Common use of Exclusive Ownership of Information by Disclosing Party Clause in Contracts

Exclusive Ownership of Information by Disclosing Party. The Recipient agrees and acknowledges that all Confidential Information provided to it is and shall remain at all times the exclusive property of and owned by the Disclosing Party or its Representatives, as the case may be, and that the Recipient’s use or awareness of such Confidential Information shall create no rights, at law or in equity, in the Recipient in or to such information, or any aspect or embodiment thereof. Neither the execution of this Agreement, nor the furnishing of any Confidential Information hereunder, shall be construed as granting, whether expressly or by implication, estoppel or otherwise, any license to distribute or title to any patent, trademark, copyright, service xxxx, business and trade secret or other proprietary right to such Confidential Information, or to use such Confidential Information for any purpose other than as specified in this Agreement or to constitute a waiver of any attorney-client privilege or work product protection.

Appears in 4 contracts

Samples: International Claims Enforcement Agreement (Odyssey Marine Exploration Inc), International Claims Enforcement Agreement (Odyssey Marine Exploration Inc), International Claims Enforcement Agreement (Odyssey Marine Exploration Inc)

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Exclusive Ownership of Information by Disclosing Party. The Recipient agrees and acknowledges that all Confidential Information provided to it is and shall remain at all times the exclusive property of and owned by the Disclosing Party (or its RepresentativesAffiliates or contract counterparties, as the case may be), and that the Recipient’s use or awareness of such Confidential Information shall create no rights, at law or in equity, in the Recipient in or to such informationInformation, or any aspect or embodiment thereof. Neither the execution of this Agreement, nor the The furnishing of any Confidential Information hereunder, hereunder shall be construed as grantingnot constitute (a) a grant, whether expressly express or by implication, estoppel or otherwise, of any ownership interest in or license to distribute or title to of any patent, trademark, copyright, service xxxx, business and trade secret or other proprietary right to such Confidential Information, or of any right to use such Confidential Information for any purpose other than as specified in this Agreement or to constitute (b) a waiver of any attorney-client privilege or work product protection or any other applicable or available similar privilege or protection.

Appears in 2 contracts

Samples: Litigation Funding Agreement, Litigation Funding Agreement (Prism Technologies Group, Inc.)

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