Common use of Events on Termination Clause in Contracts

Events on Termination. (i) Upon any termination or expiration of any licenses or sublicenses for Marks granted under this Agreement: (A) where FNF is the Granting Party, FNT shall, and shall cause its applicable sublicensees to, promptly cease all use of the applicable Marks; provided that in the event of such termination by reason of a Change in Control pursuant to Section 10(b), FNF shall provide written notice to FNT of the termination of all licenses and sublicenses of Marks hereunder, with such termination to be effective at the end of a transition period of one (1) year from the date of such notice, and upon such termination, FNT shall have ceased and shall have caused its sublicensees to cease, all use of the applicable Marks; and (B) where FNT is the Granting Party, FNF shall, and shall cause its applicable sublicensees, to promptly cease, all use of the applicable Marks. (ii) The termination of licenses and sublicenses of Patents and Copyrights pursuant to Section 10(c) shall be effective at the end of a transition period of one (1) year from the date that the former member of a Licensee Party Group ceased to be a member of the Licensee Party Group, and upon such termination, the Licensee Party shall have caused the former member of the Licensee Party Group to cease all use of the Patents and Copyrights.

Appears in 2 contracts

Samples: Intellectual Property Cross License Agreement (Fidelity National Title Group, Inc.), Intellectual Property Cross License Agreement (Fidelity National Title Group, Inc.)

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Events on Termination. (i) Upon any termination or expiration of any licenses or sublicenses for Marks granted under this Agreement: (A) where FNF is the Granting Party, FNT FNIS shall, and shall cause its applicable sublicensees to, promptly cease all use of the applicable Marks; provided that in the event of such termination by reason of a Change change in Control control pursuant to Section 10(b), FNF shall provide written notice to FNT FNIS of the termination of all licenses and sublicenses of Marks hereunder, with such termination to be effective at the end of a transition period of one (1) year from the date of such notice, and upon such termination, FNT FNIS shall have ceased and shall have caused its sublicensees to cease, all use of the applicable Marks; and (B) where FNT FNIS is the Granting Party, FNF shall, and shall cause its applicable sublicensees, to promptly cease, all use of the applicable Marks. (ii) The termination of licenses and sublicenses of Patents and Copyrights pursuant to Section 10(c) shall be effective at the end of a transition period of one (1) year from the date that the former member of a Licensee Party Group ceased to be a member of the Licensee Party Group, and upon such termination, the Licensee Party shall have caused the former member of the Licensee Party Group to cease all use of the Patents and Copyrights.

Appears in 1 contract

Samples: Intellectual Property Cross License Agreement (Fidelity National Information Services, Inc.)

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Events on Termination. (i) Upon any termination or expiration of any licenses or sublicenses for Marks granted under this Agreement: (A) where FNF is the Granting Party, FNT FIS shall, and shall cause its applicable sublicensees to, promptly cease all use of the applicable Marks; provided that in the event of such termination by reason of a Change change in Control control pursuant to Section 10(b), FNF shall provide written notice to FNT FIS of the termination of all licenses and sublicenses of Marks hereunder, with such termination to be effective at the end of a transition period of one (1) year from the date of such notice, and upon such termination, FNT FIS shall have ceased and shall have caused its sublicensees to cease, all use of the applicable Marks; and (B) where FNT FIS is the Granting Party, FNF shall, and shall cause its applicable sublicensees, to promptly cease, all use of the applicable Marks. (ii) The termination of licenses and sublicenses of Patents and Copyrights pursuant to Section 10(c) shall be effective at the end of a transition period of one (1) year from the date that the former member of a Licensee Party Group ceased to be a member of the Licensee Party Group, and upon such termination, the Licensee Party shall have caused the former member of the Licensee Party Group to cease all use of the Patents and Copyrights.

Appears in 1 contract

Samples: Intellectual Property Cross License Agreement (Fidelity National Information Services, Inc.)

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