Common use of Use of Seller Marks Clause in Contracts

Use of Seller Marks. Buyer acknowledges and agrees that it obtains no right, title, interest, license, or any other right whatsoever to use the Seller Marks. Buyer shall, within ninety (90) days after the Closing Date, remove the Seller Marks from the Company Assets, including signage, and provide written verification thereof to Seller promptly after completing such removal. Buyer agrees never to challenge Seller’s (or its Affiliates’) ownership of the Seller 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 Companies. Buyer will not do any business or offer any goods or services under the Seller Marks. Buyer will not send, or cause to be sent, any correspondence or other materials to any Person on any stationery that contains any Seller Marks or otherwise operate the Companies 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 Seller Marks.

Appears in 2 contracts

Samples: Membership Interest Purchase and Sale Agreement, Membership Interest Purchase and Sale Agreement (Constellation Energy Partners LLC)

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Use of Seller Marks. Buyer acknowledges and agrees that it obtains no right, title, interest, license, license or any other right whatsoever to use the Seller Marks. Buyer shall, within ninety sixty (9060) days after the Closing Date, remove the Seller Marks from the Company Assets, including signage, and provide written verification thereof to Seller Sellers promptly after completing such removal. Buyer agrees never to challenge Seller’s Sellers’ (or its their Affiliates’) ownership of the Seller Marks or any application for registration thereof or any registration thereof or any rights of Seller Sellers or its their Affiliates therein as a result, directly or indirectly, of its ownership of the CompaniesCompany Assets. Buyer will not do any business or offer any goods or services under the Seller Marks. Buyer will not send, or cause to be sent, any correspondence or other materials to any Person on any stationery that contains any Seller Marks or otherwise operate the Companies Company Assets 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 Seller Marks.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Sanchez Production Partners LP), Purchase and Sale Agreement

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Use of Seller Marks. Buyer acknowledges and agrees that it obtains no right, title, interest, license, license or any other right whatsoever to use the Seller Marks. Buyer shall, within ninety sixty (9060) days after the Closing Date, remove or cover the Seller Marks from the Company Assets, including signage, and provide written verification thereof to Seller promptly after completing such removal. Buyer agrees never to challenge Seller’s (or its Affiliates’) ownership of the Seller 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 CompaniesCompany. Buyer will not do any business or offer any goods or services under the Seller Marks. Buyer will not send, or cause to be sent, any correspondence or other materials to any Person on any stationery that contains any Seller Marks or otherwise operate the Companies 45 Company 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 Seller Marks.

Appears in 1 contract

Samples: Membership Interest Purchase and Sale Agreement (Sanchez Midstream Partners LP)

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