Trademarks411 | What Do You Understand By Trademark Consent Agreement?

1. Trademarks411 | What Do You Understand By Trademark Consent Agreement? Trademark is essential to protect the intellectual property of a firm. However, a trademark consent agreement is also vital. It is a written agreement that takes place between two trademark owners mentioning that the use of the trademark by each of the owners neither create any confusion for the other one nor it is similar. This agreement is also known by the name of coexistence agreement that is required to settle down any trademark-related disputes. This is also used in case of a rejection based on confusion that has been made by USPTO in the trademark application. The following part of the article would take you through details of the consent agreement and how it can prevent from having a similar use of the trademark in the market.

2. Trademarks411 | What Do You Understand By Trademark Consent Agreement? Appropriate time to get a consent agreement An applicant requests for consent agreement on account of rejection of a pending trademark application. The rejection is done on the ground that it is similar to another trademark that is already in use in the market and it is a registered one. Even if the trademark is pending with an earlier filing date, your company trademark can be rejected from being approved. In such cases, to get out of the rejection of trademark application, the consent agreement is the safest bet. In addition to this, the applicant has to show the priority of use of his business trademark compared to the other dates of trademark filing. Based on the priority of your trademark utility, there is a chance that your consent agreement would be considered and given a second thought before the application is again rejected. Therefore, you can use Trademarks411 is this relation.

3. Trademarks411 | What Do You Understand By Trademark Consent Agreement? Reasons for which trademark owners agree exist together Owners of registered trademark often have to grant consent in problems that arise due to the existence of similar trademarks. As they have gone through efforts of finding the right trademark and registering the same, they should not allow third parties to use similar or close enough trademarks. But the owner can be pursued on certain grounds. The persuasion would depend on leverage that is held by the applicant. Even during the opposition period, depending on the priority of trademark use by the other party, the trademark registration can be rejected. However, in this regard, it is better to Trademarks411. For any related help in registration of a similar trademark, you should conduct online research.

4. Trademarks411 | What Do You Understand By Trademark Consent Agreement? However, to get the consent of the existing trademark owner, the third party owner has to show that there is enough difference in trademarks such as appearance, punctuation, meaning, spelling and others. In addition, the difference can also take place in the goods or service that the two companies are providing. Details of the consent agreement In a well-drafted consent agreement, the dissimilarities between two trademarks should be detailed clearly. This would help the parties to try to reduce the points of confusion between the trademarks. It shall also help to resolve any actual confusion so that it can help to resolve the matter of trademark of confusion completely. In addition, the agreement should state manners of use of a trademark that should be followed by both the parties.

5. Trademarks411 | What Do You Understand By Trademark Consent Agreement? For More Information:- https://www.crunchbase.com/organization/trademarks411 https://www.youtube.com/watch?v=hu38re2c3sw https://facebook.com/trademarks411/ https://www.linkedin.com/in/trademarks411