Common use of Ownership of Marks Clause in Contracts

Ownership of Marks. MGMA expressly reserves the sole and exclusive ownership of the MGMA Trademarks and all rights relating thereto. Affiliate hereby acknowledges that MGMA is the sole and exclusive owner of the MGMA Trademarks and agrees not to challenge at any time, directly or indirectly, the rights of MGMA thereto or the validity or distinctiveness thereof. Affiliate further agrees not do any act that will prejudice, affect, impair or destroy the title and interest of MGMA in and to the MGMA Trademarks. Use of the MGMA Trademarks by Affiliate under this Agreement shall inure to the benefit of MGMA. Affiliate will not seek to federally register any of its own trademarks incorporating the MGMA Trademarks without first obtaining MGMA’s express written authorization.

Ownership of Marks. MGMA expressly reserves the sole and exclusive ownership of the MGMA Trademarks and all rights relating thereto. Local Affiliate hereby acknowledges that MGMA is the sole and exclusive owner of the MGMA Trademarks and agrees not to challenge at any time, directly or indirectly, the rights of MGMA thereto or the validity or distinctiveness thereof. Local Affiliate further agrees not do any act that will prejudice, affect, impair or destroy the title and interest of MGMA in and to the MGMA Trademarks. Use of the MGMA Trademarks by Local Affiliate under this Agreement shall inure to the benefit of MGMA. Local Affiliate will not seek to federally register any of its own trademarks incorporating the MGMA Trademarks without first obtaining MGMA’s express written authorization.

Ownership of Marks. MGMA expressly reserves the sole and exclusive ownership of the MGMA Trademarks and all rights relating thereto. Partner Affiliate hereby acknowledges that MGMA is the sole and exclusive owner of the MGMA Trademarks and agrees not to challenge at any time, directly or indirectly, the rights of MGMA thereto or the validity or distinctiveness thereof. Affiliate Partner ▇▇▇▇▇▇▇▇▇ further agrees not do any act that will prejudice, affect, impair or destroy the title and interest of MGMA in and to the MGMA Trademarks. Use of the MGMA Trademarks by Partner Affiliate under this Agreement Trademark Agreement, and all goodwill related thereto, shall inure to the benefit of MGMA. Partner Affiliate will not seek to federally register register, either at the federal or state level, any of its own trademarks incorporating the MGMA Trademarks without first obtaining MGMA’s express written authorization.

Ownership of Marks. MGMA expressly reserves the sole and exclusive ownership of the MGMA Trademarks and all rights relating thereto. Affiliate State hereby acknowledges that MGMA is the sole and exclusive owner of the MGMA Trademarks and agrees not to challenge at any time, directly or indirectly, the rights of MGMA thereto or the validity or distinctiveness thereof. Affiliate State further agrees not do any act that will prejudice, affect, impair or destroy the title and interest of MGMA in and to the MGMA Trademarks. Use of the MGMA Trademarks by Affiliate State under this Agreement shall inure to the benefit of MGMA. Affiliate State will not seek to federally register any of its own trademarks incorporating the MGMA Trademarks without first obtaining MGMA’s express written authorization.