Use of Licensed Marks. (a) If any Licensed Products and ▇▇▇▇ Merchandise do contain Licensed Marks, ▇▇▇▇ shall determine the placement of such Licensed Marks within such Licensed Products and ▇▇▇▇ Merchandise subject to the input and approval of Licensor, which shall not be unreasonably withheld or delayed. (b) ▇▇▇▇ acknowledges and agrees that (i) the Licensed Marks are and shall remain the sole property of Licensor; (b) nothing in this Agreement shall convey to ▇▇▇▇ any right of ownership in the Licensed Marks; (c) ▇▇▇▇ shall not in any manner take any action that would impair the value of, or goodwill associated with, the Licensed Marks. (c) ▇▇▇▇ shall obtain prior approval of Licensor before ▇▇▇▇’▇ use of the Licensed Marks with any Licensed Products and ▇▇▇▇ Merchandise, which shall not be unreasonably withheld or delayed; provided however, Licensor hereby consents to the use of the Licensed Marks with the Existing Licensed Products and ▇▇▇▇ Merchandise in a form substantially similar as currently used by ▇▇▇▇.
Appears in 2 contracts
Sources: License Agreement, License Agreement (Therapeutic Solutions International, Inc.)