Joint Interest Trademarks Clause Samples
The Joint Interest Trademarks clause defines how trademarks that are jointly owned or developed by two or more parties will be managed and protected. It typically outlines the procedures for registering, maintaining, and enforcing these trademarks, as well as specifying how costs and responsibilities are shared among the parties. This clause ensures that all parties have clear rights and obligations regarding the use and protection of jointly held trademarks, thereby preventing disputes and facilitating coordinated brand management.
Joint Interest Trademarks. BOULDER STATION · SUNSET STATION · PALACE STATION · RED ROCK STATION (In each case, as more particularly set forth in Exhibit A.) PropCo to have 12-month license running from date of plan filing (or, if later, 8 months from effective date). License includes trademarks and matching corporate names, trade names, d/b/a names and domain names and includes trademark rights in Internet key words, social networks and new media. PropCo to select brands that do not use “Station” as soon as commercially practicable, and make changes that are easier to facilitate (e.g., website use) more quickly than expiration of license period. These joint marks will not be transferred but neither party will use these four marks after the transition, and OpCo may not use the domain names or trademark registrations in any manner adverse to the interests of PropCo. Note to both sides: All trademark allocations (exclusive or non-exclusive) will address Internet key words, social networks and new media. Transitional linkage between the OpCo website and the new PropCo website under a non-”Station” brand for reasonable period of time, but not beyond the end of transition services. After end of transition period, users typing in ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ would go to an inactive page.
Joint Interest Trademarks. BOULDER STATION · SUNSET STATION · PALACE STATION · RED ROCK STATION PropCo to have a license until later of (i) 12 months from filing date of plan or (ii) 8 months from effective date of plan of reorganization to use BOULDER STATION, SUNSET STATION and PALACE STATION (together, with RED ROCK STATION, the “Joint Interest Trademarks”). License includes trademarks and matching Trade Names and includes trademark rights in Internet key words, social networks and new media.
Joint Interest Trademarks. BOULDER STATION · SUNSET STATION PropCo to have a license until later of (i) 12 months from filing date of plan or (ii) 8 months from effective date of plan of reorganization to use BOULDER STATION, SUNSET STATION and