Ownership of the Product. All Intellectual Property evidenced by or embodied in and/or related to the Marks and the Product and/or any derivative work thereof or invention relating thereto, shall be owned solely by the Company. The Company has not been determined to be infringing any patents or similar rights with respect to the Products. The Agent acknowledges that except for the right of use expressly provided hereunder in connection with the marketing and selling the Product or any units of the Product, the Company does not convey any Intellectual Property to the Agent hereunder, and that the Agent has not, does not, and shall not acquire any intellectual property rights with respect to the Product, and/or any invention relating thereto.
Ownership of the Product passes to the Buyer upon the Seller receiving payment in full of the Price and all other amounts due to the Seller from the Buyer from time to time.
Ownership of the Product. 8.1 Once an active ingredient such as cannabis oil has been incorporated into the Strip, the Licensee shall own the resultant Product, therein, and any IP thereto save and except for the Product's Trade-Marks as defined in 1.1.35.
Ownership of the Product. The parties respective rights in and to the ------------------------ Product will be as set forth in the Software Development Agreement and the Information Services Agreement of even date herewith, and nothing contained in this Agreement shall be deemed to modify such rights allocation.
Ownership of the Product. The product remains the property of the vendor throughout the hire period.
Ownership of the Product and all its constituent parts, and the Intellectual Property Rights therein, is not transferred to the Customer.
Ownership of the Product. Confidentiality. Friendly's is the owner of the Product, or is otherwise authorized to make available to Franchisee the Product, and warrants that it has full and complete authority to enter into this Agreement with Franchisee. Franchisee acknowledges that the Product is a valuable trade secret of Friendly's, the author or the owner of the Product. Friendly's, the author or the owner of the Product developed the Product through the expenditure of substantial time, effort and money. Friendly's, the author and the owner of the Product wish to, and Franchisee agrees to, maintain in strict confidence and withhold from disclosure to unauthorized persons any data or information concerning the Product. Franchisee hereby agrees that the Product and any information, knowledge and factual data related to the Product which may be imparted to the Franchisee by Friendly's, the author or the owner of the Product at any time, or from time to time, will not be copied (except one back-up copy of the Product is permitted) or communicated to any third party, except for information required by employees of the Franchisee for use only in performing their duties on behalf of Franchisee and which is to be retained in confidence by such employees. This Agreement creates in the Franchisee a license to obtain and utilize the Product for the limited purposes provided herein, but confers no right, title or interest in or to the Product, which title shall continue to vest solely in Friendly's, the author or owner of the Product.
Ownership of the Product. Licensee acknowledges that title to the Software, Application and all related documentation, and all applicable rights in patents, copyrights, trademarks, trade secrets and any other intellectual property rights in the Software, Application and related documentation shall remain in Allegro. Licensee acquires no ownership of the Software, Application or Confidential Information from this Agreement and no right to use the Software or such Confidential Information beyond the term of this Agreement. Licensee acquires no right to copy the Software, Application or Confidential Information, prepare derivative works or participate in development, manufacturing, marketing, and maintenance of the Software, Application or Confidential Information, except as expressly authorized under this Agreement.
Ownership of the Product. Miramar represents that it has all rights in and to the Product as are necessary to market and license the Product and to modify the Product to develop the Modified Product. Nothing in this Agreement is intended to constitute a license or other transfer of any interest in the Product by Miramar to Previo, nor does this Agreement confer unto Previo any right to license or transfer any rights in the Product or any copy of the Product.
Ownership of the Product. Schedule 9.3 hereto sets forth a true, correct and complete list of all claims, liabilities, liens, pledges, charges, encumbrances and equities of any kind affecting the Product (collectively, the "ENCUMBRANCES") as of the Effective Date. The Licensor is the true and lawful owner of the Product. The Licensor covenants that from the date hereof and until the earlier of the completion of Licensee's [*] , that the Licensor shall not create or allow or suffer to be created any Encumbrances.
