Common use of Licensed Marks Clause in Contracts

Licensed Marks. X. Xxxxx Memorial is a licensee of Komen with respect to the Licensed Marks. Komen Memorial grants to Third Party a limited, non-exclusive sublicense to use the Licensed Marks during the term of this Agreement. Third Party shall be prohibited from transferring, sublicensing or assigning its rights to use the Licensed Marks. In the event of a breach of this Agreement by Third Party, Komen and/or Komen Memorial may require the removal of the Licensed Marks at any time from any materials developed in connection with the Event. Komen Memorial and Third Party agree that all right, title and interest in and to the Licensed Marks shall inure to the sole benefit of Komen.

Appears in 2 contracts

Samples: Third Party Agreement, Third Party Agreement

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Licensed Marks. X. Xxxxx A. Komen Memorial is a licensee of Komen with respect to the Licensed Marks. Komen Memorial grants to Third Party a limited, non-exclusive sublicense to use the Licensed Marks during the term of this Agreement. Third Party shall be prohibited from transferring, sublicensing or assigning its rights to use the Licensed Marks. In the event of a breach of this Agreement by Third Party, Komen and/or Komen Memorial may require the removal of the Licensed Marks at any time from any materials developed in connection with the Event. Komen Memorial and Third Party agree that all right, title and interest in and to the Licensed Marks shall inure to the sole benefit of Komen.

Appears in 2 contracts

Samples: Third Party Agreement, Third Party Agreement

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