Owned Trademarks Sample Clauses

Owned Trademarks. Each Party has the right to use any Trademark it Controls for Licensed Products in its Territory at its sole discretion, and each Party and its Affiliates will retain all right, title, and interest in and to its and their respective corporate names and logos.

Owned Trademarks. (a) The Seller or its Affiliates have the authority to sell, transfer and assign all of Seller's or its Affiliate's rights, title, and interest in and to the Owned Trademarks. The Seller has not been notified about any pending or threatened adverse claim, judgment, injunction, order, decree or agreement restricting its use of the Owned Trademarks in connection with the Products or the sale of the Owned Trademarks or of any pending or, to the Seller's knowledge, threatened litigation. (b) Schedule 2.1(a)(ii) lists all of the Owned Trademarks. Except as set forth in Schedule 2.1(a)(ii), the Seller or its Affiliates have good and, in the United States and Canada, valid title to the Owned Trademarks, and the goodwill associated therewith, free and clear of all liens and encumbrances. As of the date hereof, the Seller has not received notice claiming that any Owned Trademark infringes upon the rights of any Person. (c) To the Seller's knowledge, except pursuant to the third party Distribution Agreements or existing manufacturing agreements: (i) no other Person has a right to use the Owned Trademarks; and (ii) except as set forth in Schedule 2.1(a)(ii), no other Person is manufacturing, selling or distributing any product or service which infringes any of the Owned Trademarks.