No Use of Inspirato Trademarks. The term “Inspirato” and the Inspirato trademark design (the “Inspirato Marks”) are service marks and registered trademarks of Inspirato. Purchaser acknowledges such ownership and covenants and agrees that Purchaser shall not use the Inspirato Marks without the prior written permission of Inspirato. In no event shall the Association or Purchaser have any right, title or interest in the Inspirato Marks or in any licensing arrangement between Inspirato and Seller. Purchaser acknowledges the foregoing and agrees (i) that it acquires no rights in or to the Inspirato Marks, (b) not to use the Inspirato Marks or any portion of the Inspirato Marks in any reference to the Unit, such as, but not limited to, any marketing, advertising or placement of the Unit on a website for the purposes of rental or sale solicitation, and (c) not to form, create or utilize (or attempt to form, create or utilize) in connection with the Unit or Project, or any other real estate or hospitality project or venture, any entity whose name utilizes all or any portion of the Inspirato Marks.
Appears in 6 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement
