Mark License; Network Decals. (a) For the duration of this Agreement, First Data grants the Company a revocable, royalty free, non-exclusive, limited license that cannot be assigned, transferred, or further sublicensed, to use the Networks’ trademarks and service marks (together, Protected Marks) in Hong Kong, according to the applicable Network Rules. This license does not grant the Company any other intellectual property right, title, interest, or claim (express or implied, by estoppel, or otherwise) to the Protected Marks. The Company will not take any action that impairs an owner’s intellectual property rights in its Protected Marks. (b) The Company will discontinue use of the Networks’ decals, promotional, or other materials after termination of this Agreement. The Company will not indicate that its products or services are endorsed by any of the Networks. (c) Save for the limited license granted under clause 1.11, nothing in this Agreement shall be interpreted as granting to the Company a license to use First Data's intellectual property. The Company shall promptly notify First Data of any infringement or threatened infringement or of any challenges to the validity or ownership of any of First Data's intellectual property, and the Company will provide reasonable assistance to First Data, at First Data's reasonable expense, in connection with First Data's defence to such challenges. (d) First Data may include the Company's name, description, and hyperlinks to the Company's website, on First Data's website and other marketing material.
Appears in 1 contract
Sources: Merchant Agreement
Mark License; Network Decals. (a) For the duration of this Agreement, First Data grants the Company a revocable, royalty free, non-exclusive, limited license that cannot be assigned, transferred, or further sublicensed, to use the Networks’ trademarks and service marks (together, Protected Marks) in Hong KongMalaysia, according to the applicable Network Rules. This license does not grant the Company any other intellectual property right, title, interest, or claim (express or implied, by estoppel, or otherwise) to the Protected Marks. The Company will not take any action that impairs an owner’s intellectual property rights in its Protected Marks.
(b) The Company will discontinue use of the Networks’ decals, promotional, or other materials after termination of this Agreement. The Company will not indicate that its products or services are endorsed by any of the Networks.
(c) Save for the limited license granted under clause 1.11, nothing in this Agreement shall be interpreted as granting to the Company a license to use First Data's intellectual property. The Company shall promptly notify First Data of any infringement or threatened infringement or of any challenges to the validity or ownership of any of First Data's intellectual property, and the Company will provide reasonable assistance to First Data, at First Data's reasonable expense, in connection with First Data's defence to such challenges.
(d) First Data may include the Company's name, description, and hyperlinks to the Company's website, on First Data's website and other marketing material.
Appears in 1 contract
Sources: Merchant Agreement