Common use of MUTUAL INTERESTS Clause in Contracts

MUTUAL INTERESTS. The Sublicensor and the Sublicensees agree that it is in their mutual interests that the character and quality of the Licensed Uses with which the Trade-Marks are associated be (i) of the highest quality, (ii) in accordance with all applicable laws and (iii) in accordance with sound commercial practices and that the Trade-Marks be used by the Sublicensor and the Sublicensees and their Subsidiaries in a manner that allows the Sublicensor and the Sublicensees and their Subsidiaries to maintain their individual corporate identities and to maintain the distinctiveness of the Trade-Marks.

Appears in 2 contracts

Sources: Trade Mark Sublicense Agreement (Brookfield Business Partners L.P.), Trade Mark Sublicense Agreement (Brookfield Business Partners L.P.)