Common use of SIXTEENTH Clause in Contracts

SIXTEENTH. The Distributor, as the owner of the registered service mark "Lexington" (registratixx xumber 836-088), hereby sublicenses and authorizes the Fund to include the word "Lexington" as part of its corporate name, subject, however, to revocation by the Distributor in the event that the Fund ceases to engage the Distributor or affiliates of the Distributor as investment advisor or distributor. The Fund agrees upon demand of the Distributor to change its corporate name to delete the word "Lexington" therefrom.

SIXTEENTH. The Distributor, as the owner of the registered service mark "Lexington" (registratixx xumber registration xxxber 836-088), hereby sublicenses and authorizes the Fund to include the word "Lexington" as part of its corporate name, subject, however, to revocation by the Distributor in the event that the Fund ceases to engage the Distributor or affiliates of the Distributor as investment advisor or distributor. The Fund agrees upon demand of the Distributor to change its corporate name to delete the word "Lexington" therefrom.

SIXTEENTH. The Distributor, as the owner of the registered service mark "Lexington" (registratixx xumber registratiox xxmber 836-088), hereby sublicenses and authorizes the Fund to include the word "Lexington" as part of its corporate name, subject, however, to revocation by the Distributor in the event that the Fund ceases to engage the Distributor or affiliates of the Distributor as investment advisor or distributor. The Fund agrees upon demand of the Distributor to change its corporate name to delete the word "Lexington" therefrom.