‘Intellectual property’ is the legal phrase used to describe what you create (for example, an original song or an original brand would be intellectual property). ‘Intellectual Property Rights’ means all intellectual property rights of any kind which exist now or will exist in the future anywhere in the world are protected by copyright.
In the case of Gixon, except for the Gixon Licence we grant you in section 9.1 in our Terms of Use, we (or the Gixon Partners) own and will keep all intellectual property rights in Gixon, and no intellectual property rights are transferred or licensed in these Terms.