Examples of Licensed Mxxx in a sentence
Licensor makes no representation or warranty to the Company with respect to Licensor’s right to use and/or license the Licensed Mxxx.
The Company acknowledges and agrees that Licensor is the owner of all right, title, and interest in and to the Licensed Mxxx, and all such right, title, and interest shall remain with the Licensor.
The Company shall not have a right to sublicense the Licensed Mxxx except to a subsidiary and any sublicense shall terminate if such entity ceases to be a subsidiary of the Company.
In order to preserve the inherent value of the Licensed Mxxx, the Company agrees to use the Licensed Mxxx in a manner that maintains the quality of the Company’s business and the operation thereof equal to the standards prevailing as of the Effective Date in the operation of Licensor’s business.
All goodwill and reputation generated by the Company’s use of the Licensed Mxxx shall inure to the benefit of Licensor, and ownership of such goodwill shall rest in Licensor, and is otherwise hereby assigned by the Company, without need for any other action by any party.