Original Ownership Clause Samples

The Original Ownership clause establishes that any property, intellectual or otherwise, brought into an agreement by a party remains the sole property of that party. In practice, this means that pre-existing inventions, trademarks, copyrights, or other assets are not transferred or shared simply by entering into the contract. This clause is essential for protecting each party’s prior assets and ensuring that only new developments or specifically agreed-upon items are subject to shared ownership or transfer, thereby preventing disputes over pre-existing property rights.
Original Ownership. All IP Rights owned or controlled by a Party prior to the Effective Date or prior to any Project Acceptance shall remain the property of such party throughout the term of this Agreement and thereafter.
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Original Ownership. All original code, icons, logos, illustrations, and graphic designs created by the Contractor for use on the Client Mobile Application are the exclusive property of the Contractor until receipt of the Total Fee amount.
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Original Ownership. When the company was set up, the KAOS company contributed the sum of eighty thousand euros (80,000) and ▇▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ contributed the sum of forty thousand euros (40,000). Following various sales of capital stock, the present ownership of the shares is as follows: ▇▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ owns 662 shares in the equity of PROVERBE The PROXIMA CENTAURI company owns 350 shares in the equity of PROVERBE ▇▇. ▇▇▇▇ ▇▇▇▇▇▇▇ owns 60 shares in the equity of PROVERBE ▇▇. ▇▇▇▇▇▇ Thermoz owns 120 shares in the equity of PROVERBE ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇ owns 48 shares in the equity of PROVERBE
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Original Ownership. All original icons, logos, illustrations, and graphic designs created by the Contractor for use on the Client Web site are the exclusive property of the Contractor until receipt of the Total Fee amount.
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Original Ownership. At the time of the constitution, a contribution of nine hundred thousand (900,000) francs in cash was made to the company, which was deposited, in accordance with the law, on behalf of the company, credited to an account open in the name of the company in course of incorporation, at the bank Societe Generale, Puteaux Agency, ▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, 92800 Puteaux. Following a decision to make a new increase in capital stock by a General Extraordinary Meeting on December 20, 2000, capital in the amount of four million nine hundred and ninety-five thousand (4,995,000) francs in cash was raised, which included four million seven hundred and seventy thousand (4,770,000) francs through an issue premium and two hundred and twenty-five thousand (225,000) francs in capital. During the conversion of the capital into euro decided by this same general assembly of December 20, 2000, the sum of fifty five thousand seven hundred and twenty-two francs and sixty centimes (55,722.60) was retained under issue premium, bringing the amount of capital to one hundred eighty thousand (180,000) euros after conversion. By a collective decision of the stockholders on September 30, 2002, the company issued new capital stock with a value of thirty one thousand two hundred (31,200) euros according to subscription in cash and compensation by uncontested, liquid, and enforceable debt. The current distribution of share capital is as follows: ▇▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ is owner of 2,303 shares of NICKEL SA company ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ is owner of 927 shares of NICKEL SA company ▇▇. ▇▇▇▇▇▇ ▇▇▇▇▇ is owner of 456 shares of NICKEL SA company ▇▇. ▇▇▇▇ ▇▇▇▇▇▇ is owner of 275 shares of NICKEL SA company SA IDIA PARTICIPATIONS is owner of 1,833 shares of NICKEL SA company SA CREDIT LYONNAIS CAPITAL INVESTISSEMENT is owner of 1,833 shares of NICKEL SA company SARL PROVERBE is owner of 3,288 shares of NICKEL SA company Mr. Serge Brunswick is owner of 477 shares of NICKEL SA company ▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ is owner of 293 shares of NICKEL SA company ▇▇. ▇▇▇▇▇ ▇▇▇▇ is owner of 300 shares of NICKEL SA company ▇▇. ▇▇▇▇▇ de Bausset Roquefort (Handwritten)and Ms. ▇▇▇▇▇▇▇ de Bausset Roquefort are is owner of 940 shares of NICKEL SA company Ms. Veronique Bourlaouen is owner of 275 shares of NICKEL SA company The shareholders of the company met in an extraordinary general assembly on December 20, 2000 for the purpose of deciding on issuing a convertible bond in shares reserved for the CREDIT LYONNAIS CAPITAL INVESTISS...
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Original Ownership. All IP Rights owned or controlled by a Party prior to the Effective Date or prior to any Project Acceptance shall remain the property of such party throughout the term of this Agreement and thereafter. 8x8 Sole Ownership. Except as set forth in Section 5.4 below, all IP Rights originated, discovered or developed by or for 8x8, shall be owned by 8x8. ST Sole Ownership. All IP Rights originated, discovered or developed by or for ST shall be owned by ST. All Mask Work generated by the Parties, individually or collectively, pursuant to this Agreement shall be the property of ST. However, ST's ownership of the Mask Works shall not be deemed to give ST any ownership in any 8x8's IP Rights even though such 8x8's IP Rights may be fixed in those Mask Works. Joint Ownership. With the exception of any ownership rights set forth in Sections 5.1 ("Original Ownership"), 5.2 ("8x8 Sole Ownership"), and 5.3 ("ST Sole Ownership") above, any IP Rights originated, discovered or developed jointly by both Parties ("Jointly Owned IP Rights") shall be jointly owned and each Party shall have the unrestricted right to use such Jointly Owned IP Rights without accounting to the other Party, including the right to license the Jointly Owned IP Rights without the prior written approval of the other Party.
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Original Ownership. The Company was originally known as “NPCK, LLC.” The original owner of the Company, ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, never used the Company for transacting any business and transferred the Membership Interests of the Company to OCH International, Inc. The Company was formally organized effective January 1, 2012, although Articles of Amendment to the Articles of Organization, changing the Company name, did not occur until April of 2012.
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Related to Original Ownership

