Common use of Duties of Grantor Clause in Contracts

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, to: (I) prosecute diligently any trademark application or service mark ▇▇▇lication that is part of the Trademarks pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither Agent nor any Lender shall have any duty with respect to the Trademarks and Licenses. Without limiting the generality of the foregoing, neither Agent nor any Lender shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses against any other parties, but may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Obligations secured hereby.

Duties of Grantor. Each Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, duty to: (Ii) prosecute ----------------- diligently any trademark copyright application or service mark ▇▇▇lication that is part of included in the Trademarks pending as of the date hereof or hereafter until the termination of this AgreementCopyrights, and (ii) at the request of the Agent, make application for trademarks registration of such uncopyrighted but copyrightable material owned by such Grantor as the Agent reasonably deems appropriate, (iii) place notices of copyright on all copyrightable property produced or service marks that are owned by such Grantor embodying the Copyrights and use diligent reasonable efforts to have its licensees do the same and (iv) take all reasonable action necessary to preserve and maintain all of such Grantor's rights in the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses Copyrights that are or shall be necessary or economically desirable in the operation of such Grantor's business, including, without limitation, making timely filings for renewals and extensions of registered Copyrights and diligently monitoring unauthorized use thereof. Any expenses incurred in connection with the foregoing shall be borne by Grantorthe Grantors. Neither the Agent nor any Lender the Lenders shall have any duty with respect to the Trademarks Copyrights other than to act lawfully and Licenseswithout gross negligence or willful misconduct. Without limiting the generality of the foregoing, neither the Agent nor any Lender the Lenders shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses Copyrights against any other parties, but the Agent may do so at its option from and after upon the occurrence and during the continuance of an Event of Default, and all reasonable expenses incurred in connection therewith shall be for the sole account of Grantor the Grantors and shall be added to the Obligations secured herebyObligations.

