Common use of Removal of Seller Marks Clause in Contracts

Removal of Seller Marks. Buyer agrees that, within thirty (30) days after the Closing Date, Buyer shall (i) remove, obliterate, cover or replace, as appropriate, all signs, billboards, containers, drums, advertisements or other media containing any service marks, trade names, trade dress or other indicia of origin of Seller or any other member of the BP Group, including the words “Amoco,” “Vastar,” “Atlantic Richfield Company,” “Standard,” or “British Petroleum”; any items that include the words “Amoco,” “Vastar,” “Atlantic Richfield Company,” “Standard,” or “British Petroleum”; the Standard/Amoco oval or torch and oval design; the letters “BP;” any items that include the word “BP;” the phrase “BP Oil;” the BP shield or the BP Group Helios logo and/or variants thereof; the ARCO Spark and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the Purchased Assets, including signs, billboards and advertisements or other media located at offices and facilities related to the Purchased Pipeline Systems; and (ii) return to Seller or, at Seller’s option, destroy (and certify such destruction to Seller) all items and materials, including stationery, letterhead and purchase orders, located at any of the Purchased Assets containing the above described marks. In addition, Buyer agrees that, within thirty (30) days after the Closing Date, Buyer shall replace all signs located along the Pipeline Systems, including at river crossings, that identify Seller, pipelines of Seller, or any other member of the BP Group as the operator of such Pipeline System.

Appears in 1 contract

Sources: Asset Purchase Agreement (Magellan Midstream Partners Lp)

Removal of Seller Marks. Buyer agrees that, within thirty three (303) days months after the Closing Date, Buyer shall (i) remove, obliterate, cover or replace, as appropriate, all signs, billboards, containers, drums, advertisements or other media containing any service marks, trade names, trade dress or other indicia of origin of Seller or any other member of the BP Seller Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard,;or “British Petroleum”; any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard,;or “British Petroleum”; the Standard/Amoco oval or Seller Group torch and oval design; the letters “BP;” any items that include the word “BP;the phrase “BP Oil;” or the BP shield or the BP Group Helios logo and/or variants thereof; the ARCO Spark spark design logo and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the Purchased AssetsProperties, including signs, billboards and advertisements or other media located at offices and facilities related to the Purchased Pipeline SystemsProperties; and (ii) return to Seller or, at Seller’s option, destroy (and certify such destruction to Seller) all items and materials, including stationery, letterhead and purchase orders, located at or on the Properties that identify Properties of Seller or of any other member of the Seller Group, or any of the Purchased Assets Properties containing the above described marks. In addition, Buyer agrees that, within thirty three (303) days months after the Closing Date, Buyer shall replace all signs located along at or on the Pipeline SystemsProperties that use the above described marks or any ▇▇▇▇ confusingly similar thereto, including at river crossingsidentify Properties of Seller or of any other member of the Seller Group, that or identify Seller, pipelines of Seller, Seller or any other member of the BP Seller Group as the operator of such Pipeline SystemProperties.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Linn Energy, LLC)

Removal of Seller Marks. Buyer Purchaser agrees that, within thirty during the ninety (3090) days Days after the Closing Dateend of the Transition Period, Buyer Purchaser shall (i) remove, obliterate, cover or replace, as appropriate, all signs, billboards, containers, drums, advertisements or other media containing any service marks, trade names, trade dress or other indicia of origin of Seller or any other member of the BP Seller Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard,;or “British Petroleum”; any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard,;or “British Petroleum”; the Standard/Amoco oval or Seller Group torch and oval design; the letters “BP;” any items that include the word “BP;the phrase “BP Oil;” or the BP shield or the BP Group Helios logo and/or variants thereof; the ARCO Spark spark design logo and any variants thereof; and the letters “ARCO” located HOUSTON 1151220v.11 on or appurtenant to any portion of the Purchased AssetsProperties, including signs, billboards and advertisements or other media located at offices and facilities related to the Purchased Pipeline SystemsProperties; and (ii) return to Seller or, at Seller’s option, destroy (and certify such destruction to Seller) all items and materials, including stationery, letterhead and purchase orders, located at or on the Properties that identify Properties of Seller or of any other member of the Seller Group, or any of the Purchased Assets Properties containing the above described marks. In addition, Buyer Purchaser agrees that, within thirty during the ninety (3090) days Days after the Closing Dateend of the Transition Period, Buyer Purchaser shall replace all signs located along at or on the Pipeline SystemsProperties that use the above described marks or any ▇▇▇▇ confusingly similar thereto, including at river crossingsidentify Properties of Seller or of any other member of the Seller Group, that or identify Seller, pipelines of Seller, Seller or any other member of the BP Seller Group as the operator of such Pipeline SystemProperties.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Linn Energy, LLC)

