Suits Related to Licensed Marks Sample Clauses

Suits Related to Licensed Marks. 7.2.1 Xxxxx Holdings, at its sole cost and expense, may institute and prosecute infringement actions or similar proceedings with respect to the unauthorized use or infringement of any of the Licensed Marks or Trump’s likeness by any third party or any act of unfair competition by any third party relating to any of the Licensed Marks or Trump’s likeness. In such event, Xxxxx shall fully cooperate with Xxxxx Holdings, at Xxxxx Holdings’ sole cost and expense, in the prosecution of such actions and shall, if requested by Xxxxx Holdings, and at Xxxxx Holdings’ sole cost and expense, join with Xxxxx Holdings as a party to any action brought by Xxxxx Holdings for such purpose. Any recovery as a result of any such infringement or other action instituted by Xxxxx Holdings with respect to the unauthorized use or infringement of any of the Licensed Marks or Trump’s likeness by any third party or any act of unfair competition by any third party relating to any of the Licensed Marks or Trump’s likeness, shall belong solely to Xxxxx Holdings, except that Xxxxx shall have the right to recover from such third party losses and damages suffered as a direct consequence of such infringement or other action. Should Xxxxx Holdings fail to take action within ninety (90) days of receiving notice thereof (or otherwise notifies Xxxxx of its intent not to take action), Xxxxx may, at Trump’s expense, bring such action or proceeding and shall be entitled to any recovery therefrom.
AutoNDA by SimpleDocs
Suits Related to Licensed Marks. 7.2.1 Company, at its sole cost and expense, may, but shall not be obligated to, institute and prosecute infringement actions or similar proceedings with respect to the unauthorized use or infringement of any of the Licensed Marks by any third party or any act of unfair competition by any third party relating to any of the Licensed Marks. In such event, Trump shall fully cooperate xxxx Company in the prosecution of such actions and shall, if requested by Company and at Company's expense, join with Company as a party to any action brought by Company for such purpose. Any recovery as a result of any such infringement or other action instituted by Company with respect to the unauthorized use or infringement of any of the Licensed Marks by any third party or any act of unfair competition by any third party relating to any of the Licensed Marks, shall belong solely to Company, except that Trump shall have the right xx xxcover from such third party losses and damages suffered as a direct consequence of such infringement or other action. Should Company fail to take any action within ninety (90) days of receiving notice thereof (or otherwise notifies Trump of its intent not to xxxx any action), Trump may at Trumx'x xxpense, bring such action or proceeding and shall be entitled to any recovery therefore.
Suits Related to Licensed Marks. 6.2.1. Any of the Licensee Entities, at its sole cost and expense, may institute and prosecute infringement actions or similar proceedings with respect to the unauthorized use or infringement of any of the Licensed Marks or the DJT/Ivanka Likenesses/Images by any third party or any act of unfair competition by any third party relating to any of the Licensed Marks or the DJT/Ivanka Likenesses/Images, in each case to the extent the third-party products or services (i) directly relate to Casino and Gaming Activities in the Restricted Territories as they pertain to and are conducted at the Casino Properties and (ii) are likely to result in brand confusion with respect to the Licensed Marks or the DJT/Ivanka Likenesses/Images within the Restricted Territories. In such event, the applicable Xxxxx Party shall reasonably cooperate with Xxxxx Holdings, at Xxxxx Holdings’ sole cost and expense, in the prosecution of such actions and shall, if requested by Xxxxx Holdings, and at Xxxxx Holdings’ sole cost and expense, join with Xxxxx Holdings as a party to any action brought by Xxxxx Holdings for such purpose. Any recovery as a result of the prosecution of such actions shall belong solely to Xxxxx Holdings (solely to the extent such recovery relates to third-party products and services as described in clauses (i) and (ii) above), except that the applicable Xxxxx Party shall have the right to recover from such third party any losses and damages suffered by such Xxxxx Party as a direct consequence of such infringement or other action. Should Xxxxx Holdings fail to take action within ninety (90) days of receiving notice thereof (or otherwise notifies the applicable Xxxxx Party of its intent not to take action), such Xxxxx Party may, at its expense, bring such action or proceeding and shall be entitled to any recovery therefrom.

