Common use of Covenants Relating to Copyrights Clause in Contracts

Covenants Relating to Copyrights. Each Obligor shall: (a) employ the Copyright for each material work with such notice of copyright as may be required by law to secure copyright protection, (b) not do any act or knowingly omit to do any act whereby any Copyright may become invalidated, (c) not do any act, or knowingly omit to do any act, whereby any Copyright may become injected into the public domain, (d) notify the Administrative Agent immediately if it knows, or has reason to know, that any Copyright could reasonably be expected to become injected into the public domain or of any adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any proceeding in any court or tribunal in the United States or any other country) regarding an Obligor’s ownership of any such Copyright or its validity, (e) take all reasonably necessary steps as it shall deem appropriate under the circumstances, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of each Copyright owned by an Obligor including, without limitation, filing of applications for renewal where necessary, (f) promptly notify the Administrative Agent of any material infringement of any Copyright of an Obligor of which it becomes aware and, to the extent such Obligor reasonably deems material to or economically desirable in the operation of such Obligor’s business, take such actions as it shall reasonably deem appropriate under the circumstances to protect such Copyright, including, where appropriate, the bringing of suit for infringement, seeking injunctive relief and seeking to recover any and all damages for such infringement, and (g) not make any assignment or agreement in conflict with the security interests in the Copyrights of each Obligor established hereunder.

Appears in 2 contracts

Samples: Security Agreement, Security Agreement (Lazydays Holdings, Inc.)

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Covenants Relating to Copyrights. Each Obligor shall: (ai) employ the Copyright for each material work with such notice of copyright as may be required by law to secure copyright protection, (b) not Not do any act or knowingly omit to do any act whereby any registered Copyright may become invalidated, invalidated unless such invalidation could not reasonably be expected to have a Material Adverse Effect and (cA) not do any act, or knowingly omit to do any act, whereby any registered Copyright may become injected into the public domain, unless such act or omission could not reasonably be expected to have a Material Adverse Effect, (dB) notify the Administrative Agent immediately if it knows, or has reason to know, knows that any registered Copyright could reasonably be expected to may become injected into the public domain or of any adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any proceeding in any court or tribunal in the United States or any other countryStates) regarding an Obligora Grantor’s ownership of any such Copyright or its validity, in each case, that would reasonably be expected to have a Material Adverse Effect, (eC) take all reasonably necessary steps as it shall deem appropriate under the circumstances, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of each Copyright owned by an Obligor a Grantor including, without limitation, filing of applications for renewal where necessary, unless failure to do so could not reasonably be expected to have a Material Adverse Effect and (fD) promptly notify the Administrative Agent of any material infringement of any Copyright of an Obligor a Grantor of which it becomes aware and, that would reasonably be expected to the extent such Obligor reasonably deems material to or economically desirable in the operation of such Obligor’s business, have a Material Adverse Effect and take such actions as it shall reasonably deem appropriate under the circumstances to protect such Copyright, including, where appropriate, the bringing of suit for infringement, seeking injunctive relief and seeking to recover any and all damages for such infringement, and (g) not make any assignment or agreement in conflict with the security interests in the Copyrights of each Obligor established hereunder.

Appears in 2 contracts

Samples: Security Agreement (Fti Consulting Inc), Security Agreement (Fti Consulting Inc)

Covenants Relating to Copyrights. Each Obligor Borrower shall: (a) employ the Copyright for each material work with such notice of copyright as may be required by law to secure copyright protection, (b) not do any act or knowingly omit to do any act whereby any Copyright may become invalidated, (c) not do any act, or knowingly omit to do any act, whereby any Copyright may become injected into the public domain, (d) notify the Administrative Agent immediately if it knows, or has reason to know, that any Copyright could reasonably be expected to become injected into the public domain or of any adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any proceeding in any court or tribunal in the United States or any other country) regarding an ObligorBorrower’s ownership of any such Copyright or its validity, (e) take all reasonably necessary steps as it shall deem appropriate under the circumstances, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of each Copyright owned by an Obligor Borrower including, without limitation, filing of applications for renewal where necessary, (f) promptly notify the Administrative Agent of any material infringement of any Copyright of an Obligor Borrower of which it becomes aware and, to the extent such Obligor Borrower reasonably deems material to or economically desirable in the operation of such ObligorBorrower’s business, take such actions as it shall reasonably deem appropriate under the circumstances to protect such Copyright, including, where appropriate, the bringing of suit for infringement, seeking injunctive relief and seeking to recover any and all damages for such infringement, and (g) not make any assignment or agreement in conflict with the security interests in the Copyrights of each Obligor Borrower established hereunder.

Appears in 1 contract

Samples: Security Agreement (Dover Motorsports Inc)

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Covenants Relating to Copyrights. Each Obligor shall: (ai) employ the Copyright for each material work with such notice of copyright as may be required by law to secure copyright protection, (b) not Not do any act or knowingly omit to do any act whereby any registered Copyright may become invalidated, invalidated unless such invalidation could not reasonably be expected to have a Material Adverse Effect and (cA) not do any act, or knowingly omit to do any act, whereby any registered Copyright may become injected into the public domain, unless such act or omission could not reasonably be expected to have a Material Adverse Effect; (dB) notify the Administrative Agent immediately if it knows, or has reason to know, knows that any registered Copyright could reasonably be expected to may become injected into the public domain or of any adverse determination or development (including, without limitation, the institution of, or any such determination or development in, any proceeding in any court or tribunal in the United States or any other countryStates) regarding an Obligora Grantor’s ownership of any such Copyright or its validity, in each case, that would reasonably be expected to have a Material Adverse Effect; (eC) take all reasonably necessary steps as it shall deem appropriate under the circumstances, to maintain and pursue each application (and to obtain the relevant registration) and to maintain each registration of each Copyright owned by an Obligor a Grantor including, without limitation, filing of applications for renewal where necessary, unless failure to do so could not reasonably be expected to have a Material Adverse Effect; and (fD) promptly notify the Administrative Agent of any material infringement of any Copyright of an Obligor a Grantor of which it becomes aware and, that would reasonably be expected to the extent such Obligor reasonably deems material to or economically desirable in the operation of such Obligor’s business, have a Material Adverse Effect and take such actions as it shall reasonably deem appropriate under the circumstances to protect such Copyright, including, where appropriate, the bringing of suit for infringement, seeking injunctive relief and seeking to recover any and all damages for such infringement, and (g) not make any assignment or agreement in conflict with the security interests in the Copyrights of each Obligor established hereunder.

Appears in 1 contract

Samples: Security Agreement (Fti Consulting Inc)

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