Duties of Grantor. The Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, duty to: (Ii) prosecute ----------------- diligently any trademark copyright application or service mark ▇▇▇lication that is part of included in the Trademarks pending as of the date hereof or hereafter until the termination of this AgreementCopyrights, and (ii) at the request of the Agent, make application for trademarks registration of such uncopyrighted but copyrightable material owned by the Grantor as the Agent reasonably deems appropriate, (iii) place notices of copyright on all copyrightable property produced or service marks that are owned by the Grantor embodying the Copyrights and use diligent reasonable efforts to have its licensees do the same and (iv) take all reasonable action necessary to preserve and maintain all of the Grantor's rights in the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses Copyrights that are or shall be necessary or economically desirable in the operation of the Grantor's business, including, without limitation, making timely filings for renewals and extensions of registered Copyrights and diligently monitoring unauthorized use thereof. Any expenses incurred in connection with the foregoing shall be borne by the Grantor. Neither the Agent nor any Lender the Lenders shall have any duty with respect to the Trademarks Copyrights other than to act lawfully and Licenseswithout gross negligence or willful misconduct. Without limiting the generality of the foregoing, neither the Agent nor any Lender the Lenders shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses Copyrights against any other parties, but the Agent may do so at its option from and after upon the occurrence and during the continuance of an Event of Default, and all reasonable expenses incurred in connection therewith shall be for the sole account of the Grantor and shall be added to the Obligations secured herebyObligations.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, to: : (Ii) prosecute diligently any trademark patent application or service mark ▇▇▇lication that is part of the Trademarks Patents pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks patents that are necessary in the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark Patent or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks Patents and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither Agent nor any Lender shall have any duty with respect to the Trademarks Patents and Licenses. Without limiting the generality of the foregoing, neither Agent nor any Lender shall be under any obligation to take any steps necessary to preserve rights in the Trademarks Patents or Licenses against any other parties, but may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's businessbusiness and consistent with the exercise of its reasonable business judgment, to: (Ii) prosecute diligently any trademark patent application or service mark ▇▇▇lication that is part of the Trademarks Patents pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's businesson unpatented but patentable inventions. Grantor further agrees (i) not to abandon any Trademark Patent or License without unless the prior written consent of AgentGrantor reasonably determines that it is in the best interests to do so and such abandonment will not materially impair Grantor's ability to maintain its business in the ordinary course, and (ii) to use its best reasonable commercial efforts to maintain in full force and effect the Trademarks Patents and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Administrative Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks Patents and Licenses. Without limiting the generality of the foregoing, neither the Administrative Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks Patents or Licenses against any other parties, but the Administrative Agent may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, to: (Ii) prosecute diligently any trademark copyright application or service mark ▇▇▇lication that is part of included in the Trademarks pending as of the date hereof or hereafter until the termination of this AgreementCopyrights, and (ii) make application for trademarks or service marks that are necessary in registration of such uncopyrighted but copyrightable material as Grantor deems appropriate, (iii) place notices of copyright on all property embodying the operation of Grantor's business. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, Copyrights and (ii) to use its best efforts to have its licensees do the same and (iv) take all reasonable and necessary action to preserve and maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation all of Grantor's businessrights in the Copyrights and Licenses including, without limitation, making timely filings for renewals and extensions and diligently monitoring unauthorized use thereof. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks Copyrights and Licenses. Without limiting the generality of the foregoing, neither the Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks Copyrights or Licenses against any other parties, but the Agent may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, to: (Ii) prosecute diligently any trademark application or service mark ▇▇▇lication ▇ application that is part of the Trademarks pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's businessmarks. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of the Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks and Licenses. Without limiting the generality of the foregoing, neither the Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses against any other parties, but the Agent may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's business, to: : (Ii) prosecute diligently any trademark patent application or service mark ▇▇▇lication that is part of the Trademarks Patents pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's businesson unpatented but patentable inventions. Grantor further agrees (i) not to abandon any Trademark Patent or License without the prior written consent of the Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks Patents and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks Patents and Licenses. Without limiting the generality of the foregoing, neither the Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks Patents or Licenses against any other parties, but the Agent may do so at its option from and after the occurrence and during the continuance of an Event of a Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent ----------------- desirable in the normal conduct of Grantor's business, to: : (Ia) prosecute diligently any trademark application or service mark ▇▇▇lication ▇ application that is part of the Trademarks pending as of the date hereof or hereafter until the termination of this Agreement, and (iib) make application for trademarks or service marks that are necessary in the operation of Grantor's businessmarks. Grantor further agrees (i) not to abandon any Trademark or License without the prior written consent of Agent, and (ii) to use its best efforts to maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither Agent the Trustee nor any Lender of the Holders shall have any duty with respect to the Trademarks and Licenses. Without limiting the generality of the foregoing, neither Agent the Trustee nor any Lender of the Holders shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses against any other parties, but the Trustee may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Secured Obligations secured hereby.

Duties of Grantor. Grantor shall have the duty, to the extent desirable in the normal conduct of Grantor's businessbusiness and consistent with the exercise of its reasonable business judgment, to: (Ii) prosecute diligently any trademark application or service mark ▇▇▇lication that is part of the Trademarks pending as of the date hereof or hereafter until the termination of this Agreement, and (ii) make application for trademarks or service marks that are necessary in the operation of Grantor's businessmarks. Grantor further agrees (i) not to abandon any Trademark or License without unless the prior written consent of AgentGrantor reasonably determines that it is in its best interests to do so and such abandonment will not materially impair Grantor's ability to maintain its business in the ordinary course, and (ii) to use its best reasonable commercial efforts to maintain in full force and effect the Trademarks and the Licenses that are or shall be necessary or economically desirable in the operation of Grantor's business. Any expenses incurred in connection with the foregoing shall be borne by Grantor. Neither the Administrative Agent nor any Lender of the Holders of Secured Obligations shall have any duty with respect to the Trademarks and Licenses. Without limiting the generality of the foregoing, neither the Administrative Agent nor any Lender of the Holders of Secured Obligations shall be under any obligation to take any steps necessary to preserve rights in the Trademarks or Licenses against any other parties, but may do so at its option from and after the occurrence and during the continuance of an Event of Default, and all expenses incurred in connection therewith shall be for the sole account of Grantor and shall be added to the Obligations secured hereby.steps