Ownership of Licensed Material Clause Samples
The "Ownership of Licensed Material" clause establishes who retains legal ownership rights over materials that are being licensed under an agreement. Typically, this clause clarifies that the original creator or licensor maintains ownership of the intellectual property, while the licensee is granted specific rights to use the material as defined in the contract. For example, a software developer may license their program to a company, but the developer still owns the software itself. This clause is essential for preventing misunderstandings about intellectual property rights and ensuring that the licensee does not claim ownership over the licensed material.
Ownership of Licensed Material. As between the parties, at all times the Licensor retains title to, and ownership of all copyright, intellectual property rights and distribution rights with respect to the Licensed Material, and all copies, portions, derivatives thereof or modifications thereto. Intellectual property rights include the look and feel of the Software. This Agreement constitutes a license for use only and is not in any way a transfer of ownership rights to the Software. The Licensor reserves all rights not expressly granted hereunder.
Ownership of Licensed Material. Nothing in this agreement in any way transfers the ownership of the Licensed Material.
Ownership of Licensed Material. Nothing in this Licence Agreement in any way transfers the ownership of the Intellectual Property rights in the Licensed Material.