Common use of Private Label Services Clause in Contracts

Private Label Services. In the event RapLab provides Private-Label services for Article(s) submitted by the Client, by branding the Grading Report issued by RapLab with the Client’s own logo or trademark to be used as the Client’s own report subject to the terms of this Agreement, the following provisions shall apply: a. The Private- Label Grading Report i. RapLab will perform the grading and examination Services for the Article/s as requested by the Client and will issue a Grading Report. ii. Client shall provide RapLab with their trademark and/or logo to be printed on such Grading Report. Client represents and warrants that the Client is the owner of, or has obtained all necessary consents, authorizations or licenses for the lawful use of any copyright, trademark, moral or other intellectual property in the trademark/logo provided by Client for such purpose. iii. RapLab will finalize the layout and design of the Client’s logo/trademark on the Grading Report together with the Client, and will issue a Client-branded “Private- Label Grading Report” for such Article/s (the “PLGR”). iv. The PLGR shall bear words signifying that RapLab and/or Rapaport has provided the grading services for the PLGR.