Common use of Trade Names and Trademarks Clause in Contracts

Trade Names and Trademarks. All trade names, trademarks and service marks owned or employed by a Party or any subsidiary or affiliate of that Party, used or employed in the Party's business operation, shall remain the sole and exclusive property of that Party, or such subsidiary or affiliate, and such trade names, trademarks and service marks shall not be used by the other Party without the prior written consent of the Party or such subsidiary or affiliate. Each Party shall immediately discontinue any unauthorized use of the other Party's marks and names upon demand and shall discontinue all use of the other party's marks and names upon termination hereof.

Trade Names and Trademarks. All trade names, trademarks and service marks owned or employed by a Party or any subsidiary Subsidiary or affiliate Affiliate of that Party, used or employed in the Party's business operation, shall remain the sole and exclusive property of that Party, or such subsidiary or affiliateAffiliate, and such trade names, trademarks and service marks shall not be used by the other Party without the prior written consent of the Party or such subsidiary or affiliateAffiliate. Each Party shall immediately discontinue any unauthorized use of the other Party's marks and names upon demand and shall discontinue all use of the other party's marks and names upon termination hereof.