Common use of Prejudice Clause in Contracts

Prejudice. The Contributor guarantees the Beneficiary Corporation against any prejudice resulting from any legal proceedings for recovery of property, for cancellation or for forfeiture, prior to the date of completion of the contribution, regarding the validity, ownership, use and/or exploitation of Trademarks 1, within the limits of the rights granted to it by the Certificates.

Prejudice. The Contributor guarantees the Beneficiary Corporation against any prejudice resulting from any legal proceedings for recovery of property, for cancellation or for forfeiture, prior to the date of completion of the contribution, regarding the validity, ownership, use and/or exploitation of Trademarks 12, within the limits of the rights granted to it by the Certificates.