OWNERSHIP AND MARKING. 5.1 The Manufacturer Licensee acquires no right, title or interest in or to the Listing Mark except as expressly provided in this Agreement. The Manufacturer Licensee shall at all times observe the requirements with respect to trade-mark notices and other forms of marking with respect to the Listing Mark as BPI may from time to time, in its sole discretion, direct and communicate to the Manufacturer Licensee. The Manufacturer Licensee shall, when using the Listing Mark, so describe the Listing Mark to indicate clearly that it is owned and controlled by BPI and that it is being used by the Manufacturer Licensee under license.
OWNERSHIP AND MARKING. Lessee has not and, by execution and performance hereof, will not have or obtain any title to the Equipment or any other interest therein except as Lessee hereunder and subject to all the terms hereof. Title to the Equipment shall at all times remain in Lessor and Lessee at its expense shall protect and defend the title of Lessor and keep it free of all claims and liens, other than the rights of Lessee hereunder and claims and liens created by or arising through Lessor. Lessee will treat this transaction as a lease for tax purposes and will not claim any credit or deduction inconsistent with Lessor's ownership of the Equipment. If Lessor supplies Lessee with labels designating its interest in the Equipment, Lessee shall affix the same to and keep them in a prominent place on the Equipment. Notwithstanding the express intent of the parties, should a court of competent jurisdiction determine that this Agreement is not a true lease, but rather one intended as security, then solely in that event and for the expressly limited purposes hereof, Lessee shall be deemed to have hereby granted Lessor a security interest in this Lease, the Equipment, and all accessions thereto, substitutions and replacements therefor, and proceeds (including insurance proceeds) thereof, to secure the prompt payment and performance as and when due of all obligations and indebtedness of Lessee to Lessor, now existing or hereafter created; provided however, that the foregoing shall not apply if such determination is made solely for purposes of federal tax laws and regulations.
OWNERSHIP AND MARKING. 5.1 The Contractor Licensee acquires no right, title or interest in or to the Certification Marks except as expressly provided in this Agreement. The Contractor Licensee shall at all times observe the requirements with respect to trade-xxxx notices and other forms of marking with respect to the Certification Xxxx as EQI may from time to time, in its sole discretion, direct and communicate to the Contractor Licensee. The Contractor Licensee shall, when using the Certification Xxxx, so describe the Certification Xxxx to indicate clearly that the Certification Xxxx is owned by EQI and that it is being used by the Contractor Licensee under license.
OWNERSHIP AND MARKING. 11.1 The Equipment shall at all times be and remain the sole and exclusive property of the Lessor. The Lessee shall at its own cost and expense protect and defend the ownership of the Lessor against all claims, liens and legal proceedings of creditors of the Lessee and other persons, and keep the Equipment free and clear from all claims, liens and proceedings except for liens and charges created by or through
OWNERSHIP AND MARKING. 5.1 The Accredited Company acquires no right, title or interest in or to the Accreditation xxxx except as expressly provided in this Agreement. The Accredited Company shall at all times observe the requirements with respect to trade‐ xxxx notices and other forms of marking with respect to the SPFA PCP Company Accreditation xxxx as SPFA (or its authorized agent or designee) may from time to time, in its sole discretion, direct and communicate to the Accredited Company. The Accredited Company shall, when using the Accreditation xxxx, so describe the Accreditation xxxx to indicate clearly that the xxxx is owned by SPFA.
OWNERSHIP AND MARKING. Lessee has not and by execution and performance hereof will not have or obtain any title to the Equipment or any other interest therein except as Lessee hereunder and subject to all the terms hereof. Title to the equipment shall at all times remain in Lessor and Lessee at its expense shall protect and defend the title of Lessor and keep it free of all claims and liens other than the rights of Lessee hereunder and claims and liens created by or arising through Lessor. Lessee will treat this transaction as a lease for tax purposes and will not claim any credit or deduction inconsistent with Lessor's ownership of the Equipment. On or before the delivery thereof, Lessee will cause each Item of Equipment (to the extent practicable and, to the extent not practicable, then each major component) to be plainly, permanently and conspicuously marked by stenciling or by a metal tag or plate or decal affixed thereto with the following legend: PROPERTY OF AND LEASED FROM METLIFE CAPITAL, LIMITED PARTNERSHIP 00000 X.X. 0XX XX., XXXXX 000, C-97550, BELLEVUE, WASHINGTON 98009 Lessee shall replace any such marking which may be removed or destroyed or become illegible and keep the Equipment free from any markings or labelings which might be interpreted as a claim of ownership thereof by Lessee or any other person except Lessor or its assigns.
OWNERSHIP AND MARKING. 5.1 The Installer Licensee acquires no right, title or interest in or to the Certification Marks except as expressly provided in this Agreement. The Installer Licensee shall at all times observe the requirements with respect to trade-xxxx notices and other forms of marking with respect to the Certification Xxxx as ABAA may from time to time, in its sole discretion, direct and communicate to the Installer Licensee. The Installer Licensee shall, when using the Certification Xxxx, so describe the Certification Xxxx to indicate clearly that the xxxx is owned by ABAA and that it is being used by the Installer Licensee under license.
OWNERSHIP AND MARKING. 5.1 The Contractor Licensee acquires no right, title or interest in or to the Certification Marks except as expressly provided in this Agreement. The Contractor Licensee shall at all times observe the requirements with respect to trade-xxxx notices and other forms of marking with respect to the Certification Xxxx as ABAA may from time to time, in its sole discretion, direct and communicate to the Contractor Licensee. The Contractor Licensee shall, when using the Certification Xxxx, so describe the Certification Xxxx to indicate clearly that the xxxx is owned by ABAA and that it is being used by the Contractor Licensee under license.
OWNERSHIP AND MARKING. 5.1 The SPFA PCP Certified Individual acquires no right, title or interest in or to the Certification Xxxx designated for the SPFA PCP Certified Individual except as expressly provided in this Agreement. The SPFA PCP Certified Individual shall, at all times, observe the requirements with respect to trademark notices and other forms of marking with respect to the Certification Xxxx as the SPFA or its authorized agent or third party designee may from time to time, in its sole discretion, direct and communicate to the SPFA PCP Certified Individual. The SPFA PCP Certified Individual shall, when using the Certification Xxxx designated for the SPFA PCP Certified Individual, so describe the Certification Xxxx to indicate clearly that the xxxx is owned by SPFA and that it is being used by the SPFA PCP Certified Individual under a limited and revocable SPFA license.
OWNERSHIP AND MARKING. 5.1 The Certified Installer licensee acquires no right, title or interest in or to the Certification Marks except as expressly provided in this Agreement. The Certified Installer licensee shall at all times observe the requirements with respect to trade-xxxx notices and other forms of marking with respect to the Certification Xxxx as BPQI may from time to time, in its sole discretion, direct and communicate to the Certified Installer licensee. Licensee shall, when using the Certification Xxxx, so describe the Certification Xxxx to indicate clearly that the xxxx is owned by BPQI and that it is being used by the Certified Installer licensee under license.
