Common use of Ownership of Licensed Marks Clause in Contracts

Ownership of Licensed Marks. Licensee acknowledges that Licensor will remain the sole and exclusive owner of all right, title and interest in and to the Licensed Marks. Licensee agrees that any goodwill in the Licensed Marks resulting from Licensee’s use of the Licensed Marks under this Agreement will inure solely to the benefit of Licensor and will not create any right, title or interest of Licensee (including any ownership right by Licensee) in or to the Licensed Marks.

Appears in 8 contracts

Samples: Trademark License Agreement, Trademark License Agreement (Halyard Health, Inc.), Trademark License Agreement (Halyard Health, Inc.)

AutoNDA by SimpleDocs

Ownership of Licensed Marks. Licensee acknowledges that that, as between Licensor and Licensee, Licensor is and will remain the sole and exclusive owner of all right, title and interest in and to the Licensed Marks. Licensee agrees that any goodwill in the Licensed Marks resulting from Licensee’s or its Sublicensees’ use of the Licensed Marks under this Agreement will inure solely to the benefit of Licensor and will not create any right, title or interest of Licensee or its Sublicensees (including any ownership right by LicenseeLicensee or any Sublicensee) in or to the Licensed MarksMarks in the Territory.

Appears in 2 contracts

Samples: Trademark License Agreement (FTAI Infrastructure Inc.), Trademark License Agreement (Fortress Transportation & Infrastructure Investors LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.