Examples of Proprietary Collateral in a sentence
Debtor shall promptly notify Lender in writing of any material loss, damage or destruction to, infringement of, and the occurrence of any event that could have a material adverse effect on, any Collateral or Lender's Lien therein, whether or not covered by insurance, including, without limitation, any petition under the Bankruptcy Code filed by or against any licensor of any of the Proprietary Collateral for which Debtor is a licensee.
Debtor agrees to appear in and defend any action or proceeding which may affect its title to, or Lender's interest in, any Collateral that is material to the business of Debtor, including, without limitation, suits for infringement of any Proprietary Collateral.
All maintenance fees required to be paid with respect to the registration or recordation of, or otherwise on account of, such Proprietary Collateral have been timely paid.
Debtor shall do all things deemed necessary or advisable by Lender to ensure the validity, perfection, priority and enforceability of the Lien of Lender in such future acquired Proprietary Collateral.
But all of those papers are different than ours, since they address specific points.
To the best knowledge of Debtor, no material infringement or unauthorized use presently is being made of any of the Proprietary Collateral by any person or entity.
This Agreement creates a valid and enforceable Lien on the Collateral in favor of Lender, and all filings and other actions necessary or desirable to protect and perfect such Lien have been duly taken or will be taken upon the filing of UCC financing statements, and the filing of collateral assignments with respect to the Proprietary Collateral with the United States Patent and Trademark Office ("PTO") and the United States Copyright Office.
Debtor's obligations under this Section shall include the maintenance of all Proprietary Collateral as Debtor's exclusive property and the protection of Lender's interest therein, including the maintenance of registrations and applications, and the filing of renewals, affidavits of use, affidavits of incontestability and opposition, and interference and cancellation proceedings.
To the best knowledge of Debtor, no past, present or contemplated future use of the Proprietary Collateral by Debtor has, does or will infringe upon or violate any right, privilege or license agreement of or with any other person or entity.
Schedule 1 attached hereto lists all of the Debtor's patents, patent applications, patent disclosure documents, draft patent applications, registered and unregistered trademarks, registered and unregistered trade names, registered and unregistered service marks, registered and unregistered logos, registered and unregistered copyrights and registered domain names All Proprietary Collateral is subsisting and has not been adjudged invalid or unenforceable, in whole or in part.