Registered Servicemark. Without prior written notice to the Agent, the Mortgaged Property shall not be owned or operated by Borrower under any registered or protected trademark, tradename, servicemark or logo. In the event the Mortgaged Property shall be owned or operated under any registered or protected tradename, trademark, servicemark or logo, Borrower shall enter into an agreement with Agent, in form and substance satisfactory to Agent, granting to Agent, any successful bidder at a foreclosure sale of the Mortgaged Property and any subsequent transferee the right and/or license to continue operating the Mortgaged Property under such tradename, trademark, servicemark or logo.
Appears in 3 contracts
Samples: Credit Agreement (Dupont Fabros Technology, Inc.), Credit Agreement (Dupont Fabros Technology, Inc.), Credit Agreement (Dupont Fabros Technology, Inc.)
Registered Servicemark. Without prior written notice to the Agent, none of the Mortgaged Property Properties shall not be owned or operated by Borrower the Borrowers under any registered or protected trademark, tradename, servicemark or logo. In the event any of the Mortgaged Property Properties shall be owned or operated under any registered or protected tradename, trademark, servicemark or logo, the applicable Borrower shall enter into an agreement with Agent, in form and substance satisfactory to Agent, granting to Agent, any successful bidder at a foreclosure sale of the such Mortgaged Property and any subsequent transferee the right and/or license to continue operating the such Mortgaged Property under such tradename, trademark, servicemark or logo.
Appears in 1 contract
