Common use of Use of Seller’s Name Clause in Contracts

Use of Seller’s Name. Buyer agrees that, as soon as practicable after the Closing, it shall remove or cause to be removed the names and signs used by Seller, and all variations and derivatives thereof and logos relating thereto from the Properties and shall not thereafter make any use whatsoever of such names, signs, and logos. After Closing and as to those Properties Buyer has taken over as operator, Seller reserves the right of access to confirm that Buyer has removed Seller's name, signs, and logos. If Seller is forced to remove its name, signs, and logos because Buyer has failed to do so, Seller shall charge its costs to Buyer and Buyer shall pay Seller's invoice within fifteen (15) days of receipt.