Common use of AUTHORIZATION TO SUPPLEMENT Clause in Contracts

AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patentable invention or become entitled to the benefit of any patent application or patent for any continuations, divisionals, continuations-in-part, reissues, or reexaminations of the patents or patent applications listed on Schedule I, the provisions of this Patent Security Agreement shall automatically apply thereto. The Grantors shall give prompt notice in writing to Collateral Agent with respect to any such new patent rights as required by the Security Agreement. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize the Collateral Agent to unilaterally modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of Grantors. 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 Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

Appears in 4 contracts

Samples: Credit Agreement (Alliance Resource Partners Lp), Security Agreement (Alliance Resource Partners Lp), Security Agreement (Alliance Holdings GP, L.P.)

AutoNDA by SimpleDocs

AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patentable invention patent application or issued patent or become entitled to the benefit of any patent application or patent for any continuationsdivisional, divisionalscontinuation, continuationscontinuation-in-part, reissuesreissue, or reexaminations reexamination of the patents any existing patent or patent applications listed on Schedule Iapplication, the provisions of this Patent Security Agreement shall automatically apply thereto. The Grantors shall give prompt ten (10) Business Days’ notice in writing to Collateral Agent with respect to after acquisition of any such new patent rights as required by the Security Agreementrights. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize the Collateral Agent unilaterally to unilaterally modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of Grantorseach Grantor. 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 Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

Appears in 3 contracts

Samples: Security Agreement (Arc Document Solutions, Inc.), Patent Security Agreement (Arc Document Solutions, Inc.), Patent Security Agreement (American Reprographics CO)

AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patentable invention patent application or issued patent or become entitled to the benefit of any patent application or patent for any continuationsdivisional, divisionalscontinuation, continuationscontinuation-in-part, reissuesreissue, or reexaminations reexamination of the patents any existing patent or patent applications listed on Schedule Iapplication, the provisions of this Patent Security Agreement shall automatically apply thereto. The Grantors Each Grantor shall give prompt notice in writing to Collateral Agent with respect to any such new patent rights as required by the Security Agreementrights. Without limiting the Grantors’ obligations under this Sectionthe Note Documents, Grantors each Grantor hereby authorize the authorizes Collateral Agent to unilaterally modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of Grantorseach Grantor. 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 Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

Appears in 3 contracts

Samples: Security and Pledge Agreement (Horizon Lines, Inc.), Security and Pledge Agreement (Horizon Lines, Inc.), Security and Pledge Agreement (Horizon Lines, Inc.)

AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patentable invention patent application or issued patent or become entitled to the benefit of any patent application or patent for any continuationsdivisional, divisionalscontinuation, continuationscontinuation-in-part, reissuesreissue, or reexaminations reexamination of the patents any existing patent or patent applications listed on Schedule Iapplication, the provisions of this Patent Security Agreement shall automatically apply thereto. The Grantors Each Grantor shall give prompt notice notify Agent of applications filed for the registration of any Patents with the United States Patent Office in writing to Collateral Agent accordance with respect to any such new patent rights as required by Section 5.7(g) of the Guaranty and Security Agreement. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize the Collateral Agent unilaterally to unilaterally modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of Grantorseach Grantor. 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 Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Endologix Inc /De/), Patent Security Agreement (Endologix Inc /De/)

AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patentable invention patent application or issued patent or become entitled to the benefit of any patent application or patent for any continuationsdivisional, divisionalscontinuation, continuationscontinuation-in-part, reissuesreissue, or reexaminations reexamination of the patents any existing patent or patent applications listed on Schedule Iapplication, the provisions of this Patent Security Agreement shall automatically apply thereto. The Grantors shall give prompt notice in writing to the Collateral Agent with respect to any such new patent rights as required by the Security Agreementrights. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize the Collateral Agent unilaterally to unilaterally modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of Grantorseach Grantor. 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 Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

Appears in 2 contracts

Samples: Security Agreement (Salem Media Group, Inc. /De/), Patent Security Agreement (Salem Media Group, Inc. /De/)

AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patentable patenable invention or become entitled to the benefit of any patent application or patent for any continuations, divisionals, continuations-in-part, reissues, or reexaminations of the patents or patent applications listed on Schedule I, the provisions of this Patent Security Agreement shall automatically apply thereto. The Grantors shall give prompt notice in writing to Collateral Agent with respect to any such new patent rights as required by the Security Agreement. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize the Collateral Agent unilaterally to unilaterally modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of GrantorsGrantors which become part of the Collateral under 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 Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

Appears in 1 contract

Samples: Security Agreement (Quest Software Inc)

AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patentable invention patent application or issued patent or become entitled to the benefit of any patent application or patent for any continuationsdivisional, divisionalscontinuation, continuationscontinuation-in-part, reissuesreissue, or reexaminations reexamination of the patents any existing patent or patent applications listed on Schedule Iapplication, the provisions of this Patent Security Agreement shall automatically apply thereto. The Grantors shall give prompt ten (10) Business Days’ notice in writing to Collateral Agent with respect to after acquisition of any such new patent rights as required by the Security Agreementrights. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize the Collateral Agent unilaterally to unilaterally modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of Grantorseach Grantor. 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 Collateral Agent’s continuing security interest in all Patent Collateral, whether or not listed on Schedule I.

Appears in 1 contract

Samples: Patent Security Agreement (American Reprographics CO)

AutoNDA by SimpleDocs

AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patentable invention or become entitled to the benefit of any patent application or patent for any continuations, divisionals, continuations-in-part, reissues, or reexaminations of the patents or patent applications listed on Schedule I, the provisions of this Patent Security Agreement shall automatically apply thereto. The Grantors shall give prompt notice in writing to Collateral Security Agent with respect to any such new patent rights as required by the Security Agreement. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize the Collateral Security Agent to unilaterally modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of Grantors. 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 Collateral Security Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

Appears in 1 contract

Samples: Intercreditor Agreement (AdvancePierre Foods Holdings, Inc.)

AUTHORIZATION TO SUPPLEMENT. If any Grantor the Pledgor shall obtain rights to any new patentable invention patent application or issued patent or become entitled to the benefit of any patent application or patent for any continuationsdivisional, divisionalscontinuation, continuationscontinuation-in-part, reissuesreissue, or reexaminations reexamination of the patents any existing patent or patent applications listed on Schedule Iapplication, the provisions of this Patent Security Agreement shall automatically apply thereto. The Grantors Pledgor shall give prompt notice in writing to the Collateral Agent with respect to any such new patent rights as required by the Security Agreementrights. Without limiting Grantors’ the Pledgor’s obligations under this Section, Grantors the Pledgor hereby authorize authorizes the Collateral Agent unilaterally to unilaterally modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of Grantorsthe Pledgor. 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 Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

Appears in 1 contract

Samples: Patent Security Agreement (Stanadyne Holdings, Inc.)

AUTHORIZATION TO SUPPLEMENT. If any Grantor shall obtain rights to any new patentable invention patent application or issued patent or become entitled to the benefit of any patent application or patent for any continuationsdivisional, divisionalscontinuation, continuationscontinuation-in-part, reissues, reissue or reexaminations reexamination of the patents any existing patent or patent applications listed on Schedule Iapplication, the provisions of this Patent Security Agreement shall automatically apply thereto. The Grantors shall give prompt notice in writing to the Collateral Agent with respect to any such new patent rights as required by the Security Agreementrights. Without limiting Grantors’ obligations under this Section, Grantors hereby authorize the Collateral Agent unilaterally to unilaterally modify this Patent Security Agreement by amending Schedule I to include any such new patent rights of Grantorseach Grantor. 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 Collateral Agent’s continuing security interest in all Collateral, whether or not listed on Schedule I.

Appears in 1 contract

Samples: Pledge and Security Agreement (AvidXchange Holdings, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.