Property of Purchaser Sample Clauses

Property of Purchaser. All written or electronic materials, records, data, and other documents prepared or possessed by Seller during and in the course of Seller's ownership of the Partnership Interest or Seller's employment with the Partnership are the property of USPT, Purchaser or the Partnership. All information, ideas, concepts, improvements, discoveries, and inventions that are conceived, made, developed, or acquired by Seller individually or in conjunction with others during Seller's ownership of the Partnership Interest or Seller's employment with the Partnership (whether during business hours and whether on the Partnership's premises or otherwise) are the sole and exclusive property of Purchaser. All memoranda, notes, records, files, correspondence, drawings, manuals, models, specifications, computer programs, maps, and all other documents, data, or materials of any type embodying such information, ideas, concepts, improvements, discoveries, and inventions are the property of USPT, Purchaser or the Purchaser, as applicable.
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Property of Purchaser. Employee hereby grants and assigns to Purchaser (without additional compensation) his entire right, title and interest under applicable laws in and to all inventions, patents, patent applications, research, information, customer lists, all other technical and research data, made, conceived, developed and/or acquired by him solely or jointly with others during the period of his employment by Purchaser, but only to the extent the foregoing pertains to the business of Purchaser.
Property of Purchaser. Unless otherwise agreed in writing, all tooling, dies, special dies, patterns, patents, jigs, gauges, fixtures, drawings, designs, samples, tooling aids, molds and/or any other property that is paid for by Purchaser and/or furnished to Seller by Purchaser and/or made available to Seller by Purchaser for use by Seller in producing any goods or parts covered by any purchase order (the “tooling”) is the property of Purchaser or its customer and shall (i) be used exclusively for the benefit of Purchaser; (ii) be used only in filling purchase orders; (iii) remain and be conspicuously identified as Purchaser’s property; (iv) be segregated from the property of Seller and others; (v) be removed only upon Purchaser’s instructions; (vi) be held at Seller’s risk and insured at its expense in a replacement cost amount with loss payable to Purchaser (evidence of insurance to be furnished upon request); (vii) be subject to inspection and removal by Purchaser at any time and for any reason whatsoever; and (viii) be maintained in good condition, at Seller’s expense, and not be modified without Purchaser’s prior written consent. Seller shall bear the risk of loss of, and damage to, the tooling, normal wear and tear excepted. Seller grants to Purchaser a purchase money security interest in the tooling, any portion thereof, work in progress, raw materials, drawings and other items dedicated to constructing the tooling, and agrees to perform any act and execute any document reasonably necessary to perfect the Purchaser’s security interest in the tooling.
Property of Purchaser. Subject to Clause 12.3 below, the Supplier acknowledges that the copyright, design right or other intellectual property right arising from or in connection with the Packaging provided by or on behalf of the Purchaser will be the property of the Purchaser, and agrees that all Packaging whether provided by the Purchaser or the Supplier under the Agreement will be used by the Supplier in the manner and for the purposes only of exercising its rights and performing its obligations under the Agreement.

Related to Property of Purchaser

  • Rights of Purchaser The Capital Securities shall be offered and sold by the Trust directly to the Purchaser without registration of any of the Capital Securities, the Debentures or the Guarantee under the Securities Act of 1933, as amended (the "Securities Act"), or any other applicable securities laws in reliance upon exemptions from the registration requirements of the Securities Act and other applicable securities laws. The Offerors agree that this Agreement shall be incorporated by reference into the Subscription Agreement and the Purchaser shall be entitled to each of the benefits of the Placement Agents and the Purchaser under this Agreement and shall be entitled to enforce obligations of the Offerors under this Agreement as fully as if the Purchaser were a party to this Agreement. The Offerors and the Placement Agents have entered into this Agreement to set forth their understanding as to their relationship and their respective rights, duties and obligations.

  • Condition of Purchased Assets All of the tangible property included in the Purchased Assets is in good operating condition and repair, ordinary wear and tear excepted, and in the state of maintenance, repair and operating condition required for the proper operation and use thereof in the ordinary and usual course of business by Seller.

  • Sufficiency of Purchased Assets The Purchased Assets include all right, title and interest of Seller in and to all assets, properties and rights of Seller or necessary for or used in the operation of Seller's business, other than the Excluded Assets.

  • Authority of Purchaser Purchaser has the power and authority (corporate or similar) to execute and deliver this Agreement, to consummate the transactions contemplated hereby and to comply with the terms, conditions and provisions hereof. The execution, delivery and performance of this Agreement by Purchaser has been duly authorized and approved by Purchaser and does not require any further authorization or consent of Purchaser or its beneficial owners. This Agreement is the legal, valid and binding agreement of Purchaser, enforceable against Purchaser in accordance with its terms.

  • Transfer of Purchased Assets At each exercise of the Asset Purchase Option by Party A:

  • Nature of Purchaser Such Purchaser represents and warrants to, and covenants and agrees with, the Partnership that, (a) it is an “accredited investor” within the meaning of Rule 501 of Regulation D promulgated by the Commission pursuant to the Securities Act and (b) by reason of its business and financial experience it has such knowledge, sophistication and experience in making similar investments and in business and financial matters generally so as to be capable of evaluating the merits and risks of the prospective investment in the Purchased Units, is able to bear the economic risk of such investment and, at the present time, would be able to afford a complete loss of such investment.

  • Status of Purchaser The Purchaser is a corporation duly incorporated, validly existing and in good standing and has the power and capacity to enter into this Agreement and carry out its terms; and

  • Organization of Purchaser The Purchaser is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, with full corporate power and corporate authority to own, lease and operate its properties and to carry on its business in the manner in which such business is now being conducted, to own the Stock being acquired in the Acquisition pursuant to this Agreement and to enter into and perform its obligations under this Agreement.

  • Experience of Purchaser Purchaser, either alone or together with its representatives, has such knowledge, sophistication and experience in business and financial matters so as to be capable of evaluating the merits and risks of the prospective investment in the Securities, and has so evaluated the merits and risks of such investment. Purchaser is able to bear the economic risk of an investment in the Securities and, at the present time, is able to afford a complete loss of such investment.

  • Closing Deliveries of Purchaser At the Closing, Purchaser shall deliver to Seller:

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