Examples of ITT Hartford Business in a sentence
For purposes of this Section 2.05, expansion of license rights shall mean a right to use the ITT Name and/or the ITT Marks: (i) within the scope of the ITT Hartford Business and/or ITT Hartford Expanded Business by an ITT Hartford Sublicensee after it ceases to be a Subsidiary of ITT Hartford; or (ii) outside or within the scope of the ITT Hartford Business or ITT Hartford Expanded Business by ITT Hartford or the ITT Hartford Sublicensees if a Change of Control of ITT Hartford occurs.
The determination of whether or not legal action shall be taken in any case shall lie exclusively with and at the sole discretion of Licensor, except that if such adverse use is in the same field of activity as the ITT Hartford Business, ITT Hartford may, by such notice, require that Licensor institute and reasonably pursue legal action.
In the event ITT Hartford and/or ITT Hartford Sublicensees shall abandon their use of the ITT Name or one or more of the ITT Marks for all or a portion of the ITT Hartford Business, then the scope of the exclusive rights granted in Sections 2.01, 2.02 and 2.05 with respect to such abandoned ITT Name or ITT Marks shall be reduced by an amount equal to the scope of the ITT Hartford Business so abandoned.
ITT Corporation is willing to formally grant a license to ITT Hartford, with the right to grant certain sublicenses to ITT Hartford Subsidiaries, to continue to use the ITT name and marks in connection with conducting the ITT Hartford Business and otherwise as set forth herein.
Licensor agrees not to grant a license during the Phaseout Period to any third party after any termination of this License Agreement to use the ITT Name or the ITT Marks in the field of activity of the ITT Hartford Business, except in the case of an abandonment as specified in the last sentence of Section 2.06 herein.
During such five (5) year period, Licensor and its Subsidiaries shall have the right to revive its use and 7 8 license the use of the ITT Name and/or the ITT Marks on a paid-up, royalty-free, exclusive, worldwide basis (exclusive of the ITT Industries Design Mark) xx an exclusive basis for the ITT Destinations Business, and a nonexclusive basis for any businesses not included in the ITT Industries Business or the ITT Hartford Business.
However, in no event shall such license be interpreted to extent to include any of the fields of the 1995 ITT Industries Business or the 1995 ITT Hartford Business.
Neither ITT Enterprises, nor any of the ITT Enterprises Sublicensees shall use the ITT Name or ITT Marks for any product or service, or with or for any entity, in the ITT Destinations Business or the ITT Hartford Business.
Other than as specifically set forth 18 19 herein, neither Party, nor any of their Subsidiaries makes any representations or warranties including, without limitation, any statement with respect to the validity, enforceability or coverage of the ITT Name and ITT Marks, with or without respect to the ITT Hartford Business or the ITT Hartford Expanded Business.
Nothing in this Article III shall be construed to restrict the right of ITT World Directories to use or license (subject to Section 3.02) any retained Intellectual Property in any field of business, except in the fields of the 1995 ITT Hartford Business, the 1995 ITT Industries Business, and the 1995 ITT Destinations Business (exclusive of the Retained Business).