Property and Intellectual Property. 15.1. All machinery, tools, drawings, specifications, raw materials and any other property or materials furnished to Supplier by or for OLEDWorks for use in the performance of the Agreement (the "Items"), shall be and remain the sole exclusive property of OLEDWorks. All machinery, tools, drawings, specifications, raw materials and any other property or materials whose ownership the Supplier is obliged to transfer to OLEDWorks shall at the time of payment and after manufacture become the sole exclusive property of OLEDWorks. If OLEDWorks’ property is processed to form a new item, any processing shall take place on behalf of OLEDWorks, and if Supplier acquires (co- )ownership by combining or mixing the goods, it hereby assigns that portion to OLEDWorks. The transfer of possession shall be replaced by Supplier safekeeping the items for OLEDWorks free of charge. OLEDWorks’ property shall not be furnished to any third party with- out OLEDWorks’ prior written consent, and all information with respect thereto shall be confidential and proprietary information of OLEDWorks. In addition, any and all of the foregoing items shall be used solely for the purpose of fulfilling orders from OLEDWorks, shall be marked as owned by OLEDWorks, shall be securely held at Supplier’s risk and expense, shall be kept in good condition and, if necessary, shall be replaced by Supplier at Supplier’s expense, shall be subject to periodic inventory check by Supplier as reasonably requested from time to time by OLEDWorks, and shall be returned promptly upon OLEDWorks’ first request. Items in replacement for OLEDWorks’ property shall become the sole exclusive property of OLEDWorks. Transfer of possession shall be replaced by Supplier safekeeping the items for OLEDWorks free of charge. If the Supplier places an order with a subcontractor – if approved by OLEDWorks – for the manufacture of tools, machinery or models for the execution of this Agreement, and OLEDWorks pays for the tools, machinery or models, then the Supplier shall assign to OLEDWorks his claim against the subcontractor for transfer of owner- ship in such tools, machinery or models. Except as otherwise expressly agreed in writing, Supplier agrees to furnish at its own expense all machinery, tools, and raw materials necessary to perform its obligations under the Agreement.
Property and Intellectual Property. The Data is the property of the Health Service. The Material is the property of the Health Service, except to the extent that property rights in the Material cannot be held by the Health Service, in which case that Material is under the custodianship of the Health Service. The Health Service: owns all Intellectual Property in the Material (excluding any Modification) and the Data; and will, subject to any Special Condition in Item B5 of Schedule 1 to the contrary, own all Intellectual Property in any Modification, and the Recipient (and its officers and employees) automatically assign the entire future Intellectual Property in all Modifications to the Health Service upon their creation. The Health Service grants the Recipient a royalty free, non-exclusive, non-transferable and non sub-licenseable (without the Health Service's prior consent) right to use the Material and Data for the Purpose on the terms and conditions of this agreement. The Recipient acknowledges that the Material and Data is or may be the subject of a patent or patent application. Except as provided in this agreement, the Recipient agrees that it has no express or implied licence or other right to any patents, patent applications, trade secrets or other proprietary rights of the Health Service. In particular, no express or implied licence or other right is provided to use the Material or Data for commercial purposes.
Property and Intellectual Property. All specifications, materials, equipment and parts furnished or paid for by the Company shall be and remain the exclusive property of the Company. Any document or material produced by the Seller in connection with this Agreement, together with the copyright, design rights or any other intellectual property rights in the document or material, shall be the exclusive property of the Company, and the Seller assigns with full title and guarantee to the Company all such copyright, design rights and other intellectual property for no further consideration, subject only to payment of the Price. The Seller, where required by the Company, shall execute such document or do such acts or things as may be required to perfect the assignment. This provision shall survive termination or completion of the Agreement.
Property and Intellectual Property. BYTOC owns, and has good and valid title to, all assets purported to be owned by it, including: (i) all assets reflected on the balance sheet except assets used, consumed or written off as obsolete since the date of its last balance sheet in the ordinary course of business consistent with past practice; (ii) all Intellectual Property (as defined in this section); and (iii) all other assets reflected in the books and records of BYTOC as being owned by BYTOC (together, the “BYTOC Assets”). The BYTOC Assets are owned by BYTOP free and clear of any liens or other Encumbrances (as defined below), except for any lien for current taxes not yet due and payable and minor liens that have arisen in the ordinary course of business and that do not materially detract from the value of the assets subject thereto or materially impair the operations of BYTOP. “Intellectual Property” shall mean sales methodologies and processes, training protocols and similar methods and processes, algorithms, APIs, apparatus, circuit designs and assemblies, gate arrays, net lists, test vectors, databases, data collections, diagrams, formulae, inventions (whether or not patentable), know-how, logos, marks (including brand names, product names, logos, and slogans), methods, network configurations and architectures, processes, proprietary information, protocols, schematics, specifications, software, software code (in any form, including source code and executable or object code), subroutines, techniques, user interfaces, URLs, web sites, works of authorship and other forms of technology (whether or not embodied in any tangible form and including all tangible embodiments of the foregoing, such as instruction manuals, laboratory notebooks, prototypes, samples, studies and summaries). “Encumbrances” shall mean any liens, pledges, hypothecations, charges, adverse claims, options, preferential arrangements or restrictions of any kind, including, without limitation, any restriction of the use, voting, transfer, receipt of income or other exercise of any attributes of ownership.
Property and Intellectual Property. 7.1 All equipment and resources provided by BMS both prior to and throughout the duration of the Program (including teaching manuals) remain the property of BMS and must be returned on completion of the Program unless otherwise specified by BMS.
Property and Intellectual Property. 7.1 All equipment and resources provided by Divemaster Internships both prior to and throughout the duration of the Program (including teaching manuals) remain the property of Divemaster Internships and must be returned on completion of the Program unless otherwise specified by Divemaster Internships.
