Common use of NO RIGHT IN LICENSEE Clause in Contracts

NO RIGHT IN LICENSEE. Except for the right to use the Trademarks as specifically provided for in this Agreement, (i) Licensee shall have no right, title or interest in or to the Trademarks, and (ii) upon and after the termination of this Agreement, all rights granted to Licensee hereunder, together with any interest in and to the Trademarks that Licensee may acquire, shall forthwith and without further act or instrument be assigned to and revert to the Licensor. In addition, Licensee shall execute any instruments requested by Licensor to accomplish or confirm the foregoing. Any such assignment, transfer or conveyance shall be without consideration other than the mutual agreements contained herein. 21.5

Appears in 6 contracts

Samples: Trademarks License Agreement Agreement (Newtech Corp), Trademarks License Agreement Agreement (Newtech Corp), Trademarks License Agreement Agreement (Newtech Corp)

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NO RIGHT IN LICENSEE. Except for the right to use the Trademarks Trademark as specifically provided for in this Agreement, (i) Licensee shall have no right, title or interest in or to the TrademarksTrademark, and (ii) upon and after the termination of this Agreement, all rights granted to Licensee hereunder, together with any interest in and to the Trademarks Trademark that Licensee may acquire, shall forthwith and without further act or instrument be assigned to and revert to the Licensor. In addition, Licensee shall execute any instruments requested by Licensor to accomplish or confirm the foregoing. Any such assignment, transfer or conveyance shall be without consideration other than the mutual agreements contained herein. 21.5.

Appears in 2 contracts

Samples: Trademark License Agreement (Newtech Corp), Trademark License Agreement (Newtech Corp)

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NO RIGHT IN LICENSEE. Except for the right to use the Trademarks Trademark as specifically provided for in this Agreement, (i) Licensee shall have no right, title or interest in or to the Trademarks, Trademark; and (ii) upon and after the termination of this Agreement, all rights granted to Licensee hereunder, together with any interest in and to the Trademarks Trademark that Licensee may acquire, shall forthwith and without further act or instrument be assigned to and revert to the Licensor. In addition, Licensee shall execute any instruments requested by Licensor to accomplish or confirm the foregoing. Any such assignment, transfer or conveyance shall be without consideration other than the mutual agreements contained herein. 21.5.

Appears in 2 contracts

Samples: License Agreement (Salton Maxim Housewares Inc), License Agreement (Salton Maxim Housewares Inc)

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