Common use of No License Granted Clause in Contracts

No License Granted. CI is and shall remain the sole property of Disclosing Party. Receiving Party recognizes and agrees that nothing contained in this Agreement shall be construed as granting any property rights, by license or otherwise, to any of Disclosing Party’s CI, or to any invention or any patent, copyright, trademark, or other intellectual property right that has issued or that may issue, based on such CI. Receiving Party shall not make, have made, use or sell for any purpose any product or other item using, incorporating or derived from any of Disclosing Party’s CI. Neither this Agreement nor the disclosure of any CI hereunder shall result in any obligation on the part of either Party to enter into any further agreement with the other, license any products or services to the other, or to require either Party to disclose any particular CI. Nothing in this Agreement creates or shall be deemed to create any employment, joint venture, or agency between the Parties.

Appears in 2 contracts

Samples: Mutual Nondisclosure Agreement, Mutual Nondisclosure Agreement

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No License Granted. CI is and shall remain the sole property of the Disclosing Party. Receiving Party recognizes and agrees that nothing contained in this Agreement shall be construed as granting any property rights, by license or otherwise, to any of the Disclosing Party’s CI, or to any invention or any patent, copyright, trademark, or other intellectual property right that has issued or that may issue, based on such CI. Receiving Party shall not make, have made, use or sell for any purpose any product or other item using, incorporating or derived from any of the Disclosing Party’s CI. Neither this Agreement nor the disclosure of any CI hereunder shall result in any obligation on the part of either Party to enter into any further agreement with the other, license any products or services to the otheragreements, or to require either the Disclosing Party to disclose any particular CI. Nothing in this Agreement creates or shall be deemed to create any employment, joint venture, or agency between the Parties.

Appears in 1 contract

Samples: Nondisclosure Agreement

No License Granted. CI is and shall remain the sole property of Disclosing Party. Receiving Party recognizes and agrees that nothing contained in this Agreement shall be construed as granting any property rights, by license or otherwise, to any of Disclosing Party’s CI, or to any invention or any patent, copyright, trademark, or other intellectual property right that has issued or that may issue, based on such CI. Receiving Party shall not make, have made, use or sell for any purpose any product or other item using, incorporating or derived from any of Disclosing Party’s CI. Neither this Agreement nor the disclosure of any CI hereunder shall result in any obligation on the part of either Party party to enter into any further agreement with the other, license any products or services to the other, or to require either Party party to disclose any particular CI. Nothing in this Agreement creates or shall be deemed to create any employment, joint venture, or agency between the Partiesparties.

Appears in 1 contract

Samples: Mutual Nondisclosure Agreement

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No License Granted. CI is and shall remain the sole property of Disclosing Party. Receiving Party recognizes and agrees that nothing contained in this Agreement shall be construed as granting any property rights, by license or otherwise, to any of Disclosing Party’s CI, or to any invention or any patent, copyright, trademark, or other intellectual property right that has issued or that may issue, based on such CI. Receiving Party shall not make, have made, use or sell for any purpose any product or other item using, incorporating or derived from any of Disclosing Party’s CI. Neither this Agreement nor the disclosure of any CI hereunder shall result in any obligation on the part of either Party party to enter into any further agreement with the other, license any products or services to the other, or to require either Party party to disclose any particular CI. Nothing in this Agreement creates or shall be deemed to create any employment, joint venture, or agency between the Partiesparties.

Appears in 1 contract

Samples: Mutual Nondisclosure Agreement

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