Common use of Corporate Name Clause in Contracts

Corporate Name. Buyer acknowledges that, from and after the Closing Date, Seller and their Affiliates have the absolute and exclusive proprietary right to all names, marks, trade names and trademarks (collectively "Names") incorporating "Ceridian" by itself or in combination with any other Name, and that none of the rights thereto or goodwill represented thereby or pertaining thereto are being transferred hereby or in connection herewith. Buyer agrees that from and after the Closing Date it will not, nor will it permit any of its Affiliates to, use any name, phrase or logo incorporating "Ceridian" in or on any of its literature, sales materials or products or otherwise in connection with the sale of any products or services; provided, however, that Buyer will not be obligated to remove any such name, phrase or logo from any tools, dies or other machinery included in the Assets and may continue to use any printed literature, sales materials, purchase orders and sales, maintenance or license agreements, and sell any products, that are included in the inventories of the CD Int Business on the Closing Date and that bear a name, phrase or logo incorporating "Ceridian" until the supplies thereof existing on the Closing Date have been exhausted, but in any event for not longer than ninety (90) days from the Closing Date. With respect to the printed purchase orders and sales, maintenance or license agreements referred to in the preceding sentence, from and after the Closing Date Buyer shall sticker or otherwise maxx xuch documents as necessary in order to indicate clearly that neither Seller nor any of its Affiliates is a party to such documents. From and after the expiration of such ninety (90) day period, Buyer shall cease to use any such literature and sales materials; delete or cover (as by stickering) any such name, phrase or logo from any item included in the inventories of the CD Int Business that bears such name, phrase or logo; and take such other actions as may be necessary or advisable to clearly and prominently indicate that neither Buyer nor any of its Affiliates is affiliated with Seller or any of its Affiliates. Within 30 days after the Closing Date, Buyer shall delete all references to the Names with respect to the CD Int Business on signs on or near buildings or offices in which the CD Int Business is conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ceridian Corp)

AutoNDA by SimpleDocs

Corporate Name. The Buyer acknowledges that, from and after the Closing Date, the Seller and their Affiliates shall have the absolute and exclusive proprietary right to all names, marks, trade names and trademarks (collectively "Names") incorporating "Ceridian" “EMS” by itself or in combination with any other Name, and that none of the rights thereto or goodwill represented thereby or pertaining thereto are being transferred hereby or in connection herewith. The Buyer agrees that from and after the Closing Date it will not, nor will it permit any of its Affiliates (including EMS Brazil) to, use any name, phrase or logo incorporating "Ceridian" “EMS” in or on any of its literature, sales materials or products or otherwise in connection with the sale of any products or services; provided, however, that the Buyer will not be obligated to remove any such name, phrase or logo from any tools, dies or other machinery included in the Assets and may continue to use any printed literature, sales materials, purchase orders and sales, maintenance or license agreements, and sell any products, that are included in the inventories of the CD Int Business Inventory on the Closing Date and that bear a name, phrase or logo incorporating "Ceridian" “EMS” (as limited by any existing agreements the Seller may have with third parties) until the supplies thereof existing on the Closing Date have been exhausted, but in any event for not longer than ninety (90) 30 days from the Closing Date. With respect to the printed purchase orders and sales, maintenance or license agreements referred to in the preceding sentence, from and after the Closing Date the Buyer shall sticker or otherwise maxx xuch xxxx such documents as necessary in order to indicate clearly that neither the Seller nor any of its Affiliates is a party to such documents. From and after the expiration of such ninety (90) 30 day period, the Buyer shall cease to use any such literature and sales materials; , delete or cover (as by stickering) any such name, phrase or logo from any item included in the inventories of the CD Int Business Inventory that bears such name, phrase or logo; logo and take such other actions as may be necessary or advisable to clearly and prominently indicate that neither the Buyer nor any of its Affiliates is affiliated with the Seller or any of its Affiliates. Within 30 days after the Closing Date, Buyer shall delete all references to the Names with respect to the CD Int Business on signs on or near buildings or offices in which the CD Int Business is conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Andrew Corp)

