Common use of New Trademarks Clause in Contracts

New Trademarks. Grantor represents and warrants that, based on a diligent investigation by Grantor, the Trademarks listed on Schedule A constitute all of the federally registered Trademarks, and federal applications for registration of Trademarks (other than “intent to use” applications until a verified statement of use is filed with respect to such applications) now owned by Grantor. If, before the Obligations shall have been satisfied in full or before the Loan Documents have been terminated, Grantor shall (a) become aware of any existing registered Trademarks of which Grantor has not previously informed the Bank, or (b) become entitled to the benefit of any registered Trademarks, 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 the Bank prompt written notice thereof. Grantor hereby authorizes the Bank to modify this Security Agreement by amending Schedule A to include any such Trademarks.

New Trademarks. Grantor represents and warrants that, based on a diligent investigation by Grantor, the Trademarks listed on Schedule A constitute all of the federally registered Trademarks, and federal applications for registration of Trademarks (other than “"intent to use” " applications until a verified statement of use is filed with respect to such applications) now owned by Grantor. If, before the Obligations Liabilities shall have been paid and satisfied in full or before the Loan Documents Financing Agreements have been terminated, Grantor shall (ai) become aware of any existing registered Trademarks of which Grantor has not previously informed the BankAgent, or (bii) become entitled to the benefit of any registered Trademarks, 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 the Bank Agent prompt written notice thereof. Grantor hereby authorizes the Bank Agent to modify this Security Agreement by amending Schedule A to include any such Trademarks.