Common use of Use of Enron Marks Clause in Contracts

Use of Enron Marks. Enron Marks will appear on some of the assets of the LLCs, including on signage at the Facilities, and on supplies, materials, stationery, brochures, advertising materials, manuals and similar consumable items of the LLCs. Buyer acknowledges and agrees that it obtains no right, title, interest, license, or any other right whatsoever to use the Enron Marks. Buyer shall, (i) within ninety days after the Closing Date, remove the Enron Marks from the assets of the LLCs, including signage at the Facilities, and provide written verification thereof to Seller promptly after completing such removal and (ii) within two weeks after the Closing Date, return or destroy (with proof of destruction) all other assets of the LLCs that contain any Enron Marks that are not removable. Buyer agrees never to challenge Seller's (or its Affiliates') ownership of the Enron Marks or any application for registration thereof or any registration thereof or any rights of Seller or its Affiliates therein as a result, directly or indirectly, of its ownership of the LLCs. Buyer will not do any business or offer any goods or services under the Enron Marks. Buyer will not send, or cause to be sent, any correspondence or other materials to any Person on any stationery that contains any Enron Marks or otherwise operate the LLCs in any manner which would or might reasonably be expected to confuse any Person into believing that Buyer has any right, title, interest, or license to use the Enron Marks.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Allegheny Energy Inc), Purchase and Sale Agreement (Allegheny Energy Inc), Purchase and Sale Agreement (Allegheny Energy Supply Co LLC)

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