Common use of Licensee Restrictions Clause in Contracts

Licensee Restrictions. Licensee agrees that it shall not, during the Term or thereafter, directly or indirectly: (a) take, omit to take, or permit any action which will or may dilute the Licensed Marks or tarnish or bring into disrepute the reputation of or goodwill associated with the Licensed Marks or Licensor, or which will or may invalidate or jeopardize any registration of the Licensed Marks; (b) take any action that would interfere with or prejudice Licensor’s ownership or registration of the Licensed Marks, the validity of the Licensed Marks, or the validity of the License granted by this Agreement; (c) apply for, or obtain, or assist any Third Party in applying for or obtaining any registration of the Licensed Marks, or any trademark, service ▇▇▇▇, trade name, or other indicia confusingly similar to the Licensed Marks in any country; (d) use the Licensed Marks outside the Licensed Field or outside the Territory; or (e) use the Excluded Marks in any manner whatsoever.

Appears in 3 contracts

Sources: Trademark License Agreement, Trademark License Agreement (Kayne Anderson Acquisition Corp), Trademark License Agreement (Kayne Anderson Acquisition Corp)