Interest in Licensed Marks Clause Samples
Interest in Licensed Marks. MPC acknowledges that it has no interest in the Licensed Marks other than the limited license granted under this Agreement and that Gateway will remain the sole and exclusive owner of all right, title and interest in and to the Licensed Marks. MPC agrees that Licensee’s use of the Licensed Marks and any goodwill associated in the Licensed Marks resulting from Licensee’s use will inure solely to the benefit of Gateway and will not create any right, title or interest of Licensee in the Licensed Marks. If MPC uses, registers or applies to register any ▇▇▇▇ in violation of its obligations under this Agreement, MPC agrees, upon Licensor’s request, immediately to cease the use of that ▇▇▇▇ and to assign to Gateway all Licensee’s rights in that ▇▇▇▇, including any application or registration for that ▇▇▇▇.
Interest in Licensed Marks. Licensees agree that the Licensed Marks are proprietary to Licensor and nothing in this Agreement constitutes the grant of a general license for their use; rather, they may only be used in accordance with the terms and conditions of this Agreement and the Directory Services License Agreement. Licensor represents and warrants that (i) it owns all right, title and interest (including the goodwill) in and to the Licensed Marks and (ii) the execution and performance of this Agreement by Licensor will not breach any other agreement or license relating to the Licensed Marks. In accepting this Agreement, Licensees acknowledge Licensor’s ownership of the Licensed Marks, the goodwill connected with them. Licensees acquire no right, title, or interest in the Licensed Marks or the goodwill associated with the Licensed Marks due to their use of the Licensed Marks, other than the right to use the Licensed Marks in accordance with the terms and conditions of this Agreement and the Directory Services License Agreement. Use of the Licensed Marks by Licensees and their Affiliates inures to the benefit of Licensor or its Affiliates. Neither Licensees nor their Affiliates will attack the Licensed Marks in any manner whatsoever nor assist anyone in attacking the Licensed Marks.