Notice of after-acquired Collateral Sample Clauses

Notice of after-acquired Collateral. Addenda Debtor will notify Secured Party of each acquisition after the Effective Date of an interest in • a registered or applied-for Copyright, Patent, Trademark, or Domain Name, or • an IP License of a type required to be disclosed on the Effective Date. Debtor will provide the notice by the 10th Business Day following the end of the calendar quarter in which the interest was acquired, along with addenda to Schedules B, C, D, E, and F (each an Addendum), as appropriate, listing the acquired interests. Each Addendum will become part of the relevant Schedule effective upon Secured Party's receipt of the Addendum.42 Without limiting Debtor’s obligations, Secured Party may at any time unilaterally provide an Addendum to Schedule B, C, D, E or F, as appropriate, to include any such after-acquired Collateral, whether or not Debtor has notified Secured Party of its acquisition. Any such Addendum will become a part of the relevant Schedule effective upon Secured Party’s sending a copy of the Addendum to Debtor. Debtor’s or Secured Party’s failure to provide an Addendum will not affect, invalidate, release, limit, or detract from the Security Interest in the after-acquired Collateral or other Collateral. With each Addendum delivered to Secured Party, Debtor will also deliver (unless previously delivered under section 3.7.2) executed Notices of Copyright Security Interest, Notices of Patent Security Interest, and Notices of Trademark Security Interest, as applicable, for the Intellectual Property listed on the Addendum, which Secured Party may file with the applicable IP Filing Office. If Debtor does not deliver any such Notice, Secured Party may prepare and execute an appropriate Notice on Debtor’s behalf and file it in the applicable IP Filing Office.43
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Related to Notice of after-acquired Collateral

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  • CREDIT AND COLLATERAL EXCEPTIONS (1) Within ninety (90) days the Board shall obtain current and satisfactory credit information on all loans lacking such information, including those listed in the XXX, in any subsequent Report of Examination, in any internal or external loan review, or in any listings of loans lacking such information provided to management by the National Bank Examiners at the conclusion of an examination.

  • Release of Collateral Subject to Section 11.01 and the terms of the Basic Documents, the Indenture Trustee shall release property from the lien of this Indenture only upon receipt by it of an Issuer Request accompanied by an Officer’s Certificate, an Opinion of Counsel and Independent Certificates in accordance with TIA Sections 314(c) and 314(d)(1) or an Opinion of Counsel in lieu of such Independent Certificates to the effect that the TIA does not require any such Independent Certificates.

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  • Transfer Upon Realization of Pledged, Mortgaged or Charged Escrow Securities (1) You may transfer within escrow to a financial institution the escrow securities you have pledged, mortgaged or charged under section 4.2 to that financial institution as collateral for a loan on realization of the loan.

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  • Application of Miscellaneous Proceeds upon Condemnation, Destruction, or Loss in Value of the Property In the event of a total taking, destruction, or loss in value of the Property, all of the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property (each, a “Partial Devaluation”) where the fair market value of the Property immediately before the Partial Devaluation is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the Partial Devaluation, a percentage of the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument unless Borrower and Lender otherwise agree in writing. The amount of the Miscellaneous Proceeds that will be so applied is determined by multiplying the total amount of the Miscellaneous Proceeds by a percentage calculated by taking (i) the total amount of the sums secured immediately before the Partial Devaluation, and dividing it by (ii) the fair market value of the Property immediately before the Partial Devaluation. Any balance of the Miscellaneous Proceeds will be paid to Borrower. In the event of a Partial Devaluation where the fair market value of the Property immediately before the Partial Devaluation is less than the amount of the sums secured immediately before the Partial Devaluation, all of the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument, whether or not the sums are then due, unless Borrower and Lender otherwise agree in writing.

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