Protection and Maintenance of Intellectual Property Sample Clauses

Protection and Maintenance of Intellectual Property. (i) The Corporation has taken all reasonable steps to (x) protect its rights to the Intellectual Property, and (y) to prevent the unauthorized use by any other person or entity; and
AutoNDA by SimpleDocs
Protection and Maintenance of Intellectual Property. (i) The Business Contribution Member has taken all reasonable steps to (x) protect the Business Contribution Member's rights to the Intellectual Property, and (y) to prevent the unauthorized use by any other person or entity; and
Protection and Maintenance of Intellectual Property. Each of the --------------------------------------------------- Company and the LLC (i) has taken all reasonable steps to (A) protect the Company's rights to the Intellectual Property listed in Section 2.15 of the Schedule of Exceptions and (B) prevent the unauthorized use thereof by, or the unauthorized disclosure thereof to, any other Person, and (ii) shall use all reasonable efforts to maintain, or cause to be maintained, the Intellectual Property listed in Section 2.15 of the Schedule of Exceptions in full force and effect through the Closing and, without limitation, has renewed or has made, and will make within an applicable renewal period ending on or prior to the Closing, application to renew all of such Intellectual Property subject to expiration on or prior to the Closing. Neither the Company nor the LLC nor any of the Shareholders, nor any of their respective Affiliates, has granted to any other Person any rights or permissions to use any of the Intellectual Property listed in Section 2.15 of the Schedule of Exceptions. With respect to any part of the Intellectual Property which was created by the Company or the LLC or any of their respective agents or representatives (e.g., any copyrights, know-how, trade secret, trade right or confidential or proprietary report or information of the Company or the LLC), (i) no third party has any rights (whether non- exclusive or otherwise) in such Intellectual Property and, except pursuant to reasonably prudent safeguards, no third party has received any confidential information relating to such Intellectual Property, (ii) neither the Company nor the LLC is under any contractual or other obligation to disclose to any third party any such Intellectual Property except pursuant to prudent and reasonable safeguards, and (iii) there are no known significant defects therein and such Intellectual Property substantially conforms to all documentation and materials produced by the Company or the LLC which describe such Intellectual Property.
Protection and Maintenance of Intellectual Property. Except as set forth in Section 2.9 of the Disclosure Schedule, the Company has taken all reasonable steps to (A) protect the Company's rights to the Company Intellectual Property and (B) prevent the unauthorized use thereof by, or the unauthorized disclosure thereof to, any other person, in each case in accordance with standard industry practice. Except as set forth in Section 2.9 of the Disclosure Schedule and except in the ordinary course of business consistent with past practices, neither the Company nor any of its affiliates, has granted to any other person any rights or permissions to use any of the Company Intellectual Property. With respect to any part of the Company Intellectual Property which was created by the Company or any of its agents or representatives (E.G., any copyrights, know-how, trade secret, trade right or confidential or proprietary report or information of the Company), (A) to the knowledge of the Company, no third party has any rights (whether non-exclusive or otherwise) in such Company Intellectual Property, and, except pursuant to reasonably prudent safeguards, no third party has received any confidential information relating to such Company Intellectual Property, (B) the Company is not under any contractual or other obligation to disclose to any third party any such Company Intellectual Property except pursuant to prudent and reasonable safeguards, and (C) there are no known significant defects therein and such Company Intellectual Property substantially conforms to all documentation and materials produced by the Company which describe such Company Intellectual Property.
Protection and Maintenance of Intellectual Property. (i) The Corporation (and, prior to the Corporation's acquisition of Deadline Express, Deadline Express) has taken all reasonable steps to (x) protect its rights to the Intellectual Property, and (y) to prevent the unauthorized use by any other person or entity; and
Protection and Maintenance of Intellectual Property. (a) Abandon, dedicate to the public, or permit to lapse, any material Obligor Intellectual Property;
Protection and Maintenance of Intellectual Property 
AutoNDA by SimpleDocs

Related to Protection and Maintenance of Intellectual Property

  • Maintenance of Intellectual Property The Company will, and will cause each of its Subsidiaries to, take all reasonable action necessary or advisable to maintain all of the Intellectual Property Rights of the Company and/or any of its Subsidiaries that are necessary or material to the conduct of its business in full force and effect.

