Transition Agreement. The Buyer and the Sellers shall negotiate in good faith and execute an agreement (the “Transition Agreement”) at Closing pursuant to which, inter alia, the Seller Group shall be entitled to use without cost the Transferred Intellectual Property (including the name “Borders”) following the Closing to the extent reasonably required in connection with the performance of this Agreement by the Sellers.
Appears in 3 contracts
Sources: Asset Purchase Agreement (Borders Group Inc), Asset Purchase Agreement, Asset Purchase Agreement