The Licensed Marks Clause Samples
The "Licensed Marks" clause defines the specific trademarks, service marks, or logos that are being licensed to the other party under the agreement. It typically lists or describes the exact marks covered, clarifies their ownership, and may set out any limitations on their use, such as approved formats or contexts. By clearly identifying which marks are included, this clause ensures both parties understand the scope of the license and helps prevent unauthorized or unintended use of intellectual property.
The Licensed Marks. A. Licensee shall not join any name or names with the Licensed Marks so as to form a new ▇▇▇▇ without the prior written consent of Licensor, which shall not be unreasonably withheld. Licensee acknowledges the validity of the Licensed Marks, the secondary meaning associated with the Licensed Marks and the rights of Licensor with respect to the Licensed Marks in the Territory in any form or embodiment thereof and the goodwill attached or which shall become attached to the Licensed Marks in connection with the business and goods in relation to which the same has been, is or shall be used. Sales by Licensee shall be deemed to have been made by Licensor for purposes of trademark registration and all uses of the Licensed Marks by Licensee shall inure to the benefit of Licensor. Licensee shall not, at any time, do or suffer to be done, any act or thing which may in any way adversely affect any rights of Licensor in and to the Licensed Marks or any registrations thereof or which, directly or indirectly, may reduce the value of the Licensed Marks or detract from their reputation. Licensee will use its best efforts to distribute Licensed Products in the proper channels comparable to those of the brands outlined in Article 7 A (i) herein.
B. At Licensor's request, Licensee shall execute any documents, including Registered User Agreements, reasonably required by Licensor to confirm the respective rights of Licensor in and to the Licensed Marks in each jurisdiction in the Territory and the respective rights of Licensor and Licensee pursuant to this Agreement. Licensee shall cooperate with Licensor, in connection with the filing and the prosecution by Licensor of applications to register or renew the Licensed Marks in International Class 3 for Licensed Products sold hereunder in each jurisdiction in the Territory where Licensee has reasonably requested the same. Such filings and prosecution outside the U.S. shall be in the name of Mr. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ or Licensor, as Licensor shall so decide, the expense of which will be fully paid by Licensor. Nothing contained herein shall obligate Licensor to prosecute any trademark application outside the U.S. which is opposed or rejected in any country after the application is filed, provided, however, that any such prosecution shall go forward if (a) Licensee requests same; (b) Licensee and Licensor share the costs for same directly; and (c) such prosecution is in Licensor's name and directed by Licensor. Licensor shall cooperate fu...
The Licensed Marks. MW is the owner of the Licensed Marks and has the right, power and authority to license Monogram and authorized designees to use the Licensed Marks as set forth in SECTION 5.15 hereof and the use of the Licensed Marks by Monogram or said designees in a manner approved (or deemed approved) by MW shall not (i) violate any applicable Federal, state or local law, rule or regulation or (ii) infringe upon the right(s) of any third party. MW shall execute such documents as Monogram reasonably may request from time to time to ensure that right, title and interest in the Licensed Marks resides in MW.
The Licensed Marks