Operator Property Sample Clauses
The Operator Property clause defines the rights and responsibilities of the operator regarding property used in the course of operations. Typically, this clause clarifies whether the operator owns, leases, or is otherwise permitted to use certain equipment, facilities, or intellectual property necessary for performing its duties. For example, it may specify that the operator is responsible for maintaining equipment or that any improvements made to the property remain with the owner. The core function of this clause is to establish clear boundaries and expectations about property use, ownership, and maintenance, thereby preventing disputes over property rights during and after the term of the agreement.
Operator Property. Nothing contained in this Agreement or any prior agreement between the Parties shall be construed as transferring any of the IP Rights in Touchpoint Software or Touchpoint Solution to Customer or any of its Users or Subscribers. Any and all IP Rights that may exist in Touchpoint Software (including workarounds, bug-fixes, update and upgrade versions, enhancements and adaptations made thereto) and or Further Developments shall be and remain being in the exclusive ownership of Operator, and Customer will not acquire any of such rights but will be entitled to use Touchpoint Software under the Agreement in accordance with the terms and conditions set forth in this Agreement. All copies of Touchpoint Software and supporting documentation in Customer’s possession shall remain the exclusive property of Operator and shall be deemed to be on loan to Customer during the term of this Agreement.
Operator Property. Title to all property owned by Operator and furnished to NextG shall remain in Operator. Any property owned by Operator and in NextG’s possession or control shall be used only in the performance of the work unless authorized in writing by Operator. NextG shall adequately protect such property, and shall deliver or return to Operator or otherwise dispose of it as directed by Operator.
Operator Property. 12.1 The Operator shall lease to the Mine Owner the Operator Property for the purposes of Operations in accordance with the Mine Owner DFA and the relevant Lease Agreement.
12.2 Upon the title of each Operator Property being transferred from the Operator to the Mine Owner in accordance with the Mine Owner DFA and the relevant Lease Agreement, such Operator Property shall form part of the Mine Owner Property.
Operator Property. A true, correct and accurate list of all Excluded Operator Property and Excluded Branded Property is set forth on Schedule 5.1(s) attached hereto.