Common use of Ownership and Quality Clause in Contracts

Ownership and Quality. MPC agrees, on behalf of itself and the MPC Entities, that ownership of the MPLX Marks and the goodwill relating thereto shall remain vested in the General Partner, for the benefit of the Partnership, during the term of the MPLX License and thereafter. MPC agrees, and agrees to cause the MPC Entities, never to challenge, contest or question the validity of the General Partner’s ownership of the MPLX Marks or any registration thereof by the General Partner or the Partnership. In connection with the use of the MPLX Marks, neither MPC nor any of the MPC Entities shall in any manner represent that they have any ownership in the MPLX Marks or registration thereof. MPC, on behalf of itself and the MPC Entities, acknowledges that the use of the MPLX Marks shall not create any right, title or interest in or to the MPLX Marks, and all use of the MPLX Marks by MPC or any of the MPC Entities shall inure to the benefit of the General Partner and the Partnership. MPC agrees, and agrees to cause the MPC Entities, to use the MPLX Marks in accordance with such quality standards established by the General Partner, on behalf of and for the benefit of the Partnership, and communicated to MPC from time to time.

Appears in 2 contracts

Sources: Omnibus Agreement, Omnibus Agreement (MPLX Lp)