Examples of Purchased Marks in a sentence
Seller retains the right to use the Purchased Marks for factual historical purposes or where such use constitutes fair use.
According to the MoU, in the implementation of the entrusted projects, while the HS will observe and comply with the URAO and the Urban Renewal Strategy and will follow the prevailing policies of the URA on acquisition and compensation, the HS is autonomous in the other aspects of the projects, including project planning, construction, promotion, marketing and sale or letting or other form of disposal of the premises in the new developments.
Seller, Parent, and their Affiliates (A) shall use the Purchased Marks during the Transitional Period only in the same form and manner as they were used in the Business immediately prior to the Closing, (B) shall not modify the Purchased Marks or any Business Materials containing the Purchased Marks in any respect and (C) at Buyer’s reasonable request, shall provide appropriate documentation to confirm compliance with the foregoing.
Seller, Parent, and their Affiliates agree that all goodwill arising from any use of the Purchased Marks by Seller, Parent, or any of their Affiliates will inure solely to the benefit of Buyer and its Affiliates.
The Purchased Subsidiaries shall have the right, upon request by a Purchased Subsidiary, to inspect any product, material, designation, document or other media bearing the Specific Purchased Marks, including any marketing or promotional material.
For the avoidance of doubt, no inspection or Purchased Subsidiary approval is necessary with respect to any product, material, designation, document or other media bearing the Specific Purchased Marks which existed, or is substantially similar to any such item which existed, prior to the Closing.
The coronavirus (COVID-19), has been declared a worldwide pandemic by the World Health Organization.
Upon expiration of the Wind Down Period or upon any material violation of this Section 8.1(b), or if at any time Buyer notifies Parent in writing of Buyer’s reasonable belief that continued use by Parent or its Subsidiaries of the Purchased Marks would have a negative impact on any such Purchased Marks or their associated goodwill, whichever occurs first, Parent shall, and shall cause each of its Subsidiaries to, promptly cease all use of the Purchased Marks except as permitted under Section 8.1(b)(ii)(z).
All goodwill associated with any use of the Purchased Marks will inure solely to the benefit of Buyer or the Group Companies, as applicable.
No later than 60 days following the Closing Date, Seller, Parent, and their Affiliates shall operate its websites solely through such new website domain names (and any other domain names created after the Closing that does not include reference to any Purchased Marks); provided that notwithstanding the foregoing, domains with reference to Purchased Marks may remain active for 180 days after the Closing solely for the purpose of redirecting users to the new websites of Seller, Parent, and their Affiliates.