Common use of Protection of Patents, etc Clause in Contracts

Protection of Patents, etc. In general, the Assignor shall take any and all such commercially reasonable actions (including but not limited to institution and maintenance of suits, proceedings or actions) as may be necessary or appropriate to properly maintain, protect, preserve, care for and enforce the Patent Collateral. The Assignor shall not take or fail to take any action, nor permit any action to be taken or not taken by others under its control, which would affect the validity, grant or enforcement of any of the Patent Collateral.

Appears in 2 contracts

Samples: Patent Collateral Assignment and Security Agreement (Hawaii Parking Maintenance Inc), Patent Agreement (Fargo Electronics Inc)

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Protection of Patents, etc. In general, the Assignor Assignors shall take any and all such commercially reasonable actions (including but not limited to institution and maintenance of suits, proceedings or actions) as may that in its discretion they determine to be necessary or appropriate to properly maintain, protect, preserve, care for and enforce the Patent CollateralPatent. The Assignor Assignors shall not take or fail to take any action, nor permit any action to be taken or not taken by others under its their control, which that would adversely affect the validity, grant or enforcement of any of the Patent CollateralCollateral other than in the ordinary course of business.

Appears in 2 contracts

Samples: And Security Agreement (Blyth Inc), And Security Agreement (Blyth Inc)

Protection of Patents, etc. In general, the Assignor shall take any and all such commercially reasonable actions (including but not limited to institution and maintenance of suits, proceedings or actions) consistent with its reasonable business judgment as may be necessary or appropriate to properly maintain, protect, preserve, care for and enforce the material Patent Collateral. The Assignor in its reasonable business judgment shall not knowingly take or fail to take any action, nor knowingly permit any action to be taken or not taken by others under its control, which would affect in the validity, grant or enforcement of any aggregate have a Material Adverse Effect on the value of the Patent Collateral.

Appears in 1 contract

Samples: Patent Collateral Assignment and Security Agreement (Blue Steel Capital Corp)

Protection of Patents, etc. In general, the Assignor Assignors shall take any and all such commercially reasonable actions (including including, but not limited to to, institution and maintenance of suits, proceedings or actions) as may be necessary or appropriate to properly maintain, protect, preserve, care for and enforce the Patent Collateral. The Assignor Assignors, shall not take or fail to take any action, nor permit any action to be taken or not taken by others under its their control, which would affect the validity, grant or enforcement of any of the Patent Collateral.

Appears in 1 contract

Samples: Patent Collateral Assignment and Security Agreement (CVC Inc)

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Protection of Patents, etc. In general, the Assignor shall take any and all such commercially reasonable actions (including including, but not limited to to, institution and maintenance of suits, proceedings or actions) as may be necessary or appropriate to properly maintain, protect, preserve, care for and enforce the Patent Collateral. The Assignor Assignor, shall not take or fail to take any action, nor permit any action to be taken or not taken by others under its their control, which would affect the validity, grant or enforcement of any of the Patent Collateral.

Appears in 1 contract

Samples: Patent Agreement (CVC Inc)

Protection of Patents, etc. In general, the Assignor shall take any and all such commercially reasonable actions (including but not limited to institution and maintenance of suits, proceedings or actions) as may be necessary or appropriate to properly maintain, protect, preserve, care for and enforce the Patent Collateral and Trademark Collateral. The Assignor shall not take or fail to take any action, nor permit any action to be taken or not taken by others under its control, which would negatively affect the validity, grant or enforcement of any of the Patent Collateral or Trademark Collateral.

Appears in 1 contract

Samples: Credit Agreement (Cancer Genetics, Inc)

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