Common use of Ownership; Reservation of Rights Clause in Contracts

Ownership; Reservation of Rights. (a) All Products are licensed and not sold. Licensor reserves all rights not expressly granted herein. All ownership rights in and to the Software and Documentation (and all copies thereof) shall solely vest in and be the property of Licensor, and no implied license or right of any kind is granted to Licensee. Except as expressly provided herein, Licensee shall not and shall not allow third parties to reproduce, copy, market, sell, distribute, lease, transfer, translate, modify, adapt, disassemble, decompile or reverse engineer (except as allowed by law) the Software or Documentation. Licensee shall not pledge the Software or Documentation as collateral or otherwise, and shall not encumber such Software or Documentation with any lien or security interest.

Appears in 6 contracts

Samples: Master Software License Agreement, Master Software License Agreement, Master Software License Agreement

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Ownership; Reservation of Rights. (a) All Products Products/Software are licensed and not sold. Licensor reserves all rights not expressly granted herein. All ownership rights in and to the Software and Documentation (and all copies thereof) shall solely vest in and be the property of Licensor, and no implied license or right of any kind is granted to LicenseeGE. Except as expressly provided herein, Licensee shall not and GE shall not allow third parties to reproduce, copy, market, sell, distribute, lease, transfer, translate, modify, adapt, disassemble, decompile decompile, or reverse engineer (except as allowed by law) the Software or Documentation. Licensee GE shall not pledge the Software or Documentation as collateral or otherwise, and shall not encumber such Software or Documentation with any lien or security interest.

Appears in 3 contracts

Samples: usermanual.wiki, www.ge.com, www.ge.com

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