Examples of Patent and Trademark Security Agreements in a sentence
The provisions of the [Patent and Trademark Security Agreements are supplemental to the provisions of this Agreement, and nothing contained in the Patent and Trademark Security Agreements shall derogate from any of the rights or remedies of the Secured Party hereunder.
The Patent and Trademark Security Agreements dated as of the date hereof and executed and delivered by the Borrower and each Domestic Subsidiary to the Administrative Agent for the ratable benefit of the Banks.
Neither the delivery of, nor anything contained in, the [Patent and Trademark Security Agreements shall be deemed to prevent or postpone the time of attachment or perfection of any security interest in such Collateral created hereby.
Xx of the date of this Agreement no individual, including Xxxxx Xxxxx, and/or entity has a security interests, which is senior to that of Buyer,in any assets of the Company including but not limited to the Pledged Property as detailed in the Security Agreement or the Patent Collateral as detailed in the Patent and Trademark Security Agreements.
Upon the filing of financing statements relating to such security interests in each office and in each jurisdiction where required in order to perfect the security interests described above and recordations of the Security Agreements and/or the Patent and Trademark Security Agreements in the United States Patent and Trademark Office and the United States Copyright Office, all such action as is necessary or advisable to establish such rights of the Collateral Agent will have been taken.
Concurrently herewith the Debtor is also executing and delivering to the Secured Party the Patent and Trademark Security Agreements pursuant to which the Debtor is granting to the Secured Party security interests in certain Collateral consisting of patents and patent rights and trademarks, service marks and trademark and service xxxx rights, together with the goodwill appurtenant thereto.
There will be upon execution and delivery of the Security Agreements and Patent and Trademark Security Agreements and such filings no necessity for any further action in order to preserve, protect and continue such rights, except the filing of continuation statements with respect to such financing statements within six months prior to each five year anniversary of the filing of such financing statements.
Without limiting the generality of the Patent and Trademark Security Agreements, the Borrowers hereby grant to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrowers for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.
Arrangements reasonably satisfactory to the Administrative Agent shall have been made for the due filing of the Patent and Trademark Security Agreements in the United States Patent and Trademark Office and of the Copyright Assignments in the United States Copyright Office.
The Patent and Trademark Security Agreements dated as of the date hereof and executed and delivered by the Borrower and each Domestic Subsidiary who is a member of the Borrower Affiliated Group to the Administrative Agent for the ratable benefit of the Banks.