JCap definition
JCap means Jefferson Capital Systems, LLC, a Georgia limited liability company, and its successors and assigns.
JCap and “JCap Advisors”, or any other name or designation included in the Purchased Assets; provided, however, that if the REIT changes its name to a name other than “J▇▇▇▇▇▇▇ Capital” following Closing, then commencing one year after the date of such change of name, D▇▇▇ ▇▇▇▇▇▇▇▇ and his family shall have the right to utilize the name “J▇▇▇▇▇▇▇ Capital” in connection with any J▇▇▇▇▇▇▇ Family Business. In addition, with the exception described in the immediately preceding sentence, no Seller Party shall, at any time from and after the Closing, make any trade name or other filing or otherwise register any business or Intellectual Property in any jurisdiction or with any Governmental Authority, to the extent such filing or registration involves any trade names used in the Business, including the names “J▇▇▇▇▇▇▇ Capital”, “JCap” and “JCap Advisors”, or any other name or designation included in the Purchased Assets. Purchaser may, after the Closing, file all such documents necessary to register the Business or any Intellectual Property of Seller as a trade or fictitious name in such jurisdictions as Purchaser shall deem necessary, and Seller shall cooperate as reasonably requested in connection therewith, including execution of assignments or releases of such names with any Governmental Authority. Within five (5) Business Days after Closing, Seller shall provide Purchaser with evidence that Seller has filed the necessary documents to change its name with the Secretary of State of the State of Florida and each state listed on Schedule 3.1(a) of Seller’s Disclosure Letter to one that does not include and is not otherwise in any way similar to Seller’s or the REIT’s current name.
JCap means Jefferson Capital Systems, LLC, a Georgia limited liability company. For purposes of this Agreement, all references to JCAP shall refer to JCAP and its operations prior to the Pre-Closing Reorganization.