Ownership of Licensed Trademarks. Subject to the license grants under Article 2, as between the Parties, NovaDel shall own and retain all right, title and interest in and to the Licensed Trademarks. Licensee hereby acknowledges and affirms (a) that to the best of its knowledge, the Licensed Trademarks and the registrations thereof are valid and (b) that NovaDel or its Affiliates, as the case may be, are the owners of all right and title to and interest in the Licensed Trademarks and the registrations thereof, including any form or embodiment thereof, and the goodwill now and hereafter associated with the Licensed Trademarks. Licensee (on its own behalf and on behalf of its Affiliates) expressly disclaims any right or title to or interest in the Licensed Trademarks and the registrations thereof, except for the license granted in Section 2.1.2. Licensee hereby agrees and undertakes that it will not, and it will cause its Affiliates not to, contest or dispute the validity of, or the rights of NovaDel and its Affiliates, as the case may be, in and to, the Licensed Trademarks, or any part thereof, or the registrations thereof, nor knowingly impair or endanger the validity of any of the foregoing. Licensee acknowledges that all use of the Licensed Trademarks by or on behalf of Licensee or its Affiliates shall inure to the benefit of NovaDel and its Affiliates. Upon termination of the license granted in Section 2.1.2, Licensee and its Affiliates shall not be entitled to any compensation for any increase in the value of the Licensed Trademarks or for any goodwill associated therewith. If so requested, Licensee shall, and shall cause its Affiliates to, assist NovaDel and its Affiliates to safeguard their full right, title and interest in and to the Licensed Trademarks and the registrations thereof.
Ownership of Licensed Trademarks. Each Licensee acknowledges that as between the Parties, the Licensed Trademarks are the exclusive and sole property of Parent, and each Licensee agrees that it will not contest Parent’s ownership or validity of any of the Licensed Trademarks. Nothing in this Agreement shall confer in any Licensee any right of ownership in any Licensed Trademarks, and no Licensee shall make any representation to that effect or use any Licensed Trademarks in a manner that suggests that such rights are conferred.
Ownership of Licensed Trademarks. Neither this Agreement nor its performance confer on Licensee any right, title or interest in or to any Licensed Trademark other than those rights expressly granted in this Agreement. Licensor shall have the right to grant any other rights in and licenses of the Licensed Trademarks as it sees fit and nothing in this Agreement restricts Licensor’s right to use the Licensed Trademarks on or in connection with any products or services. All goodwill associated with any use of the Licensed Trademarks by Licensee or any Sublicensee shall inure to the sole and exclusive benefit of Licensor.
Ownership of Licensed Trademarks. Advanz acknowledges the exclusive ownership by Applied of the Licensed Trademarks (and any Trademark containing, comprising, derivative of or confusingly similar to the Licensed Trademarks) including any product Trademarks selected by Advanz pursuant to Section 7.4(b). Advanz shall not (and shall ensure that its Affiliates do not), directly or indirectly, during the Term of thereafter, register or attempt to register (or obtain any other ownership right in) any such Trademarks in its own name or challenge or assist others to challenge any such Trademarks (or the validity or enforceability of, or Applied’s rights in, the same). This Agreement does not confer on Advanz any goodwill associated with the Licensed Trademarks or generated from the use thereof (all of which shall inure to Applied).
Ownership of Licensed Trademarks. 3.1 Licensee recognizes the great value of the good will associated with the Licensed Trademarks and acknowledges that the Licensed Trademarks and all right, title and interest therein, and good will pertaining thereto, belong exclusively to U.S. Licensor in the United States and to International Licensor in the rest of the world and agrees that it will not, during the term of this Agreement or thereafter, challenge Licensor's rights in and to the same or do or knowingly permit to be done any act or thing by any Person that will, in any way, impair the rights of Licensor in and to the Licensed Trademarks or which will affect the validity thereof. Licensee further agrees that it will not attack the validity of the license granted hereunder. Licensee further acknowledges that all use of the Licensed Trademarks by Licensee shall inure to the benefit of Licensor.
Ownership of Licensed Trademarks. Subject to the license grants under Article 2, as between the Parties, IntelliPharmaCeutics shall own and retain all right, title and interest in and to the Licensed Trademarks (Schedule "A"). Larasan hereby acknowledges and affirms that
Ownership of Licensed Trademarks. Larasan acknowledges the validity of all United States and foreign Licensed Trademark registrations and agrees that Licensed Trademarks are the sole property of IntelliPharmaCeutics and shall not at any time claim any right, title or interest in or to the Licensed Trademarks. Larasan shall not at any time question the validity of the Licensed Trademarks and shall take no action that in any way derogates from, or adversely affects the validity of, the Licensed Trademarks or the ownership of the Licensed Trademarks by IntelliPharmaCeutics. Larasan shall adhere to all the directives of IntelliPharmaCeutics and instructions pertaining to the use of the Licensed Trademarks. Larasan shall take no action with respect to such Licensed Trademarks, including but not limited to, applying for Licensed Trademarks which are the same as or similar to the Licensed Trademarks in its own name or in the name of any Affiliate.
Ownership of Licensed Trademarks. (a) Licensor represents and Licensee acknowledges that as between the Parties, Licensor is the owner of all rights, title and interest in and to the Licensed Trademarks and is the owner of any and all goodwill attached to the Licensed Trademarks, including that which is developed pursuant to Licensee's use in connection with the conduct of the Business.
Ownership of Licensed Trademarks. Licensee acknowledges that Licensor is the owner or has the rights to all the Licensed Trademarks, and Licensee agrees not to contest or object to the ownership or validity of such Licensed Trademarks at anytime. Licensee further acknowledges that the Licensed Trademarks are good and valid, that Licensee has no rights therein except those set forth herein, that Licensee will not contest the ownership or validity of any rights of Licensor in the Licensed Trademarks or registrations thereof, and that Licensee will not do or cause to be done anything that might impair Licensor’s rights in and to the Licensed Trademarks. Licensee undertakes to comply substantially with all laws pertaining to trademarks in force at any time in any jurisdiction, including but not limited to marking requirements under federal, state or foreign law. Licensee agrees to comply with any reasonable requirements established by Licensor concerning the style, design, display and use of the Licensed Trademarks, and, as appropriate, to use correctly the trademark symbol TM or registration symbol ®.
Ownership of Licensed Trademarks. 7 5.4 REGISTRATION AND PROTECTION OF LICENSED TRADEMARKS.........................................................8 5.5
