Common use of RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT Clause in Contracts

RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Intellectual Property Security Agreement dated as of August 11, 2003, between Borrower and Bank, as amended by a certain First Amendment to Intellectual Property Security Agreement dated as of August 23, 2004, between the Borrower and Bank (as amended, the “Intellectual Property Security Agreement”) and acknowledges, confirms and agrees that said Intellectual Property Security Agreement contains an accurate and complete listing of all Intellectual Property Collateral as defined in said Intellectual Property Security Agreement, and shall remain in full force and effect. Notwithstanding the terms and conditions of the Intellectual Property Security Agreement, the Borrower shall not register any Copyrights or Mask Works in the United States Copyright Office unless it: (i) has given at least five (5) days’ prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights or Mask Works. In addition, the Borrower shall provide written notice to Bank, on a quarterly basis, regarding any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service xxxx.

Appears in 1 contract

Samples: Second Loan Modification Agreement (American Science & Engineering Inc)

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RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Intellectual Property Security Agreement dated as of August 11June 30, 2003, 2008 between Borrower and Bank, as amended by a certain First Amendment to Intellectual Property Security Agreement dated as of August 23, 2004, between the Borrower and Bank (as amended, the “Intellectual Property Security Agreement”) and acknowledges, confirms and agrees that said Intellectual Property Security Agreement contains an accurate and complete listing of all Intellectual Property Collateral as defined in said Intellectual Property Security Agreement, and shall remain in full force and effect. Notwithstanding the terms and conditions of the Intellectual Property Security Agreement, the Borrower shall not register any Copyrights or Mask Works in the United States Copyright Office unless it: (i) has given at least five fifteen (515) days’ prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights or Mask Works. In addition, the Borrower shall provide written notice to Bank, on a quarterly basis, regarding Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service xxxxxxxx within thirty (30) days of any such filing.

Appears in 1 contract

Samples: First Loan Modification Agreement (Microfluidics International Corp)

RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Intellectual Property Security Agreement dated as of August 11the IP Agreements, 2003, between Borrower and Bank, as amended by a certain First Amendment to Intellectual Property Security Agreement dated as of August 23, 2004, between the Borrower and Bank (as amended, the “Intellectual Property Security Agreement”) and acknowledges, confirms and agrees that said Intellectual Property Security Agreement IP Agreements contains an accurate and complete listing of all Intellectual Property Collateral as defined in said Intellectual Property Security each IP Agreement, and shall remain in full force and effect. Notwithstanding the terms and conditions of the Intellectual Property Security AgreementIP Agreements, the Borrower shall not register any Copyrights or Mask Works in the United States Copyright Office unless it: (i) has given at least five fifteen (515) days’ prior prior-written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights or Mask Works. In addition, the Borrower shall provide written notice to Bank, on a quarterly basis, regarding Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service xxxxxxxx within thirty (30) days of any such filing.

Appears in 1 contract

Samples: First Loan Modification Agreement (NMT Medical Inc)

RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Intellectual Property Security Agreement dated as of August 11, 2003, between Borrower and Bank, as amended by a certain First Amendment to Intellectual Property Security Agreement dated as of August 23, 2004, between the Borrower and Bank (as amended, the “Intellectual Property IP Security Agreement”) , and acknowledges, confirms and agrees that said Intellectual Property the IP Security Agreement contains an accurate and complete listing of all Intellectual Property Collateral as defined in said Intellectual Property Security Agreement, and shall remain in full force and effecttherein. Notwithstanding the terms and conditions of the Intellectual Property Security Agreement, the Borrower shall not register any Copyrights or Mask Works in the United States Copyright Office unless it: (i) has given at least five fifteen (515) days' prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights or Mask Works. In addition, the Borrower shall provide written notice to Bank, on a quarterly basis, regarding Bank of any application filed by Borrower in the United States Patent and Trademark Office for a patent or to register a trademark or service xxxxmark within 30 days of any such filing.

Appears in 1 contract

Samples: Second Loan Modification Agreement (Navisite Inc)

RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Intellectual Property Security Agreement dated as of August 11September 30, 20032004, between Borrower and Bank, as amended by a certain First Amendment to Intellectual Property Security Agreement dated as of August 23, 2004, between the Borrower and Bank (as amended, the “Intellectual Property Security Agreement”) and acknowledges, confirms and agrees that said Intellectual Property Security Agreement contains an accurate and complete listing of all Intellectual Property Collateral as defined in said Intellectual Property Security Agreement, and shall remain in full force and effect. Notwithstanding the terms and conditions of the Intellectual Property Security Agreement, the Borrower shall not register any Copyrights or Mask Works in the United States Copyright Office unless it: (i) has given at least five fifteen (515) days’ prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights or Mask Works. In addition, the Borrower shall provide written notice to Bank, on a quarterly basis, regarding Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service xxxxmxxx within 30 days of any such filing.

