Common use of Avoidance of Adverse Actions by Licensee Clause in Contracts

Avoidance of Adverse Actions by Licensee. Licensee hereby covenants that it shall not: (i) use the Marks in any way that may tend to impair their validity as proprietary trademarks or service marks; (ii) take any action that would jeopardize or impair TM Corp.’s ownership of the Marks or the legality and/or enforceability of the Marks, or Coldwell Banker’s right to use the Coldwell Marks and ERA’s right to use the ERA Marks; (iii) either directly or indirectly, apply for the registration or renewal of registration of the Marks or any variation thereon, or any trademark, service m▇▇▇, domain name (except for the Domain Names with respect to renewal as set forth herein), name or other matter which contains or is similar to, the Marks, without the prior written consent of Licensors; (iv) use (except for the Marks and Domain Names as set forth herein) or attempt to register in any jurisdiction, directly or indirectly, any trademark, service m▇▇▇, domain name, name, or other matter containing or similar to any trademark, service m▇▇▇, domain name, or name as to which Licensors or their Affiliates have any registration or proprietary rights; or (v) sublicense any of the Marks, except as permitted in Section 2.04.

Appears in 1 contract

Sources: Trademark License Agreement (PHH Corp)

Avoidance of Adverse Actions by Licensee. Licensee hereby covenants that it shall not: (i) use the Marks in any way that may tend to impair their validity as proprietary trademarks or service marks; (ii) take any action that would jeopardize or impair TM Corp.’s ownership of the Marks or the legality and/or enforceability of the Marks, or Coldwell Banker’s right to use the Coldwell Marks and ERA’s right to use the ERA Marks; (iii) either directly or indirectly, apply for the registration or renewal of registration of the Marks or any variation thereon, or any trademark, service m▇▇▇, domain name (except for the Domain Names with respect to renewal as set forth herein), name or other matter which contains or is similar to, the Marks, without the prior written consent of Licensors; (iv) use (except for the Marks and Domain Names as set forth herein) or attempt to register in any jurisdiction, directly or indirectly, any trademark, service m▇▇▇, domain name, name, or other matter containing or similar to any trademark, service m▇▇▇, domain name, or name as to which Licensors or any of their Affiliates have any registration or proprietary rights; or (v) sublicense any of the Marks, except as permitted in Section 2.04.

Appears in 1 contract

Sources: Trademark License Agreement (PHH Corp)