Removal of Seller Marks. Buyer agrees that, within thirty by the date that is sixty (3060) days after (i) the Closing DateDate (with respect to any Terminal Facilities or Pipeline Systems for which Seller does not provide transition services under either the Midwest Transition Services Agreement or the Ohio Transition Services Agreement), and (ii) the date of termination of the Midwest Transition Services Agreement and the Ohio Transition Services Agreement, as applicable (in each case, with respect to only the Terminal Facilities or Pipeline Systems for which Seller provides transition services thereunder), in the case of each of the preceding clauses (i) and (ii), Buyer shall (iA) remove, obliterate, cover or replace, as appropriate, all signs, billboards, containers, drums, advertisements or other media containing any service marks, trade names, trade dress or other indicia of origin of Seller or any other member of the BP Group, including the words “Amoco,” “Vastar,” “Atlantic Richfield Company,” “The Standard Oil Company,” “Standard,” or “British Petroleum”; any items that include the words “Amoco,” “Vastar,” “Atlantic Richfield Company,” “Standard,” or “British Petroleum”; the Standard/Amoco oval or torch and oval design; the letters “BP;” any items that include the word “BP;” the phrase “BP Oil;” the BP shield or the BP Group Helios logo and/or variants thereof; the ARCO Spark and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the Purchased Assets, including signs, billboards and advertisements or other media located at offices and facilities related to the Purchased Terminal Facilities or the Purchased Pipeline Systems; and (iiB) return to Seller or, at Seller’s option, destroy (and certify such destruction to Seller) all items and materials, including stationery, letterhead and purchase orders, located at any of the Purchased Assets containing the above described marks. In addition, Buyer agrees that, within thirty by the date that is sixty (3060) days after (x) the Closing DateDate (with respect to any Terminal Facilities or Pipeline Systems for which Seller does not provide transition services under either the Midwest Transition Services Agreement or the Ohio Transition Services Agreement), and (y) the date of termination of the Midwest Transition Services Agreement and the Ohio Transition Services Agreement, as applicable (in each case, with respect to only the Terminal Facilities or Pipeline Systems for which Seller provides transition services thereunder), in the case of each of the preceding clauses (x) and (y), Buyer shall replace all signs located at the applicable Terminal Facilities or along the Pipeline Systems, including at river crossings, that which identify Seller, terminals or pipelines of Seller, or any other member of the BP Group as the operator of such Terminal Facilities or Pipeline SystemSystems.

Appears in 1 contract

Sources: Asset Purchase Agreement (Buckeye Partners, L.P.)

Removal of Seller Marks. In connection with any Properties in which operatorship is changed from Seller to Buyer, Buyer agrees that, within thirty three (303) days months after the Closing Date, Buyer shall (i) remove, obliterate, cover or replace, as appropriate, all signs, billboards, containers, drums, advertisements or other media containing any service marks, trade names, trade dress or other indicia of origin of Seller or any other member of the BP Seller Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard,;or “British Petroleum”; any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard,;or “British Petroleum”; the Standard/Amoco oval or Seller Group torch and oval design; the letters “BP;” any items that include the word “BP;the phrase “BP Oil;” or the BP shield or the BP Group Helios logo and/or variants thereof; the ARCO Spark spark design logo and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the Purchased AssetsProperties, including signs, billboards and advertisements or other media located at offices and facilities related to the Purchased Pipeline SystemsProperties; and (ii) return to Seller or, at Seller’s option, destroy (and certify such destruction to Seller) all items and materials, including stationery, letterhead and purchase orders, located at or on the Properties that identify Properties of Seller or of any other member of the Seller Group, or any of the Purchased Assets Properties containing the above described marks. In addition, Buyer agrees that, within thirty three (303) days months after the Closing Date, Buyer shall replace all signs located along at or on the Pipeline Systems, including at river crossings, Properties that identify SellerProperties of Seller or of any other member of the Seller Group, pipelines of Seller, or identify Seller or any other member of the BP Seller Group as the operator of such Pipeline SystemProperties.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Stone Energy Corp)

