Common use of Protection of Marks Clause in Contracts

Protection of Marks. The Licensee shall not directly or indirectly register or use any other trade name, trademark, or service xxxx incorporating or based in whole or in part on any of the Marks, use any Marks as part of any corporate or trade name, as part of prominent signage displaying its business name, or in connection with any unauthorized goods or services, use the Marks in combination with any other trademarks, debrand, rebrand, or private label any of the Marks, hold itself out as having any ownership interest in the Marks, engage in any conduct that would constitute infringement of or otherwise affect either the Licensor's interest in the Marks or the goodwill associated with them, dispute the validity, ownership, or enforceability of any of the Marks, invalidate, dilute, or otherwise adversely affect the value of the goodwill associated with the Marks, or engage in any conduct that would constitute infringement of, or otherwise harm, the intellectual property rights of any third parties.

Appears in 4 contracts

Samples: Management Agreement (STWC. Holdings, Inc.), Management Agreement (STWC. Holdings, Inc.), Management Agreement (STWC. Holdings, Inc.)

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