Common use of Domain Name Clause in Contracts

Domain Name. 4.1.a) Seller is the registrant listed in the records of the Registrar as the sole owner of the registration of the Domain Name. 4.1.b) Seller has not used any fraud, misrepresentation, or otherwise made any false statement in the process of registration and maintenance of the registration of the Domain Name on or in connection with the transaction underlying this Agreement. 4.1.c) No fees are owing to the Registrar or any other government agency or other entity or party with regard to the registration of the Domain Name. Seller represents and warrants that all registration fees to the Registrar are current and shall remain so through the Closing. Furthermore, Seller represents and warrants that it shall deliver under this Agreement all of Seller’s right, title and interest in the Domain Name, free and clear of all “Liens”, as defined in Section 4.8. 4.1.d) Seller has not licensed or otherwise allowed or enabled the use of the Domain Name to any other person or entity, or granted any right with respect to the Domain Name to any other person or entity, that may, in any manner, whether currently or in the future, restrict, impede or adversely affect Buyer’s rights therein. 4.1.e) Other than one trademark application filed with the U.S. Patent and Trademark Office which was rejected and is no longer valid, Seller has not obtained or filed an application to register a trademark with the US Patent and Trademark Office or other agency (domestic or foreign) of the Domain Name or any other xxxx confusingly similar to the Domain Name. 4.1.f) To the best of Seller’s knowledge, the ownership of registration of the Domain Name, and use and operation of the Domain Name, do not infringe upon the trademark or other Trade Rights of any third party.

Appears in 4 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Intersearch Group Inc), Asset Purchase Agreement (Banks.com, Inc.)

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