Common use of Use of Trademarks and Trade Names Clause in Contracts

Use of Trademarks and Trade Names. Each Party recognizes that the name of the other party represents a valuable asset of such other Party and that substantial recognition and goodwill are associated with such trade name and such Party’s various trademarks. Each Party hereby agrees that neither it nor any of its Affiliates shall use the name, logo, or any other trademarks of any other Party except as provided in Sections 10.5 and 10.6 and Exhibit 2, provided written authorization from such other Party. Except as provided in Sections 10.5 and 10.6 and Exhibit 2, nothing in this Agreement constitutes a license entitling either Party to use the other Party’s name, logo or trademarks.