Examples of ITT Marks in a sentence
Notwithstanding any other provisions in this License Agreement to the contrary, in the event and to the extent that there shall be a conflict between the provisions of this License Agreement as it relates to the ITT Name and ITT Marks, and the provisions of the Distribution Agreement or the IP Agreement, this License Agreement shall control.
This License Agreement may be assigned by Licensor to ITT Destinations or any other company which hereafter owns the ITT Marks and ITT Name.
Notwithstanding anything in this Agreement to the contrary, Exelis and its Covered Affiliates may use the ITT Marks at all times after the Distribution Date (i) in a neutral, non-trademark use to describe the history of their business; or (ii) as required or permitted by applicable law.
However, cost recovery is inherently backward looking and charges ‘sticky’ as it is very difficult to win support for higher prices let alone generate surplus cash to fund innovation and systems investment.
ITT Destinations owns all worldwide right, title, and interest in and to the ITT Name and the ITT Marks.
For the avoidance of doubt, molds, tools and dyes that imprint or stamp any ITT Marks into spare parts for Legacy Products discontinued before the Distribution Date or during the Unified License Term may be used and such spare parts may be sold, until (i) the expiration of Exelis’s contractual obligations to provide such spare parts or (ii) such spare parts become obsolete.
For purposes of this Section 2.05, expansion of license rights shall mean a right to use the ITT Name and/or the ITT Marks: (i) within the scope of the ITT Hartford Business and/or ITT Hartford Expanded Business by an ITT Hartford Sublicensee after it ceases to be a Subsidiary of ITT Hartford; or (ii) outside or within the scope of the ITT Hartford Business or ITT Hartford Expanded Business by ITT Hartford or the ITT Hartford Sublicensees if a Change of Control of ITT Hartford occurs.
Exelis and its Covered Affiliates acknowledge that the licenses in this Section 2.3 are transitional in nature, and that Exelis and its Covered Affiliates shall use commercially reasonable efforts to transition away from substantially all of the following uses of the ITT Marks promptly after the Distribution Date.
ITT Hartford and the ITT Hartford Sublicensees agree that nothing herein shall give ITT Hartford or the ITT Hartford Sublicensees any right, title or interest in the ITT Name or the ITT Marks apart from the rights to use, and to sublicense the use, granted or to be granted hereunder, and to retain any remuneration resulting therefrom, all such right, title and interest, including but not limited to rights of registration, maintenance and enforcement, being solely with Licensor.
Nothing in this License Agreement shall preclude ITT Industries, ITT Destinations, ITT Hartford nor any of their respective subsidiaries or affiliates from operating in any business provided neither the ITT Name nor the ITT Marks are used in such business.