Common use of Intellectual Property Notice Clause in Contracts

Intellectual Property Notice. (i) Prompt written notice of any material change in the composition of the material Intellectual Property, (ii) Within thirty (30) days after the last day of each month, notice of the registration of any copyright, including any subsequent ownership right of Borrower in or to any copyright, patent or trademark not shown in the IP Security Agreement (other than non-exclusive licenses granted or received in the ordinary course of business) or previously disclosed in writing to Bank, and (iii) Prompt written notice of Borrower’s knowledge of an event that could reasonably be expected to materially and adversely affect the value of the Intellectual Property; and

Intellectual Property Notice. (i) Prompt written notice of any material change in the composition of the material Intellectual Property, (ii) Within within thirty (30) days after the last day of each month, notice of the registration of any copyright, including any subsequent ownership right of Borrower in or to any copyright, patent or trademark not shown in the IP Security Agreement (other than non-exclusive licenses granted or received in the ordinary course of business) or previously disclosed in writing to Bank, and (iii) Prompt prompt written notice of Borrower’s 's knowledge of an event that could reasonably be expected to materially and adversely affect the value of the Intellectual Property; and;