Abandonment and Discontinuance Sample Clauses

Abandonment and Discontinuance. Until termination of the Lease Agreement and the Agency Agreement, the Construction Agent shall promptly and diligently complete the development, acquisition, refinancing, installation, construction and testing of each Construction Period Property substantially in accordance with the Plans and Specifications and with the terms hereof and cause the Completion Date with respect to each Construction Period Property to occur on or prior to the Construction Period Termination Date.
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Abandonment and Discontinuance. If either Party (the "Abandoning Party") chooses not to, or otherwise fails to, prosecute and maintain or continue the prosecution and maintenance of all or any portion of its respective MTI Patent Rights or Xxxxxxxx Patent Rights, the other Party shall (i) provide the Abandoning Party with Notice within sixty (60) days prior to the date, if possible, that the Abandoning Parties failure to act is reasonably expected to result in the abandonment of all or any portion of the Abandoning Party's MTI Patent Rights or Xxxxxxxx Patent Rights, and (ii) have the right to prosecute and maintain or continue such prosecution and maintenance of the abandoned portion of the Abandoning Party's MTI Patent Rights and/or Xxxxxxxx Patent Rights in the Abandoning Party's name. The provisions of this Section 13.5(b) shall apply to any portion of a filed patent application that can be effectively segregated, using a continuation, divisional, continuation-in-part or similar filing or procedure, from the remaining portions of such patent application that the Abandoning Party intends to prosecute, maintain or otherwise preserve; provided, however, that maintaining the abandoned portion of the application does not materially and adversely impact the Abandoning Party's ability to prosecute and maintain the rights it has preserved in the original application. Notice. Xxxxxxxx shall promptly give Notice to MTI of the grant, lapse, revocation, surrender, invalidation or abandonment of any of the Xxxxxxxx Patent Rights and of the initiation of any proceedings relating thereto. MTI shall promptly give Notice to Xxxxxxxx of the grant, lapse, revocation, surrender, invalidation or abandonment of any of the MTI Patent Rights and of the initiation of proceedings relating thereto.
Abandonment and Discontinuance 

Related to Abandonment and Discontinuance

  • Use and Disclosure All Confidential Information of a party will be held in confidence by the other party with at least the same degree of care as such party protects its own confidential or proprietary information of like kind and import, but not less than a reasonable degree of care. Neither party will disclose in any manner Confidential Information of the other party in any form to any person or entity without the other party’s prior consent. However, each party may disclose relevant aspects of the other party’s Confidential Information to its officers, affiliates, agents, subcontractors and employees to the extent reasonably necessary to perform its duties and obligations under this Agreement and such disclosure is not prohibited by applicable law. Without limiting the foregoing, each party will implement physical and other security measures and controls designed to protect (a) the security and confidentiality of Confidential Information; (b) against any threats or hazards to the security and integrity of Confidential Information; and (c) against any unauthorized access to or use of Confidential Information. To the extent that a party delegates any duties and responsibilities under this Agreement to an agent or other subcontractor, the party ensures that such agent and subcontractor are contractually bound to confidentiality terms consistent with the terms of this Section 11.

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