Corporate Name. The Buyer acknowledges that, from and after the Closing Date, the Seller and their Affiliates shall have the absolute and exclusive proprietary right to all names, marks, trade names and trademarks (collectively "Names") incorporating "Ceridian" “EMS” by itself or in combination with any other Name, and that none of the rights thereto or goodwill represented thereby or pertaining thereto are being transferred hereby or in connection herewith. The Buyer agrees that from and after the Closing Date it will not, nor will it permit any of its Affiliates (including EMS Brazil) to, use any name, phrase or logo incorporating "Ceridian" “EMS” in or on any of its literature, sales materials or products or otherwise in connection with the sale of any products or services; provided, however, that the Buyer will not be obligated to remove any such name, phrase or logo from any tools, dies or other machinery included in the Assets and may continue to use any printed literature, sales materials, purchase orders and sales, maintenance or license agreements, and sell any products, that are included in the inventories of the CD Int Business Inventory on the Closing Date and that bear a name, phrase or logo incorporating "Ceridian" “EMS” (as limited by any existing agreements the Seller may have with third parties) until the supplies thereof existing on the Closing Date have been exhausted, but in any event for not longer than ninety (90) 30 days from the Closing Date. With respect to the printed purchase orders and sales, maintenance or license agreements referred to in the preceding sentence, from and after the Closing Date the Buyer shall sticker or otherwise maxx xuch mxxx such documents as necessary in order to indicate clearly that neither the Seller nor any of its Affiliates is a party to such documents. From and after the expiration of such ninety (90) 30 day period, the Buyer shall cease to use any such literature and sales materials; , delete or cover (as by stickering) any such name, phrase or logo from any item included in the inventories of the CD Int Business Inventory that bears such name, phrase or logo; logo and take such other actions as may be necessary or advisable to clearly and prominently indicate that neither the Buyer nor any of its Affiliates is affiliated with the Seller or any of its Affiliates. Within 30 days after the Closing Date, Buyer shall delete all references to the Names with respect to the CD Int Business on signs on or near buildings or offices in which the CD Int Business is conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ems Technologies Inc)

Corporate Name. The Buyer acknowledges that, from and after the Closing Date, the Seller and their its Affiliates shall have the absolute and exclusive proprietary right to all names, marks, logos, trade names and trademarks (collectively "Names") incorporating "Ceridian" “Solutia” by itself or in combination with any other NameName or that are not used exclusively in the Business, and that none of the rights thereto or goodwill represented thereby or pertaining thereto are being transferred hereby or in connection herewith. The Buyer agrees that from and after the Closing Date it will not, nor will it permit any of its Affiliates to, use any name, phrase or logo incorporating "Ceridian" “Solutia” in or on any of its literature, sales materials or products or otherwise in connection with the sale of any products or services; provided, however, that the Buyer will not be obligated to remove any such name, phrase or logo from any tools, dies or other machinery included in the Assets and may continue to use any printed literature, sales materials, purchase orders and sales, maintenance or license agreements, and sell any products, that are included in the inventories of the CD Int Business Inventory on the Closing Date and that bear a name, phrase or logo incorporating "Ceridian" “Solutia” (as limited by any existing agreements the Seller or any of its Affiliates may have with third parties) until the supplies thereof existing on the Closing Date have been exhausted, but in any event for not longer than ninety (90) days from the Closing Date. With respect to the printed purchase orders and sales, maintenance or license agreements referred to in the preceding sentence, from and after the Closing Date the Buyer shall sticker or otherwise maxx xuch xxxx such documents as necessary in order to indicate clearly that neither the Seller nor any of its Affiliates is a party to such documents. From and after the expiration of such ninety (90) day period, the Buyer shall cease to use any such literature and sales materials; , delete or cover (as by stickering) any such name, phrase or logo from any item included in the inventories of the CD Int Business Inventory that bears such name, phrase or logo; logo and take such other actions as may be necessary or advisable to clearly and prominently indicate that neither the Buyer nor any of its Affiliates is affiliated with the Seller or any of its Affiliates. Within 30 days after the Closing Date, Buyer shall delete all references to the Names with respect to the CD Int Business on signs on or near buildings or offices in which the CD Int Business is conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement

