Common use of Ownership and Goodwill Clause in Contracts

Ownership and Goodwill. Licensee acknowledges that, as between Licensor and Licensee, Licensor's affiliate is the sole and exclusive owner of rights in the Licensed Marks and the Licensed Domain Names, undertakes not to challenge the validity of the Licensed Marks or the Licensed Domain Names, or Licensor's registration and ownership of the Licensed Marks and the Licensed Domain Names, and agrees that it will do nothing inconsistent with such ownership, except as expressly authorized pursuant to Sections 5 and 6 below. Licensee further acknowledges and agrees that all use of the Licensed Marks and the Licensed Domain Names by Licensee and all goodwill developed therefrom shall inure to the benefit of and be on behalf of Licensor's affiliate who is the owner of the Licensed Marks and the Licensed Domain Names. Licensee agrees that nothing in this Agreement shall give Licensee any right, title or interest in or to the Licensed Marks and the Licensed Domain names other than the right to use the Licensed Marks and the Licensed Domain Names in the manner contemplated by this Agreement, and only for so long as this Agreement is in force.

Ownership and Goodwill. Licensee acknowledges that, as between Licensor and Licensee, Licensor's ’s affiliate is the sole and exclusive owner of rights in the Licensed Marks and the Licensed Domain Names, undertakes not to challenge the validity of the Licensed Marks or the Licensed Domain Names, or Licensor's ’s registration and ownership of the Licensed Marks and the Licensed Domain Names, and agrees that it will do nothing inconsistent with such ownership, except as expressly authorized pursuant to Sections 5 and 6 below. Licensee further acknowledges and agrees that all use of the Licensed Marks and the Licensed Domain Names by Licensee and all goodwill developed therefrom shall inure to the benefit of and be on behalf of Licensor's ’s affiliate who is the owner of the Licensed Marks and the Licensed Domain Names. Licensee agrees that nothing in this Agreement shall give Licensee any right, title or interest in or to the Licensed Marks and the Licensed Domain names other than the right to use the Licensed Marks and the Licensed Domain Names in the manner contemplated by this Agreement, and only for so long as this Agreement is in force.

Ownership and Goodwill. Licensee acknowledges that, as between Licensor and Licensee, Licensor's affiliate Licensor is the sole and exclusive owner of rights in the Licensed Marks and the Licensed Domain Names, undertakes not to challenge the validity of the Licensed Marks or the Licensed Domain Names, or Licensor's registration and ownership of the Licensed Marks and the Licensed Domain Names, and agrees that it will do nothing inconsistent with such ownership, except as expressly authorized pursuant to Sections 5 and 6 below. Licensee further acknowledges and agrees that all use of the Licensed Marks and the Licensed Domain Names by Licensee and all goodwill developed therefrom shall inure to the benefit of and be on behalf of Licensor's affiliate who is the owner of the Licensed Marks and the Licensed Domain Names. Licensee agrees that nothing in this Agreement shall give Licensee any right, title or interest in or to the Licensed Marks and the Licensed Domain names other than the right to use the Licensed Marks and the Licensed Domain Names in the manner contemplated by this Agreement, and only for so long as this Agreement is in force.