Common use of OWNERSHIP IN INTELLECTUAL PROPERTY Clause in Contracts

OWNERSHIP IN INTELLECTUAL PROPERTY. Each party recognizes that it has no right, title, or interest, proprietary or otherwise, in the intellectual property owned or licensed by the other party, unless otherwise agreed upon by both parties in writing.

OWNERSHIP IN INTELLECTUAL PROPERTY. Each party recognizes Parties each recognize that it each has no right, title, or interest, proprietary or otherwise, in the intellectual property owned or licensed by the other partyother, unless otherwise agreed upon by both parties the Parties in writing.