Maintenance of IP Rights. If a Party is not interested in maintaining an Intellectual Property Right that it possesses, it shall give the other Party sufficient time to analyze and consider whether it wishes to have the Intellectual Property Right assigned or otherwise transferred to it so that it may maintain the Intellectual Property Right. In the event that the other Party decides to maintain such an Intellectual Property Right, the Party in possession of such Intellectual Property Right shall transfer it to the other Party.
Maintenance of IP Rights. Upon effectiveness of the termination, neither Party shall be obliged to maintain its patents or patent applications, irrespective of these being joint or own patents or patent applications.
Maintenance of IP Rights. (a) Renew, prosecute, enforce and maintain all IP Rights except where the failure to renew, prosecute, enforce or maintain any IP Rights could not reasonably be expected, either individually or in the aggregate, to have a Material Adverse Effect.
Maintenance of IP Rights. Maintain, preserve and protect such Group Member’s rights and interests with respect to all Material IP Rights owned, licensed or used by such Group Member. Notwithstanding the foregoing or anything else to the contrary in the any Loan Document, each Group Member may abandon, cancel, terminate, permit or allow the lapse, invalidation, expiration, cancellation cessation or termination of, or fail to maintain, pursue, preserve or protect any of its respective Intellectual Property that are, in the reasonable business judgment of the Borrower Agent, no longer economically practicable, commercially desirable to maintain or useful, in each case, in the conduct of the Group Members taken as a whole, or to the extent any such abandonment, lapse, cancellation, termination, cessation or failure, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.
Maintenance of IP Rights. (a) Maintain, preserve and protect the Loan Parties’ rights and interest and the rights and interests of the Administrative Agent and the Lenders with respect to all Material IP Rights owned, licensed or used by the Loan Parties.
Maintenance of IP Rights. (a) Renew, prosecute, enforce, defend, and maintain all Patents and Trademarks in which the Loan Parties have a right to renew, prosecute, enforce, defend, or maintain except where the failure to renew, prosecute, enforce, defend or maintain any such IP Rights could not reasonably be expected, either individually or in the aggregate, to have a Material Adverse Effect.
Maintenance of IP Rights. Keymark shall secure, maintain and defend, at its own expense, all IP rights (such as patents, copyrights and trademarks) relating to the Keymark Technology during the term of this Agreement.
