IHS Systems definition
Examples of IHS Systems in a sentence
Lyric and each Franchisee shall not thereafter, directly or indirectly, represent to the public that their business is or was operated or in any way connected with the IHS Systems or hold itself out as a present (or, publicly, as a former) franchisee of Franchisor at or with respect to any premises from or at which its business operated.
To enhance the public image and reputation of businesses operating under the IHS Systems, to protect the goodwill associated with the Proprietary Materials, and to increase the demand for services and products provided by Franchisor and all Franchisees, the parties agree to the further provisions set forth below.
Cease to be a Franchisee of Franchisor under this Agreement and cease to operate its business under the IHS Systems.
Such manuals and other materials (together, the "IHS Systems Materials") shall be prepared in a manner suitable for use by Franchisor in franchising others to use the IHS Systems.
Without limiting the foregoing, Lyric and each Franchisee agree that in the event of any termination or expiration of this Agreement, it will remove all signage bearing the Proprietary Materials, and will remove from their respective premises any items which are characteristic of the IHS Systems "trade dress".
Franchisor, Lyric, and all Franchisees agree to cooperate in the creation, enhancement and updating of written manuals and materials setting forth the treatment, financial, legal and other protocols, programs and procedures, quality standards, quality assessment methods, performance improvement and monitoring programs and other matters comprising the IHS Systems.
Lyric and each Franchisee agree to disclose promptly to Franchisor all discoveries made or ideas conceived by Lyric or such Franchisee, their Affiliates, or their employees, pertaining to the IHS Systems (including any enhancements and updates).
No changes shall be made by Lyric or any Franchisee to the IHS Systems or the IHS Systems Materials without the Franchisor's express written consent which shall not be unreasonably withheld.
All protocols, programs, procedures, standards and methods, all IHS Systems Materials, and all upgrades, enhancements, and modifications to same (whether developed by Franchisor, Lyric or any Franchisee), shall be owned by Franchisor and may be used by Lyric and the Franchisees only under and pursuant to this Agreement and the Facility Franchise Agreements.
Lyric agrees further that any and all goodwill associated with the IHS Systems and identified by the Proprietary Materials shall inure directly and exclusively to the benefit of Franchisor and IHS.