Common use of Proprietary Rights and Information Clause in Contracts

Proprietary Rights and Information. Acquiror does not own or use any trademarks, trade-names, service marks or other trade designations or patents in the conduct of its business. Acquiror is not a party to any agreement relating to the use of technology or know-how. Acquiror has the right to use, free and clear of any claims or rights of others, all trade secrets, customer lists and proprietary information required for the marketing of all merchandise and services formerly or presently sold or marketed by it.

Proprietary Rights and Information. Acquiror does not own or use any trademarks, trade-namestradenames, service marks or other trade designations or patents in the conduct of its business. Acquiror is not a party to any agreement relating to the use of technology or know-how. Acquiror has the right to use, free and clear of any claims or rights of others, all trade secrets, customer lists and proprietary information required for the marketing of all merchandise and services formerly or presently sold or marketed by it.