Common use of Trademarks and Patents Clause in Contracts

Trademarks and Patents. Borrowers shall use commercially reasonable efforts to maintain all of their trademarks, trademark rights, patents, patent rights, licenses, permits, trade names, trade name rights, licenses and approvals, including, without limitation, those described in Schedule 5.1(d), in full force and effect until their respective expiration dates or termination, except to the extent Borrowers determine that any such items are not material to the conduct of their businesses. Within thirty (30) days of the issuance of any new trademark registration to Borrowers or the acquisition or issuance or any patent or copyright registrations or the filing of any application for a trademark, patent or copyright, Borrowers shall deliver to Agent copies of the filings relating to such acquisition or issuance.

Appears in 3 contracts

Samples: And Security Agreement (Air Methods Corp), And Security Agreement (Air Methods Corp), And Security Agreement (Air Methods Corp)

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Trademarks and Patents. Borrowers shall use commercially reasonable efforts to maintain all of their trademarks, trademark rights, patents, patent rights, licenses, permits, trade names, trade name rights, licenses and approvals, including, without limitation, those described in Schedule 5.1(d5(d), . in full force and effect until their respective expiration dates or termination, except to the extent Borrowers determine that any such items are not material to the conduct of their businesses. Within thirty (30) days of the issuance of any new trademark registration to Borrowers or the acquisition or issuance or any patent or copyright registrations or the filing of any application for a trademark, patent or copyright, Borrowers shall deliver to Agent copies of the filings relating to such acquisition or issuance.

Appears in 1 contract

Samples: Credit, Term Loan and Security Agreement (Air Methods Corp)

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Trademarks and Patents. Borrowers Borrower shall use commercially reasonable efforts to maintain all of their its trademarks, trademark rights, patents, patent rights, licenses, permits, trade names, trade name rights, licenses and approvals, including, without limitation, those described in Schedule 5.1(d), if any, in full force and effect until their respective expiration dates or terminationdates, except to the extent Borrowers determine Borrower determines that any such items are not material to the conduct of their businessesits business. Within thirty (30) days of the issuance of any new trademark registration registrations to Borrowers Borrower or the acquisition or issuance or any patent or copyright registrations or the filing of any application for a trademark, patent or copyright, Borrowers Borrower shall deliver to Agent Lender copies of the filings all documentation relating to such acquisition or issuance.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Vail Resorts Inc)

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