Common use of Reversion of Rights Clause in Contracts

Reversion of Rights. Upon termination of this Agreement for any reason, all rights granted to Sublicensee under this Agreement shall cease and revert to Sublicensor. Except to the extent approved in writing by Sublicensor, Sublicensee agrees to immediately cease and desist from any use of any of the Licensed Marks in the Territory and to cause all of its subsidiaries to do same. Sublicensee agrees that it will not thereafter adopt, use or refer to any trademarks, service marks, logos, designs, trade names, trade dress, domain names, toll-free numbers or other identification, that is derived from or is likely to be confused with, any of the Licensed Marks in the Territory.

Appears in 2 contracts

Samples: Trademark Sublicense Agreement (Brookfield Infrastructure Partners L.P.), Trademark Sublicense Agreement (Brookfield Infrastructure Partners L.P.)

Reversion of Rights. Upon termination of this Agreement for any reason, all rights granted to Sublicensee the Sublicensees under this Agreement shall cease and revert to the Sublicensor. Except to the extent approved in writing by the Sublicensor, Sublicensee agrees the Sublicensees agree to immediately promptly cease and desist from any use of any of the Licensed Trade-Marks in the Territory and to cause all of its subsidiaries their Subsidiaries to do the same. Sublicensee agrees The Sublicensees agree that it they will not not, and shall cause their Subsidiaries to not, thereafter adopt, use or refer to any trademarks, service marks, logos, designs, trade names, trade dress, domain names, toll-free numbers or other identification, identification that contain the word BROOKFIELD or that is otherwise derived from or is likely to be confused with, any of the Licensed Marks in the Territory Trade-Marks.

Appears in 2 contracts

Samples: Sublicense Agreement (Brookfield Business Partners L.P.), Sublicense Agreement (Brookfield Business Partners L.P.)