Common use of Ownership of Certain Proprietary Property Rights Clause in Contracts

Ownership of Certain Proprietary Property Rights. The Customer shall not, by virtue of this Contract, acquire any interest in any formulas, patterns, devices, secret inventions or processes, copyrights, patents, other intellectual or proprietary rights, or similar items of property which are or may be used in connection with the equipment. The ESCO shall grant to the Customer a perpetual, irrevocable royalty-free license for any and all software or other intellectual property rights necessary for the Customer to continue to operate, maintain, and repair the equipment in a manner that will yield maximal energy consumption reductions.

Appears in 1 contract

Samples: Energy Performance Contract

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Ownership of Certain Proprietary Property Rights. The Customer shall not, by virtue of this Contract, acquire any interest in any formulas, patterns, devices, secret inventions or processes, copyrights, patents, other intellectual or proprietary rights, or similar items of property which are or may be used in connection with the equipment. The ESCO Chevron ES shall grant to the Customer a perpetual, irrevocable royalty-free license for any and all software or other intellectual property rights necessary for the Customer to continue to operate, maintain, and repair the equipment in a manner that will yield maximal energy consumption reductions.

Appears in 1 contract

Samples: www.cityoflompoc.com

Ownership of Certain Proprietary Property Rights. The Customer shall not, by virtue of this Contract, acquire any interest in any formulas, patterns, devices, secret inventions or processes, copyrights, patents, other intellectual or proprietary rights, or similar items of property which are or may be used in connection with the equipmentEquipment. The ESCO XXX shall grant xxxxx to the Customer a perpetual, irrevocable royalty-free license for any and all software or other intellectual property rights necessary for the Customer to continue to operate, maintain, and repair the equipment Equipment in a manner that will yield maximal energy consumption reductions.

Appears in 1 contract

Samples: Engineered Savings Contract

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Ownership of Certain Proprietary Property Rights. The Customer shall not, by virtue of this Contract, acquire any interest in any formulas, patterns, devices, secret inventions or processes, copyrights, patents, other intellectual or proprietary rights, or similar items of property which are or may be used in connection with the equipment. The ESCO OpTerra ES shall grant to the Customer a perpetual, irrevocable royalty-free license for any and all software or other intellectual property rights necessary for the Customer to continue to operate, maintain, and repair the equipment in a manner that will yield maximal energy consumption reductions.

Appears in 1 contract

Samples: go.boarddocs.com

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