ITT Name definition

ITT Name means the worldwide rights to that portion of any company or trade name consisting of the letters "ITT", and the goodwill associated therewith.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

ITT Name means that portion of any company or trade name consisting of the letters "ITT", and the goodwill associated therewith.

ITT Name means the worldwide rights to that portion of any company and trade name consisting of the letters "ITT" and the goodwill associated therewith. (o) "ITT Marks" shall mean the worldwide rights to all trademarks and service marks consisting of the letters "ITT", either alone or in combination with other words, together with all registrations thereof and all applications thereof now or hereafter filed or obtained, and the goodwill associated therewith. (p) "ITT Sheraton" shall mean, prior to the Sheraton Merger, ITT Sheraton, and upon consummation of the Sheraton Merger, ITT Destinations, or any successor to ITT Destinations. (q) "Permitted Manner of Use" shall mean use of the ITT Name and the ITT Marks in accordance with all legal requirements and also with ITT Sheraton's policy and style standards as currently existing and as may be reasonably amended from time to time by ITT Sheraton. (r) "Phaseout Period" shall mean a period of three (3) months from the termination of that portion of this IP Agreement relating to the ITT Name and ITT Marks during which period all use of the ITT Name and ITT Marks by ITT Information Services and its Subsidiaries, as the case may be, shall be phased out in accordance with the provisions of this IP Agreement. (s) "Retained Business" shall have the meaning set forth in the Destinations Distribution Agreement. (t) "Service Mark ▇▇▇ense Agreement" shall mean the Trade Name and Service Mark ▇▇▇ense Agreement that forms Exhibit B-2 of the Destinations Distribution Agreement and executed contemporaneously with this IP Agreement. (u) "Subsidiary" shall mean any corporation, partnership or other entity of which another entity (i) owns, directly or indirectly, ownership interests sufficient to elect a majority of the Board of Directors (or persons performing similar functions) (irrespective of whether at the time any other class or classes of ownership interests of such corporation, partnership or other entity shall or might have such voting power upon the occurrence of any contingency) or (ii) is a general partner or an entity performing similar functions (e.g., 3 44 a trustee or managing member). For purposes of this Agreement, ITT-Dow Jone▇ ▇▇▇evision and its Subsidiaries shall be deemed to be Subsidiaries of ITT Destinations. (v) "Trademarks" shall mean and include trademarks, trade names, company names, service marks, trade dress, the registrations thereof, the applications therefor and the goodwill associated therewith, exclusi...

Examples of ITT Name 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.
ITT Destinations hereby accepts the aforesaid transfer and assignment of the ITT Name and the ITT Marks, including the right to sue ▇▇▇ recover for past infringements thereof.
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.
Neither ITT Hartford, nor any of the ITT Hartford Sublicensees shall use the ITT Name or ITT Marks for any product or service, or with or for any entity, in the ITT Destinations Business or the ITT Industries Business.
ITT Destinations owns all worldwide right, title, and interest in and to the ITT Name and the ITT Marks.
ITT Corporation owns and is assigning to ITT Destinations effective simultaneous with this License Assignment, all worldwide right, title, and interest in and to the ITT Name and the ITT Marks.
At the Closing, ITTI and Purchaser will enter into an ITT Name and Mark ▇▇▇nsition Agreement in the form attached hereto as Exhibit J (the "ITT Name and Mark ▇▇▇nsition Agreement").
The principal basis for withholding such approval would be if the proposed company and/or trade name used in conjunction with the ITT Name would (i) be objectionable from a legal standpoint, or (ii) likely to create confusion, for example, if the proposed name is descriptive of a field of business of the ITT Destinations Business or the ITT Industries Business or too close to a name used by a business of ITT Industries or ITT Destinations.
The form of using the ITT Name in the company and trade names as set forth in Exhibit C annexed hereto is hereby approved for purposes of granting the aforementioned sublicenses.

