Common use of Duties of Grantor Clause in Contracts

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, to: (I) prosecute diligently any trademark application or service mark xxxlication that is part of the Trademarks pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither Agent nor any Lender shall have any duty with respect to the Trademarks and Licenses. Without limiting the generality of the foregoing, neither Agent nor any Lender shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses against any other parties, but may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Obligations secured hereby.

Duties of Grantor. The Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, duty to: (Ii) prosecute ----------------- diligently any trademark copyright application or service mark xxxlication that is part of included in the Trademarks pending as of the date hereof or hereafter until the termination of this AgreementCopyrights, and (ii) at the request of the Agent, make application for trademarks registration of such uncopyrighted but copyrightable material owned by the Grantor as the Agent reasonably deems appropriate, (iii) place notices of copyright on all copyrightable property produced or service marks that are owned by the Grantor embodying the Copyrights and use diligent reasonable efforts to have its licensees do the same and (iv) take all reasonable action necessary to preserve and maintain all of the Grantor's rights in the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses Copyrights that are or shall be necessary or economically desirable in the operation of the Grantor's business, including, without limitation, making timely filings for renewals and extensions of registered Copyrights and diligently monitoring unauthorized use thereof. Any expenses incurred in connection with the foregoing shall be borne by the Grantor. Neither the Agent nor any Lender the Lenders shall have any duty with respect to the Trademarks Copyrights other than to act lawfully and Licenseswithout gross negligence or willful misconduct. Without limiting the generality of the foregoing, neither the Agent nor any Lender the Lenders shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses Copyrights against any other parties, but the Agent may do so at its option from and after upon the occurrence and during the continuance of an Event of Default, and all reasonable expenses incurred in connection therewith shall be for the sole account of the Grantor and shall be added to the Obligations secured herebyObligations.

Duties of Grantor. Each Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, duty to: (Ii) prosecute ----------------- diligently any trademark copyright application or service mark xxxlication that is part of included in the Trademarks pending as of the date hereof or hereafter until the termination of this AgreementCopyrights, and (ii) at the request of the Agent, make application for trademarks registration of such uncopyrighted but copyrightable material owned by such Grantor as the Agent reasonably deems appropriate, (iii) place notices of copyright on all copyrightable property produced or service marks that are owned by such Grantor embodying the Copyrights and use diligent reasonable efforts to have its licensees do the same and (iv) take all reasonable action necessary to preserve and maintain all of such Grantor's rights in the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses Copyrights that are or shall be necessary or economically desirable in the operation of such Grantor's business, including, without limitation, making timely filings for renewals and extensions of registered Copyrights and diligently monitoring unauthorized use thereof. Any expenses incurred in connection with the foregoing shall be borne by Grantorthe Grantors. Neither the Agent nor any Lender the Lenders shall have any duty with respect to the Trademarks Copyrights other than to act lawfully and Licenseswithout gross negligence or willful misconduct. Without limiting the generality of the foregoing, neither the Agent nor any Lender the Lenders shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses Copyrights against any other parties, but the Agent may do so at its option from and after upon the occurrence and during the continuance of an Event of Default, and all reasonable expenses incurred in connection therewith shall be for the sole account of Grantor the Grantors and shall be added to the Obligations secured herebyObligations.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, to: (Ii) prosecute diligently any trademark patent application or service mark xxxlication that is part of the Trademarks Patents pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks patents that are necessary in the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark Patent or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks Patents and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither Agent nor any Lender shall have any duty with respect to the Trademarks Patents and Licenses. Without limiting the generality of the foregoing, neither Agent nor any Lender shall be under any obligation to take any steps necessary to preserve rights in the Trademarks Patents or Licenses against any other parties, but may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, to: (Ii) prosecute diligently any trademark application or service mark xxxlication xxxx application that is part of the Trademarks pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's businessmarks. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of the Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks and Licenses. Without limiting the generality of the foregoing, neither the Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses against any other parties, but the Agent may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's businessbusiness and consistent with the exercise of its reasonable business judgment, to: (Ii) prosecute diligently any trademark application or service mark xxxlication that is part of the Trademarks pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's businessmarks. Grantor further agrees (i) not to abandon any Trademark or License without unless the prior written consent of AgentGrantor reasonably determines that it is in its best interests to do so and such abandonment will not materially impair Grantor's ability to maintain its business in the ordinary course, and (ii) to use its best reasonable commercial efforts to maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Administrative Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks and Licenses. Without limiting the generality of the foregoing, neither the Administrative Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses against any other parties, but may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Obligations secured hereby.steps

