Intellectual Property Collateral definition
Examples of Intellectual Property Collateral in a sentence
SECURITY INTEREST 71 10.1 Grant of Security Interest 71 10.2 Agents’ Rights 73 10.3 Administrative Agent’s Appointment as Attorney-in-Fact 73 10.4 Grant of License to Use Intellectual Property Collateral 74 10.5 Terminations; Amendments Not Authorized 74 10.6 Inspections 74 10.7 IP Appraisal 75 11.
As of the date hereof, no Responsible Officer of any Grantor has Knowledge of (i) any written third-party claim (A) that any of its owned Intellectual Property registrations or applications is invalid or unenforceable, or (B) challenging such Grantor’s rights to the Intellectual Property Collateral or (ii) any basis for such claims, other than, in each case, to the extent any such third-party claim would not reasonably be expected to have a Material Adverse Effect.