Acknowledgement of Ownership a. Licensee acknowledges the great value of the goodwill associated with the Licensed Xxxx and the ownership of the Licensed Xxxx by Licensor. Licensee agrees that nothing in this Agreement shall give Licensee any right, title, or interest in or to the Licensed Xxxx other than the rights granted the Licensee in accordance with this Agreement. Licensee further acknowledges that all goodwill arising from the ownership and use of the Licensed Xxxx (as distinguished from any enhancement of value to Licensee’s business arising from the license granted hereunder) shall inure exclusively to the benefit of Licensor. All artwork, designs, stylized logotypes or other presentation materials whatsoever including the Licensed Xxxx or any elements thereof, and all copies and extracts thereof shall, notwithstanding their invention or use by Licensee, be and remain the sole property of Licensor. Nothing in this Agreement shall be construed to prevent Licensor from granting any other licenses for the use of the Licensed Xxxx or from utilizing the Licensed Xxxx, or any variation thereof, in any manner whatsoever.
Acknowledgement of Ownership. As between the parties, SCUSA acknowledges Chrysler’s exclusive ownership of the Chrysler Marks and the validity thereof. Any and all use of the Chrysler Marks by SCUSA shall inure to the benefit of Chrysler. SCUSA shall not (i) represent in any manner that it has any ownership rights in the Chrysler Marks; (ii) attack the validity of any Chrysler Xxxx; (iii) claim adversely to any right or interest of Chrysler in and to the Chrysler Marks or any trademarks confusingly similar to the Chrysler Marks or assist any third party in doing so; (iv) register or attempt to register any trademark or domain name incorporating any Chrysler Xxxx; (v) sublicense any Chrysler Xxxx; or (vi) initiate any legal proceeding or take any other action in connection with the defense of any Chrysler Xxxx.
Acknowledgement of Ownership. Seller acknowledges Xxxxx’s ownership of all right, title, and interest67 in and to the Licensed Intellectual Property worldwide. Seller shall not acquire and shall not claim any rights in or title to the Licensed Intellectual Property adverse to Buyer by virtue of this License Agreement. If at any xxxx Xxxxxx acquires any rights in, Intellectual Property applications or registrations for, or domain names incorporating any of, the Licensed Intellectual Property, upon Buyer’s request and at no expense to Buyer, Seller shall assign all of Seller’s acquired rights, applications, registrations, or domain names to Buyer. Seller’s use of the Licensed Intellectual Property inures to the benefit of Buyer. Seller is estopped from challenging the validity of the Licensed Intellectual Property or asserting any claim to the Licensed Intellectual Property adverse to Buyer.
Acknowledgement of Ownership. Each licensee hereunder: (1) acknowledges and stipulates that the licensor's licensed marks are valid and enforceable trademarks and/or service marks; and that such licensee does not own the licensor's licensed marks and claims no rights therein other than as a licensee under this Agreement; (2) agrees never to contend otherwise in legal proceedings or in other circumstances; and (3) acknowledges and agrees that the use of the licensor's licensed marks pursuant to this grant of license shall inure to the benefit of the licensor.
Acknowledgement of Ownership. AMCI hereby acknowledges and agrees that VDI and its licensors own, hold and/or retain all Intellectual Property Rights in or related to the Technology, Network, System, Products and Services and including, without limitation, all improvements and modifications thereto. It is expressly agreed and understood by the Parties, that nothing in this Agreement shall be construed as granting AMCI any rights whatsoever to modify and/or develop improvements to the Technology, Network, System, Products and/or Services.
Acknowledgement of Ownership. Licensee acknowledges that Board and its Affiliates are the owners of the Marks throughout the world. Any goodwill derived from the use by Licensee of the Marks will inure to the benefit of Board. If Licensee acquires any rights in any of the Marks, by operation of law, or otherwise, such rights will be deemed and are hereby irrevocably assigned to Board without further action by any of the parties. Licensee agrees not to dispute or challenge or assist any Person in disputing or challenging Board's rights in and to any of the Marks or the validity of any of the Marks.
Acknowledgement of Ownership. Acadis is a commercial-off-the-shelf (COTS) software product developed by, and the sole intellectual property of, Contractor. The Contractor shall retain all title, copyright, patent and other proprietary rights to all Proprietary Material and to all copies thereof. Any enhancements, modifications, improvements, derivations, extensions, links or other changes to the Licensed Software Programs and Documentation, whether made by or shared with the Client will be the exclusive property of Contractor and shall be subject to the terms and conditions of this Agreement. The Parties agree that, for purposes of this Agreement, the Licensed Software Programs shall be construed as “restricted computer software” as such term is defined in FAR 52.227-14.
Acknowledgement of Ownership. Prior to the Effective Date of this Agreement, Flextronics performed certain design services for Customer with respect to the Product. Flextronics hereby confirms that the designs and other information and items made or conceived by Flextronics during the course of performing such design services and incorporated into the deliverables (the “Developments”) and the intellectual property rights in the Developments were assigned to Customer as its sole and exclusive property, subject to any third party intellectual property rights incorporated into such deliverables. Flextronics makes and hereby agrees to make all assignments necessary to accomplish the foregoing ownership, and will execute all documents and otherwise assist Customer (at Customer’s expense) to further evidence, record and perfect such assignments, and to perfect, obtain, maintain, enforce, and defend any rights assigned. Customer acknowledges and agrees that the deliverables (including any prototype or trial units of the Product) were provided on an “as-is” basis and that Flextronics made no representations and no warranties on such design services or the deliverables or products based on or incorporating any deliverables, express, implied, statutory or otherwise.
Acknowledgement of Ownership. This is another essential clause in a trademark license and another reason for a mark owner to ensure a trademark license agreement is prepared for any third-party users of its mark. This clause “documents” and establishes a paper trail that the licensor is the owner of the mark and the licensee’s use of the mark is merely as a licensee which means that by operation of law, the licensee’s use of the mark inures to the benefit of, and is considered a use of, the licensor. Absent this license agreement, the third party user of the mark could claim its use of the mark is creating its own rights in the mark; it could create evidence of use of the mark sufficient for the licensee to register the mark; and the licensor, true mark owner might be hard-pressed to prove the licensee is not the owner of the mark.
Acknowledgement of Ownership. Licensee acknowledges that H-D U.S.A., LLC is the sole and exclusive owner of all right, title and interest in and to the Licensed Marks and any rights related thereto. Any and all goodwill arising from Licensee’s use of the Licensed Marks, including any derivative marks, shall inure solely to the benefit of Licensor. Licensee agrees that, upon the expiration or termination of this Agreement, all goodwill in the Licensed Marks that may be held by Licensee notwithstanding the foregoing hereby is assigned to Licensor, without the need for any further action by any person. Licensee agrees that nothing in this Agreement shall give Licensee any right, title, or interest in the Licensed Marks other than the right to use the Licensed Marks in accordance with this Agreement.
