Common use of Dissolution of the LLC Clause in Contracts

Dissolution of the LLC. Medicis shall dissolve the LLC within eight (8) months of the Closing Date and shall not use the name Exorex in connection with any of its Affiliates or any Products sold by Medicis or its Affiliates. Medicis shall not infringe or seek to infringe on the Exorex Trademark pursuant to applicable United States law.

Appears in 2 contracts

Sources: Asset Purchase Agreement (Medicis Pharmaceutical Corp), Asset Purchase Agreement (Imx Pharmaceuticals Inc)