Common use of Prosecution of Patent or Copyright Applications Clause in Contracts

Prosecution of Patent or Copyright Applications. At its own expense, each Assignor shall diligently prosecute, in accordance with reasonable business practices, all of its applications for Patents listed in Annex G hereto and for Copyrights listed in Annex H hereto and shall not abandon any such application prior to exhaustion of all administrative and judicial remedies, absent written consent of the Collateral Agent, provided that no Assignor shall be obligated to prosecute such application for any such Patent or Copyright to the extent that such Assignor determines, in its reasonable business judgment, that the prosecution of such application for any such Patent or Copyright is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Iasis Healthcare Corp)

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Prosecution of Patent or Copyright Applications. At its own expense, each Assignor shall diligently prosecute, in accordance with reasonable business practicespractices and subject to Section 5.4, all of its material applications for Patents listed in Annex G J hereto and for Copyrights listed in Annex H K hereto and shall not abandon any such application prior to exhaustion of all administrative and judicial remedies, absent written consent of the Collateral Agent; provided, provided that no Assignor shall be obligated to prosecute such application for maintain any such Patent or Copyright to in the extent that event such Assignor determines, in its reasonable business judgment, that the prosecution maintenance of such application for any such Patent or Copyright is no longer necessary or desirable in to the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Consolidated Container Co LLC)

Prosecution of Patent or Copyright Applications. At its own expense, each Assignor shall diligently prosecute, in accordance with reasonable business practices, all of its applications for Patents listed in Annex G E hereto and for Copyrights listed in Annex H F hereto and shall not abandon any such application prior to exhaustion of all administrative and judicial remedies, absent written consent of the Collateral Agent, provided PROVIDED that no Assignor shall be obligated to prosecute such application for any such Patent or Copyright to the extent that such Assignor determines, in its reasonable business judgment, that the prosecution of such application for any such Patent or Copyright is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Pca Valdosta Corp)

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Prosecution of Patent or Copyright Applications. At its own expense, each Assignor shall diligently prosecute, in accordance with reasonable business practices, all of its applications for Patents listed in Annex G E hereto and for Copyrights listed in Annex H F hereto and shall not abandon any such application prior to exhaustion of all administrative and judicial remedies, absent written consent of the Collateral Agent, provided that no Assignor shall be obligated to prosecute such application for any such Patent or Copyright to the extent that such Assignor determines, in its reasonable business judgment, that the prosecution of such application for any such Patent or Copyright is no longer necessary or desirable in the conduct of its business.

Appears in 1 contract

Samples: Security Agreement (Southwest General Hospital Lp)

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