Acknowledgments and Covenants of Licensee. Each Licensee acknowledges that, as between the Parties, Licensor is the exclusive owner of all right, title, and interest in the Licensor Marks. As between the Parties, all right, title and interest in and to the Licensor Marks shall at all times be vested exclusively in Licensor. All of each Licensee’s rights under and in connection with this Agreement are as stated in this Agreement, and nothing in this Agreement shall be construed to grant any implied rights whatsoever to any Licensee. All use of the Licensor Marks by each Licensee and its sublicensees shall inure to the benefit of Licensor. Any goodwill in the Licensor Marks that each Licensee or its sublicensees may acquire by its use of such Marks shall be exclusively owned by Licensor, and each Licensee hereby assigns to Licensor, and undertakes and agrees at the request of Licensor to execute all instruments and do all acts deemed necessary by Licensor to vest exclusively in Licensor, all such goodwill.
Appears in 5 contracts
Samples: Credit Agreement (Dex Media, Inc.), Credit Agreement (Dex Media, Inc.), Loan Agreement (Supermedia Inc.)
