IP Collateral definition

IP Collateral means, collectively, the Intellectual Property that constitutes Collateral under the Security Agreement.
IP Collateral means all “Intellectual Property Collateral” referred to in the Collateral Documents and all of the other IP Rights that are or are required by the terms hereof or of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties.
IP Collateral shall have the meaning assigned to such term in Section 2 hereof.

Examples of IP Collateral in a sentence

  • All provisions of the Security Agreement shall apply to the IP Collateral.

  • In the event of a conflict between this Agreement and the Security Agreement, the terms of this Agreement shall control with respect to the IP Collateral and the Security Agreement with respect to all other Collateral.

  • The Collateral Agent shall have the same rights, remedies, powers, privileges and discretions with respect to the security interests created in the IP Collateral as in all other Collateral.

  • Each Grantor does hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights and remedies of, the Collateral Agent with respect to the IP Collateral are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated herein by reference as if fully set forth herein.

  • Each Pledgor hereby acknowledges and affirms that the rights and remedies of the Collateral Agent with respect to the IP Collateral are more fully set forth in the Collateral Agreement, the terms and provisions of which are hereby incorporated herein by reference as if fully set forth herein.


More Definitions of IP Collateral

IP Collateral means, collectively, the Intellectual Property that constitutes Collateral.
IP Collateral means, collectively, the Collateral relating to intellectual property rights of the Credit Parties hereunder or under any other Loan Document.
IP Collateral means, collectively, the Intellectual Property that constitutes Collateral under the Pledge and Security Agreement.
IP Collateral means, collectively, the Collateral consisting of rights in or to Intellectual Property under the Security Agreement.
IP Collateral means all of the Intellectual Property as such term is defined in the General Security Agreement.
IP Collateral means, with respect to any Grantor, the Article 9 Collateral consisting of Intellectual Property of such Grantor.