Common use of Seller's Name Clause in Contracts

Seller's Name. Seller agrees that from and after the Closing Date, Purchaser shall have the right to use in or in connection with the conduct of any business (whether carried on by Purchaser directly or through any affiliate) (1) the Name or (2) any part or portion of the Name, either alone or in combination with one or more other words. Seller warrants to Purchaser that it has taken all necessary action to protect the Name in the State of Michigan and agrees to take or cause to be taken any and all steps or actions that shall be or become permissible, proper, or convenient to enable or permit Purchaser to use the Name, or any portion of the Name, either alone or in combination with one or more other words, except as presently restricted. On or as soon as practicable after the Closing Date, Seller shall terminate Seller’s interest in the Name. After the Closing Date, Seller agrees that it will not use the Name directly or indirectly, either alone or in combination with one or more other words, in or in connection with any business, activities, or operations that Seller directly or indirectly may carry on or conduct.

Appears in 1 contract

Samples: Asset Purchase Agreement

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Seller's Name. Seller agrees that from From and after the Closing Date, Purchaser Buyer shall have the right to use in or in connection with the conduct of any business (whether carried on by Purchaser it directly or through any affiliate) (1related corporation) the Name or name "Sub-Surface Construction Company " (2) "Name"); any part or portion of the Name, either alone or in combination with one or more other words; or any variation of the Name. Seller warrants Parties warrant to Purchaser Buyer that it has they have taken all necessary action to protect the Name in the State of Michigan and agrees agree to take or cause to be taken any and all steps or actions that shall be or become permissible, proper, or convenient to enable or permit Purchaser Buyer to use the Name, or any part or -32- portion of the Name, either alone or in combination with one or more other words, except as presently restricted. On It is contemplated that on or as soon as practicable after the Closing Date, Seller shall terminate Seller’s interest in the Namewill change its name. After the Closing Date, Seller agrees Parties agree that it they will not use the Name either directly or indirectly, either alone or in combination with one or more other words, in or in connection with any business, activities, or operations that Seller Parties or either of them directly or indirectly may carry on or conduct.

Appears in 1 contract

Samples: Asset Purchase Agreement (Semco Energy Inc)

Seller's Name. Seller agrees that from and after the Closing Date, Purchaser shall have the right to use in or in connection with the conduct of any business (whether carried on by Purchaser directly or through any affiliate) (1) the Name or (2) any part or portion of the Name, either alone or in combination with one or more other words. Seller warrants to Purchaser that it has taken all necessary reasonable action to protect the Name anywhere in the State of Michigan world and agrees to take or cause to be taken any and all reasonable steps or actions that shall be or become permissible, proper, or convenient to enable or permit Purchaser to use the Name, or any portion of the Name, . either alone or in combination with one or more other words, except as presently restricted. On or as soon as practicable after the Closing Date, Seller shall terminate Seller’s 's interest in the Name. After the Closing Date, Seller agrees that it will not use the Name directly or indirectly, either alone or in combination with one or more other words, in or in connection with any business, activities, or operations that Seller directly or indirectly may carry on carryon or conduct.

Appears in 1 contract

Samples: Asset Purchase Agreement (SupportSave Solutions Inc)

Seller's Name. Seller agrees that from and after the Closing Date, Purchaser Buyer shall have the right to use in or in connection with the conduct of any business (whether carried on by Purchaser it directly or through any affiliate) (1related corporation) the Name or (2) name [name](Name); any part or portion of the Name, either alone or in combination with one or more other words; or any variation of the Name. Seller warrants to Purchaser Buyer that it has taken all necessary action to protect the Name in the State of Michigan and agrees to take or cause to be taken any and all steps or actions that shall be or become permissible, proper, or convenient to enable or permit Purchaser Buyer to use the Name, or any part or portion of the Name, either alone or in combination with one or more other words, except as presently restricted. On or as soon as practicable after the Closing Date, It is contemplated that Seller shall terminate Seller’s interest in the Namewill change its name to [new name]. After the Closing Date, Seller agrees that it will not use either directly or indirectly the Name directly or indirectlythe initials [“initials”], or any of them, either alone or in combination with one or more other words, in or in connection with any business, activities, or operations that Seller directly or indirectly may carry carries on or conductconducts.

Appears in 1 contract

Samples: Asset Purchase Agreement

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Seller's Name. Seller agrees that from and after the Closing Date, Purchaser shall have the right to use in or in connection with the conduct of any business (whether carried on by Purchaser directly or to through any affiliate) (1) the Name Name; or (2) any part or portion of the Name, either alone or in combination with one or more other words. Seller warrants to Purchaser that it has taken all necessary action to protect the Name in the State of Michigan and agrees to take or cause to be taken any and all steps or actions that shall be or become permissible, proper, or convenient to enable or permit Purchaser to use the Name, or any portion of the Name, either alone or in combination with one or more other words, except as presently restricted. On It is contemplated that on or as soon as practicable after the Closing Date, Seller shall will terminate Seller’s 's interest in the Name. After the Closing Date, Seller agrees that it will not use the Name directly or indirectly, either alone or in combination with one or more other words, in or in connection with any business, activities, or operations that Seller directly or indirectly may carry on or conduct.. 6.6

Appears in 1 contract

Samples: Purchase and Sale of Business Assets (Americhip International Inc)

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