Common use of OWNERSHIP IN INTELLECTUAL PROPERTY Clause in Contracts

OWNERSHIP IN INTELLECTUAL PROPERTY. DTS and Contractor each recognizes that it has no right, title, or interest, proprietary or otherwise, in or to the name or any logo, or intellectual property owned or licensed by the other. DTS and Contractor each agree that, without prior written consent of the other or as described in this Contract, it shall not use the name, any logo, or intellectual property owned or licensed by the other.