Common use of Ownership of the Marks Clause in Contracts

Ownership of the Marks. Each of the Issuer, the Co-Issuer and the Trustee acknowledges that, as among them, Taberna Capital Management owns all right, title and interest in the Marks and the goodwill associated with the Marks and that the use of the Marks by the Issuer and Co-Issuer shall inure to the benefit of Taberna Capital Management. Each of the Issuer and Co-Issuer agrees that it shall never attack or contest or assist others in attacking or contesting any of the Marks or Taberna Capital Management’s rights in any of the Marks. Each of the Issuer and Co-Issuer agrees not to register or attempt to register any of the Marks or any confusingly or colorably similar trademark or service xxxx, or cause any of the Marks or any confusingly or colorably similar trademark or service xxxx to be registered, in any country, state or other jurisdiction, without the prior written permission of Taberna Capital Management. Taberna Capital Management hereby reserves the exclusive worldwide right to register the Marks for use on and in connection with any financial services or otherwise.

Appears in 4 contracts

Samples: Collateral Management Agreement, Collateral Management Agreement (Taberna Realty Finance Trust), Collateral Management Agreement (Taberna Realty Finance Trust)

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