No License of Intellectual Property Clause Samples
The "No License of Intellectual Property" clause establishes that the agreement does not grant any rights or licenses to use the intellectual property of either party. In practice, this means that even though the parties may be sharing information or working together, neither side is permitted to use, reproduce, or exploit the other’s patents, trademarks, copyrights, or trade secrets unless a separate agreement is made. This clause serves to protect each party’s intellectual property assets and prevents any unintended transfer of rights, ensuring that ownership and control remain clearly defined.
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No License of Intellectual Property. No license or grant of any intellectual property of any nature whatsoever, including any Branding or Content, or any data, business method, patents or applications thereof or similar material shall be deemed granted, licensed or otherwise from either Party (or any Affiliate thereof) to the other (or any Affiliate thereof) under this Agreement provided in the event of a successful Offering, ODB may use Issuer’s name and or current logo, to inform the general public of those certain clients ODB has provided Services to.
5.1 Either Party or any Affiliate thereof may disclose to the other or an Affiliate thereof (the recipient being the “Receiving Party”) certain technical or other business information that is not generally available to the public, the specific terms of this Agreement, and/or personal information relating to any person (specifically including in the case of ODB, information relating to an Investor). All such information is referred to herein as “Confidential Information”. Notwithstanding the foregoing, the Books and Records as they pertain to the Private Securities (and with the permission of the Investors with respect to any personally identifying information), will be made available to Issuer, and shall be Confidential Information as to ODB, and may only be used by Issuer in accordance with Law or as otherwise authorized by the Investor to whom the information pertains by affirmative or negative consent, as permitted.
5.2 The Receiving Party agrees to use Confidential Information solely in conjunction with its performance under this Agreement, in conducting an Offering, or as otherwise authorized by the Investor to whom the information pertains by affirmative or negative consent, as permitted, and not to disclose or otherwise use such information in any other fashion and to maintain such information with at least the standard of care it uses to protect its own Confidential Information, but in no event less than a reasonable standard of care.
5.3 The Receiving Party will not be required to keep confidential such Confidential Information to the extent that it: (a) becomes generally available without fault on its part; (b) is already rightfully in the Receiving Party’s possession prior to its receipt from the disclosing Party; (c) is independently developed by the Receiving Party;
No License of Intellectual Property. No license or grant of any intellectual property of any nature whatsoever, including any Branding or Content, or any data, business method, patents or applications thereof or similar material shall be deemed granted, licensed or otherwise from either Party (or any Affiliate thereof) to the other (or any Affiliate thereof) under this Agreement provided in the event of a successful Offering, ODB may use Issuer’s name and or current logo, to inform the general public of those certain clients ODB has provided Services to.
No License of Intellectual Property. No license or grant of any intellectual property of any nature whatsoever, including any Branding or Content, or any data, business method, patents or applications thereof or similar material shall be deemed granted, licensed or otherwise from either Party (or any Affiliate thereof) to the other (or any Affiliate thereof) under this Agreement.
No License of Intellectual Property. No license or grant of any intellectual property of any nature whatsoever, including any Branding or Content, or any data, business method, patents or applications thereof or similar material shall be deemed granted, licensed or otherwise from either Party (or any Affiliate thereof) to the other (or any Affiliate thereof) under this Agreement provided in the event of a successful Offering, ODB may use Issuer’s name and or current logo, to inform the general public of those certain clients ODB has provided Services to, provided any use outside of “fair use” shall require Issuer’s consent, which may be provided, limited or retracted with respect to any such use.
No License of Intellectual Property. (a) Nothing herein shall be construed to grant HighwayMaster any license, express or implied, under any patents, copyrights, or trademarks of GTE or any of its Affiliates or any improvements, modifications or improvements thereto, except as may be necessary for HighwayMaster's performance of its obligations under this Agreement and its Client's use of Services provided pursuant to this Agreement, and then only for the term of this Agreement. GTE agrees, however, to indemnify and hold harmless HighwayMaster from any and all claims, losses, damages, causes of action, costs (including reasonable attorneys fees) or expenses incurred by HighwayMaster as a result of any claim or action brought by a third party arising out of or resulting from the use of any software or hardware provided by GTE to HighwayMaster or used by GTE in connection with the Services provided pursuant to this Agreement. This indemnity shall not extend to any use of such software or hardware other than when used in connection with the Services under this Agreement; modifications to such software or hardware made by or for HighwayMaster; combinations of such Software and/or hardware with other software, hardware or functionality not provided by GTE; or compliance with HighwayMaster provided specifications. The foregoing indemnity shall not extend to any technical assistance given by GTE in the course of performing this Agreement because this Agreement does not encompass or contemplate such technical assistance.
(b) Nothing herein shall be construed to grant GTE any license, express or implied, under any patents, copyrights, or trademarks of HighwayMaster or any of its Affiliates or any improvements, modifications or improvements thereto, except as may be necessary for GTE's performance of its obligations under this Agreement, and then only for the term of this Agreement. HighwayMaster agrees, however, to indemnify and hold harmless GTE from any and all claims, losses, damages, causes of action, costs (including reasonable attorneys fees) or expenses incurred by GTE as a result of any claim or action brought by a third party arising out of or resulting from the use of any software or hardware provided by HighwayMaster to GTE or used by HighwayMaster or Clients in connection with this Agreement. This indemnity shall not extend to: any use of such software or hardware other than when used in connection with the Services under this Agreement; modifications to such software or hardware made by or...
No License of Intellectual Property. This Agreement does not include a grant by NHRA of any license or rights to exploit, commercialize, reproduce, or use the names and likenesses or trade or service marks or intellectual property of NHRA and/or any individuals, participants or other persons or organizations, including without limitation any interview subjects (collectively, the “Intellectual Property”), and Company shall not exploit, commercialize, reproduce or use any such Intellectual Property. Company shall be solely responsible for obtaining any such licenses or rights directly from the affected persons or organizations and shall provide NHRA with written confirmation of such grant of rights if requested to do so by NHRA.