Common use of Grant of Security Interest in Patent Collateral Clause in Contracts

Grant of Security Interest in Patent Collateral. As collateral security for the payment and performance in full of all the Secured Obligations, each Assignor hereby pledges and grants to the Assignee for the benefit of the Secured Parties, a lien on and security interest in all of the right, title and interest of such Assignor in, to and under the following property, wherever located, and whether now existing or hereafter arising or acquired from time to time (collectively, the “Pledged Patent Collateral”):

Appears in 8 contracts

Samples: Security Agreement (Novelis Inc.), Security Agreement (Novelis Inc.), Security Agreement (Novelis South America Holdings LLC)

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Grant of Security Interest in Patent Collateral. As collateral security for the prompt and complete payment and performance in full when due of all the of its Secured Debt Obligations, each Assignor does hereby pledges pledge and grants grant to the Assignee Assignee, for the benefit of the Secured Parties, a lien on and continuing security interest in all of the right, title and interest of such Assignor in, to and under all of the following propertypersonal and fixture property (and all rights therein) of such Assignor, wherever locatedor in which or to which such Assignor has any rights, and whether in each case now existing or hereafter arising or acquired from time to time acquired (collectively, the “Pledged Patent Collateral”):

Appears in 1 contract

Samples: Security Agreement (Acco Brands Corp)

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