Compliance with Intellectual Property. The Borrower shall maintain all of its Intellectual Property and License(s) and all of its Subsidiaries Intellectual Property and License(s), and shall actively pursue any infringement of any such Intellectual Property or License(s), in each case to the extent material to Borrower’s business. The Borrower shall operate its business and the Subsidiaries business so as to not knowingly infringe any patent, trademark or copyright.
Appears in 3 contracts
Samples: Loan, Pledge and Security Agreement, Loan, Pledge and Security Agreement (Softech Inc), Loan, Pledge and Security Agreement (Softech Inc)
Compliance with Intellectual Property. The Borrower shall maintain all of its Intellectual Property patents, trademarks and License(s) and all of its Subsidiaries Intellectual Property and License(s), copyrights and shall actively pursue any infringement of any such Intellectual Property or License(s), in each case to the extent material to Borrower’s business. The Borrower shall operate its business and the Subsidiaries business so as to not knowingly infringe any patent, trademark or copyright.copyright unless Borrower reasonably determines, after notice to the Lender, that the foregoing is not necessary for the conduct of its business and would not have a Material
Appears in 1 contract
Samples: Revolving Credit, Equipment Loan and Security Agreement (Transact Technologies Inc)
Compliance with Intellectual Property. The Borrower shall maintain all of its Intellectual Property and License(s) and all of its Subsidiaries Intellectual Property and License(s), and shall actively pursue any infringement of any such Intellectual Property or License(s), in each case to the extent material to the Borrower’s business. The Borrower shall operate its business and the Subsidiaries business so as to not knowingly infringe any patent, trademark or copyright.
Appears in 1 contract
Compliance with Intellectual Property. The Borrower shall maintain all of its Intellectual Property patents, trademarks and License(s) and all of its Subsidiaries Intellectual Property and License(s), copyrights and shall actively pursue any infringement of any such Intellectual Property patent, trademark or License(s)copyright unless Borrower reasonably determines, in each case after notice to Lender, that the extent material to Borrower’s businessforegoing is not necessary for the conduct of its business and would not have a Material Adverse Effect. The Borrower shall operate its business and the Subsidiaries business so as to not knowingly infringe any patent, trademark or copyright.
Appears in 1 contract
Samples: Credit and Security Agreement (Transact Technologies Inc)
Compliance with Intellectual Property. The Borrower shall maintain all of its Intellectual Property and License(s) and all of its Subsidiaries Intellectual Property and License(s), and shall actively pursue any infringement of any such Intellectual Property or License(s), in each case to the extent material to Borrower’s business. The Borrower shall operate its business and the Subsidiaries business so as to not knowingly infringe any patent, trademark or copyright.
Appears in 1 contract
