Common use of New Intellectual Property Clause in Contracts

New Intellectual Property. Grantor hereby represents and warrants to Grantee for the benefit of the Grantee and the other Secured Parties that the Intellectual Property listed on Exhibits A, B and C, respectively, constitute all of the Registered Intellectual Property now owned by Grantor. Grantor hereby represents and warrants to Grantee for the benefit of Grantee and the other Secured Parties that the Intellectual Property listed on Exhibit C constitute all of the material Licenses now owned by Grantor. If, before all Obligations (other than contingent indemnification obligations) shall have been satisfied in full or the Defeasance thereof shall have been consummated, Grantor shall (i) become aware of any existing Registered Intellectual Property of which Grantor has not previously informed Grantee, (ii) obtain rights to any Registered Intellectual Property, or (iii) become entitled to the benefit of any material Intellectual Property which benefit is not in existence on the date hereof, the provisions of this Agreement above shall automatically apply thereto and Grantor shall give to Grantee prompt written notice thereof. Grantor hereby authorizes Grantee to modify this Agreement by amending Exhibits A, B, C, and D, as applicable, to include any such Intellectual Property, and Grantee may file or refile this Agreement with the United States Patent and Trademark Office and United States Copyright Office. Grantor agrees to execute and deliver any and all documents and instruments necessary or advisable to record or preserve Grantee's interest in all Intellectual Property added to Exhibits A, B, C, and D pursuant to this Section.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (Viskase Companies Inc), Intellectual Property Security Agreement (Viskase Companies Inc)

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New Intellectual Property. Grantor Assignor hereby represents and warrants to Grantee Assignee for the benefit of the Grantee Assignee and the other Secured Parties Bank Product Providers that the Intellectual Property listed on Exhibits A, B B, C, and CD, respectively, constitute all of the Registered Intellectual Property material to the Assignor's business and now owned by Grantor. Grantor hereby represents and warrants to Grantee for the benefit of Grantee and the other Secured Parties that the Intellectual Property listed on Exhibit C constitute all of the material Licenses now owned by GrantorAssignor. If, before all Obligations (other than contingent indemnification obligations) shall have been satisfied in full or before the Defeasance thereof shall have Credit Agreement has been consummatedterminated, Grantor Assignor shall (i) become aware of any existing Registered Intellectual Property material to the Assignor's business of which Grantor Assignor has not previously informed GranteeAssignee, (ii) obtain rights to any Registered new patentable inventions or other Intellectual PropertyProperty material to the Assignor's business, or (iii) become entitled to the benefit of any material Intellectual Property material to the Assignor's business which benefit is not in existence on the date hereof, the provisions of this Security Agreement above shall automatically apply thereto and Grantor Assignor shall give to Grantee Assignee prompt written notice thereof. Grantor Assignor hereby authorizes Grantee Assignee to modify this Security Agreement by amending Exhibits A, B, C, and D, as applicable, to include any such Intellectual Property, and Grantee may to file or refile this Security Agreement with the United States U.S Patent and Trademark Office and United States U.S. Copyright Office. Grantor Assignor agrees to execute and deliver any and all documents and instruments necessary or advisable to record or preserve GranteeAssignee's interest in all Intellectual Property added to Exhibits A, B, C, and D pursuant to this Section.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (Easylink Services Corp), Intellectual Property Security Agreement (Easylink Services Corp)

New Intellectual Property. Grantor hereby represents and warrants to Grantee for the benefit of the Grantee and the other Secured Parties Bank Product Providers that the Intellectual Property listed on Exhibits A, B and C, respectively, constitute all of the Registered Intellectual Property now owned by Grantor. Grantor hereby represents and warrants to Grantee for the benefit of Grantee and the other Secured Parties Bank Product Providers that the Intellectual Property listed on Exhibit C constitute all of the material Licenses now owned by Grantor. If, before all Obligations (other than contingent indemnification obligations) shall have been satisfied in full or before the Defeasance thereof shall have Loan Agreement has been consummatedterminated, Grantor shall (i) become aware of any existing Registered Intellectual Property of which Grantor has not previously informed Grantee, (ii) obtain rights to any Registered Intellectual Property, or (iii) become entitled to the benefit of any material Intellectual Property which benefit is not in existence on the date hereof, the provisions of this Security Agreement above shall automatically apply thereto and Grantor shall give to Grantee prompt written notice thereof. Grantor hereby authorizes Grantee to modify this Security Agreement by amending Exhibits A, B, C, and D, as applicable, to include any such Intellectual Property, and Grantee may file or refile this Security Agreement with the United States U.S Patent and Trademark Office and United States U.S. Copyright Office. Grantor agrees to execute and deliver any and all documents and instruments necessary or advisable to record or preserve Grantee's interest in all Intellectual Property added to Exhibits A, B, C, and D pursuant to this Section.

Appears in 2 contracts

Samples: Intellectual Property Security Agreement (Viskase Companies Inc), Intellectual Property Security Agreement (Viskase Companies Inc)

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New Intellectual Property. Grantor hereby represents and warrants to Grantee for the benefit of the Grantee and the other Secured Parties that the Intellectual Property listed on Exhibits A, B and C, C respectively, constitute all of the Registered Intellectual Property now owned by Grantor. Grantor hereby represents and warrants to Grantee for the benefit of Grantee and the other Secured Parties that the Intellectual Property listed on Exhibit C constitute all of the material Licenses now owned by Grantor. , If, before all Obligations (other than contingent indemnification obligations) shall have been satisfied in full or the Defeasance thereof shall have been consummated, Grantor shall (i) become aware of any existing Registered Intellectual Property of which Grantor has not previously informed Grantee, (ii) obtain rights to any Registered Intellectual Property, or (iii) become entitled to the benefit of any material Intellectual Property which benefit is not in existence on the date hereof, the provisions of this Agreement above shall automatically apply thereto and Grantor shall give to Grantee prompt written notice thereof. Grantor hereby authorizes Grantee to modify this Agreement by amending Exhibits A, B, C, B C and D, D as applicable, to include any such Intellectual Property, and Grantee may file or refile this Agreement with the United States Patent and Trademark Office and United States Copyright Office. Grantor agrees to execute and deliver any and all documents and instruments necessary or advisable to record or preserve Grantee's interest in all Intellectual Property added to Exhibits A, B, C, B C and D pursuant to this Section.

Appears in 1 contract

Samples: Security Agreement (Viskase Companies Inc)

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