More Definitions of ITT Name

ITT Name means the worldwide rights to that portion of any company and trade name consisting of the letters "ITT" and the goodwill associated therewith. (v) "ITT Sheraton" shall mean, prior to the Sheraton Merger, ITT Sheraton, and upon consummation of the Sheraton Merger, ITT Destinations, or any successor to ITT Destinations. (w) "ITT World Directories" shall mean ITT World Directories, Inc., a Delaware corporation. (x) "ITT World Directories Sublicensee" shall mean ITT Information Services, and any Subsidiary of ITT Information Services in existence as of, or acquired or formed after, the Distribution Date, provided that the business of any such Subsidiary is solely within the field of the ITT Information Services Business and that ITT World Directories grants a formal sublicense to such Subsidiary pursuant to Section 2.03 hereof. (y) "1995 License Agreement" shall mean the Intellectual Property License Agreement dated November 1, 1995 between and among ITT Industries, Inc., ITT Sheraton Corporation and ITT Hartford Group, Inc. (z) "Permitted Manner of Use" shall mean use of the ITT Name and ITT Marks in accordance with all legal requirements and also with ITT Sheraton's policy and style standards as currently existing and as may be reasonably amended from time to time by ITT Sheraton. (aa) "Phaseout Period" shall mean a period of three (3) months from the termination of that portion of this Service Mark ▇▇▇ense Agreement relating to the ITT Name and Marks during which period all use of the ITT Name and ITT Marks by ITT Information Services, ITT World Directories and/or their Subsidiaries, as the case may be, shall be phased out in accordance with the provisions of this Service Mark ▇▇▇ense Agreement. (bb) "Retained Business" shall have the meaning set forth in the Destinations Distribution Agreement. (cc) "Retained Intellectual Property" shall mean the Intellectual Property (i) owned by ITT World Directories and used in the Retained Business as of, or immediately preceding, the Distribution Date, and (ii) transferred to ITT World Directories pursuant to Article III of the IP Agreement. (dd) "Subsidiary" shall mean any corporation, partnership or other entity of which another entity (i) owns, directly or indirectly, ownership interests sufficient to elect a majority of the Board of Directors (or persons performing similar functions) (irrespective of whether at the time any other class or classes of ownership interests of such corporation, partnership or other en...

ITT Name means the worldwide rights to that portion of any company and trade name consisting of the letters "ITT" and the goodwill associated therewith. (s) "Licensor" shall mean (i) effective as of November 1, 1995, ITT Corporation, (ii) effective as of November 2, 1995, ITT Destinations, and (iii) effective as of immediately prior to the Effective Time and thereafter, ITT Sheraton. (t) "Permitted Manner of Use" shall mean (i) use of ITT Marks, except the ITT Industries Design Mark, ▇▇ accordance with any and all legal requirements and also with Licensor's policy and style standards as currently existing and as may be reasonably amended from time to time by Licensor; (ii) use of the ITT Industries Design Mark ▇▇ accordance with any and all legal requirements, with the guidelines set forth in the ITT Industries Graphic Standards Manual governing the proper use of such ITT Industries Design Mark, ▇▇d with the provisions of Section 2.05 of this License Agreement; and (iii) use of the ITT Name in accordance with any and all legal requirements and with the guidelines set forth in Exhibit D1 annexed hereto. (u) "Phaseout Period" shall be a period of one and one-half (1 1/2) years from the termination of this License Agreement during which period all use of the ITT Name and ITT Marks by ITT Enterprises and/or the ITT Enterprises Sublicensees (as hereinafter defined), as the case may be, shall be phased out in accordance with the provisions of this License Agreement. (v) "Proxy Statement" shall mean the Proxy Statement sent to the holders of shares of ITT Common Stock in connection with the Distribution, including any amendment or supplement thereto. (w) "Subsidiary" shall mean any corporation, partnership, joint venture or other entity of which a Party or Licensor, directly or indirectly owns an interest sufficient to elect a majority of the Board of Directors (or persons performing similar functions) (irrespective of whether at the time any other class or classes of ownership interests of such corporation, partnership or other entity shall or might have such voting power upon the occurrence of any contingency). Irrespective of this definition and for purposes of this License Agreement, Madison Square Garden, L.P. and ITT-Dow Jone▇ ▇▇▇evision, and their respective Subsidiaries will be deemed Subsidiaries of ITT Destinations and, immediately prior to the Effective Time and thereafter, ITT Destinations and its Subsidiaries will be deemed Subsidiaries of ITT Sheraton. 3 4 (...