Common use of Prosecution of Patent Application Clause in Contracts

Prosecution of Patent Application. At its own expense, each Pledgor shall diligently prosecute all applications for Significant Patents listed in Schedule 13(a) to the Perfection Certificate and shall not abandon any such application prior to exhaustion of all reasonable administrative and judicial remedies, absent written consent of the Collateral Agent, which consent shall not be unreasonably withheld.

Appears in 3 contracts

Samples: Security Agreement (Appliance Warehouse of America Inc), Security Agreement (Coinmach Corp), Security Agreement (Appliance Warehouse of America Inc)

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Prosecution of Patent Application. At its own expense, each Pledgor shall diligently prosecute all applications for Significant Patents listed in Schedule 13(a14(a) to the Perfection Certificate and shall not abandon any such application prior to exhaustion of all reasonable administrative and judicial remedies, absent written consent of the Collateral Agent, which consent shall not be unreasonably withheld.

Appears in 2 contracts

Samples: Security Agreement (Coinmach Service Corp), Pledge Agreement (Coinmach Service Corp)

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