Trademark Transition Sample Clauses

Trademark Transition. (a) BMS hereby grants to Sanofi a fully-paid, royalty-free, non-exclusive, non-sublicensable (except to its affiliates), non-transferable and non-assignable right and license to use BMS’s corporate names and logos currently used, as of the date hereof, in the operations of the alliance (the “BMS Brands”) for the purposes expressly set forth below in Section 7.1(b) until the Termination Date. All other uses by Sanofi and its Affiliates of BMS Brands not contemplated by Section 7.1(b) will be subject to BMS’s prior written consent, which consent may be withheld in BMS’s sole discretion.

Trademark Transition. 32 7.15 Sale of Retained Business Lines...............................................................33 7.16 Non-Competition...............................................................................33 7.17 Monthly Financial Statements..................................................................34 7.18 Title Insurance and Surveys...................................................................34 7.19 Litigation Support............................................................................35 7.20 Exclusivity...................................................................................35

Trademark Transition. To the extent that any trade name or trademark of any Seller or any of their Affiliates (other than those included in the Acquired Assets) in any form (the "Retained Names") appears on any business form, packaging, container, sign, building or other property included in the Acquired Assets, Sellers grant and/or confirm the grant by their Affiliates of a royalty-free license to Buyer to use the Retained Names on such Acquired Assets until removal can be effected or until such materials are used and exhausted; provided, however, that Buyer shall use commercially reasonable efforts to remove the Retained Names from all Acquired Assets in a timely fashion and shall cease, in any event, all use of the Retained Names no later than six months following the Closing Date, and except that Buyer may use the Retained Names for a period of twelve months following the Closing Date on all existing inventory and packaging included in the Acquired Assets. To the extent that any trade name or trademark included in the Acquired Intellectual Property appears on any inventory, packaging or sales, marketing or promotional materials not conveyed to Buyer under this Agreement, Buyer grants Sellers and their Affiliates a royalty-free license to use such Acquired Intellectual Property on such inventory, packaging or materials for a period of twelve months following the Closing Date.

Trademark Transition. Notwithstanding the foregoing, Nexus Staffing Specialists may continue until no later than April 30, 2016 to advise consumers that it was formerly known as “Nexus Staffing Specialists.”

Trademark Transition