Common use of Ownership; Display and Notices; Goodwill Clause in Contracts

Ownership; Display and Notices; Goodwill. Buyer acknowledges that (A) Seller or its Affiliates own all the proprietary rights to Seller Marks and (B) Buyer gains no ownership rights to Seller Marks licensed under this Agreement and gains only the limited right to use Seller Marks subject to the terms of this Agreement. Seller and its Affiliates reserve the unrestricted right to use, and to grant others the right to use, Seller Marks. Buyer will display the trademark and service xxxx notices for Seller Marks that Seller requests. Buyer’s use of Seller Marks and any goodwill generated from their use Execution Copy inures only to the benefit of Seller or its Affiliates. Buyer will not directly or indirectly contest or challenge the validity of Seller Marks or the rights of Seller and its Affiliates in Seller Marks. Buyer will not register or attempt to register any Xxxx that is confusingly similar to the Seller Marks or which dilutes any of the Seller Marks, including any domain name or URL containing or otherwise identifying any Seller Xxxx. Any content displayed on any website containing any Seller Xxxx must be pre-approved by Seller.

Appears in 4 contracts

Samples: Merchandising Agreement, Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.), Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.)

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Ownership; Display and Notices; Goodwill. Buyer Seller acknowledges that (A) Seller Buyer or its Affiliates own all the proprietary rights to Seller Buyer Marks and (B) Buyer Seller gains no ownership rights to Seller Buyer Marks licensed under this Agreement and gains only the limited right to use Seller Buyer Marks subject to the terms of this Agreement. Seller Buyer and its Affiliates reserve the unrestricted right to use, and to Execution Copy grant others the right to use, Seller Buyer Marks. Buyer Seller will display the trademark and service xxxx notices for Seller Buyer Marks that Seller Buyer requests. BuyerSeller’s use of Seller Buyer Marks and any goodwill generated from their use Execution Copy inures only to the benefit of Seller Buyer or its Affiliates. Buyer Seller will not directly or indirectly contest or challenge the validity of Seller Buyer Marks or the rights of Seller Buyer and its Affiliates in Seller Buyer Marks. Buyer Seller will not register or attempt to register any Xxxx that is confusingly similar to the Seller Buyer Marks or which dilutes any of the Seller Buyer Marks, including any domain name or URL containing or otherwise identifying any Seller Buyer Xxxx. Any content displayed on any website containing any Seller Buyer Xxxx must be pre-approved by SellerBuyer.

Appears in 4 contracts

Samples: Merchandising Agreement, Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.), Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.)

Ownership; Display and Notices; Goodwill. Buyer Seller acknowledges that (A) Seller Buyer or its Affiliates own all the proprietary rights to Seller Buyer Marks and (B) Buyer Seller gains no ownership rights to Seller Buyer Marks licensed under this Agreement and gains only the limited right to use Seller Buyer Marks subject to the terms of this Agreement. Seller Buyer and its Affiliates reserve the unrestricted right to use, and to grant others the right to use, Seller Buyer Marks. Buyer Seller will display the trademark and service xxxx notices for Seller Buyer Marks that Seller Buyer requests. BuyerSeller’s use of Seller Buyer Marks and any goodwill generated from their use Execution Copy inures only to the benefit of Seller Buyer or its Affiliates. Buyer Seller will not directly or indirectly contest or challenge the validity of Seller Buyer Marks or the rights of Seller Buyer and its Affiliates in Seller Buyer Marks. Buyer Seller will not register or attempt to register any Xxxx that is confusingly similar to the Seller Buyer Marks or which dilutes any of the Seller Buyer Marks, including any domain name or URL containing or otherwise identifying any Seller Buyer Xxxx. Any content displayed on any website containing any Seller Buyer Xxxx must be pre-approved by SellerBuyer.

Appears in 2 contracts

Samples: Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.), Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.)

Ownership; Display and Notices; Goodwill. Buyer acknowledges that (A) Seller or its Affiliates own all the proprietary rights to Seller Marks and (B) Buyer gains no ownership rights to Seller Marks licensed under this Agreement and gains only the limited right to use Seller Marks subject to the terms of this Agreement. Seller and its Affiliates reserve the unrestricted right to use, and to grant others the right to use, Seller Marks. Buyer will display the trademark and service xxxx notices for Seller Marks that Seller requests. Buyer’s use of Seller Marks and any goodwill generated from their use Execution Copy inures only to the benefit of Seller or its Affiliates. Buyer will not directly or indirectly contest or challenge the validity of Seller Marks or the rights of Seller and its Affiliates in Seller Marks. Buyer will not register or attempt to register any Xxxx that is confusingly similar to the Seller Marks or which dilutes any of the Seller Marks, including any domain name or URL containing or otherwise identifying any Seller Xxxx. Any content displayed on any website containing any Seller Xxxx must be pre-approved by Seller.

Appears in 2 contracts

Samples: Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.), Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.)

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Ownership; Display and Notices; Goodwill. Buyer Seller acknowledges that (Ai) Seller Buyer or its Affiliates own all the proprietary rights to Seller Buyer Marks and (Bii) Buyer Seller gains no ownership rights to Seller Buyer Marks licensed under this Agreement and gains only the limited right to use Seller Buyer Marks subject to the terms of this Agreement. Seller Buyer and its Affiliates reserve the unrestricted right to use, and to grant others the right to use, Seller Buyer Marks. Buyer Seller will display the trademark and service xxxx notices for Seller Buyer Marks that Seller Buyer requests. BuyerSeller’s use of Seller Buyer Marks and any goodwill generated from their use Execution Copy inures only to the benefit of Seller Buyer or its Affiliates. Buyer Seller will not directly or indirectly contest or challenge the validity of Seller Buyer Marks or the rights of Seller Buyer and its Affiliates in Seller Buyer Marks. Buyer Seller will not register or attempt to register any Xxxx that is confusingly similar to the Seller buyer Marks or which dilutes any of the Seller Buyer Marks, including any domain name or URL containing or otherwise identifying any Seller Buyer Xxxx. Any content displayed on any website containing any Seller Buyer Xxxx must be pre-approved by SellerBuyer.

Appears in 1 contract

Samples: Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.)

Ownership; Display and Notices; Goodwill. Buyer acknowledges that (Ai) Seller or its Affiliates own all the proprietary rights to Seller Marks and (Bii) Buyer gains no ownership rights to Seller Marks licensed under this Agreement and gains only the limited right to use Seller Marks subject to the terms of this Agreement. Seller and its Affiliates reserve the unrestricted right to use, and to grant others the right to use, Seller Marks. Buyer will display the trademark and service xxxx notices for Seller Marks that Seller requests. Buyer’s use of Seller Marks and any goodwill generated from their use Execution Copy inures only to the benefit of Seller or its Affiliates. Buyer will not directly or indirectly contest or challenge the validity of Seller Marks or the rights of Seller and its Affiliates in Seller Marks. Buyer will not register or attempt to register any Xxxx that is confusingly similar to the Seller Marks or which dilutes any of the Seller Marks, including any domain name or URL containing or otherwise identifying any Seller Xxxx. Any content displayed on any website containing any Seller Xxxx must be pre-approved by Seller.

Appears in 1 contract

Samples: Merchandising Agreement (Sears Hometown & Outlet Stores, Inc.)

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