Common use of Acknowledgement of Ownership Clause in Contracts

Acknowledgement of Ownership. a. Licensee acknowledges the great value of the goodwill associated with the Licensed Xxxx and the ownership of the Licensed Xxxx by Licensor. Licensee agrees that nothing in this Agreement shall give Licensee any right, title, or interest in or to the Licensed Xxxx other than the rights granted the Licensee in accordance with this Agreement. Licensee further acknowledges that all goodwill arising from the ownership and use of the Licensed Xxxx (as distinguished from any enhancement of value to Licensee’s business arising from the license granted hereunder) shall inure exclusively to the benefit of Licensor. All artwork, designs, stylized logotypes or other presentation materials whatsoever including the Licensed Xxxx or any elements thereof, and all copies and extracts thereof shall, notwithstanding their invention or use by Licensee, be and remain the sole property of Licensor. Nothing in this Agreement shall be construed to prevent Licensor from granting any other licenses for the use of the Licensed Xxxx or from utilizing the Licensed Xxxx, or any variation thereof, in any manner whatsoever.

Appears in 5 contracts

Samples: Service Mark License Agreement (Behringer Harvard Multifamily REIT II, Inc.), Behringer Harvard Holdings Service Mark License Agreement (Behringer Harvard Multifamily Reit I Inc), Behringer Harvard Holdings Service Mark License Agreement (Behringer Harvard Multifamily Reit I Inc)

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Acknowledgement of Ownership. a. Licensee acknowledges the great value of the goodwill associated with the Licensed Xxxx and the ownership of the Licensed Xxxx by Licensor. Licensee agrees that nothing in this Agreement shall give Licensee any right, title, or interest in or to the Licensed Xxxx other than the license rights granted the Licensee in accordance with this Agreement. Licensee further acknowledges that all goodwill arising from the ownership and use of the Licensed Xxxx (as distinguished from by Licensee and any enhancement of value to Licensee’s business arising from the license granted hereunder) Licensee Subsidiary shall inure exclusively to the benefit of Licensor. All artwork, designs, stylized logotypes or other presentation materials whatsoever including the Licensed Xxxx or any elements thereof, and all copies and extracts thereof shall, notwithstanding their invention or use by Licensee, be and remain the sole property of Licensor. Nothing in this Agreement shall be construed to prevent Licensor from granting any other licenses for the use of the Licensed Xxxx or from utilizing the Licensed Xxxx, or any variation thereof, in any manner whatsoever.

Appears in 2 contracts

Samples: Registration Rights Agreement (Behringer Harvard Reit I Inc), License Agreement (Behringer Harvard Reit I Inc)

Acknowledgement of Ownership. a. Licensee acknowledges the great value of the goodwill associated with the Licensed Xxxx and the ownership of the Licensed Xxxx by Licensor. Licensee agrees that nothing in this Agreement shall give Licensee any right, title, or interest in or to the Licensed Xxxx other than the license rights granted the Licensee in accordance with this Agreement. Licensee further acknowledges that all goodwill arising from the ownership and use of the Licensed Xxxx (as distinguished from any enhancement of value to Licensee’s business arising from the license granted hereunder) by Licensee and any Licensee Subsidiary shall inure exclusively to the benefit of Licensor. All artwork, designs, stylized logotypes or other presentation materials whatsoever including the Licensed Xxxx or any elements thereof, and all copies and extracts thereof shall, notwithstanding their invention or use by Licensee, be and remain the sole property of Licensor. Nothing in this Agreement shall be construed to prevent Licensor from granting any other licenses for the use of the Licensed Xxxx or from utilizing the Licensed Xxxx, or any variation thereof, in any manner whatsoever.

Appears in 2 contracts

Samples: Registration Rights Agreement (Behringer Harvard Multifamily Reit I Inc), Amended And (Behringer Harvard Multifamily Reit I Inc)

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Acknowledgement of Ownership. a. Licensee acknowledges the great value of the goodwill associated with the Licensed Xxxx Marks and the ownership of the Licensed Xxxx Marks by Licensor. Licensee agrees that nothing in this Agreement shall give Licensee any right, title, or interest in or to the Licensed Xxxx Marks other than the rights granted the Licensee in accordance with this Agreement. Licensee further acknowledges that all goodwill arising from the ownership and use of the Licensed Xxxx Marks (as distinguished from any enhancement of value to Licensee’s business arising from the license granted hereunder) shall inure exclusively to the benefit of Licensor. All artwork, designs, stylized logotypes or other presentation materials whatsoever including the Licensed Xxxx Marks or any elements thereof, and all copies and extracts thereof shall, notwithstanding their invention or use by Licensee, be and remain the sole property of Licensor. Nothing in this Agreement shall be construed to prevent Licensor from granting any other licenses for the use of the Licensed Xxxx Marks or from utilizing the Licensed XxxxMarks, or any variation thereof, in any manner whatsoever.

Appears in 1 contract

Samples: Behringer Harvard Holdings Service Mark License Agreement (Adaptive Real Estate Income Trust, Inc.)

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