Common use of Non-Exclusive Right Clause in Contracts

Non-Exclusive Right. Subadviser hereby grants to the Trust the nonexclusive right and license to use the xxxx "Western Asset Management Company Pte Ltd" (the "Licensed Xxxx") in the Trust's name and in connection with the formation, issuance, marketing, promotion and operations of, or disclosure related to, the Trust. Subadviser agrees that it shall receive no compensation for any such use by the Trust. Subadviser hereby warrants and represents that it has filed applications and/or owns rights in the Licensed Xxxx sufficient to grant this license. No right, title, or interest in the Licensed Xxxx, except the right to use the Licensed Xxxx as provided in this Agreement, is or will be transferred to the Trust by this Agreement. Should this Agreement be terminated, the Trust agrees that it will take reasonably necessary steps to change its name to a name not including the word "Western Asset."

Appears in 6 contracts

Samples: Investment Management Agreement (Western Asset/Claymore Inflation-Linked Securities & Income Fund), Investment Management Agreement (Western Asset/Claymore Inflation-Linked Opportunities & Income Fund), Investment Management Agreement (Western Asset/Claymore Inflation-Linked Securities & Income Fund)

AutoNDA by SimpleDocs

Non-Exclusive Right. Subadviser hereby grants to the Trust the nonexclusive right and license to use the xxxx mxxx "Western Asset Management Company Pte LtdLimited" (the "Licensed XxxxMxxx") in the Trust's name and in connection with the formation, issuance, marketing, promotion and operations of, or disclosure related to, the Trust. Subadviser agrees that it shall receive no compensation for any such use by the Trust. Subadviser hereby warrants and represents that it has filed applications and/or owns rights in the Licensed Xxxx Mxxx sufficient to grant this license. No right, title, or interest in the Licensed XxxxMxxx, except the right to use the Licensed Xxxx Mxxx as provided in this Agreement, is or will be transferred to the Trust by this Agreement. Should this Agreement be terminated, the Trust agrees that it will take reasonably necessary steps to change its name to a name not including the word "Western Asset."

Appears in 1 contract

Samples: Investment Management Agreement (Western Asset/Claymore Inflation-Linked Opportunities & Income Fund)

Non-Exclusive Right. Subadviser hereby grants to the Trust the nonexclusive right and license to use the xxxx "Western Asset Management Company Pte Ltd" Limited” (the "Licensed Xxxx") in the Trust's ’s name and in connection with the formation, issuance, marketing, promotion and operations of, or disclosure related to, the Trust. Subadviser agrees that it shall receive no compensation for any such use by the Trust. Subadviser hereby warrants and represents that it has filed applications and/or owns rights in the Licensed Xxxx sufficient to grant this license. No right, title, or interest in the Licensed Xxxx, except the right to use the Licensed Xxxx as provided in this Agreement, is or will be transferred to the Trust by this Agreement. Should this Agreement be terminated, the Trust agrees that it will take reasonably necessary steps to change its name to a name not including the word "Western Asset."

Appears in 1 contract

Samples: Investment Management Agreement (Western Asset Inflation-Linked Opportunities & Income Fund)

Non-Exclusive Right. Subadviser hereby grants to the Trust the nonexclusive right and license to use the xxxx mxxx "Western Asset Management Company Pte Ltd" (the "Licensed XxxxMxxx") in the Trust's name and in connection with the formation, issuance, marketing, promotion and operations of, or disclosure related to, the Trust. Subadviser agrees that it shall receive recei ve no compensation for any such use by the Trust. Subadviser hereby warrants and represents that it has filed applications and/or owns rights in the Licensed Xxxx Mxxx sufficient to grant this license. No right, title, or interest in the Licensed XxxxMxxx, except the right to use the Licensed Xxxx Mxxx as provided in this Agreement, is or will be transferred to the Trust by this Agreement. Should this Agreement be terminated, the Trust agrees that it will take reasonably necessary steps to change its name to a name not including the word "''Western Asset."

Appears in 1 contract

Samples: Investment Management Agreement (Western Asset/Claymore Inflation-Linked Opportunities & Income Fund)

AutoNDA by SimpleDocs

Non-Exclusive Right. Subadviser hereby grants to the Trust the nonexclusive right and license to use the xxxx "Western Asset Management Company Pte Ltd" (the "Licensed Xxxx") in the Trust's ’s name and in connection with the formation, issuance, marketing, promotion and operations of, or disclosure related to, the Trust. Subadviser agrees that it shall receive no compensation for any such use by the Trust. Subadviser hereby warrants and represents that it has filed applications and/or owns rights in the Licensed Xxxx sufficient to grant this license. No right, title, or interest in the Licensed Xxxx, except the right to use the Licensed Xxxx as provided in this Agreement, is or will be transferred to the Trust by this Agreement. Should this Agreement be terminated, the Trust agrees that it will take reasonably necessary steps to change its name to a name not including the word "Western Asset."

Appears in 1 contract

Samples: Investment Management Agreement (Western Asset Inflation-Linked Opportunities & Income Fund)

Non-Exclusive Right. Subadviser hereby grants to the Trust the nonexclusive right and license to use the xxxx "Western Asset Management Company Pte Ltd" Pte. Ltd.” (the "Licensed Xxxx") in the Trust's ’s name and in connection with the formation, issuance, marketing, promotion and operations of, or disclosure related to, the Trust. Subadviser agrees that it shall receive no compensation for any such use by the Trust. Subadviser hereby warrants and represents that it has filed applications and/or owns rights in the Licensed Xxxx sufficient to grant this license. No right, title, or interest in the Licensed Xxxx, except the right to use the Licensed Xxxx as provided in this Agreement, is or will be transferred to the Trust by this Agreement. Should this Agreement be terminated, the Trust agrees that it will take reasonably necessary steps to change its name to a name not including the word "Western Asset."

Appears in 1 contract

Samples: Investment Management Agreement (Western Asset Inflation-Linked Opportunities & Income Fund)

Time is Money Join Law Insider Premium to draft better contracts faster.