Property Marks definition
Examples of Property Marks in a sentence
Each Participating Chain and Participating Property shall own all right, title and interest, including without limitation all copyrights, patents, trademarks, trade secrets and other intellectual property rights, in and to its respective Chain Marks or Property Marks.
As between Owner and Manager, rights to any web site for the Property, as well as graphics and materials posted on such web site (excluding all Intellectual Property Rights relating to the Property Marks and the Proprietary Property), shall be the Property of Owner and, to the extent that Manager hosts or contracts for such web site or its development, Manager shall make arrangements for such rights to inure to Owner.
Further, without limiting any representation, warranty or covenant of Seller expressly set forth herein, Buyer acknowledges that it has waived and hereby waives as a condition to Closing any further due diligence reviews, inspections or examinations with respect to the Membership Interests, Property, FF&E, Property Marks and Guest Data, including with respect to engineering, environmental, survey, financial, operational, regulatory and legal compliance matters.
As between Landlord and Tenant, with respect to such right and license, Tenant shall, during the Term, have the sole and exclusive right to determine its use of the Property Marks, including the form of presentation of the Property Marks in the operation of the Premises, all uses of the Property Marks in marketing, sales, advertising and promotional materials of the Premises, any goods or services relating to the Premises and any signage for the Premises.
Except for as set forth in Schedule 6.4, the Property Marks constitute all of the trademark and branding rights necessary for the Seller to conduct its respective businesses and operations at or in connection with the Property as currently being conducted.
In any event, ORBITZ agrees not to use the Chain Marks and Property Marks in any manner that could reasonably be expected to have an adverse impact on the goodwill attached to such marks.
In the event that any of the Property Marks and Content is owned by a particular Member and under the control, operation or administration of Customer during the Term ("Member Property Marks and Content"), Customer hereby permits Regatta Travel Solutions Inc.
Except for the express license rights granted in this Agreement, Customer retains all rights, title and interest in and to the Property Marks and Member Content, including all Intellectual Property Rights therein.
Subject to the conditions and on the terms contained in this Contract, on the Closing Date, Seller shall sell, convey and transfer to Buyer, and Buyer shall purchase from Seller, all of the Membership Interests in New Property Owner, which will own the Property, FF&E and Property Marks and which will co-own the Guest Data (subject to the Use Restrictions) at Closing (collectively, the “Purchased Assets”).
ORBITZ acknowledges that the Pegasus Marks, Chain Marks and Property Marks are owned by PEGASUS, the Participating Chains and the Participating Properties respectively and their use by ORBITZ in connection with this Agreement inures to the benefit of PEGASUS, the Participating Chains and the Participating Properties respectively.