Common use of Future Transfer Clause in Contracts

Future Transfer. If at any time after the Effective Date ▇▇▇▇▇▇ determines it no longer wishes to own any of the Licensed Marks, it shall notify Spinco, and upon Spinco’s request, the Parties shall execute a transfer of any such Licensed Marks to Spinco on mutually agreeable terms.

Appears in 3 contracts

Sources: Trademark License Agreement (Hanover Capital Mortgage Holdings Inc), Trademark License Agreement (Walter Industries Inc /New/), Trademark License Agreement (Walter Investment Management Corp)