Common use of Preservation of Trademarks Clause in Contracts

Preservation of Trademarks. The Grantor agrees to use Trademarks that are material to the Grantor’s business during the time in which this Deed is in effect to the extent required by the laws of Canada or other jurisdiction, as applicable, to maintain its rights in the Trademarks and to take all such other actions as are reasonably necessary to preserve the Trademarks under the laws of Canada or other jurisdiction, as applicable (other than any such Trademarks that are deemed by the Grantor in its reasonable business judgment to no longer be material to the conduct of the Grantor’s business).

Appears in 2 contracts

Samples: Credit Agreement (Performance Sports Group Ltd.), Security Agreement (Performance Sports Group Ltd.)

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Preservation of Trademarks. The Each Grantor agrees to use its Trademarks that are material to the such Grantor’s 's business during the time in which this Deed Agreement is in effect to the extent required by the laws of Canada or other jurisdiction, as applicable, to maintain its rights in the such Trademarks and to take all such other actions as are reasonably necessary to preserve the such Trademarks as trademarks or service marks under the laws of Canada or other jurisdiction, as applicable (other than any such Trademarks that are deemed by the a Grantor in its reasonable business judgment to no longer be material to the conduct of the such Grantor’s 's business).

Appears in 2 contracts

Samples: Security Agreement (Performance Sports Group Ltd.), Credit Agreement (Performance Sports Group Ltd.)

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Preservation of Trademarks. The Each Grantor agrees to use its Trademarks that are material to the such Grantor’s business in interstate commerce during the time in which this Deed Agreement is in effect to the extent required by the laws of Canada the United States or other jurisdiction, as applicable, to maintain its rights in the such Trademarks and to take all such other actions as are reasonably necessary to preserve the such Trademarks as trademarks or service marks under the laws of Canada the United States or other jurisdiction, as applicable (other than any such Trademarks that are deemed by the a Grantor in its reasonable business judgment to no longer be material to the conduct of the such Grantor’s business).

Appears in 1 contract

Samples: Credit Agreement (Performance Sports Group Ltd.)

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