Material Copyright definition

Material Copyright shall have the meaning specified therefor in Section 4.16(e).

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Material Copyright means one or more Copyrights, Patents or Trademarks, respectively, which individually has a fair market value in excess of $10,000 or are individually or in the aggregate otherwise material to the business of the Company. In the event that any right to any Copyright, Copyright License, Patent, Patent License, Trademark or Trademark License is infringed, misappropriated or diluted by a third party, the Company shall notify the Collateral Agent promptly after it learns thereof and shall, unless the Company shall reasonably determine that any such action would be of negligible economic value, promptly ▇▇▇ for infringement, misappropriation or dilution and to recover any and all damages for such infringement, misappropriation or dilution, and take such other actions as the Company shall reasonably deem appropriate under the circumstances to protect such Copyright, Copyright License, Patent, Patent License, Trademark or Trademark License. In no event shall the Company, either itself or through any agent, employee or licensee, file an application for the registration of any Copyright with the United States Copyright Office or any Material Patent or Material Trademark with the United States Patent and Trademark Office, or with any similar office or agency in any other country or any political subdivision thereof, unless not less than 30 days prior thereto it informs the Collateral Agent, and, upon request of the Collateral Agent, executes and delivers any and all agreements, instruments, documents and papers the Collateral Agent may request to evidence the Security Interests in such Copyright, Patent or Trademark and the goodwill and general intangibles of the Company relating thereto or represented thereby, and the Company hereby constitutes the Collateral Agent its attorney-in-fact to execute and file all such writings for the foregoing purposes, all acts of such attorney being hereby ratified and confirmed; such power, being coupled with an interest, shall be irrevocable until the Secured Obligations are paid in full.

Material Copyright means a Copyright that is material to the business of any Credit Party or any of its Subsidiaries.

Examples of Material Copyright in a sentence

Such Grantor will not (either itself or through licensees) knowingly do any act whereby any Material Copyright may fall into the public domain.
In the case of such Material Copyright registrations or applications therefor which were acquired by any Grantor, each such Grantor shall promptly (but in no event later than three (3) Business Days following such acquisition) file the necessary documents with the appropriate Governmental Authority identifying the applicable Grantor as the owner (or as a co-owner thereof, if such is the case) of such Material Copyrights.
Upon receipt from the United States Copyright Office of notice of registration of any Material Copyright, each Grantor shall promptly (but in no event later than ten (10) Business Days following such receipt or such longer period as Agent may agree) notify (but without duplication of any notice required by Section 6(g)(v)) Agent of such registration by delivering, or causing to be delivered, to Agent, documentation sufficient for Agent to perfect Agent’s Liens on such Material Copyright.
Except as otherwise permitted by the Secured Debt Agreements, each Assignor hereby agrees not to divest itself, after execution of this Agreement, of any right under any Material Patent or Material Copyright absent prior written approval of the PBGC.
Each Assignor hereby grants to the PBGC an absolute power of attorney exercisable upon the occurrence and during the continuance of any Event of Default, to sign any document which may be required by the United States Patent and Trademark Office or the United States Copyright Office in order to effect an absolute assignment of all right, title and interest in each Material Patent or Material Copyright, and to record the same.
Mortgagor shall not abandon any right to file an application with respect to a copyright, patent, trademark or service mark that is material to Mortgagor's business, or abandon any Material Copyright, Material Patent, Material Trademark or Material License, without the written consent of Mortgagee.
In general quarterly reports to the Bank regarding Intellectual Property assets will be acceptable to Bank unless Borrower undertakes the registration of any Material Copyright and, in such circumstance, Borrower shall provide written notification to Bank as indicated in the preceding paragraph.
Each Grantor will not do any act, or omit to do any act, whereby any Material Copyright may become abandoned or dedicated.
Date BRITERAIL Registered 87886414 20-Apr-18 5717664 02-Apr-19 CALBOND Registered 85458381 27-Oct-11 4164350 26-Jun-12 CALBRITE Registered 85291702 11-Apr-11 4049260 01-Nov-11 CALCONDUIT Registered 85280210 29-Mar-11 4114043 ▇▇-▇▇▇-▇▇ ▇▇▇▇▇▇▇ SECURITY BOLLARDS Registered 85280214 29-Mar-11 4070034 13-Dec-11 Material Copyright Licenses, Patent Licenses and Trademark Licenses None.
At its own expense, each Assignor shall make timely payment of all post-issuance fees required to maintain in force its rights under each Material Patent or Material Copyright, absent prior written consent of the PBGC (other than any such Patents or Copyrights which are no longer used or are deemed by such Assignor in its reasonable business judgment to no longer be useful in its business or operations).

More Definitions of Material Copyright

Material Copyright means any Copyright which the Debtor reasonably determines (i) to have a material fair market value or (ii) is necessary or desirable for the conduct of its business.

Material Copyright any Copyright the absence, abandonment or loss of which could reasonably be expected to result in a material adverse change in, or a material adverse effect on, the operations or financial condition of [●] and its Subsidiaries, or the Collateral taken as a whole.

Material Copyright shall have the meaning set forth in the Security Agreement.

Material Copyright means any copyright which is material to the business of a Grantor.