Common use of Maintenance; Registrations; Filings Clause in Contracts

Maintenance; Registrations; Filings. (a) Licensor shall use commercially reasonable efforts to maintain the Licensed Marks and all registrations of the Licensed Marks and/or applications for the Licensed Marks in the Territory. Licensee shall execute all documents as are reasonably necessary or expedient to aid in, and shall otherwise cooperate at Licensor’s expense with, Licensor’s efforts to prepare, obtain, file, record, and maintain all such registrations and applications. (b) Licensor shall have no further maintenance obligations as to the Licensed Marks or any registration of the Licensed Marks or application for the Licensed Marks upon giving written notice to Licensee that it does not intend to continue such maintenance. Upon receiving such notice, Licensee shall have the right, after obtaining the written consent of Licensor, to continue such maintenance at Licensee’s expense and in Licensor’s name. In the event Licensee elects to continue such maintenance, Licensor shall, to the extent reasonably necessary, execute all documents to aid in, and shall otherwise cooperate with, Licensee’s efforts to maintain registrations and/or prosecute applications for the Licensed Marks. Notwithstanding anything to the contrary contained in this Agreement, after giving such notice, Licensor shall not be liable to Licensee in any manner for any failure by Licensor to maintain any Licensed Marks.