Common use of Covenants Relating to Patents and Trademarks Clause in Contracts

Covenants Relating to Patents and Trademarks. (i) With respect to each Trademark owned by a Grantor and material to the business of such Grantor (A) Continue to use such Trademark on each and every trademark class of goods applicable to its current line as reflected in its current catalogs, brochures and price lists in order to maintain such Trademark in full force free from any claim of abandonment for non-use, (B) maintain as in the past the quality of products and services offered under such Trademark, (C) employ such Trademark with the appropriate notice of registration, if applicable, (D) not adopt or use any xxxx that is confusingly similar or a colorable imitation of such Trademark unless the Administrative Agent, for the ratable benefit of the Secured Parties, shall obtain a perfected security interest in such Trademark pursuant to this Security Agreement, and (E) not (and not permit any licensee or sublicensee thereof to) do any act or knowingly omit to do any act whereby any such Trademark owned by a Grantor and material to the business of such Grantor may become invalidated.

Appears in 3 contracts

Samples: Security Agreement (NOODLES & Co), Security Agreement (NOODLES & Co), Security Agreement (NOODLES & Co)

AutoNDA by SimpleDocs

Covenants Relating to Patents and Trademarks. (a) The SA Credit -------------------------------------------- Party (either itself or through licensees) will, with respect to each material Trademark, (i) With respect to each Trademark owned by a Grantor and material to the business of such Grantor (A) Continue continue to use such each Trademark on each and every trademark class of goods applicable to its current line as reflected in its current catalogs, brochures and price lists in order to maintain such Trademark in full force free from any claim of abandonment for non-use, (Bii) maintain as in the past the quality of products and services offered under such Trademark, (Ciii) employ such Trademark with the appropriate notice of registration, if applicable, (Div) not adopt or use any xxxx that which is confusingly similar or a colorable imitation of such Trademark unless the Administrative Agent, for the ratable benefit of the Secured PartiesLenders, shall obtain a perfected security interest in such Trademark xxxx pursuant to this Security Agreement, and (Ev) not (and not permit any licensee or sublicensee thereof to) do any act or knowingly omit to do any act whereby any such Trademark owned by a Grantor and material to the business of such Grantor may become invalidated.

Appears in 1 contract

Samples: Security Agreement (Gem Nevada LLC)

Covenants Relating to Patents and Trademarks. (ia) With respect to each Trademark owned by a Grantor and any material to Trademark, the business of such Grantor (Aeither itself or through licensees) Continue will (i) continue to use such Trademark on each and every trademark class of goods applicable to its current line as reflected in its current catalogs, brochures and price lists in order to maintain such Trademark in full force free from any claim of abandonment for non-use, (Bii) maintain as in the past the quality of products and services offered under such Trademark, (Ciii) employ such Trademark with the appropriate notice of registration, if applicable, (Div) not adopt or use any xxxx that mark xxxch is confusingly similar or a colorable imitation of such Trademark unless the Administrative Collateral Agent, for the ratable benefit of the Secured PartiesLenders, shall obtain a perfected security interest in such Trademark pursuant mark xxxsuant to this Security Agreement, and (Ev) not (and not permit any licensee or sublicensee thereof to) do any act or knowingly omit to do any act whereby any such Trademark owned by a Grantor and material to the business of such Grantor may become invalidated.

Appears in 1 contract

Samples: Security Agreement (Railworks Corp)

AutoNDA by SimpleDocs

Covenants Relating to Patents and Trademarks. (i) With respect to each Trademark owned by a Grantor and material to the business of such Grantor (A) Continue to use such each material Trademark on each and every trademark class of goods applicable to its current line as reflected in its current catalogs, brochures and price lists in order to maintain such Trademark in full force free from any claim of abandonment for non-use, (B) maintain as in the past the standards of quality of the products and services offered under such TrademarkTrademark which are substantially similar as those standards employed in the past. , (C) employ such Trademark with the appropriate notice of registration, if applicable, (D) not adopt or use any xxxx that is confusingly similar or a colorable imitation of such Trademark unless the Administrative Agent, for the ratable benefit of the Secured Parties, shall obtain a perfected security interest in such Trademark pursuant to this Security Agreement, and (E) not (and not permit any licensee or sublicensee thereof to) do any act or knowingly omit to do any act whereby any such Trademark owned by a Grantor and material to the business of such Grantor may become invalidated.

Appears in 1 contract

Samples: Security Agreement (Dollar Thrifty Automotive Group Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.