Common use of Duties of Mortgagor Clause in Contracts

Duties of Mortgagor. To the extent deemed necessary in the exercise of Mortgagor's reasonable business judgment, Mortgagor shall have the duty (i) to prosecute diligently any patent, trademark or service mark xxxlications pending as of the date hereof or thereafter until the Obligations shall have been paid in full, (ii) to make application on unpatented but patentable inventions and on Trademarks and service marks, as appropriate, (iii) to preserve and maintain all rights in the Patents, Trademarks and Licenses, and (iv) to ensure that the Patents, Trademarks and Licenses are and remain enforceable. Any expenses incurred in connection with Mortgagor's obligations under this Section 11 shall be borne by Mortgagor. To the extent deemed necessary in the exercise of Mortgagor's reasonable business judgment, Mortgagor shall not abandon any right to file a Patent, Trademark or service mark xxxlication, or abandon any pending patent application, or any other Patent, Trademark or License without the written consent of Mortgagee.

Duties of Mortgagor. To the extent deemed necessary in the exercise of Subject to Mortgagor's reasonable business judgmentjudgement and in the ordinary course of Mortgagor's business, Mortgagor shall have the duty (i) to file and prosecute diligently any patent, trademark or service mark xxxlications xxxx applications pending as of the date hereof or thereafter hereafter until the all Obligations shall have been paid in fullfull and the Loan Agreements have been terminated, (ii) to make application on unpatented but patentable inventions and on Trademarks trademarks and service marks, as appropriate, (iii) to preserve and maintain all rights in the Patents, Trademarks and Licenses, and (iv) to ensure that the Patents, Trademarks and Licenses are and remain enforceable. Any expenses incurred in connection with Mortgagor's obligations under this Section 11 shall be borne by Mortgagor. To the extent deemed necessary in the exercise of Mortgagor's reasonable business judgment, Mortgagor shall not abandon any right to file a Patentpatent, Trademark trademark or service mark xxxlicationxxxx application, or abandon any pending patent application, or any other Patent, Trademark or License without the written consent of Mortgagee.

Duties of Mortgagor. To the extent deemed necessary in the exercise of Mortgagor's reasonable business judgment, Mortgagor shall have the duty duty, to the extent commercially reasonable (i) to prosecute diligently any patent, trademark or service mark xxxlications xxxx applications pending as of the date hereof or thereafter until the Obligations Mortgagor's Liabilities shall have been paid in full, (ii) to make application on unpatented but patentable inventions and on Trademarks trademarks and service marks, as appropriate, (iii) to preserve and maintain all rights in the Patents, Trademarks and Licenses, and (iv) to ensure that the Patents, Trademarks and Licenses are and remain enforceable. Any expenses incurred in connection with Mortgagor's obligations under this Section 11 shall be borne by Mortgagor. To the extent deemed necessary in the exercise of Mortgagor's reasonable business judgment, Mortgagor shall not abandon any right to file a Patentpatent, Trademark trademark or service mark xxxlicationxxxx application, or abandon any pending patent application, or any other Patent, Trademark or License without the written consent of Mortgagee, except to the extent it is not commercially reasonable not to so abandon any such right, application, Patent, Trademark or License.