Common use of Excluded Names Clause in Contracts

Excluded Names. The parties hereto acknowledge and agree that no Acquired Company has any right, title or interest in any Excluded Name and no interest in or right to use the Excluded Names is being assigned, licensed, transferred or otherwise conveyed to Buyer or to any Acquired Company pursuant to this Agreement or the transactions contemplated hereby. After the Closing Date, Buyer and its Affiliates (including the Acquired Companies) will promptly, and in any event within ninety (90) days, stop using the Excluded Names. Neither Buyer nor any of its Affiliates (including the Acquired Companies following the Closing) will register, attempt to register or assist another in registering the Excluded Names anywhere in the world as a trademark, service ▇▇▇▇, trade name, corporate name, assumed name, domain name or any other indication of source.