Common use of Ownership of Marks Clause in Contracts

Ownership of Marks. Each party acknowledges and agrees that (a) the other party's Marks are and shall remain the sole property of the other party, (b) nothing in the Agreement shall confer in a party any right of ownership or license rights in the other party's Marks, and (c) neither party shall register the other party's Marks in any jurisdiction. In addition, Licensee acknowledges and agrees that (i) the Marks of Third-Party Licensors are and shall remain the sole property of such Third- Party Licensors, (ii) nothing in the Agreement shall confer in Licensee any right of ownership or license rights in the Marks of Third-Party Licensors, and (iii) Licensee shall not register the Marks of Third-Party Licensors. Without limiting the generality of the foregoing, Licensee agrees not to use or adopt any trade name, trademark, logo or service mark which is so similar to Fannie Mae's Marks or the Marks of Third-Party Licensors as to be likely to cause deception or confusion, or which is graphically or phonetically similar to any of Fannie Mae's Marks or the Marks of Third-Party Licensors.

Ownership of Marks. Each party acknowledges and agrees that (ai) the other party's Marks are and shall remain the sole property of the other party, (bii) nothing in the this Agreement shall confer in a party any right of ownership or license rights in the other party's Marks, and (ciii) neither party shall register the other party's Marks in any jurisdictionMarks. In addition, Licensee Credit Vendor acknowledges and agrees that (i) the Marks of Third-Party Licensors are and shall remain the sole property of such Third- Third-Party Licensors, (ii) nothing in the this Agreement shall confer in Licensee Credit Vendor any right of ownership or license rights in the Marks of Third-Party Licensors, and (iii) Licensee Credit Vendor shall not register the Marks of Third-Party Licensors. Without limiting the generality of the foregoing, Licensee Credit Vendor agrees not to use or adopt any trade name, trademark, logo or service mark mxxx which is so similar to Fannie Fxxxxx Mae's Marks or the Marks of Third-Party Licensors as to be likely to cause deception or confusion, or which is graphically or phonetically similar to any of Fannie Fxxxxx Mae's Marks or the Marks of Third-Party Licensors.

Ownership of Marks. Each party acknowledges and agrees that (ai) the other party's Marks are and shall remain the sole property of the other party, (bii) nothing in the this Agreement shall confer in a party any right of ownership or license rights in the other party's Marks, and (ciii) neither party shall register the other party's Marks in any jurisdiction. In addition, Licensee acknowledges and agrees that (i) the Marks of Third-Party Licensors are and shall remain the sole property of such Third- Third-Party Licensors, (ii) nothing in the this Agreement shall confer in Licensee any right of ownership or license rights in the Marks of Third-Party Licensors, and (iii) Licensee shall not register the Marks of Third-Party Licensors. Without limiting the generality of the foregoing, Licensee agrees not to use or adopt any trade name, trademark, logo or service mark which is so similar to Fannie Mae's Marks or the Marks of Third-Party Licensors as to be likely to cause deception or confusion, or which is graphically or phonetically similar to any of Fannie Mae's Marks or the Marks of Third-Party Licensors.