Licensed Not Sold Sample Clauses
The "Licensed Not Sold" clause establishes that the recipient is granted permission to use certain intellectual property, such as software or digital content, but does not gain ownership of it. In practice, this means the user receives a license with specific rights and restrictions, such as limits on copying, modifying, or redistributing the material. This clause is essential for protecting the licensor's ownership rights and clarifying that the user cannot treat the licensed material as their own property, thereby preventing unauthorized use or transfer.
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Licensed Not Sold. The Software is protected by copyright and other intellectual property laws and treaties. Copies of the Software provided to Customer (or Users) pursuant to the Agreement are licensed, not sold, and neither Customer nor any User receives any title to or ownership of any copy of the Software itself.
Licensed Not Sold. Licensee acknowledges and agrees that the SOFTWARE and Documentation have been licensed to Licensee pursuant to the terms and conditions of this Agreement and that neither the SOFTWARE nor Documentation has been sold to Licensee.
Licensed Not Sold. Copies of the Software provided to Customer pursuant to the Agreement are licensed, not sold, and Customer receives no title to or ownership of any copy of the Software itself. Furthermore, Customer receives no rights to the Software other than those specifically granted in Section 2.2.1 (License) above.
Licensed Not Sold. Copies of the Licensed Software provided to MSP pursuant to the Agreement are licensed, not sold, and MSP receives no title to or ownership of any copy of the Licensed Software itself. Furthermore, MSP receives no rights to the Licensed Software other than those specifically granted in Section 2.2.1 (License) above.
Licensed Not Sold. Any Software is licensed, not sold, to Client by CIDEON for use only under the terms of this Agreement, and CIDEON reserves any rights not expressly granted to Client.