Licensee's Agreements, Representations and Warranties Sample Clauses

Licensee's Agreements, Representations and Warranties. 5.1.1 Licensee acknowledges and agrees that neither Licensee nor any parent, subsidiary or affiliate of Licensee shall (i) do any act which may in any way impair the rights of Licensor in and to the Licensed Marks, (ii) acquire or claim any right, title or interest in or to the Licensed Marks by virtue of the license granted to Licensee hereunder or as a result of Licensee’s use of the Licensed Marks as contemplated hereby, or (iii) in any way challenge the validity of the Licensed Marks or Licensor’s ownership thereof.
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