Common use of Ownership and Title Clause in Contracts

Ownership and Title. The Party owning the Intellectual Property in ------------------- question as of the date hereof shall be considered and remain the "Owning Party" of such Intellectual Property. Nothing herein shall grant to the other Party any right, title or interest in the Intellectual Property of the Owning Party. The Parties acknowledge that any unauthorized use of Intellectual Property will cause immediate and irreparable harm to the Owning Party and shall entitle it to appropriate injunctive relief

Ownership and Title. The Party owning the Intellectual Property in ------------------- question as of the date hereof shall be considered and remain the "Owning Party" of such Intellectual Property. Nothing herein shall grant to the other Party any right, title or interest in the Intellectual Property of the Owning Party. The Parties acknowledge that any unauthorized use of Intellectual Property will cause immediate and irreparable harm to the Owning Party and shall entitle it to appropriate injunctive relief