Common use of Title and Ownership Clause in Contracts

Title and Ownership. CMI warrants to Licensee that it owns and has all rights, title and interest in and to all intellectual property relating to SEVOCITY®, including any and all patents, patents pending, trade secrets, trademarks, copyrights, and all related applications therefor. CMI also warrants that it has all of the necessary licenses and authorizations to sublicense to Licensee any Third Party software which may be included in SEVOCITY®.