Examples of GCP Business in a sentence
The parties agree that they have a community of interest with respect to enforcing the Xxxxx Xxxxx within the GCP Business during the relevant Phase-Out Period Terms defined in Section 2.06.
GCP may extend this license to an Affiliate (provided that such Affiliate(s) do not conduct business within the Grace Business) to the extent necessary for the Affiliate to conduct the GCP Business (but any such extension shall terminate in the event such person ceases to be an Affiliate of GCP).
GCP shall use the Xxxxx Xxxxx only in a manner in conformity with the practices of the GCP Business prior to the Effective Date, and only in a manner that does not harm or disparage Grace or its respective Affiliates or the reputation or goodwill in connection with GRACE.
Following such expiration, each Party will be deemed to have a paid-up, irrevocable, fully transferrable non-exclusive license to use the Background Information of the other Party solely within its respective GCP Business or Grace Business.
The manner of use of, and appropriate markings and notices for, the Xxxxx Xxxxx in or on labels, packaging, documentation, advertisements and the like shall be of substantially the same quality as used by the GCP Business as of the Effective Date and shall be approved by Grace prior to use by GCP, which approval shall not be unreasonably withheld or delayed.
In the event that Grace elects not to renew any Xxxxx Xxxxx used in the GCP Business during the term of this Agreement, Grace will provide GCP no less than ninety (90) days’ written notice of its intention not to renew, and the cost of renewal, and GCP shall have the right, but not the obligation, to instruct Grace to renew, and Grace shall renew at GCP’s expense.
GCP shall inform Grace of any infringement of the Xxxxx Xxxxx in the GCP Business, or a third party application or registration of a xxxx that is confusingly similar to a Xxxxx Xxxx that comes to its attention at any time during the applicable Terms of this Agreement as set forth in Section 2.06 and which infringement or third party application or registration relates to and conflicts with the GCP Business.
Any GCP products manufactured, sold or distributed, or services offered under the Xxxxx Xxxxx must be of substantially the same quality as relevant products sold and services offered by the GCP Business as of the Effective Date to comply with the quality standards of this Agreement.
In the event Amex declines to participate, for the purposes of soliciting such renewal, expansion or prospective relationship only, GBT Holdco may partner with a provider of products or services similar to those offered by the GCP Business of its choosing, subject to the terms of this Agreement; provided, however, that the foregoing may be further modified under the Joint Client Support Plan.
BTAConnect shall be the sole and exclusive tool that GBT Holdco shall use for the servicing and reconciliation of any travel account of any Joint Client that utilizes a GCP Business travel account in a country or jurisdiction where BTAConnect is available.