Trademark Sale Consent Guide
Summary
A No Objection Certificate (NOC) is needed for the sale of a trademark. It should include consent from former partners, a statement that the firm Frontier is the sole user, and that the former partners have not used the trademark since retirement. The NOC must also state that the former partners have no claim, right, or interest in the trademark and include an undertaking not to use or dispute the trademark sale. A draft NOC should be prepared with these elements, ensuring it is issued voluntarily and signed by all former partners.Full Conversation
That only the firm, Frontier, is using the said trademark, and that the erstwhile partners have not been using the said trademark since their retirement
To proceed, ensure that the No Objection Certificate (NOC) includes the following points:
- The firm, Frontier, is the sole user of the trademark.
- The erstwhile partners have not used the trademark since their retirement.
- The erstwhile partners consent to the sale of the trademark.
- The erstwhile partners have no claim, right, or interest in the trademark.
- An undertaking by the erstwhile partners not to use or dispute the trademark sale.
Would you need further assistance in drafting this document or any additional legal guidance?
yes, please draft
Certainly! Below is a draft for the No Objection Certificate (NOC):
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No Objection Certificate
This is to certify that we, the undersigned, erstwhile partners of [Firm Name], hereby give our full and irrevocable consent for the sale of the trademark [Trademark Name] to [Purchaser's Name]. We further state the following:
- The firm, Frontier, is the sole user of the trademark [Trademark Name].
- We have not been using the trademark [Trademark Name] since our retirement from the firm.
- We no longer have any claim, right, or interest in the trademark [Trademark Name].
- We undertake not to use the trademark [Trademark Name] in any manner or dispute the sale of the said trademark.
This certificate is issued upon our free will and without any coercion, providing full consent for the above-mentioned terms.
Date: [Date]
Place: [Place]
Signatures:
*. [Erstwhile Partner * Name]
Signature: ____________________
*. [Erstwhile Partner * Name]
Signature: ____________________
*. [Erstwhile Partner * Name]
Signature: ____________________
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Would you need any additional changes or further legal advice on this matter?