Transfer of Name. From and after the Closing, Buyer shall own the rights of Seller in and to the names "Status Recognition Unit System I", "Station Translation System", "STS", "Trax OSN", "Site Alert", "On-Site Notification", "Data Base Management Software", and "Telident". Notwithstanding the above, Buyer will grant to Seller a limited right to use the name "Telident" for purposes of Seller's dissolution and winding down.
Transfer of Name. At the Closing, USG and the USG Shareholders ---------------- shall convey, transfer and assign to Griptec all of their rights, title and interest in and to the name "U.S. Grips", including all registrations and pending registrations related thereto.
Transfer of Name. 6.3.1 Heidrick hereby transfers to Leaders, and Leaders hereby accepts, all right, title and interest in and to the name, trademark and service xxxx "LeadersOnline" (collectively, the "Xxxx") From and after the date hereof, Leaders will be the owner of the Xxxx.
6.3.2 In consideration of the transfer of the Xxxx, Leaders shall pay to Heidrick a continuing royalty fee (the "Royalty") equal to 3% of the gross revenues of Leaders and its affiliates from any and all sources during the term of this Agreement and thereafter for so long as Leaders is using the Xxxx. Xxxxx revenues shall be computed in accordance with generally accepted accounting principles consistently applied. The Royalty shall be payable by Leaders to Heidrick quarterly, within 30 days after the end of each calendar quarter during the term of this Agreement. Each payment shall be accompanied by a statement of Leaders' gross revenues, certified by the President or Chief Financial Officer of Leaders. Heidrick shall have the right during normal business hours, upon reasonable notice to Leaders and without interfering with Leaders' business operations, to inspect and audit, or cause to be inspected and audited, the business records of Leaders to confirm the gross revenues of Leaders. If the inspection or audit discloses an understatement of gross revenues by five percent (5%) or more, Leaders shall reimburse Heidrick for the reasonable costs of such inspection or audit, in addition to the understated amount, within 30 days after completion of such inspection or audit.
6.3.3 Leaders hereby agrees to defend, indemnify and hold harmless Heidrick from and against any and all claims, damages, liabilities, costs and expenses, including reasonable attorneys' fees, arising out of Leaders' use of the Xxxx.
Transfer of Name. At the Closing, the Partnership, Mehlxxx xxx Talus shall deliver to the Purchaser a written consent duly executed by each of the Partnership, Talus and Mehlxxx xxxdencing its or his consent to the use by the Purchaser and any subsidiaries, affiliated companies or assigns of the Purchaser of all names currently used in the conduct of the Virginia Business and all variants thereof.
Transfer of Name. At the later of the time Hearing Health dissolves or otherwise ceases the business use of (which shall not be later than 180 days after such dissolution) the names "Hearing Health Services" and "Audio-Vestibular Testing Center," Hearing Health shall cause such names to be transferred and conveyed to Buyer without further consideration.
Transfer of Name. The Company hereby agrees with the Majority Stockholder that upon the filing of the Certificate of Dissolution, all rights of the Company in and to the name "Inovision Corporation" shall be transferred to the Company's designee, Hilltop Ventures, Inc. pursuant to an assignment reasonably satisfactory to the Majority Shareholder.
Transfer of Name. Seller shall secure and transfer to Buyer all of the rights in the name "X.X Xxxxxxx & Associates, Inc.," owned by Seller including but not limited to any trademark registration or application for such name.
Transfer of Name. Within five (5) days after the Closing Date, Seller shall prepare and file an amendment to its Articles of Incorporation changing Seller's name and changing Seller No. 2's name. Seller agrees not to use the name "Technology Integration Financial Services", "T.I.F.S. Advisory Services, Inc." or any derivation thereof after the Closing Date in connection with any business, except as provided herein.
Transfer of Name. Upon the cessation of the usage by the Buyer or its affiliates of the name "Media Express", Buyer shall grant to Sellers a fully-paid, royalty-free license to use the name "Media Express", provided that Sellers shall only use the name "Media Express" in connection with a business that is not related to or in competition with Buyer, the Business, the Company or the Affiliates.
Transfer of Name. Prior to Closing, Seller shall transfer, convey and assign, or cause to be transferred, conveyed and assigned, to the Partnership all of Seller's right, title and interest to the name "PCS One", including all trademarks and trademark registrations related to such name.
