Prohibited Terms definition
Examples of Prohibited Terms in a sentence
Within 60 days after the Closing Date, Purchaser shall take all actions necessary so that the Purchased Business will have ceased using the Prohibited Terms in any manner and will have removed them from all elements of the Purchased Business including, but not limited to, its stationery, marketing documentation and all other external written communications that contain the Prohibited Terms, buildings, plant, machinery, vehicles, products and packaging.
Purchaser, the Companies, the Subsidiaries and the Purchased Business acknowledge and agree that they will be prohibited from using the Prohibited Terms in any manner whatsoever after the expiry of such 60-day period following the Closing Date.
Promptly after but in no event later than five Business Days after the Closing Date, Purchaser will ensure that all stationery, marketing and all other external written communications used in the Purchased Business that contain Prohibited Terms clearly indicate the true nature of the ownership of the Purchased Business.