Common use of TEN Marks Clause in Contracts

TEN Marks. Without limiting TFMC’s right to enforce the terms of this Agreement, TFMC shall not, and shall cause each other member of the TFMC Group to not, directly or indirectly: (a) assert any claim of right in or ownership of the TEN Marks, contest the validity or enforceability of the TEN Marks or challenge TEN’s right, title, interest in, or ownership of, the TEN Marks, its registrations therefor or TEN’s right to license the same; (b) interfere with, oppose or challenge any of TEN’s applications for or registrations of the TEN Marks (including domain name registrations) or interfere with, oppose or challenge the exploitation of the TEN Marks by or on behalf of TEN; (c) apply for, or assist or cause any other entity to apply for, the registration of any logo, symbol, trademark, service xxxx, company or corporate name, product name, domain name or commercial slogan that creates a likelihood of confusion with TEN’s use of the TEN marks, as permitted hereunder; or (d) intentionally take any action that would have a material adverse effect on the value, reputation or goodwill of the TEN Marks or tarnish the TEN Marks or materially harm TEN’s valuable goodwill in the TEN Marks.

Appears in 4 contracts

Samples: Coexistence and Trademark Matters Agreement (Technip Energies N.V.), Coexistence and Trademark Matters Agreement (TechnipFMC PLC), Coexistence and Trademark Matters Agreement (Technip Energies B.V.)

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