Common use of Preservation of Marks and Domain Names Clause in Contracts

Preservation of Marks and Domain Names. Each Assignor agrees to use its material Marks and Domain Names in interstate commerce during the time in which this Agreement is in effect, and to take all such other actions as are reasonably necessary to preserve such Marks and Domain Names as valid and subsisting trademarks or service marks under the laws of the United States or the relevant foreign jurisdiction; provided, that no Assignor shall be obligated to preserve any Xxxx or Domain Name in the event such Assignor determines, in its reasonably business judgment, that the preservation of such Xxxx is no longer necessary in the conduct of its business.

Preservation of Marks and Domain Names. Each Assignor agrees to use its material Marks and Domain Names which are material to such Assignor’s business in interstate commerce during the time in which this Agreement is in effect, effect and to take all such other actions as are reasonably necessary to preserve such Marks and Domain Names as valid and subsisting trademarks or service marks under the laws of the United States or the relevant foreign jurisdictionStates; provided, provided that no Assignor shall be obligated to preserve any Xxxx or Domain Name in to the event such extent the Assignor determines, in its reasonably reasonable business judgment, that the preservation of such Xxxx or Domain Name is no longer necessary useful in the conduct of its business.