Common use of Preservation of Marks Clause in Contracts

Preservation of Marks. Each Assignor agrees to use its Marks in interstate commerce (or the equivalent thereof in any foreign jurisdiction) during the time in which this Agreement is in effect, sufficiently to preserve such Marks as trademarks or service marks under the laws of the United States or under the laws of the applicable foreign country, as the case may be; provided, that, to the extent permitted by the Credit Agreement, no Assignor shall be obligated to preserve any Xxxx in the event such Assignor determines, in its reasonable business judgment, that the preservation of such Xxxx is no longer desirable in the conduct of its business.

Appears in 4 contracts

Samples: Security Agreement (Globe Manufacturing Corp), Security Agreement (Therma Wave Inc), Security Agreement (Therma Wave Inc)

AutoNDA by SimpleDocs

Preservation of Marks. Each Assignor agrees to use its Marks in --------------------- interstate commerce (or the equivalent thereof in any foreign jurisdiction) during the time in which this Agreement is in effect, sufficiently to preserve such Marks as trademarks or service marks under the laws of the United States or under the laws of the applicable foreign country, as the case may be; provided, -------- that, to the extent permitted by the Credit Agreement, no Assignor shall be obligated to preserve any Xxxx in the event such Assignor determines, in its reasonable business judgment, that the preservation of such Xxxx is no longer desirable in the conduct of its business.

Appears in 3 contracts

Samples: Security Agreement (Communications Instruments Inc), Security Agreement (Kilovac International Inc), Security Agreement (Kilovac International Inc)

Preservation of Marks. Each Assignor agrees to use its Marks and Domain Names in interstate commerce (or foreign commerce, as the equivalent thereof in any foreign jurisdiction) case may be, during the time in which this Agreement is in effect, sufficiently to preserve such Marks as valid and subsisting trademarks or service marks under the laws of the United States or under the laws of the applicable relevant foreign country, as the case may bejurisdiction; provided, that, to the extent permitted by the Credit Agreement, provided that no Assignor shall be obligated to preserve any Xxxx in to the event such extent the Assignor determines, in its reasonable business judgment, that the preservation of such Xxxx is no longer economically desirable in the conduct of its business.

Appears in 2 contracts

Samples: Security Agreement (EnerSys), Security Agreement (EnerSys)

Preservation of Marks. Each Assignor agrees to use its Marks in --------------------- interstate or foreign commerce (or the equivalent thereof in any foreign jurisdiction) during the time in which this Agreement is in effect, sufficiently to preserve such Marks as trademarks or service marks under the laws of the United States or under the laws of the applicable relevant foreign country, as the case may bejurisdiction; provided, -------- that, to the extent permitted not prohibited by the Credit Agreement, no Assignor shall be obligated to preserve any Xxxx in the event such Assignor determines, in its reasonable business judgment, that the preservation of such Xxxx is no longer desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Cambridge Industries Inc /De)

Preservation of Marks. Each Assignor agrees to use its Marks in interstate commerce (or the equivalent thereof in any foreign jurisdiction) during the time in which this Agreement is in effect, sufficiently to preserve such Marks as trademarks or service marks under the laws of the United States or under the laws of the applicable foreign country, as the case may be; provided, that, to the extent permitted by the Credit Agreement, no Assignor shall be obligated to preserve any Xxxx Mark in the event such Assignor determines, in its reasonable business busixxxx judgment, that the preservation of such Xxxx Mark is no longer desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Communications Instruments Inc)

AutoNDA by SimpleDocs

Preservation of Marks. Each Assignor agrees to use its Marks and Domain Names in interstate commerce (or foreign commerce, as the equivalent thereof in any foreign jurisdiction) case may be, during the time in which this Agreement is in effect, effect sufficiently to preserve such Marks as valid and subsisting trademarks or service marks under the laws of the United States or under the laws of the applicable relevant foreign country, as the case may bejurisdiction; provided, that, to the extent permitted by the Credit Agreement, provided that no Assignor shall be obligated to preserve any Xxxx in while no Event of Default is continuing to the event such extent the Assignor determines, in its reasonable business judgment, that the preservation of such Xxxx is no longer desirable in the conduct of its business.

Appears in 1 contract

Samples: Us Security Agreement (RPP Capital Corp)

Preservation of Marks. Each Assignor agrees to use its Marks in interstate commerce (or the equivalent thereof in any foreign jurisdiction) during the time in which this Agreement is in effect, sufficiently to preserve such Marks as trademarks or service marks under the laws of the United States or under the laws of the applicable foreign country, as the case may be; provided, that, to the extent permitted by the Credit Agreement, no Assignor shall be obligated to preserve any Xxxx in Mark xx the event such Assignor determines, in its reasonable business judgment, that the preservation of such Xxxx is Mark xx no longer desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (McMS Inc)

Preservation of Marks. Each Assignor agrees to use its Marks in interstate commerce (or foreign commerce, as the equivalent thereof in any foreign jurisdiction) case may be, during the time in which this Agreement is in effect, sufficiently to preserve such Marks as valid and subsisting trademarks or service marks under the laws of the United States or under the laws of the applicable relevant foreign country, as the case may bejurisdiction; provided, that, to the extent permitted by the Credit Agreement, PROVIDED that no Assignor shall be obligated to preserve any Xxxx in to the event such extent the Assignor determines, in its reasonable business judgment, that the preservation of such Xxxx is no longer desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Pca Valdosta Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.