If I file an intent-to-use trademark application for a particular phrase, which phrase is a component of an already-registered trademark (Trademark X) that appears to be distinguishable from my mark, will my trademark registration be a complete defense to any action by the holder of Trademark X? Basically, does the USPTO's acceptance of a trademark application operate as a determination that the underlying mark is sufficiently distinct from existing registered trademarks, such that acceptance of an application effectively gives the applicant a green light to use the mark as described in the application.
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