PROPERTY OF THE PARTIES Sample Clauses

PROPERTY OF THE PARTIES. All Confidential Information disclosed pursuant to this Agreement shall be and remain the property of the Disclosing Party. Nothing in this Agreement shall be construed as granting or conferring any rights whatsoever (including without limitation any intellectual property rights), whether expressly, impliedly or otherwise, in respect of the Confidential Information to the Receiving Party.
Sample 1Sample 2Sample 3See All (10)
AutoNDA by SimpleDocs
PROPERTY OF THE PARTIES. The Parties confirm that the present Agreement does not break the existing rights of property to the equipment, materials and communication services and other property of the Parties as well as the copyright and the allied rights to the appropriate objects.
Sample 1Sample 2Sample 3
PROPERTY OF THE PARTIES. 3.1 The disclosure of Confidential Information shall not be construed as conferring on or granting to the Receiving Party any rights in any Confidential Information, other than the limited right to use the Confidential Information only as permitted by this Agreement. 3.2 Subject to Clause 3.1, nothing in this Agreement shall be construed as granting expressly or by implication during the duration of this Agreement or thereafter, any transfer, assignment, license or any other rights in respect of any license, patent, copyright or any other industrial or intellectual property right in force and belonging to the Disclosing Party which rights shall remain vested in and the absolute property of the Disclosing Party. The Receiving Party shall not under any circumstances file any trade xxxx, copyright, design, patent or other applications or registrations of ownership on any of the Disclosing Party’s Confidential Information, nor shall it procure any other party to do so. In the event the Receiving Party does so in breach of this Agreement, without prejudice to the rights of the Disclosing Party under this Agreement, the Receiving Party shall forthwith assign absolutely to the Disclosing Party such applications or registrations without any cost to the Disclosing Party. This Clause 3.2 shall survive any expiry of termination of this Agreement without limit in time.
Sample 1
PROPERTY OF THE PARTIES. All information, notes, analyses, compilations, studies, specifications, drawings or other documents produced, developed or compiled by the Receiving Party and/ or its Representatives from the Confidential Information disclosed by the Disclosing Party (the Derivatives) shall be deemed to be Confidential Information as provided in Clauses 1 and the obligations in this Agreement in relation to Confidential Information shall apply to the Receiving Party in respect of the Derivatives.
Sample 1
PROPERTY OF THE PARTIES. Upon termination: (i) each Party shall promptly return to the other Party all papers, materials and other properties of the other held for purposes of this Agreement; and (ii) each Party shall assist the other Party in the orderly termination of this Agreement so as to ensure, to the greatest extent possible, for the orderly, non-disrupted shutdown of the Nasdaq Application, subject to Section 19.
Sample 1
PROPERTY OF THE PARTIES 
Sample 1Sample 2Sample 3See All (4)

Related to PROPERTY OF THE PARTIES

  • Property of Others Unless otherwise specifically stated in the contract, the Insurer is not liable for loss or damage to property owned by any person other than the Insured, unless the interest of the Insured therein is stated in the contract.

  • IDENTITY OF THE PROPERTY 11.1 The Purchaser shall admit the identity of the Property with that described in the Proclamation of Sale and such other documents offered by the Assignee/Bank as the title to the Property by a comparison of the description in the Proclamation of Sale and the aforesaid documents. 11.2 Any error, misstatement, omission or misdescription of the Property in the Proclamation of Sale and the documents referred to in paragraph 11.1 above shall not annul the sale, nor shall any compensation be allowed therefor.

  • Property All of the Borrower’s, the other Obligors’ and their respective Subsidiaries’ properties are in good repair and condition, subject to ordinary wear and tear, other than (x) with respect to deferred maintenance existing as of the date of acquisition of such property as permitted in this Section, and (y) where the failure of the properties of any Subsidiary of the Borrower or any Subsidiary of an Obligor to be in good repair and condition has not had or could not be reasonably expected to have a Material Adverse Effect on either the Borrower or the REIT Guarantor. The Borrower has completed or caused to be completed an appropriate investigation of the environmental condition of each Property as of the later of the date of the Borrower’s, the Obligors’ or the applicable Subsidiary’s purchase thereof or the date upon which such property was last security for Indebtedness of such Persons, including preparation of a “Phase I” report and, if appropriate, a “Phase II” report, in each case prepared by a recognized environmental engineer in accordance with customary standards which discloses that such property is not in violation of the representations and covenants set forth in this Agreement, unless such violation has been disclosed in writing to the Agent and remediation actions satisfactory to Agent are being taken. There are no unpaid or outstanding real estate or other taxes or assessments on or against any property of the Borrower, the other Obligors or their respective Subsidiaries which are delinquent. Except as set forth in Schedule 6.1(ee) hereto, there are no pending eminent domain proceedings against any property of the Borrower, the other Obligors or their respective Subsidiaries or any part thereof, and, to the knowledge of the Borrower, no such proceedings are presently threatened or contemplated by any taking authority which, in all such events, individually or in the aggregate have had or could reasonably be expected to have a Material Adverse Effect. None of the property of the Borrower, the other Obligors or their respective Subsidiaries is now damaged or injured as a result of any fire, explosion, accident, flood or other casualty in any manner which individually or in the aggregate has had or could reasonably be expected to have any Material Adverse Effect.

  • Responsibility of the Parties 5.1. The Parties undertake to indemnify each other for any damage (loss) caused by their partial or complete non-performance or improper performance of the Agreement, and the indemnification of damage (loss) does not relieve the Parties from the performance/payment of their obligations under the Agreement. 5.2. In addition, the Customer shall be liable for any damage (loss) caused to the Bank by its partial or complete non-performance or improper performance of the Agreement. Inter alia, unless the Bank decides otherwise, in the event of a breach of the term specified in the Section 3.3.4. of Annex N1 to the Collection Agreement, Bank is entitled to charge the Custumer with additional amount of the respective Interest (as the damage (loss) inflicted) for the period of breach of the term or the Bank shall be entitled to repay the above obligations not later than 14 (fourteen) calendar days after the written application. Indemnification of the damage (loss) does not release the Customer from the performance/payment of the obligations under the Agreement. 5.3. Without prejudice to the provisions of Sections 5.1. and 5.2. of Annex N1 to the Collection Agreement, in order to ensure full and proper performance of the Customer’s obligations under the Agreement, and, respectively, to secure the Bank’s rights and claims, the Customer hereby expressly gives its prior consent that the Bank is fully authorized to: 5.3.1. In the case of several debt arrears, determine the sequence and order of payments of 5.3.2. Block any Account of the Customer without acceptance in the amount of the payment due and in accordance with its applicable rules until any payment under the Agreement is fully and duly covered; 5.3.3. Write off without acceptance all payments due from the any Account of the Customer, and if the payment and the amount available on the Account are in different currencies, the Bank itself can perform conversion at the commercial rate of exchange applicable at the Bank on the date of payment or at the rate of exchange agreed with the Customer (if any), and write off also the conversion cost without acceptance from the Account, and channel the converted amount to cover the appropriate payments. 5.4. During the period of Force Majeure, the Bank shall not be liable for complete or partial nonfulfillment or improper fulfillment of its obligations under the Agreement. 5.5. In the event of Force Majeure, the Parties shall be guided by ICC Uniform Rules.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!