Other Covenants of Seller. (i) From and after the Effective Date, Seller shall not:
Other Covenants of Seller. 7.1 Cooperation; No Future Responsibility. Seller shall have no responsibility for any action or proceeding relating to any of the Patent Assets which is commenced on or after the Effective Date (other than an action or proceedings relating to a breach of this Agreement). However, for any applications or proceedings relating to the Patent Assets, including pending, issued and lapsed Patent Assets that are reasonably revivable as of the Effective Date, Seller agrees to use all reasonable efforts to cooperate with Buyer in (i) prosecuting such pending applications or proceedings, (ii) maintaining as granted such issued patents, and (iii) reviving lapsed Patent Assets within available time periods for paying previously due payment of routine fees, at the expense of Buyer, provided all such expenses will be reasonable and will be submitted to Buyer for pre-approval in writing. Additionally, Seller agrees to pay any expenses related to registration and obtaining the patent right for Patent Assets (e.g. registration fee), maintenance fees, and/or annuity fees payable and/or due up to and including the Effective date and through sixty (60) days beyond the Effective Date; and Buyer agrees to reimburse Seller for all such fees paid by Seller after the Effective Date for fees that are first due after the Effective Date. Such cooperation includes signing lawful papers and performing other lawful acts which Buyer may request to further the prosecution of any of such pending applications or proceedings. Within six (6) months after the Payment Date, Seller will provide all material and documents related to prosecution of the Patent Assets which are in the actual possession of Seller and/or its external counsels and attorneys, including but not limited to all file histories of all cases of the Patent Assets, including any interim but now-abandoned, lapsed or otherwise superseded applications or patents. Buyer and Seller agree to discuss the appropriate handling of costs of transfer of actual case files. Seller also has already provided and/or will provide within six (6) months after the Payment Date, declarations to standards bodies, existing claim charts, and available technical reports relating to the Patent Assets.
Other Covenants of Seller. Seller hereby covenants as follows:
Other Covenants of Seller. (a) Provided the tax xxxx has been released by the Puerto Rico Municipal Revenue Collection Center prior to the Servicing Transfer Date, Seller shall pay to Purchaser any penalty charges or the amount of any discounts lost as a result of a failure by Seller to pay real property taxes required to be paid or advanced by Seller in connection with the servicing of the Mortgage Loans which are due and payable on or before the Servicing Transfer Date or thirty (30) days subsequent thereto, which are subsequently incurred by Purchaser.
Other Covenants of Seller. From and after the Effective Date, Seller shall not: Perform any grading or excavation, construction, or removal of any improvement or make any other change or improvement to the Property, without prior notice or approval of the Purchaser; Impose any easements, covenants, conditions, or restrictions on the Property; Institute or participate in any platting or re-platting of the Property; or Institute or participate in any annexation, zoning, dedication, or other governmental action regarding the Property. From and after the Effective Date, Seller shall (at Seller’s sole cost and expense) comply with any and all laws, rules, regulations, ordinances, restrictive covenants, and similar matters applicable to the Property. As of the Closing Date, no portion of the Property will be subject to any liens or special assessment constituting a lien thereon. To the extent any such lien might exist, Purchaser agrees to notify Seller of same to allow Seller to take action reasonably required to remove such lien.
Other Covenants of Seller
