Intellectual Property Agreements. Permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in the rights and interests of Borrower or any Subsidiary in any property included within the definition of the Intellectual Property acquired under such contracts.
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Intellectual Property Agreements. Permit the inclusion in any material contract to which it or a Subsidiary becomes a party of any provisions that could or might in any way prevent the creation of a security interest in the Borrower's rights and interests of Borrower or any Subsidiary in any property included within the definition of the Intellectual Property Collateral acquired under such contracts.
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Samples: Loan and Security Agreement (Ditech Communications Corp)
Intellectual Property Agreements. Permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in the favor of Agent and Lenders of Borrower’s rights and interests of Borrower or any Subsidiary in any property included within the definition of the Intellectual Property acquired under such contractsProperly Collateral.
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Intellectual Property Agreements. Permit the inclusion in any -------------------------------- material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in the Borrower's rights and interests of Borrower or any Subsidiary in any property included within the definition of the Intellectual Property Collateral acquired under such contracts, except to the extent that such provisions are necessary in Borrower's exercise of its reasonable business judgement.
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