Parent Marks. It is expressly agreed that Synovus is not purchasing or acquiring any right, title or interest in any Parent Marks or any goodwill related thereto and symbolized thereby and Synovus shall not have any rights to use any Parent Marks after the Closing Date; provided that nothing contained in this Agreement shall limit the ability of Synovus to provide Accountholders (including authorized users) or any Governmental Authority with copies of any Account Documentation which bears any Parent Xxxx to the extent required by Law. Synovus acknowledges that Seller is not transferring any ownership interest in or to any Parent Marks or any goodwill related thereto and symbolized thereby to Synovus. Synovus shall not use any Parent Licensed Xxxx following the Subsequent Closing in any manner intended to damage or diminish Seller’s goodwill therein. The parties agree that any use of the Parent Licensed Marks in a manner consistent with Seller’s past practice will not be deemed to damage or diminish Seller’s goodwill therein; provided that Synovus shall, promptly following receipt of written notice from Seller setting forth with reasonable specificity the usage covered, cease any act or practice in connection with the Synovus Retained Assets that, in Seller’s opinion, has materially damaged or diminished or would reasonably likely materially damage or diminish the goodwill of Seller or its Affiliates.
Parent Marks. Each Buyer agrees that (a) such Buyer has no, and after the Closing, will not have any right, title or interest in, to or under the names “Inland”, “Inland American”, “Inland American Real Estate” or “IA”, or any service marks, trademarks, trade names, identifying symbols, logos, emblems, signs or insignia related thereto or containing or comprising the foregoing, including any derivations, modifications or alterations thereof, and any word, name or xxxx confusingly similar thereto (collectively, the “Parent Marks”), (b) such Buyer shall have no right to use the Parent Marks after the Closing Date and (c) such Buyer shall not use the Parent Marks after the Closing Date or hold itself out as having any sponsorship, endorsement or affiliation with Parent or any of its Affiliates.
Parent Marks. (a) Acquirer agrees that after the Closing neither Acquirer nor its Affiliates (including the Compressco Entities) shall have any rights in and to the name “TETRA,” or any trademarks, trade names, service marks, trade dress, logos, corporate names, domain names and other source identifiers, emblems, signs or insignia containing or comprising the foregoing, including any xxxx confusingly similar thereto or derivative thereof (collectively, the “Parent Marks”), and shall not at any time after the Closing market, promote, advertise or offer for sale any products, goods or services utilizing any of the Parent Marks or otherwise hold itself out as having any affiliation with Parent or any of its Affiliates. If any of the assets of the Compressco Entities, including any promotional materials or printed forms, bear Parent Marks, Acquirer and its Affiliates (including the Compressco Entities) shall, prior to distributing or selling such assets to the general public, remove, delete, cover or render illegible the Parent Marks as they may appear on such assets and shall, prior to making use of such assets for the general public, use commercially reasonable efforts to remove, delete, cover or render illegible the Parent Marks as they may appear on such assets. Notwithstanding the foregoing, for a period commencing on the date of this Agreement and ending 180 days after the Closing Date (such applicable date, the “Parent Marks Termination Date”), Acquirer and its Affiliates (including the Compressco Entities) may use any remaining inventory of materials, including business cards, stationery, packaging materials, displays, signs, promotional materials and other similar materials that include one or more of the Parent Marks to the extent such materials were included in the assets as of the Closing.
Parent Marks. Buyer agrees that (a) Buyer has no, and after the Closing, will not have any right, title or interest in, to or under the names “Lightstone”, “Lightstone Group” or “The Lightstone Group”, or any service marks, trademarks, trade names, identifying symbols, logos, emblems, signs or insignia related thereto or containing or comprising the foregoing, including any derivations, modifications or alterations thereof, and any word, name or mxxx confusingly similar thereto (collectively, the “Parent Marks”), (b) Buyer shall have no right to use the Parent Marks after the Closing Date and (c) Buyer shall not use the Parent Marks after the Closing Date or hold itself out as having any sponsorship, endorsement or affiliation with Parent or any of its Affiliates.
