Common use of Ownership of Trademark Clause in Contracts

Ownership of Trademark. The Licensee acknowledges Licensor's exclusive right, title and interest in and to the Trademark and will not at any time do or cause to be done any act or thing contesting or in any way impairing or tending to impair any part or all of such right, title and interest. In connection with the use of the Trademark, Licensee shall not in any manner represent that it has any ownership in the Trademark or registrations thereof, and acknowledges that use of the Trademark shall enure to the benefit of the Licensor. On termination of this Agreement or any portion thereof in any manner provided herein, the Licensee will destroy all signs, displays or other identifications or advertising material, supplies and documents, and any other materials bearing the Trademark and will certify to Licensor in writing that it has done so. Furthermore, Licensee will not at any time adopt or use without the Licensor's prior written consent, any word or xxxx which is likely to be similar to or confusing with the Trademark (except the word "Tennessee").

Ownership of Trademark. The Licensee acknowledges Licensor's exclusive right, title and interest in and to the Trademark and will not at any time do or cause or permit to be done any act or thing contesting or in any way impairing or tending to impair any part or all of such right, title and interest. In connection with the use of the Trademark, Licensee and each of its Subsidiaries shall not in any manner represent that it has any ownership in the Trademark or registrations thereof, and acknowledges that use of the Trademark shall enure inure to the benefit of the Licensor. On termination of this Agreement or any portion thereof hereof in any manner provided herein, the Licensee will destroy or cause to be destroyed all signs, displays or other identifications or advertising material, supplies and documents, and any other materials bearing the Trademark and will certify to Licensor in writing that it has done so. Furthermore, Licensee and each of its Subsidiaries will not at any time adopt or use without the Licensor's prior written consent, any word or xxxx which mark xxxch is likely to be similar to or confusing with the Trademark (except the word "Tennessee")Trademark.