Product Quality. Borrower agrees to maintain the quality of any and all products in connection with which the Trademarks are used, consistent with commercially reasonable business practices. Upon the occurrence of an Event of Default, Borrower agrees that Lender, or a conservator appointed by Lender, shall have the right to establish such additional product quality controls as Lender, or said conservator, in its reasonable judgment, may deem necessary to assure maintenance of the quality of products sold by Borrower under the Trademarks.
Appears in 4 contracts
Samples: Trademark Security Agreement (Novitron International Inc), Trademark Security Agreement (Novitron International Inc), Trademark Security Agreement (Singing Machine Co Inc)
Product Quality. Borrower agrees to maintain the quality of any and all products in connection with which the Trademarks are used, consistent with commercially reasonable business practices. Upon the occurrence of an Event of Default, Borrower agrees that LenderAgent, or a conservator appointed by LenderAgent, shall have the right to establish such additional product quality controls as LenderAgent, or said conservator, in its reasonable judgment, may deem necessary to assure maintenance of the quality of products sold by Borrower under the Trademarks.
Appears in 1 contract
Samples: Trademark Security Agreement (Easy Gardener Products LTD)
