Common use of Grant of License; Territory Clause in Contracts

Grant of License; Territory. a. Upon the terms and conditions hereinafter set forth, Licensor hereby grants to Licensee, for the period specified in Section 5 hereof, a non-exclusive, royalty-free, limited and nontransferable license to use the Licensed Xxxx solely for the purpose of identifying and promoting the REIT Operations worldwide. In addition, each person or entity directly or indirectly controlled by Licensee on or after the Effective Date, either through the ownership of voting securities or otherwise (each such person or entity a “Licensee Subsidiary”), shall have all of the rights granted to Licensee in this Section 1(a), but only during such period that such person or entity is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise. Any reference in this Agreement to use of the Licensed Xxxx by or other actions of Licensee shall be deemed to include use of the Licensed Xxxx by or other actions of any Licensee Subsidiary during such period that such Licensee Subsidiary is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise.

Grant of License; Territory. a. Upon the terms and conditions hereinafter set forth, Licensor hereby grants to Licensee, for the period specified in Section 5 hereof, a non-exclusive, royalty-free, limited and nontransferable license to use the Licensed Xxxx Marks solely for the purpose of identifying and promoting the REIT Operations worldwide. In addition, each person or entity directly or indirectly controlled by Licensee on or after the Effective Date, either through the ownership of voting securities or otherwise (each such person or entity a “Licensee Subsidiary”), shall have all of the rights granted to Licensee in this Section 1(a), but only during such the period that such the person or entity is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise. Any reference in this Agreement to use of the Licensed Xxxx Marks by or other actions of Licensee shall be deemed to include use of the Licensed Xxxx Marks by or other actions of any Licensee Subsidiary during such the period that such the Licensee Subsidiary is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise.

Grant of License; Territory. a. Upon On the terms and subject to the conditions hereinafter set forthof this Agreement, Licensor hereby grants to Licensee, for the period specified in Section 5 hereof, a non-exclusive, royalty-free, limited and nontransferable license to use the Licensed Xxxx in the United States solely for the purpose of identifying and promoting the REIT Operations worldwideand as a part of Licensee’s corporate name. In addition, each person or entity directly or indirectly controlled by Licensee on or after the Effective Date, either through the ownership of voting securities or otherwise (each such person or entity a “Licensee Subsidiary”), shall have all of the rights granted to Licensee in this Section 1(a), but only during such period that such person or entity is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise. Any reference in this Agreement to use of the Licensed Xxxx by or other actions of Licensee shall be deemed to include use of the Licensed Xxxx by or other actions of any Licensee Subsidiary during such period that such Licensee Subsidiary is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise. Licensee shall be responsible and liable for ensuring that each Licensee Subsidiary complies with the terms and conditions of this Agreement. All restrictions and obligations of Licensee hereunder shall also apply to each Licensee Subsidiary, and Licensee shall cause each Licensee Subsidiary to comply with the foregoing.

Grant of License; Territory. a. Upon the terms and conditions hereinafter set forth, Licensor hereby grants to Licensee, for the period specified in Section 5 hereof, a non-exclusive, royalty-free, limited and nontransferable license to use the Licensed Xxxx solely for the purpose of identifying and promoting the REIT Operations worldwide. In addition, each person or entity directly or indirectly controlled by Licensee on or after the Effective Date, either through the ownership of voting securities or otherwise (each such person or entity a “Licensee Subsidiary”), shall have all of the rights granted to Licensee in this Section 1(a), but only during such the period that such the person or entity is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise. Any reference in this Agreement to use of the Licensed Xxxx by or other actions of Licensee shall be deemed to include use of the Licensed Xxxx by or other actions of any Licensee Subsidiary during such the period that such the Licensee Subsidiary is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise.

Grant of License; Territory. a. Upon the terms and conditions hereinafter set forth, Licensor hereby grants to Licensee, for the period specified in Section 5 hereof, a non-exclusive, royalty-free, limited and nontransferable license to use the Licensed Xxxx solely for the purpose of identifying and promoting the REIT Operations worldwide. In addition, each person or entity directly or indirectly controlled by Licensee on or after the Effective Date, either through the ownership of voting securities or otherwise (each such person or entity a “Licensee Subsidiary”), shall have all of the rights granted to Licensee in this Section 1(a), but only during such period that such person or entity is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise. Any reference in this Agreement to use of the Licensed Xxxx by or other actions of Licensee shall be deemed to include use of the Licensed Xxxx by or other actions of any Licensee Subsidiary during such period that such Licensee Subsidiary is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise.

Grant of License; Territory. a. Upon the terms and conditions hereinafter set forth, Licensor hereby grants to Licensee, for the period specified in Section 5 hereof, a non-exclusive, royalty-free, limited and nontransferable license to use the Licensed Xxxx solely for the purpose of identifying and promoting the REIT Operations worldwide. In addition, each person or entity directly or indirectly controlled by Licensee on or after the Effective Date, either through the ownership of voting securities or otherwise (each such person or entity a “Licensee Subsidiary”), shall have all of the rights granted to Licensee in this Section 1(a), but only during such the period that such the person or entity is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise. Any reference in this Agreement to use of the Licensed Xxxx by or other actions of Licensee shall be deemed to include use of the Licensed Xxxx by or other actions of any Licensee Subsidiary during such the period that such the Licensee Subsidiary is directly or indirectly controlled by Licensee, either through the ownership of voting securities or otherwise.