Licensed Trade Names definition
Examples of Licensed Trade Names in a sentence
As between Licensee and UL, Licensee shall be responsible for procuring, and shall use Reasonable Efforts to maintain, all Licensed Domain Names, Licensed Social Media Handles and Licensed Trade Names, all of which shall be for the benefit of UL.
The Licensee shall operate jewelry departments or stores or conduct related activities in connection with the Licensed Trade Names only in a manner that will protect the reputation of the Licensed Trade Names.
The Licensee shall be solely responsible for and shall comply with all laws, rules and regulations, if any, of Governmental Authorities in connection with the operation of jewelry departments or stores in connection with the Licensed Trade Names and the related purchasing, consigning, merchandising, selling, marketing, promoting, advertising, distributing, manufacturing, importing of or other activities relating to any goods or services.
The Licensee shall not use or register or claim rights in any trade name, trade dress or other indicia confusingly similar, in whole or in part, to the Licensed Trade Names.
The Licensee shall apply such trade name notices, copyright notices or other markings in connection with the Licensed Trade Names as may be necessary or reasonably deemed desirable by the Licensor under the laws or regulations of each jurisdiction of the Territory where such Licensed Trade Names are used.
The Licensee shall promptly notify the Licensor of any claim of infringement or any complaint based upon the Licensee's use of the Licensed Trade Names and of any suit, action or proceeding brought against the Licensee based upon said claim or complaint, and the provisions of Section 10 shall apply.
From time to time, pursuant to the request of the Licensee delivered to the Licensor, the Licensor, at the Licensee's expense, shall execute and deliver such instruments and documents and take such actions as the Licensee may reasonably request in order to allow the Licensee the use of the Licensed Trade Names contemplated hereby or otherwise to carry out the purposes and intent of this Agreement.
The Licensor will have the obligation to take whatever steps are reasonably necessary or desirable to protect the Licensed Trade Names from any such infringement or other harmful or wrongful activities of third parties and shall have the right to control any litigation or other proceeding undertaken by it for any such purpose.
The Licensee acknowledges and agrees that the Licensee shall not acquire any right, title or interest in or to the Licensed Trade Names as a result of this License Agreement, or the Licensee's use thereof, or as a result of any other act or thing, that the Licensee shall not attack the Licensor's title to or ownership of the Licensed Trade Names, and that all use of the Licensed Trade Names by the Licensee and all goodwill generated thereby shall inure to the benefit of the Licensor.
All rights in the Licensed Trade Names other than those specifically granted herein are reserved to the Licensor for its own use and benefit.