Licensed Brand definition
Examples of Licensed Brand in a sentence
You acknowledge and agree that this Agreement is a license for the Licensed Brand only, and the programs that are unique to the Licensed Brand.
Licensee shall, and shall cause Sublicensees to conform all uses of the Licensed Brand Assets in accordance with the Brand Guidelines, as amended, as soon as reasonably practicable and in no event later than six (6) months after Licensee’s receipt thereof with regard to use for marketing materials and all uses in connection with Licensee’s services.
You have expressed an interest in operating the property identified on the Rider under the Licensed Brand.
Licensee and Sublicensees shall promptly undertake steps to end their use of the Licensed Brand Assets and shall end such use by the time periods indicated below.
Licensee’s usage of the Licensed Brand Assets, including all goodwill and any additional value created by such usage of the Licensed Brand Assets, shall inure solely to the benefit of UL.
Licensee’s ownership of any copyrighted materials incorporating the Licensed Brand Assets is subject to the rights granted by UL hereunder and UL’s ownership of underlying Licensed Brand Assets.
Licensee may not settle any such suit or enter into any other agreement affecting the UL Masterbrand, any of the Licensed Brand Assets and/or UL’s rights in them without UL’s prior written approval.
Licensee will not be relieved of any of its obligations hereunder with respect to any sublicense to a Sublicensee and will be responsible for any action (or inaction) of each Sublicensee with respect to any such sublicense as if such action (or inaction) were an action (or inaction) of Licensee as relates to the Licensed Brand Assets.
Licensee may only grant sublicenses to the Licensed Brand Assets to Sublicensees in writing on a non-exclusive, non-transferable, revocable and terminable basis and all remaining terms shall be further limited solely to the rights granted to Licensee herein.
As between UL and Licensee, UL is the sole and exclusive owner of all right, title and interest in and to the UL Masterbrand and the Licensed Brand Assets in the Territory and all the goodwill associated therewith.