Common use of Registered Servicemark Clause in Contracts

Registered Servicemark. Without the prior written consent of the Agent, none of the Mortgaged Properties shall be owned or operated by the Borrower or any Guarantor under any registered or protected trademark, tradename, servicemark or logo. Without limiting the foregoing, the Agent may condition its consent to the use of any of the foregoing upon the granting to the Agent for the benefit of the Lenders of a perfected first priority security interest therein. Notwithstanding the foregoing, this provision shall not prevent any applicable Tenant from operating the Mortgaged Property under its trademarks and tradenames or service marks.

Appears in 2 contracts

Samples: Master Credit Agreement (Entertainment Properties Trust), Master Credit Agreement (Entertainment Properties Trust)

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Registered Servicemark. Without the prior written consent of notice to the Agent, none of the Mortgaged Properties shall be owned or operated by the Borrower or any Guarantor Borrowers under any registered or protected trademark, tradename, servicemark or logo. Without limiting the foregoing, the Agent may condition its consent to the use of In no event any of the foregoing upon Mortgaged Properties shall be owned or operated under any registered or protected tradename, trademark, servicemark or logo (other than the granting to “CoreSite(s)” name and the Agent for the benefit of the Lenders of a perfected first priority security interest therein. Notwithstanding the foregoing, this provision shall not prevent any applicable Tenant from operating the Mortgaged Property under its trademarks and tradenames or service marks“CoreSite(s)” logo).

Appears in 2 contracts

Samples: Credit Agreement (CoreSite Realty Corp), Credit Agreement (CoreSite Realty Corp)

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Registered Servicemark. Without the prior written consent of notice to the Agent, none of the Mortgaged Properties shall be owned or operated by the Borrower or any Guarantor Credit Parties under any registered or protected trademark, tradename, servicemark or logo. Without limiting the foregoing, the Agent may condition its consent logo other than pursuant to the use of any of the foregoing upon the granting to the Agent for the benefit of the Lenders of a perfected first priority security interest therein. Notwithstanding the foregoing, this provision shall not prevent any applicable Tenant from operating the Mortgaged Property under its trademarks and tradenames or service marksFranchise Agreement.

Appears in 1 contract

Samples: Term Loan Agreement (Moody National REIT II, Inc.)

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