Common use of Protection and Maintenance of Intellectual Property Clause in Contracts

Protection and Maintenance of Intellectual Property. (i) The Corporation has taken all reasonable steps to (x) protect its rights to the Intellectual Property, and (y) to prevent the unauthorized use by any other person or entity; and (ii) The Corporation shall use all reasonable efforts to maintain, or cause to be maintained, the Intellectual Property in full force and effect through the Closing and, without limitation, has renewed or has made, and will make within any applicable renewal period ending on or prior to the Closing Date, application to renew all of the Intellectual Property subject to expiration on or prior to the Closing Date. Neither the Corporation or any of the Shareholders has granted to any other Person or entity any rights or permissions to use any of the Intellectual Property.

Appears in 12 contracts

Samples: Shareholder Agreement (Dispatch Management Services Corp), Shareholder Agreement (Dispatch Management Services Corp), Shareholder Agreement (Dispatch Management Services Corp)

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Protection and Maintenance of Intellectual Property. (i) The Corporation has taken all reasonable steps to (x) protect its rights to the Intellectual Property, and (y) to prevent the unauthorized use by any other person or entity; and (ii) The Corporation shall use all reasonable efforts to maintain, or cause to be maintained, the Intellectual Property in full force and effect through the Closing and, without limitation, has renewed or has made, and will make within any applicable renewal period ending on or prior to the Closing Date, application to renew all of the Intellectual Property subject to expiration on or prior to the Closing Date. Neither the Corporation or any of the Shareholders Shareholder has granted to any other Person or entity any rights or permissions to use any of the Intellectual Property.

Appears in 7 contracts

Samples: Shareholder Agreement (Dispatch Management Services Corp), Shareholder Agreement (Dispatch Management Services Corp), Shareholder Agreement (Dispatch Management Services Corp)

Protection and Maintenance of Intellectual Property. (i) The Corporation has taken all reasonable steps to (x) protect its rights to the Intellectual Property, and (y) to prevent the unauthorized use by any other person or entity; and (ii) The Corporation shall use all reasonable efforts to maintain, or cause to be maintained, the Intellectual Property in full force and effect through the Closing and, without limitation, has renewed or has made, and will make within any applicable renewal period ending on or prior to the Closing Date, application to renew all of the Intellectual Property subject to expiration on or prior to the Closing Date. Neither the Corporation or any of nor the Shareholders Shareholder has granted to any other Person or entity any rights or permissions to use any of the Intellectual Property.

Appears in 5 contracts

Samples: Shareholder Agreement (Dispatch Management Services Corp), Shareholder Agreement (Dispatch Management Services Corp), Shareholder Agreement (Dispatch Management Services Corp)

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Protection and Maintenance of Intellectual Property. (i) The Corporation has taken all reasonable steps to (x) protect its rights to the Intellectual Property, and (y) to prevent the unauthorized use by any other person or entity; and (ii) The Corporation shall use all reasonable efforts to maintain, or cause to be maintained, the Intellectual Property in full force and effect through the Closing and, without limitation, has renewed or has made, and will make within any applicable renewal period ending on or prior to the Closing Date, application to renew all of the Intellectual Property subject to expiration on or prior to the Closing Date. Neither the Corporation or any of the Shareholders Sole Shareholder has granted to any other Person or entity any rights or permissions to use any of the Intellectual Property.

Appears in 1 contract

Samples: Shareholder Agreement (Dispatch Management Services Corp)

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