Common use of Use of Retained Marks in Transferred Technology Clause in Contracts

Use of Retained Marks in Transferred Technology. The Sellers and the Buyer will cooperate and use reasonable commercial efforts to provide to the Buyer for inclusion in its web site, as promptly as practicable following the Closing, all text, images and other content contained in all web sites relating exclusively or primarily to the Business maintained by the Sellers (or their Affiliates). Subject to the provisions of Section 6.6 hereof, prior to including any such text, images or other content in its web site, the Buyer shall remove all references to the Retained Marks from any such text, images or other content. The Sellers (or their Affiliates) shall retain ownership of all domain names containing the term “PAR” and neither the Buyer nor any of its Affiliates shall have any right or license to any such domain name. To the extent the Business utilized any internet protocol address space allocated to the Sellers, such internet protocol address space shall remain the property of the Sellers, and no rights or licenses are granted to the Buyer with respect thereto.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Par Technology Corp), Asset Purchase and Sale Agreement (ORBCOMM Inc.)

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Use of Retained Marks in Transferred Technology. The Sellers and the Buyer will cooperate and use reasonable commercial efforts to provide to the Buyer for inclusion in its Buyer’s web site, as promptly as practicable following the Closing, all text, images and other content contained in all web sites relating exclusively or primarily to the Business maintained by the Sellers (or their Affiliates)) substantially in the form existing as of the date hereof or the Closing Date. Subject to the provisions of Section 6.6 hereof10.3, prior to including any such text, images or other content in its web site, the Buyer shall remove all references to the Retained Marks from any such text, images or other content. The Sellers (or their Affiliates) shall retain ownership of all domain names containing employing the term name PARPinnacle”, “Pinnacle Systems” and “Pinnaclesys” and neither the Buyer nor any of its Affiliates shall have any right or license to any such domain name. To the extent the Business utilized any internet protocol address space allocated to the Sellers, such internet protocol address space shall remain the property of the Sellers, and no rights or licenses are granted to the Buyer with respect thereto.

Appears in 1 contract

Samples: Asset Purchase Agreement (Hauppauge Digital Inc)

Use of Retained Marks in Transferred Technology. The Sellers Seller and the Buyer will cooperate and use reasonable commercial efforts efforts, subject to any rights of third parties in such text, images and other content, to provide to the Buyer for inclusion in its web site, as promptly as practicable following the Closing, all text, images and other content contained in all web sites relating exclusively or primarily to the Business maintained by the Sellers Seller (or their its Affiliates). Subject to the provisions of Section 6.6 hereof, prior Prior to including any such text, images or other content in its web site, the Buyer shall remove all references to the Retained Marks from any such text, images or other content. The Sellers Seller (or their its Affiliates) shall retain ownership of all domain names containing employing the term “PAR” name "IDX" and neither the Buyer nor any of its Affiliates shall have any right or license to any such domain name. To the extent the Business utilized any internet protocol address space allocated to the SellersSeller, such internet protocol address space shall remain the property of the SellersSeller, and no rights or licenses are granted to the Buyer with respect thereto.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Spheris Leasing LLC)

Use of Retained Marks in Transferred Technology. The Sellers Seller and the Buyer will cooperate and use reasonable commercial efforts efforts, subject to any rights of third parties in such text, images and other content, to provide to the Buyer for inclusion in its web site, as promptly as practicable following the Closing, all text, images and other content contained in all web sites relating exclusively or primarily to the Business maintained by the Sellers Seller (or their its Affiliates). Subject to the provisions of Section 6.6 hereof, prior Prior to including any such text, images or other content in its web site, the Buyer shall remove all references to the Retained Marks from any such text, images or other content. The Sellers Seller (or their its Affiliates) shall retain ownership of all domain names containing employing the term name PARIDX” and neither the Buyer nor any of its Affiliates shall have any right or license to any such domain name. To the extent the Business utilized any internet protocol address space allocated to the SellersSeller, such internet protocol address space shall remain the property of the SellersSeller, and no rights or licenses are granted to the Buyer with respect thereto.

Appears in 1 contract

Samples: Stock Purchase and Sale Agreement (Idx Systems Corp)

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Use of Retained Marks in Transferred Technology. The Sellers and the Buyer will cooperate and use commercially reasonable commercial efforts to provide to the Buyer for inclusion in its web site, as promptly as practicable following the Closing, all text, images and other content contained in all web sites relating exclusively or primarily to the Business contained in any web site maintained by the Sellers (or their Affiliates). Subject to the provisions of Section 6.6 10.4 hereof, prior to including any such text, images or other content in its web site, the Buyer shall remove all references to the Retained Marks from any such text, images or other content. The Sellers (or their Affiliates) shall retain ownership of all of their domain names containing names, including those employing the term name PAR” Analog”, and neither the Buyer nor any of its Affiliates shall have any right or license to any such domain name. To the extent the Business utilized any internet protocol address space allocated to the Sellers, such internet protocol address space shall remain the property of the Sellers, and no rights or licenses are granted to the Buyer with respect thereto.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Analog Devices Inc)

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