Sole Property Clause Samples
The Sole Property clause establishes that certain intellectual property, materials, or inventions created under an agreement will be owned exclusively by one party, typically the party commissioning the work or providing the resources. In practice, this means that any work product, designs, or developments resulting from the contract are the sole property of the designated owner, and the other party has no claim to ownership or use beyond what is expressly permitted. This clause is essential for clarifying ownership rights, preventing future disputes, and ensuring that the party investing in the creation or development retains full control over the resulting assets.
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Sole Property. Once WFBCI has purchased an Account, the payment from the Account Debtor as to that Account is the sole property of WFBCI.
Sole Property. Once WFBC has purchased an Account, any and all payments from the Account Debtor as to that Account are the sole property of WFBC.
Sole Property. Upon the purchase of an Account by PURCHASER, the Account and all payments on said Account shall be the sole property of PURCHASER. Any interference by CLIENT with this payment may result in civil and/or criminal liability.
Sole Property. All existing LRX intellectual property (including all aspects of 15-AU), and all intellectual property developed solely by or on behalf of LRX independent from activities pursuant to this Agreement (which must be independently verifiable), shall be and remain the sole and exclusive property of LRX. All existing MiniMed intellectual property (including all aspects of the MiniMed Products), and all intellectual property developed solely by or on behalf of MiniMed independent from activities undertaken pursuant to this Agreement (which must be independently verifiable), shall be and remain the sole and exclusive property of MiniMed.
Sole Property. Once Prestige has purchased the Accounts, the payment from account debtors relative to the Accounts is the sole property of Prestige. Any interference by Seller with this payment will result in civil and/or criminal liability.
Sole Property. OINC CD’s and Distance Learning courses, as well as material presented during live classes, are the sole, copyrighted property of ▇▇. ▇▇▇▇▇▇ and OINC. CD material and Distance Learning courses may only be accessed and privately used by the purchaser, and no copies may be made. Students who record lectures during live classes may only use those recordings for their own learning and may not distribute or share them with others. OINC offers limited scholarship assistance for students with verifiable financial hardship. Requests must be made 30 days or more in advance of the class start date to be considered. Contact OINC for more information on how to apply. Live classes may be held at various venues in the San Francisco Bay area. All student accommodations, food, miscellaneous, and travel expenses are the student’s responsibility. Some facilities do not allow food to be brought onto the premises, and some require that students purchase lunch from the venue’s own catering service. Please pay attention to specifics given in each Welcome Letter, sent prior to each training date. By enrolling in any OINC live class, you grant ▇▇. ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and The Orgonomic Institute of Northern California (OINC) the right and permission to edit, publish, distribute, sell, and otherwise use any visual/audio images and recordings of you without prior inspection or notice to you. Recordings may include group discussions in which you may have participated. This permission will be in effect indefinitely unless you withdraw it in writing to ▇▇. ▇▇▇▇▇▇, and then that withdrawal will only pertain to images and recordings subsequent to the date of your withdrawal of permission. You waive any right to royalties or other compensation arising from or related to the use of these visual/audio images and recordings.
Sole Property. The Design is the sole property of the Licensor and no lien, mortgage, security interest or other encumbrance against the Design exists.
Sole Property. Each of the Parties agrees that all Confidential Information that it receives from the other Parties and/or its Affiliates in connection with the Products is the sole property of the disclosing Party and shall be used by it only in accordance with the terms and provisions of this Agreement.
Sole Property. Once Riviera has purchased an Account, the Account is the sole and exclusive property of Riviera. Client shall make proper entries on its books and records disclosing the absolute sale of the Account to Riviera.
Sole Property. The Parties agree that, where Arising IP and any resulting Patent Right shall be and become the sole property of the relevant Party as set out in Sections 6.3. and 6.4. above, said Party shall have the right to determine whether any application for a patent or other intellectual property right shall be made and shall have the exclusive benefit throughout the world thereof, together with the right to maintain, defend, assign or abandon such intellectual property rights without reference to any other person.