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Common use of Covenants Relating to Copyrights Clause in Contracts

Covenants Relating to Copyrights. (i) Employ the Copyrights included in the Collateral for each material published Work with such notice of copyright as may be required by law to secure copyright protection. (ii) Not do any act or knowingly omit to do any act whereby any material Copyright included in the Collateral may become invalidated and (A) not do any act, or knowingly omit to do any act, whereby any material Copyright included in the Collateral may become injected into the public domain; (B) notify the Agent immediately if it knows, or has reason to know, that any material Copyright included in the Collateral may become injected into the public domain or of any adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any court or tribunal in the United States or any other country) regarding such Obligor's ownership of any such Copyright or its validity; (C) take all necessary steps as it shall deem appropriate under the circumstances, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of each material Copyright owned by such Obligor including, without limitation, filing of applications for renewal where necessary; and (D) promptly notify the Agent of any material infringement of any material Copyright of such Obligor of which it becomes aware and take such actions as it shall reasonably deem appropriate under the circumstances to protect such Copyright, including, where appropriate, the bringing of suit for infringement, seeking injunctive relief and seeking to recover any and all damages for such infringement, unless, in such Obligor's reasonable good faith judgment, there is a valid business reason to taking or omitting to take any such action. (iii) Not make any assignment or agreement in conflict with the security interest in the Copyrights of such Obligor hereunder.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Infocrossing Inc)

Covenants Relating to Copyrights. (i) Employ the Copyrights included in the Collateral Copyright for each material published Work with such notice of copyright as may be required by law to secure copyright protection. (ii) Not do any act or knowingly omit to do any act (either by itself or through a licensee) whereby any material Copyright included in the Collateral may become invalidated or otherwise impaired and (A) not do any act, or knowingly omit to do any act, whereby any material Copyright included in the Collateral may become injected into the public domain; (B) notify the Agent immediately if it knows, or has reason to know, that any material Copyright included in the Collateral may become forfeited, abandoned or injected into the public domain or of any adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any court or tribunal in the United States or any other country) regarding such Obligor's ’s ownership of any such Copyright or its validity; (C) take all necessary steps as it shall deem appropriate under the circumstances, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of each material Copyright owned by such Obligor including, without limitation, filing of applications for renewal where necessary; and (D) promptly notify the Agent of any material infringement of any material Copyright of such Obligor of which it becomes aware and take such actions as it shall reasonably deem appropriate under the circumstances to protect such Copyright, including, where appropriate, the bringing of suit for infringement, seeking injunctive relief and seeking to recover any and all damages for such infringement, unless, in such Obligor's reasonable good faith judgment, there is a valid business reason to taking or omitting to take any such action. (iii) Not make any assignment or agreement in conflict with the security interest in the Copyrights of such Obligor hereunder.

Appears in 1 contract

Samples: Security Agreement (Unifi Inc)

Covenants Relating to Copyrights. (i) Employ the Copyrights included in the Collateral for each material published Work with such notice of copyright as may be required by law to secure copyright protection. (ii) Not do any act or knowingly omit to do any act whereby any material Copyright included in the Collateral may become invalidated and (A) not do any act, or knowingly omit to do any act, whereby any material Copyright included in the Collateral may become injected into the public domain; (B) notify the Agent immediately if it knows, or has reason to know, that any material Copyright included in the Collateral may become injected into the public domain or of any adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any court or tribunal in the United States or any other country) regarding such the Obligor's ownership of any such Copyright or its validity; (C) take all necessary steps as it shall deem appropriate under the circumstances, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of each material Copyright owned by such the Obligor including, without limitation, filing of applications for renewal where necessary; and (D) promptly notify the Agent of any material infringement of any material Copyright of such the Obligor of which it becomes aware and take such actions as it shall reasonably deem appropriate under the circumstances to protect such Copyright, including, where appropriate, the bringing of suit for infringement, seeking injunctive relief and seeking to recover any and all damages for such infringement, unless, in such the Obligor's reasonable good faith judgment, there is a valid business reason to taking or omitting to take any such action. (iii) Not make any assignment or agreement in conflict with the security interest in the Copyrights of such the Obligor hereunder.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Infocrossing Inc)

