Protection and Registration of Intellectual Property Rights. Borrower shall, and shall cause each of its Subsidiaries to: (a) protect, defend and maintain the validity and enforceability of its Intellectual Property; (b) promptly advise Bank in writing of material infringements of its Intellectual Property; and (c) not allow any Intellectual Property material to Borrower’s or any Guarantor’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
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Samples: Loan and Security Agreement (Radisys Corp), Loan and Security Agreement (Radisys Corp)
Protection and Registration of Intellectual Property Rights. Borrower shall, and shall cause each of its Subsidiaries to: (a) protect(i) Protect, defend and maintain the validity and enforceability of its material Intellectual Property; (bii) promptly advise Bank in writing of material infringements of its Intellectual Property; and (ciii) not allow any Intellectual Property material to Borrower’s or any Guarantor’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent, not to be unreasonably withheld.
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Samples: Loan and Security Agreement, Loan and Security Agreement (Iwatt Inc)
Protection and Registration of Intellectual Property Rights. Borrower shall, and shall cause each of its Subsidiaries to: (a) protect, defend and maintain the validity and enforceability of its Intellectual Propertyintellectual property material to Borrower’s business; (b) promptly advise Bank Lender in writing of material infringements of its Intellectual Propertyintellectual property material to Borrower’s business; and (c) not allow any Intellectual Property intellectual property material to Borrower’s or any Guarantor’s business to be abandoned, forfeited or dedicated to the public without BankLender’s written consent.
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Samples: Loan and Security Agreement (Energy Recovery, Inc.)
Protection and Registration of Intellectual Property Rights. Borrower Borrowers shall, and shall cause each of its Subsidiaries to: (a) subject to Section 6.10(c), protect, defend and maintain the validity and enforceability of its Intellectual Property; (b) promptly after receipt of knowledge thereof, advise Bank in writing of material infringements of its Intellectual PropertyProperty that is material to its business; and (c) not allow any Intellectual Property material to a Borrower’s or any Guarantor’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
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Samples: Loan and Security Agreement (Sciclone Pharmaceuticals Inc)
Protection and Registration of Intellectual Property Rights. Borrower shall, and shall cause each of its Subsidiaries to: (a) protect, defend and maintain the validity and enforceability of its Intellectual Propertyintellectual property; (b) promptly advise Bank in writing of material infringements of its Intellectual Propertyintellectual property; and (c) not allow any Intellectual Property intellectual property material to Borrower’s or any Guarantor’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.. If
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Protection and Registration of Intellectual Property Rights. Borrower shall, and shall cause each of its Subsidiaries to: (a) protectProtect, defend and maintain the validity and enforceability of its Intellectual Property; (b) promptly advise Bank in writing of material infringements of its Intellectual Property; and (c) not allow any Intellectual Property material to Borrower’s or any Guarantor’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 1 contract
Samples: Loan and Security Agreement (Crossroads Systems Inc)
Protection and Registration of Intellectual Property Rights. Borrower shall, and shall cause each of its Subsidiaries to: (a) protect, defend and maintain the validity and enforceability of its Intellectual Propertyintellectual property in a manner consistent with prudent business practices; (b) promptly advise Bank in writing of material infringements of its Intellectual Propertyintellectual property; and (c) not allow any Intellectual Property intellectual property material to Borrower’s or any Guarantor’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
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Samples: Loan and Security Agreement (Caliper Life Sciences Inc)
Protection and Registration of Intellectual Property Rights. Borrower shall, and shall cause each of its Subsidiaries to: (a) use commercially reasonable efforts to protect, defend and maintain the validity and enforceability of its Intellectual Propertyintellectual property; (b) promptly advise Bank in writing of material infringements of its Intellectual Propertyintellectual property; and (c) not allow any Intellectual Property intellectual property material to Borrower’s or any Guarantor’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 1 contract
Samples: Loan and Security Agreement (Crossroads Systems Inc)
Protection and Registration of Intellectual Property Rights. Borrower shall, and shall cause each of its Subsidiaries to: (a) protect, defend and maintain the validity and enforceability of its Intellectual Property; (b) promptly advise Bank in writing of material infringements of its Intellectual Property; and (c) not allow any Intellectual Property material to Borrower’s 's or any Guarantor’s 's business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.
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