Reversion of Marks Sample Clauses
The Reversion of Marks clause establishes that ownership or rights to certain trademarks, service marks, or other identifying marks will revert to a specified party, typically upon the termination or expiration of an agreement. In practice, this means that if a licensee or partner has been granted the right to use a mark during the term of a contract, those rights automatically return to the original owner once the agreement ends. This clause ensures that control over valuable brand assets is maintained by the rightful owner and prevents unauthorized or continued use of marks after the business relationship concludes.
Reversion of Marks. Upon termination of this Agreement for any reason, the right to use herein granted for the United Marks will immediately revert back to United, and Contractor will have no right to use such Marks in any way. Further, Contractor will, at its sole cost and expense immediately upon termination of this Agreement, remove all United Marks from its aircraft, its other vehicles, the uniforms of its personnel, its facilities and from any and all other places or things controlled or formerly controlled by Contractor.
Reversion of Marks. Upon termination of this Agreement for any reason, the right to use herein granted for the United Marks for the purpose of providing air transportation services for United will immediately revert back to United, and Contractor will have no right to use such Marks for that purpose. Further, upon termination of this Agreement, Contractor will, at its sole cost and expense, remove all United Marks from its aircraft and any related items used specifically for providing air transportation for United and from any and all other places or things controlled or formerly controlled by Contractor as soon as commercially reasonable, but in any event within 10 days after such termination.