Trademarks; Names. From and after the Closing, Purchaser shall not, and shall ensure that its employees and representatives do not, represent itself or themselves as Parent or as employees or representatives of any of the Asset Selling Corporations. Purchaser shall take appropriate action to remove, cease to use and/or cover the “American Medical Systems” name and logo, and those certain names, logos and marks listed on Schedule 1.1(a) hereto, from all materials (including invoices, packaging and other promotional material), signage, telephone listings, letterhead, and other similar materials and documentation used in connection with the Conveyed Assets. The Asset Selling Corporations shall take appropriate action to remove, cease to use and/or cover the “Ovion” name and logo from all of its materials (including invoices, packaging and other promotional material), signage, telephone listings, letterhead, and other similar materials and documentation.
Trademarks; Names. From and after the Closing, Purchaser shall not, and shall ensure that its employees and representatives do not, represent itself or themselves as Seller or as employees or representatives of Seller. Purchaser shall take appropriate action to (a) remove, cease to use and/or cover the “Xxxxxxx Electronics” name and logo, and those certain names and marks listed on Schedule 3.10(a) hereto, from all materials (including invoices, packaging and other promotional material), signage, telephone listings, letterhead, and other similar materials and documentation used in connection with the Business, and (b) redesign and reformat any internet or website content used in connection with the Business to avoid any similarity or basis for confusion with Seller’s internet and website content. Notwithstanding the foregoing, for a period of three months following the Closing (or longer with Seller’s consent), Purchaser may continue to use packaging and other written promotional material included in the Conveyed Assets and existing as of the Closing in connection with the sale of finished goods Inventories, and Seller hereby grants to Purchaser a limited trademark license solely to the extent required for such use during such three-month period.
Trademarks; Names. From and after the Closing, Purchaser shall not, and shall ensure that its employees and representatives do not, represent itself or themselves as Parent or as employees or representatives of any of the Asset Selling Corporations. Purchaser shall (a) remove, cease to use and/or cover the “American Medical Systems” name and logo, and those certain names and marks listed on Schedule 1.1(b) hereto, from all materials (including invoices, packaging and other promotional material), signage, telephone listings, letterhead, and other similar materials and documentation used in connection with the Business, and (b) redesign and reformat any internet or website content used in connection with the Business to eliminate any reference to an Asset Selling Corporation, the “American Medical Systems” name and logo, or any trade names or trademarks listed on Schedule 1.1(b). Notwithstanding the foregoing, (x) as provided in the Transition Agreement, Purchaser may continue to use the “American Medical Systems” name in the labeling of Products delivered thereunder; and (y) for a period of six (6) months following the Closing, Purchaser may continue to use other packaging and written promotional material included in the Conveyed Assets and existing as of the Closing in connection with the sale of finished goods Inventories, and Parent hereby grants to Purchaser a limited trademark license solely to the extent required for such use during such period.
Trademarks; Names
