LOUISIANA-PACIFIC MARKS Sample Clauses

LOUISIANA-PACIFIC MARKS. Buyer acknowledges and agrees with Louisiana-Pacific that Louisiana-Pacific has the absolute and exclusive proprietary right to all names, marks, trade names, trademarks and corporate symbols and logos used by Louisiana-Pacific or its Affiliates (including Redwood, LLC), including those names, marks, trade names, trademarks and corporate symbols and logos incorporating "L-P," "Louisiana-Pacific" and "Yes We Can" (collectively, the "Louisiana-Pacific Marks"), all rights to which and the goodwill represented thereby and pertaining thereto are being retained by Louisiana-Pacific. Within 30 days after the Closing Date, Buyer shall and shall cause Buyer's Affiliates to cease using any Louisiana-Pacific Xxxx and remove from the assets, properties, stationary and literature of Buyer and Buyer's Affiliates any and all Louisiana-Pacific Marks; provided, however, that Buyer or its Affiliates shall be entitled to exhaust existing stocks of any office supplies located on the Real Property at Closing and any inventories among the Purchased Assets existing at Closing, so long as such inventories shall be sold within six months after the Closing Date. Thereafter, Buyer shall not, and shall cause Buyer's Affiliates not to, use any Louisiana-Pacific Xxxx in connection with the sale of any products or services or otherwise in the conduct of their business. In the event that Buyer breaches this Section 6.5, Louisiana-Pacific shall be entitled to specific performance of this Section 6.5 and to injunctive relief against further violations, as well as any other remedies at law or in equity available to Louisiana-Pacific.
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