Common use of Protection and Registration of Intellectual Property Rights Clause in Contracts

Protection and Registration of Intellectual Property Rights. Protect, defend and maintain the validity and enforceability of Borrowers’ Intellectual Property; (ii) promptly advise Bank in writing of infringements of its Intellectual Property that become known to the Borrowers and that would reasonably be expected to result in a material adverse effect on a Borrower (Borrowers acknowledge that the contents of any such notice may be limited as necessary, upon advice of counsel, to protect the attorney client privilege); and (iii) not allow any Intellectual Property material to a Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.

Protection and Registration of Intellectual Property Rights. Protect, defend and maintain the validity and enforceability of Borrowers’ each Borrower’s Intellectual Property; (ii) promptly advise Bank in writing of infringements of its Intellectual Property that become known to the Borrowers any Borrower and that would reasonably be expected to result in a material adverse effect on a any Borrower (Borrowers acknowledge acknowledges that the contents of any such notice may be limited as necessary, upon advice of counsel, to protect the attorney client privilege); and (iii) not allow any Intellectual Property material to a any Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.

Protection and Registration of Intellectual Property Rights. (a) (i) Protect, defend and maintain the validity and enforceability of Borrowers’ its Intellectual PropertyProperty that is material to its business (it being acknowledged that the Intellectual Property owned by Frankly Co. as of the Effective Date shall not be deemed material to Borrower’s business); (ii) promptly advise Bank in writing of material infringements of its Intellectual Property or any other event that become known to the Borrowers and that would could reasonably be expected to result in a material adverse effect on a Borrower (Borrowers acknowledge that materially and adversely affect the contents value of any such notice may be limited as necessary, upon advice of counsel, to protect the attorney client privilege)its Intellectual Property; and (iii) not allow any Intellectual Property material to a Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.

Protection and Registration of Intellectual Property Rights. Protect, defend and maintain the validity and enforceability of Borrowers’ Borrower’s Intellectual Property; (ii) promptly advise Bank in writing of infringements of its Intellectual Property that become known to the Borrowers Borrower and that would reasonably be expected to result in a material adverse effect on a Borrower (Borrowers acknowledge Borrower acknowledges that the contents of any such notice may be limited as necessary, upon advice of counsel, to protect the attorney client privilege); and (iii) not allow any Intellectual Property material to a Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.