Examples of Seller Name and Marks in a sentence
Buyer (and its Affiliates and the Group Companies) shall not modify the Seller Name and Marks or the manner in which the Group Companies display or otherwise use the Seller Name and Marks as of the Closing Date.
Buyer acknowledges and agrees that Licensor or its Affiliates own all right, title and interest in and to the Seller Name and Marks, including all Intellectual Property embodied in the Seller Name and Marks.
Buyer shall render to Licensor full and prompt cooperation (at Licensor’s expense) for the enforcement and protection of the Seller Name and Marks.
Buyer will not at any time during the Term do or cause to be done any act or thing disparaging, disputing, attacking, challenging, impairing, diluting, or in any way tending to harm the reputation or goodwill associated with Licensor, its Affiliates or any of the Seller Name and Marks.
The term of this Agreement shall commence on the Closing Date of the SPA and, unless earlier terminated under Section 8 (Termination), shall continue in force until the earlier of (i) the conclusion of the last to expire of the cessation of use deadlines set forth in Section 3, or (ii) all use of the Seller Name and Marks by Buyer, its Affiliates and the Group Companies has ceased (the “Term”).
If, notwithstanding Buyer’s efforts, Buyer fails to cure any such non-conformity within ten (10) Business Days of such notice of nonconformity, then Buyer shall promptly cease advertising, marketing, promoting, selling, offering, distributing, rendering, other commercializing, and servicing such non-conforming Services and/or advertising, marketing or promotional materials in connection with the Seller Name and Marks.
If, in the opinion of Licensor on the basis of a legal opinion of a multinational law firm, it is required or advisable for the purpose of making this Agreement enforceable, or for the purpose of maintaining, enhancing or protecting Licensor’s rights in the Seller Name and Marks in any country, to record this Agreement or to enter Buyer as registered or authorized user of the Seller Name and Marks, Licensor will attend (at Licensor’s expense) to such recording or entry.
The Parties acknowledge that this Agreement is intended to provide Buyer with a wind down period with respect to the Group Companies’ use of the Seller Name and Marks.
If Licensor decides to enforce the Seller Name and Marks against an infringer, all costs incurred and recoveries made shall be for the account of Licensor.
Buyer’s (and its Affiliates and the Group Companies’) use of the Seller Name and Marks shall be in a manner consistent with past practice and in accordance with the Quality Standard.