Philips' Ownership Clause Samples

The 'Philips' Ownership' clause establishes that all rights, title, and interest in certain assets, materials, or intellectual property remain with Philips. Typically, this clause applies to proprietary technology, documentation, or products provided by Philips during a business relationship, ensuring that the recipient does not gain ownership or unauthorized rights to these items. Its core function is to protect Philips' proprietary interests and prevent unintended transfer of ownership, thereby safeguarding the company's intellectual property and business assets.
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Philips' Ownership. Philips retains exclusive ownership of all Proprietary Rights in any Technology, proprietary to Philips, which is incorporated into Personal TV Systems. TiVo shall take reasonable measures to protect Philips' Proprietary Rights in such Technology, including giving of such assistance and measures as are reasonably requested by Philips from time to time. Except as expressly granted in the Agreement, TiVo is not granted any rights or licenses with respect to Philips' Proprietary Rights in the Philips Technology. Philips shall remain the sole and exclusive owner of all of the Philips-owned features and functionality of the Philips' Value-added Services and related hardware components, including all of Philips' Proprietary Rights in the design, architecture and software implementation thereof. No licenses or rights with respect to the Value-added Service or related hardware components are granted in the Agreement.
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Philips' Ownership. Philips warrants that it is the owner of all rights, title, and interest in the Philips Patents-in-Suit, Philips [**] Patents and Philips [**] Patent. [**] Designates information that has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
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Related to Philips' Ownership

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

  • 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.

  • Customer Ownership Customer retains all right, title and interest in and to all Customer Data. Customer is responsible for the acquisition, accuracy and legality of Customer Data. These Terms do not grant PROS any ownership rights to Customer Data.

  • 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).

  • Property Ownership Except as set forth in the Registration Statement and the Prospectus or in the SEC Documents and except as would not reasonably be expected to result in, individually or in the aggregate, a Material Adverse Effect, (i) each of the Company and its Subsidiaries owns its property and assets free and clear of all Liens, except such Liens which arise in the ordinary course of business and do not impair its ownership or use of such property or assets, and (ii) with respect to the property and assets it leases, if any, each of the Company and its Subsidiaries is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any Liens except as set forth under the terms of the lease.