Common use of ASSIGNOR'S DUTIES, ETC Clause in Contracts

ASSIGNOR'S DUTIES, ETC. Each Assignor shall have the right and the duty, through copyright counsel acceptable to Lender, to prosecute diligently any registration applications of the Copyrights pending as of the date of this Agreement or thereafter, to preserve and maintain all rights in the Copyrights, including the filing of appropriate renewal applications and other instruments to maintain in effect the Copyrights and the payment when due of all registration renewal fees and other fees, taxes and other expenses that shall be incurred or that shall accrue with respect to any of the Copyrights, in each case, to the extent the Assignor continues to use, in a material manner, or continues to have an intent to use, in a material manner, such Copyright in its reasonable business judgment. Any expenses incurred in connection with such applications and actions shall be borne by the Assignors. Notwithstanding the foregoing, nothing herein shall impose on Assignors any obligation to respond to any non-final office actions that are issued by the USCO or any other governmental authority refusing any application to register any of the Copyrights or to appeal from any adverse ruling concerning the validity, enforceability or registrability of any Copyright. Further, nothing herein is intended to or shall require Assignor to file any documents to maintain any Copyrights if such Copyrights are not in use and if Assignors have no basis in law or fact to file such documents.

Appears in 2 contracts

Samples: Collateral Assignment and Security Agreement (Blyth Inc), Collateral Assignment and Security Agreement (Blyth Inc)

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ASSIGNOR'S DUTIES, ETC. Each Assignor Assignors shall have the right and the duty, duty through copyright patent counsel acceptable to Lender, the Lender to prosecute diligently any patent registration applications of the Copyrights Patents pending as of the date of this Agreement or thereafter, to preserve and maintain all rights in the CopyrightsPatents and Patent Registrations, including the filing of appropriate renewal applications and other instruments to maintain in effect the Copyrights Patent Registrations and the payment when due of all registration renewal fees and other fees, taxes and other expenses that shall be incurred or that shall accrue with respect to any of the CopyrightsPatents or Patent Registrations, in each case, to the extent the Assignor continues to use, in a material manner, use or continues to have an intent intends to use, in a material manner, such Copyright Patent or Patent Registration in its reasonable business judgment. Any expenses incurred in connection with such applications and actions shall be borne by the AssignorsAssignor. Notwithstanding the foregoing, nothing herein shall impose on Assignors the Assignor any obligation to respond to any non-final office actions that are issued by the USCO USPTO or any other governmental authority refusing any application to register any of the Copyrights Patents or to appeal from any adverse ruling concerning the validity, enforceability or registrability of any CopyrightPatent. Further, nothing herein is intended to or shall require the Assignor to file any documents to maintain any Copyrights Patent Registrations if such Copyrights are not in use and if Assignors have the Assignor has no basis in law or fact to file such documents.

Appears in 2 contracts

Samples: And Security Agreement (Blyth Inc), And Security Agreement (Blyth Inc)

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