Domain Name Collateral definition
Examples of Domain Name Collateral in a sentence
The Lender’s rights and remedies with respect to the Domain Name Collateral, whether established hereby, by the Loan Agreement or by any other agreements or by law, shall be cumulative and may be exercised singularly or concurrently.
Notice of any sale, license or other disposition of any of the Domain Name Collateral shall be given to such Assignor at least ten (10) days before the time that any intended public sale or other public disposition of such Domain Name Collateral is to be made or after which any private sale or other private disposition of such Domain Name Collateral may be made, which such Assignor hereby agrees shall be reasonable notice of such public or private sale or other disposition.
To the extent Lender does not join in any proceeding, Lender shall cooperate to the extent reasonably required by Assignors for purposes of Assignors’ enforcement rights as they relate to the Domain Name Collateral.
The Loan Agreement, and all rights and interests of the Lender in and to the Collateral (including the Domain Name Collateral) thereunder, are hereby ratified and confirmed in all respects.
At any such sale or other disposition, the Lender may, to the extent permitted under applicable law, purchase or license the whole or any part of the Domain Name Collateral or interests therein sold, licensed or otherwise disposed of.
In general, Assignors shall take any and all such actions (including, but not limited to, institution and maintenance of suits, proceedings or actions) that in their discretion they determine to be necessary or appropriate to properly maintain, protect, preserve, care for and enforce the Domain Name Collateral other than Domain Name Rights and Domain Names dropped or not renewed in the ordinary course of business.
Assignors shall assume full and complete responsibility for the prosecution, grant, enforcement or any other necessary or desirable actions in connection with the Domain Name Collateral, and shall hold the Lender harmless from any and all costs, damages, liabilities and expenses which may be incurred by the Lender in connection with the Lender’s interest in any of the Domain Name Collateral or any other action or failure to act in connection with this Agreement or the transactions contemplated hereby.
Each Assignor shall have the right, with the consent of the Lender, which consent shall not be unreasonably withheld, to bring suit or other action in such Assignor’s own name to maintain and enforce the Domain Name Collateral, the Domain Name License Rights and the Domain Name Rights.
Any and all present or future rights in, to and associated with the Domain Name Collateral throughout the world, whether arising under federal law, state law, common law, foreign law, or otherwise.
Assignors shall not take or fail to take any action, nor permit any action to be taken or not taken by others under their control, which would adversely affect the validity, grant or enforcement of any of the Domain Name Collateral other than Domain Name Rights and Domain Names dropped or not renewed in the ordinary course of business.