Corporate Name. The Buyer acknowledges that, from and after the Closing Date, the Seller and their Affiliates shall have the absolute and exclusive proprietary right to all names, marks, trade names and trademarks (collectively "Names") incorporating "Ceridian" “Flowserve” (and any other trademark, trade name or service mxxx owned by Seller and listed on Schedule 2(b)(iii)), by itself or in combination with any other Name, and that none of the rights thereto or goodwill represented thereby or pertaining thereto are being transferred hereby or in connection herewith. The Buyer agrees that from and after the Closing Date it will not, nor will it permit any of its Affiliates to, use any name, phrase or logo incorporating "Ceridian" “Flowserve” or any of the other trademarks, trade names or service marks listed on Schedule 2(b)(iii) in or on any of its literature, sales materials or products or otherwise in connection with the sale of any products or services; provided, however, that the Buyer will not be obligated to remove any such name, phrase or logo from any tools, dies or other machinery included in the Assets and may continue to use any printed literature, sales materials, purchase orders and sales, maintenance or license agreements, and sell any products, that are included in the inventories of the CD Int Business Inventory on the Closing Date and that bear a name, phrase or logo incorporating "Ceridian" “Flowserve” or any of the other trademarks, trade names or service marks listed on Schedule 2(b)(iii) (as limited by any existing agreements the Seller may have with third parties) until the supplies thereof existing on the Closing Date have been exhausted, but in any event for not longer than ninety sixty (9060) days from the Closing Date. With respect to the printed purchase orders and sales, maintenance or license agreements referred to in the preceding sentence, from and after the Closing Date the Buyer shall sticker or otherwise maxx xuch mxxx such documents as necessary in order to indicate clearly that neither the Seller nor any of its Affiliates is a party to such documents. From and after the expiration of such ninety sixty (9060) day period, the Buyer shall cease to use any such literature and sales materials; , delete or cover (as by stickering) any such name, phrase or logo from any item included in the inventories of the CD Int Business Inventory that bears such name, phrase or logo; logo and take such other actions as may be necessary or advisable to clearly and prominently indicate that neither the Buyer nor any of its Affiliates is affiliated with the Seller or any of its Affiliates. Within 30 days after the Closing Date, Buyer shall delete all references to the Names with respect to the CD Int Business on signs on or near buildings or offices in which the CD Int Business is conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement (Xanser Corp)

AutoNDA by SimpleDocs

Corporate Name. The Buyer acknowledges that, from and after the Closing Date, the Seller and their Affiliates shall have the absolute and exclusive proprietary right to all names, marks, trade names and trademarks (collectively "Names") incorporating "Ceridian" “Flowserve” (and any other trademark, trade name or service mxxx owned by Seller and listed on Schedule 2(b)(iii)), by itself or in combination with any other Name, and that none of the rights thereto or goodwill represented thereby or pertaining thereto are being transferred hereby or in connection herewith. The Buyer agrees that from and after the Closing Date it will not, nor will it permit any of its Affiliates to, use any name, phrase or logo incorporating "Ceridian" “Flowserve” or any of the other trademarks, trade names or service marks listed on Schedule 2(b)(iii) in or on any of its literature, sales materials or products or otherwise in connection with the sale of any products or services; provided, however, that the Buyer will not be obligated to remove any such name, phrase or logo from any tools, dies or other machinery included in the Assets and may continue to use any printed literature, sales materials, purchase orders and sales, maintenance or license agreements, and sell any products, that are included in the inventories of the CD Int Business Inventory on the Closing Date and that bear a name, phrase or logo incorporating "Ceridian" “Flowserve” or any of the other trademarks, trade names or service marks listed on Schedule 2(b)(iii) (as limited by any existing agreements the Seller may have with third parties) until the supplies thereof existing on the Closing Date have been exhausted, but in any event for not longer than ninety sixty (9060) days from the Closing Date. With respect to the printed purchase orders and sales, maintenance or license agreements referred to in the preceding sentence, from and after the Closing Date the Buyer shall sticker or otherwise maxx xuch mxxx such documents as necessary in order to indicate clearly that neither the Seller nor any of its Affiliates is a party to such documents. From and after the expiration of such ninety sixty (9060) day period, the Buyer shall cease to use any such literature and sales materials; , delete or cover (as by stickering) any such name, phrase or logo from any item included in the inventories of the CD Int Business Inventory that bears such name, phrase or logo; logo and take such other actions as may be necessary or advisable to clearly and prominently indicate that neither the Buyer nor any of its Affiliates is affiliated with the Seller or any of its Affiliates. Within 30 days after the Closing Date, Buyer shall delete all references to the Names with respect to the CD Int Business on signs on or near buildings or offices in which the CD Int Business is conducted.Flowserve GSG Asset Purchase Agreement

Appears in 1 contract

Samples: Asset Purchase Agreement (Flowserve Corp)

