Examples of IP Security Agreement in a sentence
This IP Security Agreement shall be governed by, and construed and interpreted in accordance with the internal laws of the State of New York, without giving effect to its choice of law provisions that would require the application of another state’s laws.
This IP Security Agreement shall terminate on the date on which all payments under the Notes have been indefeasibly paid in full.
Upon termination of this IP Security Agreement, the Lender shall promptly execute such documents or instruments and take such further actions as the Company or any Debtor may reasonably request for the purposes of releasing the security interests granted herein.
Notwithstanding the foregoing, no failure to so modify this IP Security Agreement or amend Schedules A, B, C or D shall in any way affect, invalidate or detract from Lender’s first priority security interest in all Collateral, whether or not listed on Schedule A, B, C or D.
Without limiting the Company’s obligations under this paragraph, each of the Debtors hereby authorizes the Lender unilaterally to modify this IP Security Agreement by amending Schedules A, B, C or D to include any future patents, trademarks, copyrights, licenses thereto or applications therefor of any Debtor.