Common use of Defense of Intellectual Property Clause in Contracts

Defense of Intellectual Property. Grantor shall use commercially reasonable efforts to (i) protect, defend and maintain the validity and enforceability of all Copyrights, Patents and Trademarks material to Grantor’s business and (ii) detect infringements of all Copyrights, Patents and Trademarks material to Grantor’s business.

Appears in 7 contracts

Samples: Security Agreement (IronNet, Inc.), Security Agreement (IronNet, Inc.), Security Agreement (Biocept Inc)

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Defense of Intellectual Property. Each Grantor shall use commercially reasonable efforts to (i) protect, defend and maintain the validity and enforceability of all Copyrights, Patents and Trademarks material to such Grantor’s 's business and (ii) detect infringements of all Copyrights, Patents and Trademarks material to such Grantor’s 's business.

Appears in 3 contracts

Samples: Security Agreement (Local Matters Inc.), Security Agreement (Local Matters Inc.), Security Agreement (Local Matters Inc.)

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Defense of Intellectual Property. Grantor shall (a) use its commercially reasonable efforts to (i) protect, defend and maintain the validity and enforceability of all the Copyrights, Patents and Trademarks, (b) use its commercially reasonable efforts to detect infringements of the Copyrights, Patents and Trademarks and promptly advise the Secured Parties in writing of material to Grantor’s business infringements detected and (iic) detect infringements of all not allow any Copyrights, Patents and or Trademarks material to Grantor’s businessbe abandoned, forfeited or dedicated to the public without the written consent of the Majority Lenders unless reasonable business practice would determine that any such abandonment is appropriate.

Appears in 2 contracts

Samples: Security Agreement (Merriman Curhan Ford Group, Inc.), Security Agreement (Igi Inc)

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