Common use of Ownership and Rights Clause in Contracts

Ownership and Rights. Purchaser agrees not to challenge the ownership or validity of the Licensed Marks. Purchaser shall not disparage, dilute or adversely affect the validity of the Licensed Marks. Purchaser’s use of the Licensed Marks shall inure exclusively to the benefit of Seller and Purchaser shall not acquire or assert any rights therein. Purchaser recognizes the value of the goodwill associated with the Licensed Marks, and that the Licensed Marks may have acquired secondary meaning in the minds of the public.

Appears in 3 contracts

Samples: Asset Purchase Agreement (Avago Technologies LTD), Asset Purchase Agreement (Agilent Technologies Inc), Asset Purchase Agreement (Avago Technologies LTD)

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Ownership and Rights. Purchaser agrees not to challenge the ownership or validity of the Licensed Marks. Purchaser shall not disparage, dilute or adversely affect the validity of the Licensed Marks. Purchaser’s use of the Licensed Marks shall inure exclusively to the benefit of Seller Agilent and Purchaser shall not acquire or assert any rights therein. Purchaser recognizes the value of the goodwill associated with the Licensed Marks, and that the Licensed Marks may have acquired secondary meaning in the minds of the public.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Avago Technologies LTD), Asset Purchase Agreement (Avago Technologies LTD)

Ownership and Rights. Purchaser agrees not to challenge the ownership or validity of the Licensed Marks. Purchaser shall not disparage, dilute or adversely affect the validity of the Licensed Marks. Purchaser’s use of the Licensed Marks shall inure exclusively to the benefit of Seller Agilent and Seller, as applicable, and Purchaser shall not acquire or assert any rights therein. Purchaser recognizes the value of the goodwill associated with the Licensed Marks, and that the Licensed Marks may have acquired secondary meaning in the minds of the public.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Avago Technologies LTD)

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Ownership and Rights. Purchaser BUYER agrees not to challenge the ownership or validity of the Licensed Marks. Purchaser BUYER shall not disparage, dilute or adversely affect the validity of the Licensed Marks. PurchaserBUYER’s use of the Licensed Marks shall inure exclusively to the benefit of Seller Agilent and Purchaser BUYER shall not acquire or assert any rights therein. Purchaser BUYER recognizes the value of the goodwill associated with the Licensed Marks, and that the Licensed Marks may have acquired secondary meaning in the minds of the public.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ixia)

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