Common use of Removal of Seller Marks Clause in Contracts

Removal of Seller Marks. Buyer agrees that, within three (3) 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 Seller Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;” any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;” the Seller Group torch and oval design; the letters “BP;” any items that include the word “BP” or the BP shield or the BP Helios logo and/or variants thereof; the ARCO spark design logo and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the Properties, including signs, billboards and advertisements or other media located at offices and facilities related to the Properties; 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 Properties containing the above described marks. In addition, Buyer agrees that, within three (3) months after the Closing Date, Buyer shall replace all signs located at or on the Properties that use the above described marks or any xxxx confusingly similar thereto, identify Properties of Seller or of any other member of the Seller Group, or identify Seller or any other member of the Seller Group as the operator of such Properties.

Removal of Seller Marks. Buyer Purchaser agrees that, within three during the ninety (390) months 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 Seller Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;” any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;” the Seller Group torch and oval design; the letters “BP;” any items that include the word “BP” or the BP shield or the BP Helios logo and/or variants thereof; the ARCO spark design logo and any variants thereof; and the letters “ARCO” located HOUSTON 1151220v.11 on or appurtenant to any portion of the Properties, including signs, billboards and advertisements or other media located at offices and facilities related to the Properties; 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 Properties containing the above described marks. In addition, Buyer Purchaser agrees that, within three during the ninety (390) months Days after the Closing Dateend of the Transition Period, Buyer Purchaser shall replace all signs located at or on the Properties that use the above described marks or any xxxx confusingly similar thereto, identify Properties of Seller or of any other member of the Seller Group, or identify Seller or any other member of the Seller Group as the operator of such Properties.

Removal of Seller Marks. In connection with any Properties in which operatorship is changed from Seller to Buyer, Buyer agrees that, within three (3) 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 Seller Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;” any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;” the Seller Group torch and oval design; the letters “BP;” any items that include the word “BP” or the BP shield or the BP Helios logo and/or variants thereof; the ARCO spark design logo and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the Properties, including signs, billboards and advertisements or other media located at offices and facilities related to the Properties; 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 Properties containing the above described marks. In addition, Buyer agrees that, within three (3) months after the Closing Date, Buyer shall replace all signs located at or on the Properties that use the above described marks or any xxxx confusingly similar thereto, identify Properties of Seller or of any other member of the Seller Group, or identify Seller or any other member of the Seller Group as the operator of such Properties.

Removal of Seller Marks. Buyer Purchaser agrees that, within three during the ninety (390) months 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 Seller Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;” any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;” the Seller Group torch and oval design; the letters “BP;” any items that include the word “BP” or the BP shield or the BP Helios logo and/or variants thereof; the ARCO spark design logo and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the Properties, including signs, billboards and advertisements or other media located at offices and facilities related to the Properties; 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 the Seller Group, or any of the Properties containing the above described marks. In addition, Buyer Purchaser agrees that, within three during the ninety (390) months Days after the Closing Dateend of the Transition Period, Buyer Purchaser shall replace all signs located at or on the Properties that use the above above-described marks or any xxxx confusingly similar thereto, identify Properties of Seller or of any other member of the Seller Group, or identify Seller or any other member of the Seller Group as the operator of such Properties.

Removal of Seller Marks. Buyer agrees that, within three by the date that is sixty (360) months 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 Seller BP Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” “The Standard Oil Company,” “Standard,” or “Standard;” British Petroleum”; any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” “Standard,” or “British Petroleum”; the Standard;” the Seller Group /Amoco oval or torch and oval design; the letters “BP;” any items that include the word “BP;” or the phrase “BP Oil;” the BP shield or the BP Group Helios logo and/or variants thereof; the ARCO spark design logo Spark and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the PropertiesPurchased Assets, including signs, billboards and advertisements or other media located at offices and facilities related to the PropertiesPurchased 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 or on the Properties that identify Properties of Seller or of any other member of the Seller Group, or any of the Properties Purchased Assets containing the above described marks. In addition, Buyer agrees that, within three by the date that is sixty (360) months 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 on along the Properties that use the above described marks Pipeline Systems, including at river crossings, which identify Seller, terminals or any xxxx confusingly similar theretopipelines of Seller, identify Properties of Seller or of any other member of the Seller Group, or identify Seller or any other member of the Seller BP Group as the operator of such PropertiesTerminal Facilities or Pipeline Systems.

