Ownership By the Manager Clause Samples

Ownership By the Manager. The Manager covenants that it owns all right, title and interest in and to the Trademarks, Trade Secrets and the Indicia of Ownership (referred to collectively as the “Proprietary Items”) so as to permit their use in connection with the Restaurant. The Owner expressly acknowledges the Manager’s exclusive right, title and interest in and to the Proprietary Items, both collectively and individually, and agrees not to represent in any manner that the Owner has any ownership rights therein. The Owner further agrees that use of the Proprietary Items at the Restaurant shall not create in Owner’s favor any right, title or interest or other attributes of ownership in or to the Proprietary Items. The Owner acknowledges and expressly agrees that any and all goodwill associated with the Proprietary Items and the Manager’s system for developing and operating Shells restaurants shall inure exclusively to the benefit of the Manager. The Owner shall have no claim for compensation for any part of the goodwill attributable to the use of the Proprietary Items at the Restaurant or to the Owner’s performance of its duties under this Agreement.
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Ownership By the Manager. The Manager expressly acknowledges the Owner's exclusive right, title and interest in and to the Trademarks, the Indicia of Ownership and the Trade Secrets (collectively, the "Proprietary Items"), both collectively and individually, and agrees not to represent in any manner that the Manager has any ownership rights therein. The Manager further agrees that use of the Proprietary Items at the Restaurant shall not create in Manager's favor any right, title or interest or other attributes of ownership in or to the Proprietary Items. The Manager acknowledges and expressly agrees that any and all goodwill associated with the Proprietary Items and "Shells" system for developing and operating restaurants shall inure exclusively to the benefit of the Owner. The Manager shall have no claim for compensation for any part of the goodwill attributable to the use of the Proprietary Items at the Restaurant or to the Manager's performance of its duties under this Agreement.
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Related to Ownership By the Manager

  • Termination by the Manager This Agreement may be terminated by the Manager if: (a) the Resident fails to check into their assigned Room within five (5) days of the first day of the Semester; (b) the Resident abandons their Room as detailed in section 8.03 of this Agreement; (c) the Resident decides not to accept the Room they were assigned, or any alternate rooms offered to them during the course of this Agreement; or (d) the Resident violates any of the terms of this Agreement, including violations of the Residence Community Living Standards or Institution Standards. Written Notice of Termination of Residency will be delivered to the Resident, and if necessary, the Manager may notify the Primary or Secondary Contact by phone or e-mail of the termination of the Resident’s residency. If the Resident is unavailable to receive service of the notice in person, then delivery of the notice to the Resident’s Room shall be deemed proper service and delivery. The Resident will be allowed 24 hours from the date and time of delivery of the Notice of Termination of Residency to fully vacate and remove all personal belongings from the Residence.

  • Maintenance by the Manager Throughout the Term the Manager will inspect, maintain, repair and replace elements of the Residence in order to keep the Residence in a good condition and state of repair, complying with health, safety and fire standards required by law. This includes, but is not limited to, inspecting and testing fire safety equipment, major appliances, electrical, bathroom fixtures and plumbing.

  • EXPENSES BORNE BY THE MANAGER The Manager will pay: (a) The compensation and expenses of all officers and executive employees of the Fund; (b) The compensation and expenses of all directors of the Fund who are persons affiliated with the Manager; and (c) The expenses of the organization of the Fund, including its registration under the Investment Company Act of 1940, and the initial registration and qualification of its Capital Stock for sale under the Securities Act of 1933 and the Blue Sky laws of the states in which it initially qualifies.

  • Indemnification by the Manager The Trust shall not be responsible for, and the Manager shall indemnify and hold the Trust or any Fund harmless from and against, any and all losses, damages, costs, charges, counsel fees, payments, expenses and liability arising out of or attributable to the willful misfeasance, bad faith, negligent acts or reckless disregard of obligations or duties on the part of the Manager or any of its officers, directors, employees or agents.

  • COMPENSATION TO BE PAID BY THE FUND TO THE MANAGER The Fund will pay to the Manager as compensation for the Manager’s services rendered, for the facilities furnished and for the expenses borne by the Manager pursuant to paragraphs (a), (b), and (c) of Section 1, a fee, based on the Fund’s Average Net Assets, computed and paid monthly at the annual rates set forth on Schedule B attached to this Contract, as from time to time amended. The Fund’s “