Common use of Omitted Trademarks Clause in Contracts

Omitted Trademarks. If either Party discovers or determines in good faith, within eighteen (18) months after the Effective Date, that any trademarks or trademark applications that should have been assigned or licensed to such Party pursuant to this Agreement were not so assigned or licensed as of the Effective Date (such trademark or trademark application, a “Potentially Omitted Trademark”), then such Party may provide the other Party with a written request describing the Potentially Omitted Trademark(s) and an explanation (with a reasonable level of detail) as to why such Potentially Omitted Trademark(s) should have been assigned or licensed to such Party. Each Party agrees to consider any such request received from the other Party in a timely manner, and if such first Party agrees in good faith that such Potentially Omitted Trademark(s) should be assigned or licensed to the other Party, then such first Party shall, within a reasonable time, assign to, or grant a license under, such Potentially Omitted Trademark(s) to the other Party as such first Party deems appropriate in its reasonable good faith judgment.

Appears in 4 contracts

Samples: Trademark Assignment and License Agreement (Donnelley Financial Solutions, Inc.), Trademark Assignment and License Agreement (RR Donnelley & Sons Co), Trademark Assignment and License Agreement (LSC Communications, Inc.)

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Omitted Trademarks. If either Party discovers or determines in good faith, within eighteen (18) months after the Effective LSC Distribution Date, that any trademarks or trademark applications that should have been assigned or licensed to such Party pursuant to this Agreement were not so assigned or licensed as of the Effective LSC Distribution Date (such trademark or trademark application, a “Potentially Omitted Trademark”), then such Party may provide the other Party with a written request describing the Potentially Omitted Trademark(s) and an explanation (with a reasonable level of detail) as to why such Potentially Omitted Trademark(s) should have been assigned or licensed to such Party. Each Party agrees to consider any such request received from the other Party in a timely manner, and if such first Party agrees in good faith that such Potentially Omitted Trademark(s) should be assigned or licensed to the other Party, then such first Party shall, within a reasonable time, assign to, or grant a license under, such Potentially Omitted Trademark(s) to the other Party as such first Party deems appropriate in its reasonable good faith judgment.

Appears in 2 contracts

Samples: Trademark Assignment and License Agreement (LSC Communications, Inc.), Trademark Assignment and License Agreement (LSC Communications, Inc.)

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Omitted Trademarks. If either Party discovers or determines in good faith, within eighteen (18) months after the Effective Donnelley Financial Distribution Date, that any trademarks or trademark applications that should have been assigned or licensed to such Party pursuant to this Agreement were not so assigned or licensed as of the Effective Donnelley Financial Distribution Date (such trademark or trademark application, a “Potentially Omitted Trademark”), then such Party may provide the other Party with a written request describing the Potentially Omitted Trademark(s) and an explanation (with a reasonable level of detail) as to why such Potentially Omitted Trademark(s) should have been assigned or licensed to such Party. Each Party agrees to consider any such request received from the other Party in a timely manner, and if such first Party agrees in good faith that such Potentially Omitted Trademark(s) should be assigned or licensed to the other Party, then such first Party shall, within a reasonable time, assign to, or grant a license under, such Potentially Omitted Trademark(s) to the other Party as such first Party deems appropriate in its reasonable good faith judgment.

Appears in 1 contract

Samples: Trademark Assignment and License Agreement (Donnelley Financial Solutions, Inc.)

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