  • Initial Ownership Upon the formation of the Trust by the contribution by the Depositor pursuant to Section 2.5 and until the issuance of the Certificate to the initial Certificateholder, the Depositor shall be the sole beneficiary of the Trust.

  • Company Ownership Company will own its respective right, title, and interest, including Intellectual Property Rights, in and to the Company Data. Company hereby grants BNYM a limited, nonexclusive, nontransferable license to access and use the Company Data, and consents to BNYM's permitting access to, transferring and transmitting Company Data, all as appropriate to Company's use of the Licensed Rights or as contemplated by the Documentation.

  • Data Ownership BA acknowledges that BA has no ownership rights with respect to the Protected Information.

  • Share Ownership No officer or director or any direct or indirect beneficial owner (including the Insiders) of any class of the Company’s unregistered securities is an owner of shares or other securities of any member of FINRA participating in the Offering (other than securities purchased on the open market).

  • Beneficial Ownership The Company shall not effect any conversions of this Note and the Holder shall not have the right to convert any portion of this Note or receive shares of Common Stock as payment of interest hereunder to the extent that after giving effect to such conversion or receipt of such interest payment, the Holder, together with any affiliate thereof, would beneficially own (as determined in accordance with Section 13(d) of the Exchange Act and the rules promulgated thereunder) in excess of 4.99% of the number of shares of Common Stock outstanding immediately after giving effect to such conversion or receipt of shares as payment of interest. Since the Holder will not be obligated to report to the Company the number of shares of Common Stock it may hold at the time of a conversion hereunder, unless the conversion at issue would result in the issuance of shares of Common Stock in excess of 4.99% of the then outstanding shares of Common Stock without regard to any other shares which may be beneficially owned by the Holder or an affiliate thereof, the Holder shall have the authority and obligation to determine whether the restriction contained in this Section will limit any particular conversion hereunder and to the extent that the Holder determines that the limitation contained in this Section applies, the determination of which portion of the principal amount of this Note is convertible shall be the responsibility and obligation of the Holder. If the Holder has delivered a Conversion Notice for a principal amount of this Note that, without regard to any other shares that the Holder or its affiliates may beneficially own, would result in the issuance in excess of the permitted amount hereunder, the Company shall notify the Holder of this fact and shall honor the conversion for the maximum principal amount permitted to be converted on such Conversion Date in accordance with Section 3(a) and, any principal amount tendered for conversion in excess of the permitted amount hereunder shall remain outstanding under this Note. In the event that the Market Capitalization of the Company falls below $2,500,000, the term “4.99%” above shall be permanently replaced with “9.99%”. “Market Capitalization” shall be defined as the product of (a) the closing price of the Common Stock of the Common stock multiplied by (b) the number of shares of Common Stock outstanding as reported on the Company’s most recently filed Form 10-K or Form 10-Q. The provisions of this Section may be waived by Holder upon not less than 65 days prior written notification to the Company.