Ownership; Validity; Notification of Infringement. (a) Licensee and its Subsidiaries acknowledge that the Licensed Trademark, the Stylized Mxxx and the Licensed Trade Name are the exclusive and sole property of Licensor. All use of the Licensed Trademark, the Stylized Mxxx and the Licensed Trade Name by Licensee and its Subsidiaries pursuant to this Agreement shall inure solely to Licensor’s benefit. Licensee and its Subsidiaries further agree that neither they nor any of their agents or Affiliates will, at any time, directly or indirectly challenge, contest, call into question or raise any questions concerning (i) Licensor’s ownership or the validity of the Licensed Trade Name, the Licensed Trademark, the Stylized Mxxx or any registration or application for registration for the Licensed Trademark or the Stylized Mxxx or (ii) the fact that Licensee’s and its Subsidiaries’ rights under this Agreement are solely those of a licensee, which rights terminate (except as otherwise set forth in this Agreement) upon termination of this Agreement.
Appears in 3 contracts
Samples: Trademark and Trade Name License Agreement (Harris Stratex Networks, Inc.), Intellectual Property Agreement (Stratex Networks Inc), Intellectual Property Agreement (Harris Corp /De/)
Ownership; Validity; Notification of Infringement. (a) Licensee and its Subsidiaries acknowledge that the Licensed Trademark, the Stylized Mxxx Xxxx and the Licensed Trade Name are the exclusive and sole property of Licensor. All use of the Licensed Trademark, the Stylized Mxxx Xxxx and the Licensed Trade Name by Licensee and its Subsidiaries pursuant to this Agreement shall inure solely to Licensor’s benefit. Licensee and its Subsidiaries further agree that neither they nor any of their agents or Affiliates will, at any time, directly or indirectly challenge, contest, call into question or raise any questions concerning (i) Licensor’s ownership or the validity of the Licensed Trade Name, the Licensed Trademark, the Stylized Mxxx Xxxx or any registration or application for registration for the Licensed Trademark or the Stylized Mxxx Xxxx or (ii) the fact that Licensee’s and its Subsidiaries’ rights under this Agreement are solely those of a licensee, which rights terminate (except as otherwise set forth in this Agreement) upon termination of this Agreement.this
Appears in 1 contract
Samples: License Agreement
