Splitting Multiclass Trademarks Sample Clauses

Splitting Multiclass Trademarks. Licensor agrees to cooperate with Licensee, at Licensee's initiative and expense, to attempt to cause the registrations for Food & Beverage Trademarks included in the Multiclass Trademarks to be split into two (2) registrations, one of which covers only Food Classes (unless such separate registration, if assigned to the LLC, would constitute an Associated Food Trademark or a Non-Recognition Food Trademark). If any such Multiclass Trademark cannot be split into two (2) registrations, Licensor shall apply for a new registration covering only the Food Classes included in such Multiclass Trademark. Upon the issuance of such new registration, Licensor shall cancel so much of the Multiclass Trademark as is covered by the new registration and assign and contribute the new registration to the LLC. Such Multiclass Trademark will then be removed from the Trademarks subject to this Agreement, with all classes other than Food Classes belonging exclusively to Licensor and Licensee having no rights therein or thereto.
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Related to Splitting Multiclass Trademarks

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