Common use of No Infringements Clause in Contracts

No Infringements. To the best of the Borrower's knowledge and belief, there is at present no material infringement or unauthorized or improper use of the Trademarks or the Trademark Registrations or the Trademark Rights related thereto. In the event any such infringement or unauthorized or improper use by any third party has been reasonably established by the Borrower, the Borrower shall promptly notify the Secured Party and shall have the right to xxx and recover therefor and to retain any and all damage so recovered or obtained.

Appears in 2 contracts

Samples: Trademark Security Agreement (Evercel Inc), Security Agreement (Kurzweil Applied Intelligence Inc /De/)

AutoNDA by SimpleDocs

No Infringements. To the best of the Borrower's ’s knowledge and belief, there is at present no material infringement or unauthorized or improper use of the Trademarks or the Trademark Registrations or the Trademark Rights related thereto. In the event any such infringement or unauthorized or improper use by any third party has been reasonably established by the Borrower, the Borrower shall promptly notify the Secured Party and Secured Party shall have the right to xxx and recover therefor and to retain any and all damage so recovered or obtained.

Appears in 1 contract

Samples: Trademark Security Agreement (Fischer Imaging Corp)

AutoNDA by SimpleDocs

No Infringements. To the best of the Borrower's knowledge and ---------------- belief, there is at present no material infringement or unauthorized or improper use of the Trademarks or the Trademark Registrations or the Trademark Rights related thereto. In the event any such infringement or unauthorized or improper use by any third party has been reasonably established by the Borrower, the Borrower shall promptly notify the Secured Party and shall have the right to xxx and recover therefor and to retain any and all damage so recovered or obtained.

Appears in 1 contract

Samples: Trademark Security Agreement (Annies Homegrown Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!