Ownership of the Licensed Marks. The Parties acknowledge that the Company shall retain exclusive ownership of its Trademarks. The Servicer shall not contest or take any other action which would adversely affect the Company’s exclusive ownership of its trademarks or the value, validity, reputation or goodwill associated therewith, and any and all goodwill arising from use of the Company Licensed Marks by the Servicer shall inure to the benefit of the Company. Nothing herein shall give the Servicer any proprietary interest in or to the Company’s Trademarks.
Appears in 3 contracts
Sources: Servicing Agreement, Servicing Agreement (Signet Jewelers LTD), Servicing Agreement (Signet Jewelers LTD)