Common use of Protection of Intellectual Property Rights Clause in Contracts

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protect, defend and maintain the validity and enforceability of its Intellectual Property; (ii) promptly advise Agent in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without Agent’s written consent. (b) Provide written notice to Agent within ten (10) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with Agent’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its Intellectual PropertyProperty material to its business; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such commercially reasonable steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its material Intellectual Property; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall use commercially reasonable efforts to take such steps as Agent Bank reasonably requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its Intellectual Property; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall use its commercially reasonable efforts to take such steps as Agent Bank reasonably requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its material Intellectual Property; (ii) promptly advise Agent Bank in writing of material infringements of its material Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such commercially reasonable steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its Intellectual Property; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall use its commercially reasonable efforts to take such steps as Agent Bank reasonably requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and end the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protect, defend and maintain the validity and enforceability of its Intellectual PropertyProperty material to its business; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten (10) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such commercially reasonable steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its owned Intellectual Property; (ii) promptly advise Agent Bank in writing of material infringements of its owned Intellectual Property; and (iii) not allow any owned Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such commercially reasonable steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its the Intellectual PropertyProperty material to Borrower’s business; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protect, defend and maintain the validity and enforceability of its Intellectual Property; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten (10) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protect, defend and maintain the validity and enforceability of its material Intellectual Property; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) use commercially reasonable efforts to not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten (10) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent Bank reasonably requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its Intellectual Property; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) [Omitted]. (c) Provide written notice to Agent Bank within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. Borrower shall: (a) (i) Use commercially reasonable efforts to protect, defend and maintain the validity and enforceability of its Intellectual Propertyintellectual property in a manner consistent with prudent business practices; (iib) promptly advise Agent Bank in writing of material infringements of its Intellectual Propertyintellectual property; and (iiic) not allow any Intellectual Property intellectual property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. consent and (b) Provide d)provide written notice to Agent Bank within ten (10) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its any Intellectual PropertyProperty material to Borrower’s business; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten (10) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its Intellectual PropertyProperty material to its business; (ii) promptly advise Agent Bank upon Borrower becoming aware in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent Bank reasonably requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its Intellectual PropertyProperty material to Borrower’s business; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten (10) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, in a manner enforceable under applicable law, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its Intellectual Property; (ii) promptly advise Agent Lender in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentLender’s written consent. (b) Provide written notice to Agent Lender within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent Lender requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Lender to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Lender to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentLender’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) Borrower shall use commercially reasonable efforts in the exercise of its business judgment to (i) Use commercially reasonable efforts to protect, defend and maintain the validity and enforceability of its Intellectual PropertyProperty that is material to its business; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten (10) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such commercially reasonable steps as Agent Bank reasonably requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protect, defend and maintain the validity and enforceability of its Intellectual Property; (ii) promptly advise Agent Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentBank’s written consent. (b) Provide written notice to Agent Bank within ten (10) days of entering or becoming bound by any Restricted License (other than over-the-counter software software, that is commercially available to the public). Borrower shall take such commercially reasonable steps as Agent Bank requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Bank to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Bank to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentBank’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its Intellectual Propertyintellectual property; (ii) promptly advise Agent in writing of material infringements of its Intellectual Propertyintellectual property; and (iii) not allow any Intellectual Property intellectual property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without Agent’s written consent. (b) Provide written notice to Agent within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent requests Lenders reasonably request to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Lenders to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Lenders to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with Agent’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.

Protection of Intellectual Property Rights. (a) (i) Use commercially reasonable efforts to protectProtect, defend and maintain the validity and enforceability of its Intellectual Propertymaterial intellectual property; (ii) promptly advise Agent Lender in writing of material infringements of its Intellectual Propertyintellectual property; and (iii) not allow any Intellectual Property intellectual property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without AgentLender’s written consent. (b) Provide written notice to Agent Lender within ten thirty (1030) days of entering or becoming bound by any Restricted License (other than over-the-counter software that is commercially available to the public). Borrower shall take such steps as Agent Lender reasonably requests to obtain the consent of, or waiver by, any person whose consent or waiver is necessary for (i) any Restricted License to be deemed “Collateral” and for Agent, acting for the ratable benefit of Lenders, Lender to have a security interest in it that might otherwise be restricted or prohibited by law or by the terms of any such Restricted License, whether now existing or entered into in the future, and (ii) Agent Lender to have the ability in the event of a liquidation of any Collateral to dispose of such Collateral in accordance with AgentLender’s and Lenders’ rights and remedies under this Agreement and the other Loan Documents.