Common use of Trademarks and Service Marks Clause in Contracts

Trademarks and Service Marks. In the event the Administrative Agent forecloses on its security interest in the License Agreements and transfers the License Agreements to a Person who does not meet the Successor Manager Requirements, then Sprint PCS shall have the right to terminate the License Agreements and cause the Administrative Agent to release its security interest in the License Agreements immediately prior to such transfer.

Appears in 6 contracts

Samples: Consent and Agreement (Alamosa PCS Holdings Inc), Consent and Agreement (Alamosa PCS Holdings Inc), Consent and Agreement (Alamosa PCS Holdings Inc)

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Trademarks and Service Marks. In the event the ---------------------------- Administrative Agent forecloses on its security interest in the License Agreements and transfers the License Agreements to a Person who does not meet the Successor Manager Requirements, then Sprint PCS shall have the right to terminate the License Agreements and cause the Administrative Agent to release its security interest in the License Agreements immediately prior to such transfer.

Appears in 3 contracts

Samples: Consent and Agreement (Unwired Telecom Corp), Consent and Agreement (Unwired Telecom Corp), Consent and Agreement (Agw Leasing Co Inc)

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Trademarks and Service Marks. In the event the Administrative Agent forecloses on its security interest in any of the License Agreements and transfers the such License Agreements to a Person who does not meet the Successor Manager Requirements, then Sprint PCS shall have the right to terminate the such License Agreements and cause the Administrative Agent to release its security interest in the such License Agreements immediately prior to such transfer.

Appears in 3 contracts

Samples: Consent and Agreement (Alamosa Properties Lp), Credit Agreement (Alamosa Holdings Inc), Consent and Agreement (Alamosa Holdings Inc)

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