclosing Party or otherwise. Nothing herein shall be construed as granting to the Receiving Party, expressly or by implication, any right or licence to or vesting any interest in the Receiving Party in relation to the Confidential Information. In particular, the Receiving Party shall not file any patent application containing any claim to any subject matter derived from the Confidential Information of the Disclosing Party.

Appears in 2 contracts

Samples: Mutual Non Disclosure Agreement, Non Disclosure Agreement

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