Store Names. Holdings affirms as of (i) the Original Execution Date, that it had no, (ii) the date hereof, that it has no, and (iii) the Closing, it will not have any, present intention to change the names of any of the Company's present stores other than in the Seattle, Washington and Portland, Oregon metropolitan areas, and agrees that for a period of two years from the Effective Time, Holdings will not, and will not permit its Subsidiaries to, change the names of the Company's present stores in the Chicago, Illinois metropolitan area; provided, that Holdings' obligations under this Section 6.13 shall cease upon a significant change in the ownership of Holdings and are generally subject to Holdings' Board of Directors' fiduciary duties. Section 6.14
Store Names a. Use of Store Name. Outlet Stores shall operate the Stores only under the Store Names written in styles and typefaces and accompanied by logos and symbols only as specifically authorized by Sears in writing. Sears hereby approves the logos used by Outlet Stores as of the Effective Date. Outlet Stores shall use the full Store Name on all stationery, business cards, signage, sales receipts, vehicles for Store use, Store fronts, advertising and correspondence with or to customers and potential customers of the Store unless otherwise authorized by Sears in writing. Outlet Stores may use any of the Store Names (but not the SEARS Service Xxxx alone) as Outlet Stores’ company name or fictitious business name on checks, check blanks and bank accounts used solely for the operation of the Stores. Notwithstanding the foregoing, Outlet Stores may use the SEARS Service Xxxx alone (i.e., not as part of a Store Name) as an abbreviated version of the Store Name only on the primary signage-outside the Store and the inventory of in-store signage and point of purchase material in the possession of Outlet Stores on the Effective Date, provided, however, that Outlet Stores shall post signs as required by Section 3.1(b) below.
Store Names
