Transition Trademark License definition
Examples of Transition Trademark License in a sentence
Notwithstanding the provisions of Section 5.02 above, for a period of six (6) months following the Distribution Date, the Transition Trademark License shall license (on a nonexclusive basis) to the ADA-ES Group the right to use existing supplies and documents which have imprinted thereon any of the ESI Trademarks and Trade Names to the extent that such supplies and documents were existing in the inventory of such member of the ADA-ES Group as of the Distribution Date.
Purchaser agrees that it shall cause each of the Initial Acquired Companies and, if any, Subsequent Acquired Companies to enter into the Transition Trademark License Agreement at the applicable Closing for such Acquired Company.
Industrial Company shall grant to each of Tenneco and Shipbuilding Company transition licenses, in the forms of EXHIBIT P and Q, respectively (the "Transition Trademark License"), to use the Tenneco Trademarks and Tradenames for the limited use as more fully described below in this SECTION 5.02 and in SECTION 5.03.
The Transition Trademark License Agreement between Dana and Affinia, dated November 30, 2004 will be permitted to expire in accordance with its terms on November 30, 2007.
Purchaser and Seller Parent will enter into the Transition Trademark License Agreement in order to permit the Acquired Companies that are the subject of any Closing to wind down their usage of the Seller Parent Marks in conformance with Purchaser’s covenants in Section 6.17 above.
Seller has all requisite corporate power and authority, and has taken all corporate action necessary, to execute and deliver this Agreement, the Transition Trademark License and the Trademark License, to consummate the transactions contemplated hereby and thereby and to perform its obligations hereunder and thereunder.
Notwithstanding anything to the contrary in this Agreement or in the Transition Trademark License Agreement, no Initial Acquired Company or any Subsequent Acquired Company shall be permitted to use (and Purchaser shall not permit any such Acquired Company to use), following the applicable Closing relating to such Acquired Company, the Seller Parent Marks in connection with any regulatory, lobbying or public policy matter.
Except as expressly provided in the Transition Trademark License, Buyer claims no right and shall not use or assert or claim any right with respect to the Excluded Intellectual Property.
Except as expressly provided for under the terms of this Transition Services Agreement, the Separation and Distribution Agreement, the Trademark License Agreement or the Transition Trademark License Agreement, the Recipient acknowledges that it shall acquire no right, title or interest (including any license rights or rights of use) in any intellectual property which is owned or licensed by the Provider, by reason of the provision of the Services hereunder.
Buyer acknowledges that, except as provided in the Transition Trademark License Agreement, it will not acquire, and that the Acquired Companies do not own, any right, title or interest in or to the Retained Intellectual Property.