Common use of Intellectual and Industrial Property Rights Clause in Contracts

Intellectual and Industrial Property Rights. (a) Except to the extent expressly provided herein, each party shall continue to own its intellectual and industrial property rights without conferring any interests therein on the other party and neither the Supplier nor any third party shall acquire any right, title or interest in any intellectual or industrial property rights of any company within the ASSA ABLOY Group.

Intellectual and Industrial Property Rights. (a) Except to the extent expressly Unless otherwise provided hereinin this Agreement, each party shall continue to own its intellectual and industrial property rights without conferring any interests therein on to these rights to the other party and neither the Supplier nor any third party shall acquire any rightrights, title titles or interest benefits in respect of any intellectual or industrial property rights of any company within the ASSA ABLOY Group.