MARKS AND PATENTS Clause Samples
The "Marks and Patents" clause defines the rights and responsibilities of the parties regarding trademarks, service marks, and patents associated with the agreement. Typically, this clause clarifies which party owns existing intellectual property, how new inventions or marks developed during the relationship will be handled, and any permissions or restrictions on use. For example, it may specify that one party retains ownership of its registered trademarks, while the other is granted a limited license to use them for specific purposes. The core function of this clause is to prevent disputes over intellectual property by clearly allocating ownership and usage rights, thereby protecting the value of proprietary marks and inventions.
MARKS AND PATENTS. (a) CLIENT acknowledges that "OneSoft(TM)" and all other Software Product names are or include trademarks, and/or service marks, and are the intellectual property of the ONESOFT. Unless otherwise agreed in writing, nothing herein shall be deemed to authorize the CLIENT to use any pending and/or existing name, trademark and/or service ▇▇▇▇ of ONESOFT.
(b) CLIENT acknowledges that any underlying technology, know-how, or process used in the design, development, programming, or coding of ONESOFT's Software, Software Products, Tools, or Objects, is the intellectual property of ONESOFT, and certain of the same are protected by Patents or Patents Pending.
MARKS AND PATENTS. (a) CLIENT acknowledges that "OneSoft(TM)" and all other Software Product names are or include trademarks, and/or service marks, and are the intellectual property of the ONESOFT. Unless otherwise agreed in writing, nothing herein shall be deemed to authorize the CLIENT to use any pending and/or existing name, trademark and/or service ▇▇▇▇ of ONESOFT.
MARKS AND PATENTS. The CONTRACTOR guarantees to the COMPANY the usage of the marks or tradenames and patents for the equipment, materials and elements it is obliged to supply. The CONTRACTOR shall defend at its own expense any suit against the COMPANY by reason of the misuse of the marks or tradenames and patents, and shall pay all fines and expenses derived thereto. If, as a result of these actions, the COMPANY is legally or administratively compelled to stop using one or more of the property herein mentioned, the CONTRACTOR must:
MARKS AND PATENTS. (a) Each ▇▇▇▇ and each Patent that currently is registered or applied for in the United States Patent and Trademark Office or other similar office in any foreign jurisdiction and owned by the Company or a Company Subsidiary is identified in Schedule 3.15(a) (the "Scheduled Marks and Patents"). All Scheduled Marks and Patents are valid and subsisting except where the failure to be so valid and subsisting, individually or in the aggregate, would not reasonably be expected to have a Company Material Adverse Effect. Other than as set forth in Schedule 3.15(a), the Company and the Company Subsidiaries own or license all Marks and Patents used in connection with the Company's business.
(b) Except as set forth on Schedule 3.15(b) or as would not reasonably be expected to have a Company Material Adverse Effect, there are no Liens or lawsuits, whether pending or, to the best of the Company's knowledge, threatened, involving or against any of the Scheduled Marks and Patents. To the best knowledge of the Company and the Company Subsidiaries, there are no Marks or Patents that infringe on the Scheduled Marks and Patents or third party claims against the Scheduled Marks and Patents which would, individually or in the aggregate, reasonably be expected to have a Company Material Adverse Effect.
MARKS AND PATENTS. The CONTRACTOR guarantees to the COMPANY the usage of the marks or tradenames and patents for the equipment, materials and elements it is obliged to supply. The CONTRACTOR shall defend at its own expense any suit against the COMPANY by reason of the misuse of the marks or tradenames and patents, and shall pay all fines and expenses derived thereto. If, as a result of these actions, the COMPANY is legally or administratively compelled to stop using one or more of the property herein mentioned, the CONTRACTOR must: (a) guarantee, as possible, payment for the damages to the third party claiming infringement, in such way that the COMPANY may keep using the property on a continuous basis.