Common use of Ownership of Proprietary Rights Clause in Contracts

Ownership of Proprietary Rights. (1) SUPPLIER recognizes that DISTRIBUTOR is the owner of certain brand names, trademarks, trade names, logos and other intellectual property connoting DISTRIBUTOR which is proprietary to DISTRIBUTOR and which DISTRIBUTOR may elect to use in the promotion, marketing, sale and distribution of the Products, and' that SUPPLIER has no right or interest in or to any of such intellectual property. (2) Except as otherwise contemplated by this Agreement, neither SUPPLIER nor DISTRIBUTOR shall, without the prior written consent of an authorized officer of the other party, use any of such other party's brand names, trademarks, trade names or logos, or adopt, use or register any words, phrases or symbols so nearly resembling any of such other party's brand names, trademarks, trade names or logos as to be likely to lead to confusion or uncertainty, or to impair or infringe the same in any manner, or otherwise imply any endorsement by one party of the other party or its products or services.

Ownership of Proprietary Rights. (1) SUPPLIER recognizes that DISTRIBUTOR is the owner of certain brand names, trademarks, trade names, logos and other intellectual property property, including the VWR Marks, connoting DISTRIBUTOR which is are proprietary to DISTRIBUTOR and which DISTRIBUTOR may elect to use in the promotion, marketing, sale and distribution of the Products, and' and that SUPPLIER has no right or interest in or to any of such intellectual property. (2) Except as otherwise contemplated by this Agreement, neither SUPPLIER nor DISTRIBUTOR DISTRIBUTOR, shall, without the prior written consent of an authorized officer of the other party, use any of such other party's ’s brand names, trademarks, trade names or logos, or adopt, use or register any words, phrases or symbols so nearly resembling any of such other party's ’s brand names, trademarks, trade names or logos as to be likely to lead to confusion or uncertainty, or to impair or infringe the same in any manner, or otherwise imply any endorsement by one party of the other party or its products or services.