Year 2010 temporary budget to make available the ... - Jersey City
Year 2010 temporary budget to make available the ... - Jersey City
Year 2010 temporary budget to make available the ... - Jersey City
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provided in writing by <strong>the</strong> Red Bull Entities <strong>to</strong> <strong>the</strong> <strong>City</strong> (collectively, <strong>the</strong> "Red Bull Intellectual Propert") solely for <strong>the</strong><br />
purpose of fulfillng <strong>the</strong> <strong>City</strong>'s obligations and providing <strong>the</strong> Red Bull Entities <strong>the</strong> Services under this Agreement;<br />
provided, however, that <strong>the</strong> <strong>City</strong> shall obtain <strong>the</strong> Red Bull Entities' prior written approval of samples of each proposed<br />
use of <strong>the</strong> Red Bull Intellectual Propert. The <strong>City</strong> acknowledges that any use of <strong>the</strong> Red Bull Intellectual Propert<br />
approved by <strong>the</strong> Red Bull Entities in accordance with <strong>the</strong> terms herein shall be limited solely <strong>to</strong> use during <strong>the</strong> Term<br />
except as o<strong>the</strong>rwise agreed <strong>to</strong> in writing by <strong>the</strong> Red Bull Entities. The Red Bull Intellectual Propert shall be used only<br />
in <strong>the</strong> exact form, size, style and type prescribed and approved by <strong>the</strong> Red Bull Entities without deviation. The <strong>City</strong><br />
shall not use <strong>the</strong> Red Bull Intellectual Propert in combination with any o<strong>the</strong>r trademark, service mark, logo, prefix,<br />
suffx or o<strong>the</strong>r modifying words, designs, or symbols without <strong>the</strong> prior written approval of <strong>the</strong> Red Bull Entities. Any<br />
use of <strong>the</strong> Red Bull Intellectual Propert in pho<strong>to</strong>graphs, video or digital content shall be approved in advance and in<br />
writing by <strong>the</strong> Red Bull Entities in <strong>the</strong>ir sole discretion. The <strong>City</strong> agrees that it shall not (nor allow any third par <strong>to</strong>)<br />
deface, blur, cover, remove, black out or o<strong>the</strong>rwise alter any Red Bull Intellectual Property. The <strong>City</strong> agrees that: (i)<br />
any use of <strong>the</strong> Red Bull Intellectual Propert shall be in accordance with <strong>the</strong> approvals provided by <strong>the</strong> Red Bull<br />
Entities without change; (ii) each use of <strong>the</strong> Red Bull Intellectual Propert by <strong>the</strong> <strong>City</strong> will not disparage, denigrate,<br />
tarnish or reflect adversely on <strong>the</strong> Red Bull Entities, <strong>the</strong> Red Bull Intellectual Propert, <strong>the</strong> Event and/or any Red Bull<br />
Entity's business; and (iii) it shall not use <strong>the</strong> Red Bull Intellectual Propert or any marks confusingly similar <strong>the</strong>re<strong>to</strong><br />
for any unauthorized use or in any unauthorized manner. O<strong>the</strong>r than <strong>the</strong> rights of use specifically granted herein, <strong>the</strong><br />
<strong>City</strong> shall not acquire any right <strong>to</strong> use, and shall not use without <strong>the</strong> Red Bull Entities' express prior written consent,<br />
any Red Bull Intellectual Propert. The Red Bull Intellectual Propert is and shall remain exclusively <strong>the</strong> propert of<br />
<strong>the</strong> Red Bull Entities or its affiiates. The <strong>City</strong> acknowledges that it has no right, title or o<strong>the</strong>r interest in or <strong>to</strong> <strong>the</strong> Red<br />
Bull Intellectual Propert o<strong>the</strong>r than <strong>the</strong> limited right <strong>to</strong> use as set forth herein. The <strong>City</strong> agrees that it wil do nothing<br />
inconsistent with such ownership and acknowledges that <strong>City</strong>'s use of <strong>the</strong> Red Bull Intellectual Propert shall inure<br />
solely <strong>to</strong> <strong>the</strong> benefit of <strong>the</strong> Red Bull Entities. Upon <strong>the</strong> termination or expiration of <strong>the</strong> Agreement, <strong>the</strong> <strong>City</strong> shall<br />
immediately cease using, in any manner whatsoever, <strong>the</strong> Red Bull Intellectual Propert and any o<strong>the</strong>r propert of <strong>the</strong><br />