Removal of Seller Marks. Buyer Purchaser agrees that, within thirty during the ninety (3090) days Days after the Closing Dateend of the Transition Period, Buyer Purchaser shall (ia) remove, obliterate, cover or replace, as appropriate, all signs, billboards, containers, drums, advertisements or other media containing any service marks, trade names, trade dress or other indicia of origin of Seller or any other member of the BP Seller Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard,;or “British Petroleum”; any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard,;or “British Petroleum”; the Standard/Amoco oval or Seller Group torch and oval design; the letters “BP;” any items that include the word “BP;the phrase “BP Oil;” or the BP shield or the BP Group Helios logo and/or variants thereof; the ARCO Spark spark design logo and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the Purchased AssetsProperties, including signs, billboards and advertisements or other media located at offices and facilities related to the Purchased Pipeline SystemsProperties; and (ii) return to Seller or, at SellerPurchaser’s option, destroy (and certify such destruction to Seller) all items and materials, including stationery, letterhead and purchase orders, located at or on the Properties that identify Properties of Seller or of any other member of Seller Group, or any of the Purchased Assets Properties containing the above described marks. In addition, Buyer Purchaser agrees that, within thirty during the ninety (3090) days Days after the Closing Dateend of the Transition Period, Buyer Purchaser shall replace all signs located along at or on the Pipeline SystemsProperties that use the above-described marks or any ▇▇▇▇ confusingly similar thereto, including at river crossingsidentify Properties of Seller or of any other member of Seller Group, that or identify Seller, pipelines of Seller, Seller or any other member of the BP Seller Group as the operator of such Pipeline SystemProperties.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Plains Exploration & Production Co)

Removal of Seller Marks. Buyer agrees that, within thirty one hundred twenty (30120) days after the Closing DateDate or such shorter period of time as may be stipulated pursuant to AEUB requirements or Applicable Law, Buyer shall (i) remove, obliterate, cover or replace, as appropriate, all signs, billboards, containers, storage tanks, storage vessels, drums, advertisements or other media containing any service marks, trade names, trade dress or other indicia of origin of Seller or any other member of the BP Group, including the words “Amoco,“Vastar,” “Atlantic Richfield Company,” and “Standard,” or “British Petroleum”; any items that include the words “Amoco,“Vastar,” “Atlantic Richfield Company,” or “Standard,” or “British Petroleum”; the Standard/Amoco oval or torch and oval design; , the letters “BP;,” any items that include the word “BP;,” the phrase “BP Oil;,” the BP Group shield or the BP Group Helios logo logo, the words “Dome” or “▇▇▇▇▇▇’▇ Bay Oil and Gas” and/or variants thereof; the ARCO Spark and any variants thereof; and the letters “ARCO” thereof located on or appurtenant to any portion of the Purchased Rangeland Business Unit Assets, including signs, billboards and advertisements or other media located at offices and facilities related to the Purchased Pipeline SystemsRangeland Business Unit; and (ii) return to Seller or, at Seller’s option, destroy (and certify such destruction to Seller) all items and materials, including stationery, letterhead and purchase orders, located at any of the Purchased Rangeland Business Unit Assets containing the above described marks. In addition, Buyer agrees that, within thirty one hundred (30120) days after the Closing DateDate or such shorter period of time as may be stipulated pursuant to AEUB requirements or Applicable Law, Buyer shall replace all signs located along the Pipeline Systems, including at pump stations, measurement stations, LACT Facilities, river crossings and road crossings, that identify Seller, pipelines of Seller, Seller or any other member of the BP Group as the operator of such Pipeline SystemSystems.

Appears in 1 contract

Sources: Share Purchase and Sale Agreement (Pacific Energy Partners Lp)

Removal of Seller Marks. Buyer Purchaser agrees that, within thirty during the ninety (3090) days Days after the Closing Dateend of the Transition Period, Buyer Purchaser shall (i) remove, obliterate, cover or replace, as appropriate, all signs, billboards, containers, drums, advertisements or other media containing any service marks, trade names, trade dress or other indicia of origin of Seller or any other member of the BP Seller Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard,;or “British Petroleum”; any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard,;or “British Petroleum”; the Standard/Amoco oval or Seller Group torch and oval design; the letters “BP;” any items that include the word “BP;the phrase “BP Oil;” or the BP shield or the BP Group Helios logo and/or variants thereof; the ARCO Spark spark design logo and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the Purchased Assets, including signs, billboards and advertisements or other media located at offices and facilities related to the Purchased Pipeline SystemsAssets; and (ii) return to Seller or, at Seller’s option, destroy (and certify such destruction to Seller) all items and materials, including stationery, letterhead and purchase orders, located at or on the Purchased Assets that identify Purchased Assets of Seller or of any other member of the Seller Group, or any of the Purchased Assets containing the above described marks. In addition, Buyer Purchaser agrees that, within thirty during the ninety (3090) days Days after the Closing Dateend of the Transition Period, Buyer Purchaser shall replace all signs located along at or on the Pipeline SystemsPurchased Assets that use the above-described marks or any ▇▇▇▇ confusingly similar thereto, including at river crossingsidentify Purchased Assets of Seller or of any other member of the Seller Group, that or identify Seller, pipelines of Seller, Seller or any other member of the BP Seller Group as the operator of such Pipeline SystemPurchased Assets.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Eagle Rock Energy Partners L P)