Examples of Seller Name and Seller Marks in a sentence
Subject to this Section 6.8, Buyer and its Affiliates (which, for the purposes of this Section 6.8 shall include the Company) shall make no use of the Seller Name and Seller Marks in connection with the operation of the Company after the Name Change Deadline.
Buyer, for itself and its Affiliates, acknowledges and agrees that neither Buyer nor any of its Affiliates shall have any rights in any of the Seller Name and Seller Marks and neither Buyer nor any of its Affiliates shall contest the ownership or validity of any rights of Seller or any of its Affiliates in or to any of the Seller Name and Seller Marks.
Buyer acknowledges and agrees that immediately following the Closing, but no later than three (3) Business Days thereafter, Buyer shall cause the name of each Company and any applicable Acquired Company to be changed in order to remove the Seller Name and Seller Marks in the name of such Company and such Acquired Company.
Buyer and its Affiliates (which, for the purposes of this Section 7.12 shall include the Acquired Companies) shall make no use of the Seller Name and Seller Marks in connection with operation of the Business immediately upon the Closing.
Notwithstanding the foregoing, each Seller acknowledges that the Seller Name and Seller Marks may have been utilized prior to the Closing in connection with the Material Company Contracts outstanding as of the Closing Date or any invoices, letters or other documentation submitted prior to the Closing and those materials shall not be deemed a breach of this Section 7.12.
Buyer acknowledges and agrees that immediately following the Closing, but no later than the Name Change Deadline, Buyer shall cause the name of the Company to be changed in order to remove the Seller Name and Seller Marks in the name the Company.
Buyer, for itself and its Affiliates, acknowledges and agrees that neither Buyer nor any of its Affiliates shall have any rights in any of the Seller Name and Seller Marks and neither Buyer nor any of its Affiliates shall contest the ownership or validity of any rights of the Seller or any of its Affiliates in or to any of the Seller Name and Seller Marks.
Purchaser, for itself and its Affiliates, acknowledges and agrees that neither Purchaser nor any of its Affiliates shall have any rights in any of the Seller Name and Seller Marks and neither Purchaser nor any of its Affiliates shall contest the ownership or validity of any rights of Seller or any of its Affiliates in or to any of the Seller Name and Seller Marks.
Neither Purchaser nor any of its Affiliates (including the Purchased Companies or any of their Subsidiaries) shall acquire any rights in, or use, or have the right to use, the Seller Name and Seller Marks or any name or xxxx that, in the reasonable judgment of Seller, is similar to or embodying the Seller Name and Seller Marks.
Within ten (10) Business Days of Closing, to the extent applicable, Purchaser shall cause each of the Purchased Companies (and Subsidiaries thereof) to complete the removal of the Seller Name and Seller Marks from all products, signage, vehicles, properties, technical information, stationery and promotional or other marketing materials and other assets.