Duties of Grantor. Grantor shall have the duty, duty to the extent desirable take any such actions as may be deemed necessary or appropriate by such Grantor in the normal conduct of Grantor's businessits reasonable business judgment, to: (Ii) prosecute diligently any trademark copyright application or service mark xxxlication that is part of included in the Trademarks pending as of the date hereof or hereafter until the termination of this AgreementCopyrights, and (ii) make application for trademarks or service marks that are necessary in registration of such uncopyrighted but copyrightable material as Grantor deems appropriate, (iii) place notices of copyright on all property embodying the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, Copyrights and (ii) to use its best efforts to have its licensees do the same and (iv) take all reasonable and necessary action to preserve and maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation all of Grantor's businessrights in the Copyrights and Licenses including, without limitation, making timely filings for renewals and extensions and diligently monitoring unauthorized use thereof. Notwithstanding the foregoing provisions of this Section 10 or any other provision of this Agreement, Grantor shall have the right to discontinue use or prosecution of any application or registration for any Copyright where such discontinuance is deemed necessary or desirable by Grantor in the exercise of its reasonable business judgment. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Administrative Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks Copyrights and Licenses. Without limiting the generality of the foregoing, neither the Administrative Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks Copyrights or Licenses against any other parties, but the Administrative Agent may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.

Duties of Grantor. Each Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, agrees to: (Ii) prosecute diligently in accordance with its reasonable business judgment any patent application or trademark application included in the Patents or service mark xxxlication that is part of the Trademarks pending as of the date hereof or hereafter until the termination of this AgreementMarks, and (ii) upon an Event of Default, make application for trademarks or service marks that are on unpatented but patentable inventions owned by such Grantor and on unregistered Marks, as the case may be, as the Lender reasonably deems appropriate, (iii) file and prosecute opposition and cancellation proceedings in its reasonable business judgment and (iv) take all action necessary in the operation of Grantor's business. Grantor further agrees (i) not its reasonable business judgment to abandon any Trademark or License without the prior written consent of Agent, preserve and (ii) to use its best efforts to maintain all rights in full force those Patents and effect the Trademarks and the Licenses Marks that are or shall be necessary or economically desirable in the operation of such Grantor's ’s business, including, making timely filings for renewals and extensions of any Patents and Marks and diligently monitoring unauthorized use thereof. Any expenses incurred in connection with the foregoing shall be borne by such Grantor. Neither Agent nor Each Grantor shall give proper statutory notice in connection with its use of each Xxxx and each Patent to the extent necessary for the protection thereof. Each Grantor shall notify the Lender of any suit it commences to enforce any Patent or Xxxx and shall provide the Lender with copies of any documents requested by the Lender relating to such suit. The Lender shall not have any duty with respect to the Trademarks Patents and LicensesMarks other than to act lawfully and without gross negligence or willful misconduct. Without limiting the generality of the foregoing, neither Agent nor any the Lender shall not be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses Patents and Marks against any other partiesparty, but the Lender may do so at its option from and after upon the occurrence and during the continuance of an Event of Default, and all reasonable expenses incurred in connection therewith shall be for the sole account of such Grantor and shall be added to the Obligations secured herebyObligations.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's businessbusiness and consistent with the exercise of its reasonable business judgment, to: (Ii) prosecute diligently any trademark patent application or service mark xxxlication that is part of the Trademarks Patents pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's businesson unpatented but patentable inventions. Grantor further agrees (i) not to abandon any Trademark Patent or License without unless the prior written consent of AgentGrantor reasonably determines that it is in the best interests to do so and such abandonment will not materially impair Grantor's ability to maintain its business in the ordinary course, and (ii) to use its best reasonable commercial efforts to maintain in full force and effect the Trademarks Patents and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Administrative Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks Patents and Licenses. Without limiting the generality of the foregoing, neither the Administrative Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks Patents or Licenses against any other parties, but the Administrative Agent may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, to: (Ii) prosecute diligently any trademark copyright application or service mark xxxlication that is part of included in the Trademarks pending as of the date hereof or hereafter until the termination of this AgreementCopyrights, and (ii) make application for trademarks or service marks that are necessary in registration of such uncopyrighted but copyrightable material as Grantor deems appropriate, (iii) place notices of copyright on all property embodying the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, Copyrights and (ii) to use its best efforts to have its licensees do the same and (iv) take all reasonable and necessary action to preserve and maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation all of Grantor's businessrights in the Copyrights and Licenses including, without limitation, making timely filings for renewals and extensions and diligently monitoring unauthorized use thereof. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks Copyrights and Licenses. Without limiting the generality of the foregoing, neither the Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks Copyrights or Licenses against any other parties, but the Agent may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent ----------------- desirable in the normal conduct of Grantor's business, to: (Ia) prosecute diligently any trademark application or service mark xxxlication xxxx application that is part of the Trademarks pending as of the date hereof or hereafter until the termination of this Agreement, and (iib) make application for trademarks or service marks that are necessary in the operation of Grantor's businessmarks. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither Agent the Trustee nor any Lender of the Holders shall have any duty with respect to the Trademarks and Licenses. Without limiting the generality of the foregoing, neither Agent the Trustee nor any Lender of the Holders shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses against any other parties, but the Trustee may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, duty to the extent desirable in the normal conduct of Grantor's business, to’s business and consistent with Grantor’s current business practices or Grantor’s reasonable business judgment: (Ii) to prosecute diligently any trademark patent application or service mark xxxlication that is part of the Trademarks Patents pending as of the date hereof or hereafter thereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, and ; (ii) to use its best efforts make application on such unpatented but patentable inventions as Grantor deems appropriate; (iii) to take reasonable steps to preserve and maintain all of Grantor’s rights in full force the patent applications and effect the Trademarks and the Licenses patents that are part of the Patents and (iv) obtain any consents, waivers or shall be agreements necessary or economically desirable in the operation of Grantor's businessto enable Grantee to exercise its remedies with respect to any and all Patent Collateral. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither Agent nor Grantor shall not abandon any Lender right to file a patent application or any pending patent application or patent which is or shall be in the Grantor’s reasonable business judgment necessary or economically desirable to the operation of Grantor’s business. Grantee shall have any no duty with respect to the Trademarks Patents and Licenses. Without limiting the generality of the foregoing, neither Agent nor any Lender Grantee shall not be under any obligation to take any steps necessary to preserve rights in the Trademarks Patents or Licenses against any other parties, but may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Obligations Indebtedness secured herebythereby.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, duty to: (Ii) prosecute diligently any trademark copyright application or service mark xxxlication that is part of included in the Trademarks pending as of the date hereof or hereafter until the termination of this AgreementCopyrights, and (ii) upon the occurrence and during the continuance of an Event of Default, at the request of the Agent, make application for trademarks registration of such uncopyrighted but copyrightable material owned by Grantor as the Managing Agents reasonably deem appropriate if the failure to do so could reasonably be expected to have a Material Adverse Effect, (iii) place notices of copyright on all copyrightable property produced or service marks owned by Grantor embodying the Copyrights and use diligent reasonable efforts to have its licensees do the same and (iv) take all reasonable action necessary in Grantor's reasonable business judgment consistent with past practices to preserve and maintain all of Grantor's rights in the Copyrights that are or shall be necessary in the operation of Grantor's business. Grantor further agrees (i) , including, without limitation, making timely filings for renewals and extensions of registered Copyrights and diligently monitoring unauthorized use thereof, unless the failure to do so could not reasonably be expected to abandon any Trademark or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's businesshave a Material Adverse Effect. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Agent nor any Lender the Lenders shall have any duty with respect to the Trademarks Copyrights other than to act lawfully and Licenseswithout gross negligence or willful misconduct. Without limiting the generality of the foregoing, neither the Agent nor any Lender the Lenders shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses Copyrights against any other parties, but the Agent may do so at its option from and after upon the occurrence and during the continuance of an Event of Default, and all reasonable expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Obligations secured herebyObligations.