Covenants Relating to Copyrights. (i) Employ the Copyrights included in the Collateral Copyright for each material published Work with such notice of copyright as may be required by law to secure copyright protection. (ii) Not Unless such Obligor shall either (A) reasonably and in good faith determine that a Copyright is of negligible economic value to such Obligor, or (B) has a valid business purpose to do otherwise, not do any act or knowingly omit to do any act whereby any material Copyright included in the Collateral may become invalidated and (A) not do any act, or knowingly omit to do any act, whereby any material Copyright included in the Collateral may become injected into the public domain; (B) notify the Administrative Agent immediately if it knows, or has reason to know, knows that any material Copyright included in the Collateral may could reasonably be expected to become injected into the public domain or of any materially adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any court or tribunal in the United States or any other country) regarding such an Obligor's ownership of any such Copyright or its validity; (C) take all necessary commercially reasonable steps as it shall deem appropriate under the circumstances, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of each material Copyright owned by such an Obligor including, without limitation, filing of applications for renewal where necessary; and (D) promptly notify the Administrative Agent of any material infringement of any material Copyright of such an Obligor of which it becomes aware and take such actions as it shall reasonably deem appropriate under the circumstances to protect such Copyright, including, where appropriate, the bringing of suit for infringement, seeking injunctive relief and seeking to recover any and all damages for such infringement, unless, in such Obligor's reasonable good faith judgment, there is a valid business reason to taking or omitting to take any such action. (iii) Not make any assignment or agreement in conflict with the security interest in the Copyrights of such each Obligor hereunder.

Appears in 1 contract

Samples: Security Agreement (Sleepmaster LLC)

Covenants Relating to Copyrights. (i) Employ the Copyrights included in the Collateral for each material published Work with such notice of copyright as may be required by law to secure copyright protection. (ii) Not do any act or knowingly omit to do any act whereby any material Copyright included in the Collateral may become invalidated and (A) not do any act, or knowingly omit to do any act, whereby any material Copyright included in the Collateral may become injected into the public domain; (B) notify the Agent immediately if it knows, or has reason to know, that any material Copyright included in the Collateral may become injected into the public domain or of any adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any court or tribunal in the United States or any other country) regarding such an Obligor's ownership of any such Copyright or its validity; (C) take all necessary steps as it shall deem appropriate under the circumstances, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of each material Copyright owned by such an Obligor including, without limitation, filing of applications for renewal where necessary; and (D) promptly notify the Agent of any material infringement of any material Copyright of such an Obligor of which it becomes aware and take such actions as it shall reasonably deem appropriate under the circumstances to protect such Copyright, including, where appropriate, the bringing of suit for infringement, seeking injunctive relief and seeking to recover any and all damages for such infringement, unless, in such Obligor's reasonable good faith judgment, there is a valid business reason to taking or omitting to take any such action. (iii) Not make any assignment or agreement in conflict with the security interest in the Copyrights of such each Obligor hereunder.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Infocrossing Inc)

Covenants Relating to Copyrights. (i) Employ the Copyrights included in the Collateral Copyright for each material published Work with such notice of copyright as may be required by law to secure copyright protection. (ii) Not do any act or knowingly omit to do any act whereby any material Copyright included in the Collateral may become invalidated and (A) not do any act, or knowingly omit to do any act, whereby any material Copyright included in the Collateral may become injected into the public domain; (B) notify the Administrative Agent immediately if it knows, or has reason to know, that any material Copyright included in the Collateral may become injected into the public domain or of any adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any court or tribunal in the United States or any other country) regarding such an Obligor's ownership of any such Copyright or its validity; (C) take all necessary steps as it shall deem appropriate under the circumstances, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of each material Copyright owned by such an Obligor including, without limitation, filing of applications for renewal where necessary; and (D) promptly notify the Administrative Agent of any material infringement of any material Copyright of such an Obligor of which it becomes aware and take such actions as it shall reasonably deem appropriate under the circumstances to protect such Copyright, including, where appropriate, the bringing of suit for infringement, seeking injunctive relief and seeking to recover any and all damages for such infringement, unless, in such Obligor's reasonable good faith judgment, there is a valid business reason to taking or omitting to take any such action. (iii) Not make any assignment or agreement in conflict with the security interest in the Copyrights of such each Obligor hereunder.

Appears in 1 contract

Samples: Security Agreement (Racing Champions Corp)