Examples of Marked Materials in a sentence
In addition, the Purchaser shall grant an irrevocable, nonexclusive license to the Seller, effective until such time as the Purchaser shall have paid to the Seller all of the Minimum Earn Out payment, to use the Seller’s Marks on the Marked Materials in relation to the Seller’s sales and marketing of telecommunications and networking equipment and services, without restriction based on territory or product.
The Purchaser shall grant an irrevocable, license to the Seller, exclusive within North America and any additional territory of exclusivity under the Partner Contract, to use the Seller’s Marks on stationery, equipment, web, invoices, receipts, forms, packaging, advertising and promotional materials, products, software or like materials (the "Marked Materials") after Closing, in relation to the sales and marketing of the existing IP Gear, Ltd.
At the end of the Phase-out Period, the Company shall have re-labelled, destroyed or exhausted all Marked Materials.
Within 13 months after the Closing Date, the Company shall provide evidence reasonably satisfactory to Transferor that all Marked Materials have been used or destroyed.
Company, at Company’s sole discretion, shall have the right to review the Marked Materials submitted by Precision to confirm compliance with this Agreement.