Common use of Software Ownership Clause in Contracts

Software Ownership. Licensor represents and warrants that it is the sole owner (or is an authorized licensee) of the Software and Source Code and all portions thereof and that it has the right to modify same and to grant Licensee the Software and Source Code License and that Licensee shall have no obligation or liability toward any third parties for the exercise of the License and that Licensee's use of the Software and Source Code will not infringe any third party rights in any patent, copyright, trade secret or other proprietary right.

Software Ownership. Licensor warrants and represents and warrants that it is the sole owner (or is an authorized licensee) of the Software and Source Code and all portions thereof and that it has the right to modify same and to grant Licensee the Software and Source Code License and that Licensee shall have no obligation or liability toward any third parties a license for the exercise of the License and that Licensee's use of the Software and Source Code will not infringe any third party rights in any patent, copyright, trade secret or other proprietary rightits use.