Ownership of the Contract Sample Clauses

Ownership of the Contract. The Contractholder is the owner of the Contract and is identified on the first page of the Contract. The Plan Sponsor and the Contractholder each have certain rights and privileges as set forth under the Contract. A GLWB Participant’s vested interest in his or her Account is nonforfeitable.
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Ownership of the Contract. 2.41 The Contract, including, but not limited to, the drawings and specifications, is the property of the County and is not to be used by the Contractor or any subcontractor on other projects outside the scope of the Work without the express written consent of the County.
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Ownership of the Contract. The Annuitant is the Owner unless we have accepted another designated Owner. During the Annuitant’s lifetime, all rights and privileges under this contract may be exercised solely by you. From time to time, we may require proof that the Annuitant is still living.
Sample 1
Ownership of the Contract. The Owner is the entity identified on the Contract Data Page who is entitled to exercise all of the benefits, rights and privileges under this Contract. The Owner of this Contract must be a directed trustee or directed custodian of the IRA. This Contract is established for the exclusive benefit of the IRA Owner and Beneficiaries. The Owner’s entire interest in this Contract shall be nonforfeitable. This Contract is also subject to the terms of the IRA. This Contract does not grant any rights or authority to the trustee or custodian of the IRA that contradict the terms of or that are not expressly set forth in the IRA agreement between the IRA Owner and the trustee or custodian.
Sample 1
Ownership of the Contract. The Owner is the entity identified on the Contract Data Page who is entitled to exercise all of the benefits, rights and privileges under this Contract. The Owner of this Contract must be a directed trustee or directed custodian of the XXX. This Contract is established for the exclusive benefit of the XXX Owner and Beneficiaries. The Owner’s entire interest in this Contract shall be nonforfeitable. This Contract is also subject to the terms of the XXX. This Contract does not grant any rights or authority to the trustee or custodian of the XXX that contradict the terms of or that are not expressly set forth in the XXX agreement between the XXX Owner and the trustee or custodian.
Sample 1
Ownership of the Contract. The Owner is the person identified on the Contract Data Page who is entitled to exercise all of the benefits, rights and privileges under the Contract. The Contract is established for the exclusive benefit of the Owner and Beneficiaries. The Owner’s entire interest in the Contract shall be nonforfeitable.
Sample 1
Ownership of the Contract. The Annuitant will at all times be the Owner of the Contract.
Sample 1
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Related to Ownership of the Contract

  • Ownership of the Company At all times while this Parent Guarantee Agreement is in effect and while any of the obligations of the Parent Guarantor hereunder remain outstanding, one hundred percent (100%) of the outstanding capital stock of the Company shall be owned by the Parent Guarantor.

  • Ownership of Seller Originator owns, directly or indirectly, 100% of the issued and outstanding capital stock of Seller, free and clear of any Adverse Claim. Such capital stock is validly issued, fully paid and nonassessable, and there are no options, warrants or other rights to acquire securities of Seller.

  • Ownership of Software The Parties acknowledge that any software provided by the Authority is and remains the property of the Authority.

  • Ownership of Content 4.1 All materials including paper based resources, and all materials displayed on the Site and the Apps, including without limitation all information, text, materials, graphics, software, tools, results derived from the use of software and tools, advertisements, names, logos and trade marks on the paper based version, the Site and the Apps (Content) are protected by copyright, trade mark and other intellectual property laws unless otherwise indicated.

  • Ownership of Equipment Any equipment purchased by or furnished to the Grantee by the State under this grant agreement is provided on a loan basis only and remains the property of the State.

  • Ownership of Technology As between the Parties, each Party shall own and retain all right, title, and interest in and to any and all Inventions and Information that are conceived, discovered, developed, or otherwise made solely by or on behalf of such Party (or its Affiliates or Sublicensees) under or in connection with this Agreement, whether or not patented or patentable, and any and all Patents and other intellectual property rights with respect thereto.

  • Ownership of Marks Each party acknowledges and agrees that (a) the other party's Marks are and shall remain the sole property of the other party, (b) nothing in the Agreement shall confer in a party any right of ownership or license rights in the other party's Marks, and (c) neither party shall register the other party's Marks in any jurisdiction. In addition, Licensee acknowledges and agrees that (i) the Marks of Third-Party Licensors are and shall remain the sole property of such Third- Party Licensors, (ii) nothing in the Agreement shall confer in Licensee any right of ownership or license rights in the Marks of Third-Party Licensors, and (iii) Licensee shall not register the Marks of Third-Party Licensors. Without limiting the generality of the foregoing, Licensee agrees not to use or adopt any trade name, trademark, logo or service mark which is so similar to Fannie Mae's Marks or the Marks of Third-Party Licensors as to be likely to cause deception or confusion, or which is graphically or phonetically similar to any of Fannie Mae's Marks or the Marks of Third-Party Licensors.

  • Ownership of the Borrower Except as set forth in the Partnership Agreement of the Borrower, the Borrower has no obligation to any Person to purchase, repurchase or issue any ownership interest in it.

  • Ownership of Documents The County has permanent ownership of all directly connected and derivative materials produced under this Contract by the Subrecipient. All documents, reports and other incidental or derivative work or materials furnished hereunder shall become and remains the sole property of the County and may be used by the County as it may require without additional cost to the County. None of the documents, reports and other incidental or derivative work or furnished materials shall be used by the Subrecipient without the express written consent of the County.

  • Ownership of Developments All copyrights, patents, trade secrets, or other intellectual property rights associated with any ideas, concepts, techniques, inventions, processes, or works of authorship developed or created by Executive during the course of performing work for the Company or its clients (collectively, the "Work Product") shall belong exclusively to the Company and shall, to the extent possible, be considered a work made by the Executive for hire for the Company within the meaning of Title 17 of the United States Code. To the extent the Work Product may not be considered work made by the Executive for hire for the Company, the Executive agrees to assign, and automatically assign at the time of creation of the Work Product, without any requirement of further consideration, any right, title, or interest the Executive may have in such Work Product. Upon the request of the Company, the Executive shall take such further actions, including execution and delivery of instruments of conveyance, as may be appropriate to give full and proper effect to such assignment.

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