Red Bull Entities except as o<strong>the</strong>rwise agreed <strong>to</strong> in writing by <strong>the</strong> Red Bull Entities. The <strong>City</strong> shall not transfer, assign<br />
or sublicense any of <strong>the</strong> rights granted under this Agreement. The <strong>City</strong> agrees not <strong>to</strong> apply for any state, federal or<br />
foreign trademark or service mark registration pertaining <strong>to</strong> or including any Red Bull Intellectual Propert or any<br />
confusingly similar trademarks. The <strong>City</strong> acknowledges that <strong>the</strong> unauthorized use of <strong>the</strong> Red Bull Intellectual Propert<br />
wil cause ireparable harm <strong>to</strong> <strong>the</strong> Red Bull Entities and that, in <strong>the</strong> event of a breach ofthis Section 5(b), <strong>the</strong> Red Bull<br />
Entities shall be entitled <strong>to</strong> an injunction in addition <strong>to</strong> any o<strong>the</strong>r remedies <strong>available</strong> at law or in equity. The <strong>City</strong> shall<br />
promptly inform <strong>the</strong> Red Bull Entities as soon as it becomes aware of any infringement of <strong>the</strong> Red Bull Intellectual<br />
Propert.<br />
6. COMPLIANCE WITH LAWS. The Red Bull Entities and <strong>the</strong> <strong>City</strong> wil each perform <strong>the</strong>ir respective<br />
obligations under this Agreement in accordance with all laws, statutes, ordinances, rules, regulations and requirements<br />
of all governmental agencies and regula<strong>to</strong>ry bodies having jurisdiction with respect <strong>to</strong> <strong>the</strong> subject matter herein.<br />
7. REPRESENTATIONS AND WARRNTIES.<br />
(a) <strong>City</strong> Representations and Warranties. The <strong>City</strong> represents, warrants and covenants that: (i) it has <strong>the</strong><br />
full right and authority <strong>to</strong> enter in<strong>to</strong> and fully perform its obligations under this Agreement in accordance with its terms;<br />
(ii) it is not, and wil not be party <strong>to</strong> any agreement that would prevent, limit or hinder in any way its abilty <strong>to</strong> enter in<strong>to</strong><br />
this Agreement, grant any of <strong>the</strong> rights contained herein or perform any of its obligations hereunder; (iii) it is duly<br />
authorized <strong>to</strong> grant all of <strong>the</strong> rights <strong>to</strong> <strong>the</strong> Red Bull Entities contained herein, including, without limitation, <strong>the</strong> rights<br />
described in Section 5(a) hereunder; (iv) it shall perform its obligations hereunder in accordance with general industry<br />
standards and any specific requirements set forth by <strong>the</strong> Red Bull Entities; (v) <strong>the</strong> Red Bull Entities' exercise of any of<br />
<strong>the</strong> rights granted hereunder wil not violate or infringe upon any intellectual propert right, any common law right or<br />
any o<strong>the</strong>r right of any third part, or violate any law; (vi) it has not and wil not take any action that would limit,<br />
diminish or impair <strong>the</strong> rights granted <strong>to</strong> <strong>the</strong> Red Bull Entities hereunder; and (vii) <strong>the</strong>re is no action, suit or proceeding<br />
before any cour or governental body, now pending or, <strong>to</strong> <strong>the</strong> <strong>City</strong>'s knowledge, threatened against or seeking <strong>to</strong><br />
prevent <strong>the</strong> <strong>City</strong>'s performance of its obligation hereunder.<br />
(b) Red Bull Entities' Representations and Warranties. Each of<br />
<strong>the</strong> Red Bull Entities represents, warrants<br />
and covenants that: (i) it has <strong>the</strong> full right and authority <strong>to</strong> enter in<strong>to</strong> and fully perform its obligations under this<br />
Agreement in accordance with its terms; (ii) it is not, and wil not be par <strong>to</strong> any agreement that would prevent, limit or<br />
hinder in any way its ability <strong>to</strong> enter in<strong>to</strong> this Agreement, grant any of <strong>the</strong> rights contained herein or perform any of its<br />
obligations hereunder; (iii) it is duly authorized <strong>to</strong> grant all of <strong>the</strong> rights <strong>to</strong> <strong>the</strong> <strong>City</strong> contained herein; (iv) <strong>the</strong> <strong>City</strong>'s<br />
exercise of any of <strong>the</strong> rights granted hereunder wil not violate or infringe upon any intellectual propert right, any<br />
fRBOOOlS123 V4)<br />
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