Corporate Name. The Buyer acknowledges that, from and after the Closing Date, the Seller and their Affiliates shall have the absolute and exclusive proprietary right to all names, marks, trade names names, service marks and trademarks owned by the Seller or any Affiliate and used by the Business (collectively "collectively, the “Names") ”), including all trade names incorporating "Ceridian" “Charter” by itself or in combination with any other Name, and that none of the rights thereto or goodwill represented thereby or pertaining thereto are being transferred hereby or in connection herewith. Notwithstanding the foregoing, for a period of 180 days following the Closing, the Buyer agrees that from and after may continue to operate the Closing Date it will notSystems using the Names, nor will it permit any of its Affiliates to, including (i) use any name, phrase or logo incorporating "Ceridian" in or on any of its literature, sales materials or products or otherwise in connection with the sale of any products or services; providedName affixed to vehicles, however, that Buyer will not be obligated to remove any such name, phrase or logo from any tools, dies signage or other machinery equipment included in the Assets and may continue to Transferred Assets, (ii) use of any printed literature, sales materials, purchase orders and sales, maintenance or license agreements, and sell any products, that are included in the inventories of the CD Int Business on the Closing Date and agreements that bear a name, phrase or logo incorporating "Ceridian" Name (as limited by any existing agreements the Seller may have with third parties) until the supplies thereof existing on the Closing Date have been exhausted, but in exhausted and (iii) use of any event for not longer than ninety (90) days from the Closing Dateprinted billing statements that bear a Name. With respect to the printed purchase orders and sales, maintenance or license agreements referred to in the preceding sentence, from and after the Closing Date the Buyer shall sticker or otherwise maxx xuch xxxx such documents as necessary in order to indicate clearly that neither the Seller nor any of its Affiliates is are a party to such documents. From and after the expiration of such ninety (90) 180-day period, the Buyer shall cease to use any such literature and sales materials; , delete or cover (as by stickering) any such name, phrase or logo from any item included in the inventories of the CD Int Business inventory that bears such name, phrase or logo; logo and take such other actions as may be necessary or advisable to clearly and prominently to indicate that neither the Buyer nor any of its Affiliates is affiliated with Seller the Seller, the Subsidiaries or any of its their Affiliates. Within 30 days after Notwithstanding the foregoing, nothing in this Section 5.9 shall require the Buyer to remove or discontinue using any Name that is affixed as of the Closing DateDate to converters or other items in or to be used in consumer homes or properties, Buyer shall delete all references to the Names with respect to the CD Int Business on signs on or near buildings as are used in a similar fashion making such removal or offices in which the CD Int Business is conducteddiscontinuation impracticable.

Appears in 1 contract

Samples: Asset Purchase Agreement (Charter Communications Inc /Mo/)

Corporate Name. The Buyer acknowledges that, from and after the Closing Date, the Seller and their its Affiliates shall have the absolute and exclusive proprietary right to all names, marks, logos, trade names and trademarks (collectively "Names") incorporating "Ceridian" “Solutia” by itself or in combination with any other NameName or that are not used exclusively in the Business, and that none of the rights thereto or goodwill represented thereby or pertaining thereto are being transferred hereby or in connection herewith. The Buyer agrees that from and after the Closing Date it will not, nor will it permit any of its Affiliates to, use any name, phrase or logo incorporating "Ceridian" “Solutia” in or on any of its literature, sales materials or products or otherwise in connection with the sale of any products or services; provided, however, that the Buyer will not be obligated to remove any such name, phrase or logo from any tools, dies or other machinery included in the Assets and may continue to use any printed literature, sales materials, purchase orders and sales, maintenance or license agreements, and sell any products, that are included in the inventories of the CD Int Business Inventory on the Closing Date and that bear a name, phrase or logo incorporating "Ceridian" “Solutia” (as limited by any existing agreements the Seller or any of its Affiliates may have with third parties) until the supplies thereof existing on the Closing Date have been exhausted, but in any event for not longer than ninety (90) days from the Closing Date. With respect to the printed purchase orders and sales, maintenance or license agreements referred to in the preceding sentence, from and after the Closing Date the Buyer shall sticker or otherwise maxx xuch mark such documents as necessary in order to indicate clearly that neither the Seller nor any of its Affiliates is a party to such documents. From and after the expiration of such ninety (90) day period, the Buyer shall cease to use any such literature and sales materials; , delete or cover (as by stickering) any such name, phrase or logo from any item included in the inventories of the CD Int Business Inventory that bears such name, phrase or logo; logo and take such other actions as may be necessary or advisable to clearly and prominently indicate that neither the Buyer nor any of its Affiliates is affiliated with the Seller or any of its Affiliates. Within 30 days after the Closing Date, Buyer shall delete all references to the Names with respect to the CD Int Business on signs on or near buildings or offices in which the CD Int Business is conducted.

Appears in 1 contract

Samples: Asset Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!