Duties of Grantor. Grantor shall have the duty, duty to the extent desirable in the normal conduct of Grantor's business, tobusiness and consistent with Grantor's current business practices or Grantor's commercially reasonable business judgement: (Ii) to prosecute diligently any trademark patent application or service mark xxxlication that is part of the Trademarks Patents pending as of the date hereof or hereafter thereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, and ; (ii) to use its best efforts make application on such unpatented but patentable inventions as Grantor deems appropriate; and (iii) to take reasonable steps to preserve and maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation all of Grantor's businessrights in the patent applications and patents that are part of the Patents. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Grantor shall not abandon any right to file a patent application or any pending patent application or patent which is or shall be, in Grantor's commercially reasonable business judgement, necessary or economically desirable in the operation of Grantor's business. Neither Agent nor any Lender Party shall have any duty with respect to the Trademarks Patents and Licenses. Without limiting the generality of the foregoing, neither Agent nor any Lender Party shall be under any obligation to take any steps necessary to preserve rights in the Trademarks Patents or Licenses against any other parties, but may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Obligations Liabilities secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, to: (Ii) prosecute diligently any trademark patent application or service mark xxxlication that is part of the Trademarks Patents pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's businesson unpatented but patentable inventions. Grantor further agrees (i) not to abandon any Trademark Patent or License without the prior written consent of the Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks Patents and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks Patents and Licenses. Without limiting the generality of the foregoing, neither the Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks Patents or Licenses against any other parties, but the Agent may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.