Common use of Protection and Registration of Intellectual Property Rights Clause in Contracts

Protection and Registration of Intellectual Property Rights. (a) Each Co-Borrower shall use commercially reasonable efforts (i) protect, defend and maintain the validity and enforceability of its Intellectual Property with any material value; (ii) promptly advise Bank in writing of material infringements or any other event that could reasonably be expected to materially and adversely affect the value of its Intellectual Property with any material value; and (iii) not allow any Intellectual Property material to a Co-Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.

Protection and Registration of Intellectual Property Rights. Borrower shall, and shall cause each of its Subsidiaries to: (a) Each Co-Borrower shall use commercially reasonable efforts (i) protect, defend and maintain the validity and enforceability of its Intellectual Property with any material valueProperty; (iib) promptly advise Bank in writing of material infringements or any other event that could reasonably be expected to materially and adversely affect the value of its Intellectual Property with any material valueProperty; and (iiic) not allow any Intellectual Property material to a Co-Borrower’s 's or any Guarantor's business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.

Protection and Registration of Intellectual Property Rights. Borrowers shall: (a) Each Co-Borrower shall use commercially reasonable efforts (i) subject to Section 6.10(c), protect, defend and maintain the validity and enforceability of its Intellectual Property with any material valueProperty; (iib) promptly after receipt of knowledge thereof, advise Bank in writing of material infringements or any other event that could reasonably be expected to materially and adversely affect the value of its Intellectual Property with any that is material valueto its business; and (iiic) not allow any Intellectual Property material to a Co-Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.

Protection and Registration of Intellectual Property Rights. Borrowers shall: (a) Each Co-Borrower shall use commercially reasonable efforts (i) subject to Section 6.10(c), protect, defend and maintain the validity and enforceability of its Intellectual Property with any material valueProperty; (iib) promptly after receipt of knowledge thereof, advise Bank in writing of material infringements or any other event that could reasonably be expected to materially and adversely affect the value of its Intellectual Property with any that is material valueto its business; and (iiic) not allow any Intellectual Property material to a Co-Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.. Following the occurrence of the IP Trigger:

Protection and Registration of Intellectual Property Rights. Borrower shall (a) Each Co-Borrower shall use commercially reasonable efforts (i) protectProtect, defend and maintain the validity and enforceability of its Intellectual Property with any material valueProperty; (iib) promptly advise Bank in writing of material infringements or any other event that could reasonably be expected to materially and adversely affect the value of its Intellectual Property with any material valueProperty; and (iiic) not allow any Intellectual Property material to a Co-Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.

Protection and Registration of Intellectual Property Rights. Borrower shall: (a) Each Co-Borrower shall use commercially reasonable efforts (i) protect, defend and maintain the validity and enforceability of its Intellectual Property with any intellectual property material valueto Borrower’s business; (iib) promptly advise Bank Lender in writing of material infringements or any other event that could reasonably be expected to materially and adversely affect the value of its Intellectual Property with any intellectual property material valueto Borrower’s business; and (iiic) not allow any Intellectual Property intellectual property material to a Co-Borrower’s business to be abandoned, forfeited or dedicated to the public without BankLender’s written consent.

Protection and Registration of Intellectual Property Rights. (a) Each Co-Borrower shall use commercially reasonable efforts shall: (i1) protect, defend and pay all fees and make all routine filings with the U.S. Patent and Trademark Office and/or U.S. Copyright Office (as applicable) to maintain the validity and enforceability of any and all of its Intellectual Property with any material valueProperty; (ii2) promptly advise Bank Initial Lender in writing of material known infringements or any other event that could reasonably be expected to materially and adversely affect the value of its Intellectual Property with any material valueProperty; and (iii3) not allow any Intellectual Property material to a Co-Borrower’s business to be abandoned, forfeited or dedicated to the public without BankInitial Lender’s written consent.