  • Protection of Intellectual Property Subject to and except as permitted by the Credit Agreement, such Grantor shall use commercially reasonable efforts not to do any act or omit to do any act whereby any of the Intellectual Property that is material to the business of Grantor may lapse, expire, or become abandoned, or unenforceable, except as would not reasonably be expected to have a Material Adverse Effect.

  • Prosecution and Maintenance of Patents Patent Costs ----------------------------------------------------

  • Prosecution and Maintenance Each party retains the sole right to protect at its sole discretion the Intellectual Property and Technology owned by such party, including, without limitation, deciding whether to file and prosecute applications to register patents, copyrights and mask work rights included in such Intellectual Property, whether to abandon prosecution of such applications, and whether to discontinue payment of any maintenance or renewal fees with respect to any patents included in such Intellectual Property.

  • Protection of Intellectual Property Rights (a) (i) Protect, defend and maintain the validity and enforceability of its Intellectual Property; (ii) promptly advise Bank in writing of material infringements or any other event that could reasonably be expected to materially and adversely affect the value of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.

  • Prosecution and Maintenance of Patent Rights ALNYLAM will have the right and responsibility to file, prosecute and maintain patent protection in the Territory for all ALNYLAM Patent Rights. [ * ]

  • License of Intellectual Property During the term of this Agreement and any extension or renewals thereof, each of the party's hereto hereby grants royalty free to the other party hereto the non-exclusive right and license to use any and all trademarks, trade names, service marks, logos, and other intellectual property rights owned by the granting party. The licensed intellectual property and any goodwill associated therewith are and shall at all times remain the property of the granting party.

  • Protection and Registration of Intellectual Property Rights (a) (i) Protect, defend and maintain the validity and enforceability of its Intellectual Property; (ii) promptly advise Bank in writing of material infringements of its Intellectual Property; and (iii) not allow any Intellectual Property material to Borrower’s business to be abandoned, forfeited or dedicated to the public without Bank’s written consent.

  • Intellectual Property Matters Each Credit Party and each Subsidiary thereof owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing which are reasonably necessary to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and no Credit Party nor any Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

  • Filing, Prosecution and Maintenance of Patents RENOVIS agrees to file, prosecute and maintain in the Territory, upon appropriate consultation with MERCK, the RENOVIS Patent Rights licensed to MERCK under this Agreement; provided, however, with respect to Joint Information and Inventions that are not Improvements to RENOVIS Patent Rights or RENOVIS Technology, MERCK shall have the first right to file patent applications for such Joint Information and Inventions. With respect to RENOVIS Information and Inventions, RENOVIS may elect not to file and if so MERCK shall have the right to file patent applications. In such event, RENOVIS shall execute such documents and perform such acts at RENOVIS’ expense as may be reasonably necessary to effect an assignment of such Patent Rights to MERCK in a timely manner to allow MERCK to continue such prosecution or maintenance. In each case, the filing Party shall give the non-filing Party an opportunity to review the text of the application before filing, shall consult with the non-filing Party with respect thereto, and shall supply the non-filing Party with a copy of the application as filed, together with notice of its filing date and serial number. RENOVIS shall keep MERCK advised of the status of the actual and prospective patent filings and upon the request of MERCK, provide advance copies of any papers related to the filing, prosecution and maintenance of such patent filings. RENOVIS shall promptly give notice to MERCK of the grant, lapse, revocation, surrender, invalidation or abandonment of any Patent Rights licensed to MERCK for which RENOVIS is responsible for the filing, prosecution and maintenance. With respect to all filings hereunder, the filing Party shall be responsible for payment of all costs and expenses related to such filings.

Time is Money Join Law Insider Premium to draft better contracts faster.