Common use of Seller Marks Clause in Contracts

Seller Marks. Buyer agrees that (a) Buyer has no, and after each Closing, none of the Companies or any of the Purchased Subsidiaries being transferred to Buyer at such Closing will have any, right, title or interest in or to the names “Inland”, “Inland American” and “Inland American Real Estate”, or any service marks, trademarks, trade names, identifying symbols, logos, emblems, signs or insignia related thereto or containing or comprising the foregoing, including any derivations, modifications or alterations thereof, and any word, name or xxxx confusingly similar thereto (collectively, the “Seller Marks”), (b) Buyer and each Company and each Purchased Subsidiary transferred to Buyer at any Closing shall have no right to use the Seller Marks after the applicable Closing Date and (c) Buyer shall not, and from and after the each Closing shall cause each Company and each Purchased Subsidiary transferred to Buyer at such Closing to cease to, use the Seller Marks after such Closing Date or hold itself out as having any sponsorship, endorsement or affiliation with Seller or any of its Affiliates. Within ten (10) Business Days after each Closing Date, Buyer shall make such filings with Governmental Authorities as are necessary to formally change the name of any Company or Purchased Subsidiary which was transferred to Buyer at such Closing and which has a name using one or more of the Seller Marks, to a name not using a Seller Xxxx.

Seller Marks. (a) Buyer agrees that (ai) Buyer has no, and after each the Closing, none of Buyer, the Companies Company or any of the Purchased Company Subsidiaries being transferred to Buyer at such Closing will have any, right, title or interest in in, to or to under the names “Inland”, ,” “Inland American,” and “Inland American Real Estate”, ,” “IA,” “InvenTrust Properties,” “InvenTrust,” “IVT” or any service marks, trademarks, trade names, identifying symbols, logos, emblems, signs or insignia related thereto or containing or comprising the foregoing, including any derivations, modifications or alterations thereof, and any word, name or xxxx confusingly similar thereto (collectively, the “Seller Marks”), (bii) Buyer Buyer, the Company and each Company and each Purchased Subsidiary transferred to Buyer at any Closing shall have no right to use the Seller Marks after the applicable Closing Date and (ciii) Buyer shall not, and from and after the each Closing shall cause each the Company and each Purchased Company Subsidiary transferred to Buyer at such Closing to cease to, use the Seller Marks after such the Closing Date or hold itself out as having any sponsorship, endorsement or affiliation with Seller or any of its Affiliates. Within ten Affiliates (10other than as may be agreed in writing following the Closing). (b) Business Days after each In the event there are any Withheld Properties, Seller and the Company Subsidiaries shall retain the right to use the names and marks set forth in Section 4.17(a) of the Disclosure Schedule in connection with the operation of the business of the Withheld Properties for a period of up to twelve (12) months following the Closing Date. After such twelve (12)-month period, Buyer Seller shall make such filings with Governmental Authorities as are necessary to formally change the name discontinue all use of any Company such names and marks and any trademarks related thereto or Purchased Subsidiary which was transferred to Buyer at containing or comprising such Closing and which has a name using one names, including any confusingly similar or more of the Seller Marks, to a name not using a Seller Xxxxdilutive variations thereof.