Changes in Licensed Marks. Upon written notice to Licensee, Licensor may, from time to time in its sole discretion, (a) discontinue any Licensed Marks and/or (b) replace any Licensed Marks with or use new or different trademarks or service marks (“New Marks”). Licensor shall notify Licensee of any such discontinuance or replacement. If Licensee desires to use such New Xxxx on the terms set out in this Agreement, (i) it shall notify Licensor, (ii) upon Licensor’s receipt of such notice, such New Marks will be designated as Licensed Marks and, as such, shall be subject to the terms of this Agreement, and (iii) Schedule A shall be deemed amended automatically to include such New Marks as Licensed Marks.
Appears in 4 contracts
Samples: Trademark License Agreement (Third Point Reinsurance Ltd.), Trademark License Agreement (Third Point Reinsurance Ltd.), Trademark License Agreement (Third Point Reinsurance Ltd.)
