Patent Collateral definition

Patent Collateral means all Patents, whether now owned or hereafter acquired by the Company that are associated with the Business.
Patent Collateral means all Patents, whether now owned or hereafter acquired by any Credit Party, including each Patent identified in Annex 5.
Patent Collateral means (a) all inventions and discoveries, whether patentable or not, all letters patent and applications for letters patent throughout the world, including without limitation those patents referred to in Item A of Schedule III hereto, and any patent applications in preparation for filing, (b) all reissues, divisions, continuations, continuations-in-part, extensions, renewals and reexaminations of any of the items described in clause (a), (c) all patent licenses, and other agreements providing any Grantor with the right to use any items of the type referred to in clauses (a) and (b) above, and (d) all proceeds of, and rights associated with, the foregoing (including licenses, royalties income, payments, claims, damages and proceeds of infringement suits), the right to xxx third parties for past, present or future infringements of any patent or patent application, and for breach or enforcement of any patent license.

Examples of Patent Collateral in a sentence

  • Each Grantor hereby acknowledges and affirms that the rights and remedies of the Administrative Agent with respect to the Patent Collateral are more fully set forth in the Collateral Agreement, the terms and provisions of which are hereby incorporated herein by reference as if fully set forth herein.

  • William Mann, Creditor Rights and Innovation: Evidence from Patent Collateral, 130J.

  • Each Grantor hereby acknowledges and affirms that the rights and remedies of the Administrative Agent with respect to the Patent Collateral are more fully set forth in the Security Agreement, the terms and provisions of which are hereby incorporated herein by reference as if fully set forth herein.

  • Plaintiff counters that it fulfilled the obligations under the security agreement and the Patent Collateral Assignment consequently terminated.

  • The Patent Collateral Assignment does state: “assignor hereby grants, assigns and conveys to Lender the entire right, title, and interest of Assignor in and to the Patents.” (Defs.’ Ex. B, Patent Collateral Assignment¶ 2.) However, the assignment is clearly part of a loan agreement.


More Definitions of Patent Collateral

Patent Collateral means, collectively, all Patents and all Patent Licenses to which any Pledgor is or hereafter becomes a party and all other General Intangibles embodying, incorporating, evidencing or otherwise relating or pertaining to any Patent or Patent License, in each case whether now owned or existing or hereafter acquired or arising.
Patent Collateral means with respect to any Grantor, all of such Grantors’ right, title and interest throughout the world in and to:
Patent Collateral means all Patents and Patent Licenses of the Debtors.
Patent Collateral means all Patents, whether now owned or hereafter acquired by Grantor.
Patent Collateral means, collectively, all Patents and all inbound Patent Licenses to which any Pledgor is or hereafter becomes a party and all other General Intangibles embodying, incorporating, evidencing or otherwise relating or pertaining to any Patent or Patent License, in each case whether now owned or existing or hereafter acquired or arising.
Patent Collateral has the meaning set forth in Section 2.1 herein.
Patent Collateral means all Patents, whether now owned or hereafter acquired by Debtor, and shall include, without limitation, those patents and applications, registrations and recordings described in Schedule 3 attached hereto.