Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower: (a) shall not register any Copyrights with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ prior notice to Bank of its intent to register such Copyrights and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights; (b) shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx within thirty (30) days of any such filing; and (c) will (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 2 contracts
Samples: Loan and Security Agreement (Visual Networks Inc), Loan and Security Agreement (Visual Networks Inc)
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx within thirty (30) 30 days of any such filing; and
(c) . Borrower will (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 2 contracts
Samples: Loan and Security Agreement (Smart Move, Inc.), Loan and Security Agreement (Smart Move, Inc.)
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights with or Mask Works in the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ ' prior [written] notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement IP Agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents IP Agreement with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents IP Agreement necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and
(c) will . Borrower shall: (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and Property; (ii) promptly advise Bank in writing of material infringements of the Intellectual Property; and (iiiii) not allow any Intellectual Property material to each the Borrower’s 's business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights with or Mask Works in the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ ' prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement IP Agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents IP Agreement with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of of, the recording of the security documents IP Agreement necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and
(c) will . Borrower shall: (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and Property; (ii) promptly advise Bank in writing of material infringements of the Intellectual Property; and (iiiii) not allow any Intellectual Property material to each Borrower’s 's business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights with or Mask Works in the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement agreement/IP Agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents agreement/IP Agreement with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed Filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and
(c) will . Borrower shall: (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and in its sound business judgment; (ii) promptly advise Bank in writing of material infringements of the Intellectual Property material to Borrower’s business; and (iiiii) not allow any Intellectual Property material to each the Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights with or Mask Works in the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement agreement/IP Agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents agreement/IP Agreement with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and
(c) will . Borrower shall: (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and in its sound business judgment; (ii) promptly advise Bank in writing of material infringements of the Intellectual Property material to Borrower’s business; and (iiiii) not allow any Intellectual Property material to each the Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ prior notice to Bank of its intent to register such Copyrights and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx within thirty (30) 30 days of any such filing; and
(c) . Borrower will (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: it (i) has given at least fifteen (15) days’ three Business Days' prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent and Trademark Office for a patent or to register a trademark or service mxxx mark within thirty (30) 30 days of any such filing; and
(c) . Borrower will (i) protectprxxxxt, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s 's business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights with or Mask Works in the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement an IP Agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents IP Agreement with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents IP Agreement necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx within thirty (30) 30 days of any such filing; and
(c) will . Borrower shall: (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and Property; (ii) promptly advise Bank in writing of material infringements of the Intellectual Property; and (iiiii) not allow any Intellectual Property material to each the Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights with or Mask Works in the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement agreement/IP Agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents agreement/ IP Agreement with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents [IP Agreement] necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and
(c) will . Borrower shall: (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and Property; (ii) promptly advise Bank in writing of material infringements of the Intellectual Property; and (iiiii) not allow any Intellectual Property material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ ' prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to So maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and.
(c) will (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.
Appears in 1 contract
Samples: Loan and Security Agreement (Limelight Networks, Inc.)
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ ' prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and.
(c) will (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Each Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ ' prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Each Borrower shall provide written notice to Bank of any application filed by such Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and
(c) . Each Borrower will (i) use reasonable commercial efforts to protect, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consentinfringements.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ ' prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx mark within thirty (30) 30 days of any such filing; and
(c) . Borrower will (i) protectxxxxect, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights with or Mask Works in the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ ' prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement agreement/IP Agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents agreement/ IP Agreement with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and
(c) will . Borrower shall: (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and Property; (ii) promptly advise Bank in writing of material infringements of the Intellectual Property; and (iiiii) not allow any Intellectual Property material to each the Borrower’s 's business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.
Appears in 1 contract
Samples: Loan and Security Agreement (Lynx Therapeutics Inc)
Registration of Intellectual Property Rights. During After the Non-Formula Period onlySecured Loan Date, each Borrower:
(a) Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with and, after the Secured Loan Date, evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and
(c) . Borrower will use commercially reasonable efforts to (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property which is material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent, unless, in Borrower’s reasonable business judgment, such dedication is beneficial to Borrower’s business.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ ' prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and
(c) will (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 1 contract
Samples: Loan Agreement (Qualmark Corp)
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ ' prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx mark within thirty (30) 30 days of any such filing; and.
(c) will (i) protectprotxxx, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.
Appears in 1 contract
Samples: Loan and Security Agreement (Zynex Medical Holdings Inc)
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrower shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: it (i) has given at least fifteen (15) days’ three Business Days' prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrower shall provide written notice to Bank of any application filed by Borrower in the United States Patent and Trademark Office for a patent or to register a trademark or service mxxx mark within thirty (30) 30 days of any such filing; and.
(c) will (i) protectpxxxxct, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and and
(ii) not allow any Intellectual Property material to each Borrower’s 's business to be abandoned, forfeited or dedicated to the public without Bank’s 's written consent.
Appears in 1 contract
Registration of Intellectual Property Rights. During the Non-Formula Period only, each Borrower:
(a) Borrowers shall not register any Copyrights or Mask Works with the United States Copyright Office unless it: (i) has given at least fifteen (15) days’ prior notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Each Borrower Borrowers shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights;
(b) Copyrights or Mask Works. Borrowers shall provide written notice to Bank of any application filed by any Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service mxxx xxxx within thirty (30) 30 days of any such filing; and
(c) . Each Borrowers will (i) protect, defend and maintain the validity and enforceability of the Intellectual Property and promptly advise Bank in writing of material infringements and (ii) not allow any Intellectual Property material to each Borrower’s any Borrowers’ business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.
Appears in 1 contract
Samples: Term Loan and Security Agreement (Allied Motion Technologies Inc)