Removal of Seller Marks. Buyer Purchaser agrees that, within three during the ninety (390) months 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 Seller Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;” any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;” the Seller Group torch and oval design; the letters “BP;” any items that include the word “BP” or the BP shield or the BP Helios logo and/or variants thereof; the ARCO spark design logo and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the PropertiesPurchased Assets, including signs, billboards and advertisements or other media located at offices and facilities related to the PropertiesPurchased Assets; 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 Purchased Assets that identify Properties Purchased Assets of Seller or of any other member of the Seller Group, or any of the Properties Purchased Assets containing the above described marks. In addition, Buyer Purchaser agrees that, within three during the ninety (390) months Days after the Closing Dateend of the Transition Period, Buyer Purchaser shall replace all signs located at or on the Properties Purchased Assets that use the above above-described marks or any xxxx confusingly similar thereto, identify Properties Purchased Assets of Seller or of any other member of the Seller Group, or identify Seller or any other member of the Seller Group as the operator of such PropertiesPurchased Assets.

Removal of Seller Marks. Buyer agrees that, within three thirty (330) months 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 Seller BP Group, including the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” “Standard,” or “Standard;” British Petroleum”; any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” “Standard,” or “British Petroleum”; the Standard;” the Seller Group /Amoco oval or torch and oval design; the letters “BP;” any items that include the word “BP;” or the phrase “BP Oil;” the BP shield or the BP Group Helios logo and/or variants thereof; the ARCO spark design logo Spark and any variants thereof; and the letters “ARCO” located on or appurtenant to any portion of the PropertiesPurchased Assets, including signs, billboards and advertisements or other media located at offices and facilities related to the PropertiesPurchased 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 or on the Properties that identify Properties of Seller or of any other member of the Seller Group, or any of the Properties Purchased Assets containing the above described marks. In addition, Buyer agrees that, within three thirty (330) months days after the Closing Date, Buyer shall replace all signs located along the Pipeline Systems, including at or on the Properties river crossings, that use the above described marks or any xxxx confusingly similar theretoidentify Seller, identify Properties pipelines of Seller or of any other member of the Seller GroupSeller, or identify Seller or any other member of the Seller BP Group as the operator of such PropertiesPipeline System.

Removal of Seller Marks. Buyer agrees that, within three one hundred twenty (3120) months 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 Seller BP Group, including the words “BP,Amoco” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or and “Standard;,” any items that include the words “BP,” “Amoco,” “Vastar,” “Atlantic Richfield Company,” or “Standard;,” the Seller Group Amoco torch and oval design; , the letters “BP;,” any items that include the word “BP,” or the phrase “BP Oil,” the BP Group shield or the BP Group Helios logo logo, the words “Dome” or “Xxxxxx’x Bay Oil and Gas” and/or variants thereof; the ARCO spark design logo and any variants thereof; and the letters “ARCO” thereof located on or appurtenant to any portion of the PropertiesRangeland Business Unit Assets, including signs, billboards and advertisements or other media located at offices and facilities related to the PropertiesRangeland 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 or on the Properties that identify Properties of Seller or of any other member of the Seller Group, or any of the Properties Rangeland Business Unit Assets containing the above described marks. In addition, Buyer agrees that, within three one hundred (3120) months 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 or on the Properties pump stations, measurement stations, LACT Facilities, river crossings and road crossings, that use the above described marks or any xxxx confusingly similar thereto, identify Properties of Seller or of any other member of the Seller Group, or identify Seller or any other member of the Seller BP Group as the operator of such PropertiesPipeline Systems.