Appears in 1 contract

Samples: First Loan Modification Agreement (Aprimo, INC)

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RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Intellectual Property Security Agreement dated as of August 11January 24, 20032006, between Borrower and Bank, as amended by a certain First Amendment to Intellectual Property Security Agreement dated as of August 23, 2004, between the Borrower and Bank (as amended, the “Intellectual Property Security Agreement”) and acknowledges, confirms and agrees that said Intellectual Property Security Agreement contains an accurate and complete listing of all Intellectual Property Collateral as defined in said Intellectual Property Security Agreement, and as updated by SCHEDULE 1 attached hereto shall remain in full force and effect. Notwithstanding the terms and conditions of the Intellectual Property Security Agreement, the Borrower shall not register any Copyrights or Mask Works in the United States Copyright Office unless it: (i) has given at least five fifteen (515) days' prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights or Mask Works. In addition, the Borrower shall provide written notice to Bank, on a quarterly basis, regarding Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service xxxxxxxx within 30 days of any such filing.

Appears in 1 contract

Samples: Loan Modification Agreement (Athenahealth Inc)

RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Intellectual Property Security Agreement dated as of August 11, 2003, between Borrower and Bank, as amended by a certain First Amendment to Intellectual Property Security Agreement dated as of August 23, 2004, between the Borrower and Bank (as amended, the “Intellectual Property IP Security Agreement”) , and acknowledges, confirms and agrees that said Intellectual Property the IP Security Agreement contains an accurate and complete listing of all Intellectual Property Collateral as defined in said Intellectual Property Security Agreement, and shall remain in full force and effecttherein. Notwithstanding the terms and conditions of the Intellectual Property Security Agreement, the Borrower shall not register any Copyrights or Mask Works in the United States Copyright Office unless it: (i) has given at least five fifteen (515) days' prior written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s 's security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights or Mask Works. In addition, the Borrower shall provide written notice to Bank, on a quarterly basis, regarding Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service xxxxxxxx within 30 days of any such filing.

Appears in 1 contract

Samples: First Loan Modification Agreement (Navisite Inc)

RATIFICATION OF INTELLECTUAL PROPERTY SECURITY AGREEMENT. Borrower hereby ratifies, confirms and reaffirms, all and singular, the terms and conditions of a certain Intellectual Property Security Agreement dated as of August 11September 10, 2003, 2008 between Borrower Solutions and Bank, as amended by a certain First Amendment to Intellectual Property Security Agreement dated as of August 23, 2004, between the Borrower and Bank (as amended, the “Intellectual Property Security Agreement”) and acknowledges, confirms and agrees that said Intellectual Property Security Agreement contains an accurate and complete listing of all Intellectual Property Collateral as defined in said Intellectual Property Security Agreement, and shall remain in full force and effect. Notwithstanding the terms and conditions of the Intellectual Property Security Agreement, the Borrower shall not register any Copyrights or Mask Works in the United States Copyright Office unless it: (i) has given at least five fifteen (515) days’ prior prior-written notice to Bank of its intent to register such Copyrights or Mask Works and has provided Bank with a copy of the application it intends to file with the United States Copyright Office (excluding exhibits thereto); (ii) executes a security agreement or such other documents as Bank may reasonably request in order to maintain the perfection and priority of Bank’s security interest in the Copyrights proposed to be registered with the United States Copyright Office; and (iii) records such security documents with the United States Copyright Office contemporaneously with filing the Copyright application(s) with the United States Copyright Office. Borrower shall promptly provide to Bank a copy of the Copyright application(s) filed with the United States Copyright Office, together with evidence of the recording of the security documents necessary for Bank to maintain the perfection and priority of its security interest in such Copyrights or Mask Works. In addition, the Borrower shall provide written notice to Bank, on a quarterly basis, regarding Bank of any application filed by Borrower in the United States Patent Trademark Office for a patent or to register a trademark or service xxxxxxxx within thirty (30) days of any such filing.

Appears in 1 contract

Samples: First Loan Modification Agreement (Medidata Solutions, Inc.)

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