Common use of Ownership Statement Clause in Contracts

Ownership Statement. Spinco shall add, when reasonably possible, an appropriate trademark ownership statement to any and all uses of the Combined ▇▇▇▇ that are permitted under the terms of the Agreement; provided that any inadvertent failure to affix such ownership statement that is promptly cured when discovered shall not be considered a breach of this Agreement. Such trademark ownership statement will be substantially in the following form (as adjusted by mutual agreement of the Parties to comply with applicable Law, to translate such form into applicable local languages, or in accordance with local commercial practices), or any similar statement provided by Licensor, subject to the reasonable comment of Spinco, for use in a particular country: “Pfizer is a registered trademark of Pfizer Inc.”; or “The Pfizer Logo is a registered trademark of Pfizer Inc.”; or “Pfizer and the Pfizer Logo are registered trademarks of Pfizer Inc.”