Related to Suits Related to Licensed Marks

  • Covenants Relating to Patents and Trademarks (i) (A) Continue to use each Material Trademark in full force free from any claim of abandonment for non-use, unless such Material Trademark is abandoned or no longer used in the ordinary course of business, (B) maintain as in the past the quality of products and services offered under such Material Trademark, (C) employ such Material Trademark with the appropriate notice of registration, (D) not adopt or use any xxxx which is confusingly similar or a colorable imitation of such Material Trademark unless the Administrative Agent, for the ratable benefit of the Lenders, shall obtain a perfected security interest in such xxxx pursuant to this Security Agreement, and (E) not (and not permit any licensee or sublicensee thereof to) do any act or knowingly omit to do any act whereby any such Material Trademark may become invalidated.

  • Covenants Relating to Copyrights (i) Employ the Copyright for each material Work with such notice of copyright as may be required by law to secure copyright protection.

  • Ownership of Intellectual Property Rights 1. 3. 1. Your only right to use the Software is by virtue of this License and you acknowledge that all intellectual property rights in or relating to the Software and all parts of the Software are and shall remain the exclusive property of Traction Software Limited or its licensors.

  • Grant of License to Use Intellectual Property For the purpose of enabling the Notes Collateral Agent to exercise rights and remedies under this Agreement at such time as the Notes Collateral Agent shall be lawfully entitled to exercise such rights and remedies, each Grantor shall, upon request by the Notes Collateral Agent at any time after and during the continuance of an Event of Default, grant to the Notes Collateral Agent an irrevocable (until the termination of the Indenture) nonexclusive license (exercisable without payment of royalty or other compensation to the Grantors) to use, license or sublicense any of the Collateral now owned or hereafter acquired by such Grantor, and wherever the same may be located, and including in such license reasonable access to all media in which any of the licensed items may be recorded or stored and to all computer software and programs used for the compilation or printout thereof; provided, however, that nothing in this Section 3.03 shall require Grantors to grant any license that is prohibited by any rule of law, statute or regulation or is prohibited by, or constitutes a breach or default under or results in the termination of any contract, license, agreement, instrument or other document evidencing, giving rise to or theretofore granted, to the extent permitted by the Indenture, with respect to such property; provided, further, that such licenses to be granted hereunder with respect to Trademarks shall be subject to the maintenance of quality standards with respect to the goods and services on which such Trademarks are used sufficient to preserve the validity of such Trademarks. The use of such license by the Notes Collateral Agent may be exercised, at the option of the Notes Collateral Agent, during the continuation of an Event of Default; provided that any license, sublicense or other transaction entered into by the Notes Collateral Agent in accordance herewith shall be binding upon the Grantors notwithstanding any subsequent cure of an Event of Default.

  • Covenants Relating to Conduct of Business During the period from the date of this Agreement and continuing until the Closing Date, the Shareholders and the Corporation, jointly and severally, covenant and agree that (except as expressly contemplated or permitted by this Agreement, or to the extent that the Company shall otherwise consent in writing):

  • Use of Intellectual Property The Adviser grants to the Sub-Adviser a sublicense to use the trademarks, service marks, logos, names, or any other proprietary designations of the Adviser (“AdvisorShares Marks”) on a non-exclusive basis. The Sub-Adviser will acquire no rights in the AdvisorShares Marks, and all goodwill of the AdvisorShares Marks shall inure to and remain with the Adviser. The Sub-Adviser agrees that neither it, nor any of its affiliates, will knowingly in any way refer directly or indirectly to its relationship with the Trust, the Fund(s), the Adviser or any of their respective affiliates or use AdvisorShares Marks in offering, marketing or other promotional materials without the prior express written consent of the Adviser, which approval will not be unreasonably withheld or delayed, except as required by rule, regulation or upon the request of a governmental authority. Notwithstanding the forgoing, the Sub-Adviser and its affiliates may, without obtaining the Adviser’s prior approval, refer directly or indirectly to its relationship with the Trust, the Fund(s), the Adviser or any of their respective affiliates and use AdvisorShares Marks in offering, marketing or other promotional materials provided that such materials were previously approved by the Adviser and remain in substantially the same form.

  • License of Intellectual Property Each Party (a “Licensor”) grants the other Party (a “Licensee”) the non-exclusive, royalty-free, paid-up, worldwide, irrevocable, right, during the term of this Agreement, to use the Licensor’s Intellectual Property solely for the purposes of this Agreement and to carry out the Party’s functions consistent with its responsibilities and authority as set forth in the enable legislation and regulations. Such licenses shall not give the Licensee any ownership interest in or rights to the Intellectual Property of the Licensor. Each Licensee agrees to abide by all third-party license and confidentiality restrictions or obligations applicable to the Licensor’s Intellectual Property of which the Licensor has notified the Licensee in writing.

Time is Money Join Law Insider Premium to draft better contracts faster.