Patent Security Agreement definition

Patent Security Agreement means each Patent Security Agreement executed and delivered by Grantors, or any of them, and Agent, in substantially the form of Exhibit B.

Patent Security Agreement has the meaning specified therefor in the Security Agreement.

Patent Security Agreement has the meaning specified therefor in the Guaranty and Security Agreement.

Examples of Patent Security Agreement in a sentence

• This Patent Security Agreement and any claims, controversy, dispute or cause of action (whether in contract or tort or otherwise) based upon, arising out of or relating to this Patent Security Agreement and the transactions contemplated hereby shall be governed by, and construed in accordance with, the law of the State of Delaware.

• This Patent Security Agreement may be executed in any number of counterparts, all of which shall constitute one and the same instrument, and any party here‐to may execute this Patent Security Agreement by signing and delivering one or more counterparts.

• If the Company shall obtain rights to any new Patents, the provisions of this Patent Security Agreement shall automatically apply thereto.

• The Security Interest granted pursuant to this Patent Security Agreement is granted in conjunction with the security interests granted to the Secured Parties pursuant to the Security Agreement.

• Notwithstanding the foregoing, no failure to so modify this Patent Security Agreement or amend Schedule I shall in any way affect, invalidate or detract from the Secured Parties’ continuing security interest in all Collateral (including the Patent Collateral), whether or not listed on Schedule I.

More Definitions of Patent Security Agreement

Patent Security Agreement means, if any, each Patent Security Agreement executed and delivered by Obligor to Collateral Agent, as the same may be amended, restated, modified or supplemented and in effect from time to time.

Patent Security Agreement means an agreement substantially in the form of Exhibit 5 hereto.

Patent Security Agreement means an agreement substantially in the form of Exhibit 4 hereto.

Patent Security Agreement means a patent security agreement in the form attached to a Security Agreement.

Patent Security Agreement means any Patent Security Agreement executed by a Loan Party owning Patents in favor of the Administrative Agent for the benefit of the Secured Parties, both on the Closing Date and thereafter.

Patent Security Agreement means the Patent Security Agreement substantially in the form of Exhibit III.

Patent Security Agreement means an agreement substantially in the form annexed hereto as Exhibit 7.