License. IO, which owns certain intellectual property rights to the name “Masterworks” hereby grants the Company effective upon the commencement of the Offering, a non-exclusive, royalty free license to use the name “Masterworks”. Other than with respect to this license, the Company will have no legal right to use the “Masterworks” name. In the event that the Administrator ceases to administer the Company’s operations, the Company will be required to change its name to eliminate the use of “Masterworks”.
Appears in 152 contracts
Samples: Intercompany Agreement (Masterworks 101, LLC), Intercompany Agreement (Masterworks 045, LLC), Intercompany Agreement (Masterworks 071, LLC)
License. IO, which owns certain intellectual property rights to the name “Masterworks” hereby grants the Company effective upon the commencement of the Offering, a non-exclusive, royalty free license to use the name “Masterworks”. Other than with respect to this license, the Company will have no legal right to use the “Masterworks” name. In the event that the Administrator ceases to administer manage the Company’s operations, the Company will be required to change its name to eliminate the use of “Masterworks”.
Appears in 69 contracts
Samples: Intercompany Agreement (Masterworks 178, LLC), Intercompany Agreement (Masterworks 164, LLC), Intercompany Agreement (Masterworks 209, LLC)
