Common use of Security Interest in Intellectual Property Clause in Contracts

Security Interest in Intellectual Property. To secure prompt payment of any and all of the Obligations in accordance with the terms and conditions of the Loan Documents and in order to secure prompt performance by Grantor of each of its covenants and duties under the Loan Documents, Grantor hereby grants to Grantee, for the benefit of the Grantee and the Bank Product Providers, a continuing security interest in, all of Grantor's right, title and interest in and to all of the following now owned and existing and hereafter arising, created or acquired property (collectively, the "INTELLECTUAL PROPERTY"):

Appears in 2 contracts

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

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Security Interest in Intellectual Property. To secure prompt payment of any and all of the Obligations in accordance with the terms and conditions of the Loan Documents Security Agreement and in order to secure prompt performance by Grantor of each of its covenants and duties under the Loan Indenture Documents, Grantor hereby grants to Grantee, for the benefit of the Grantee and the Bank Product Providersother Secured Parties, a continuing security interest in, all of Grantor's right, title and interest in and to all of the following now owned and existing and hereafter arising, created or acquired property and products and proceeds thereof (collectively, the "INTELLECTUAL PROPERTYIntellectual Property"):

Appears in 2 contracts

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

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Security Interest in Intellectual Property. To secure prompt payment of any and all of the Obligations in accordance with the terms and conditions of the Loan Documents Security Agreement and in order to secure prompt performance by Grantor of each of its covenants and duties under the Loan Indenture Documents, Grantor hereby grants to Grantee, for the benefit of the Grantee and the Bank Product Providersother Secured Parties, a continuing security interest in, all of Grantor's right, title and interest in and to all of the following now owned and existing and hereafter arising, created or acquired property and products and proceeds thereof (collectively, the "INTELLECTUAL PROPERTY"):Intellectual Pro e

Appears in 1 contract

Samples: Security Agreement (Viskase Companies Inc)

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