Common use of Maintenance of Patents Clause in Contracts

Maintenance of Patents. At its own expense, each Assignor shall make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, absent prior written consent of the Collateral Agent; provided, that, to the extent permitted by the Credit Agreement, no Assignor shall be obligated to maintain any Patent in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent is no longer necessary or desirable in the conduct of its business.

Appears in 4 contracts

Samples: Security Agreement (Therma Wave Inc), Security Agreement (Globe Manufacturing Corp), Security Agreement (Therma Wave Inc)

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Maintenance of Patents. At its own expense, each Assignor shall ---------------------- make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, absent prior written consent of the Collateral Agent; provided, that, to the extent permitted by the Credit Agreement, no Assignor -------- shall be obligated to maintain any Patent in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent is no longer necessary or desirable in the conduct of its business.

Appears in 3 contracts

Samples: Security Agreement (Communications Instruments Inc), Security Agreement (Kilovac International Inc), Security Agreement (Kilovac International Inc)

Maintenance of Patents. At its own expense, each Assignor shall make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) ss. 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, absent prior written consent of the Collateral Agent; provided, that, to the extent permitted by the Credit Agreement, no Assignor shall be obligated to maintain any Patent in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent is no longer necessary or desirable in the conduct of its business.

Appears in 2 contracts

Samples: Security Agreement (Fairpoint Communications Inc), Pledge Agreement (Fairpoint Communications Inc)

Maintenance of Patents. At its own expense, each Assignor shall ---------------------- make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, absent prior written consent of the Collateral Agent; provided, that, to the extent permitted by the Credit -------- Agreement, no Assignor shall be obligated to maintain any Patent in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent is no longer necessary or desirable in the conduct of its business.

Appears in 2 contracts

Samples: Security Agreement (Wesley Jessen Visioncare Inc), Security Agreement (Wesley Jessen Holding Inc)

Maintenance of Patents. At its own expense, each Assignor shall make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) ss. 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, absent prior written consent of the Collateral Agent; provided, that, to the extent permitted by the Credit Agreement, no Assignor shall be obligated to maintain any Patent in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (McMS Inc)

Maintenance of Patents. or Copyright At its own expense, each Assignor shall make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) ss. 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, and to apply as permitted pursuant to applicable law for any renewal of each Copyright, in any case absent prior written consent of the Collateral Agent; provided, that, to the extent permitted by the Credit Agreement, that no Assignor shall be obligated to maintain maintain, or prosecute any Person infringing, any Patent or Copyright in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent or Copyright is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Us Security Agreement (Silgan Holdings Inc)

Maintenance of Patents. At its own expense, each Assignor ---------------------- shall make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, absent prior written consent of the Collateral Agent; provided, that, to the extent permitted -------- by the Credit Agreement, no Assignor shall be obligated to maintain any Patent in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Dade International Inc)

Maintenance of Patents. At its own expense, each Assignor shall make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) Section 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, absent prior written consent of the Collateral Agent; provided, that, to the extent permitted by the Credit Agreement, that no Assignor shall be obligated to maintain any Patent in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Bailee Agreement (Alliance Gaming Corp)

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Maintenance of Patents. At its own expense, each Assignor shall make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) ss. 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, absent prior written consent of the Collateral Agent; providedLender, PROVIDED, that, to the extent permitted by the Credit Agreement, no Assignor shall be obligated to maintain any Patent in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Agency Com LTD)

Maintenance of Patents. At its own expense, each Assignor shall make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) Section 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, absent prior written consent of the Collateral Agent; provided, that, to the extent permitted by the Credit Agreement, no Assignor shall be obligated to maintain any Patent in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Communications Instruments Inc)

Maintenance of Patents. At its own expense, each Assignor shall make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) Section 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each Patent, absent prior written consent of the Collateral Agent; provided, that, to the extent permitted by the Credit Agreement, provided that no Assignor shall be obligated to maintain any Patent in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Carcomp Services Inc)

Maintenance of Patents. or Copyright At its own expense, each Assignor shall make timely payment of all post-issuance fees required pursuant to 35 U.S.C. (S) ss. 41 (or the equivalent thereof in any foreign jurisdiction) to maintain in force rights under each material Patent, and to apply as permitted pursuant to applicable law for any renewal of each material Copyright, in any case absent prior written consent of the Collateral Agent; provided, that, to the extent permitted by the Credit Agreement, that no Assignor shall be obligated to maintain maintain, or prosecute any Person infringing, any Patent or Copyright in the event such Assignor determines, in its reasonable business judgment, that the maintenance of such Patent or Copyright is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Silgan Holdings Inc)

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