Common use of Ownership and Rights Clause in Contracts

Ownership and Rights. To the extent not contrary to applicable law, the parties agree not to challenge the ownership or validity of the Licensed Know-How. The receiving party's use of the Licensed Know-How is by license only and it shall not acquire or assert any rights of ownership therein.

Appears in 4 contracts

Sources: Master Trade Secret and Know How Agreement (Millipore Microelectronics Inc), Master Trade Secret and Know How Agreement (Millipore Corp /Ma), Master Trade Secret and Know How Agreement (Mykrolis Corp)