Trademark Subsidiaries Sample Clauses

The 'Trademark Subsidiaries' clause defines how trademarks owned or controlled by subsidiary companies are treated within the context of an agreement. It typically clarifies whether the rights, licenses, or obligations related to trademarks extend to those held by subsidiaries of the main contracting party. For example, if a parent company licenses a trademark to another party, this clause would specify if trademarks registered under its subsidiaries are also included. The core function of this clause is to ensure clarity regarding the scope of trademark rights and obligations, preventing disputes over whether subsidiary-held trademarks are covered by the agreement.