Common use of Acquisition of Intellectual Property Clause in Contracts

Acquisition of Intellectual Property. Within 45 days after the end of each calendar quarter, such Grantor will notify the Administrative Agent of any acquisition by such Grantor of (i) any material registration of Copyright, Patent or Trademark or (ii) any exclusive rights under a material Copyright License, Patent License or Trademark License, and shall take such actions as may be reasonably requested by the Administrative Agent (but only to the extent such actions are within such Grantor's control) to perfect the security interest granted to the Administrative Agent and the other Secured Parties therein (including, without limitation, (x) the execution and delivery of a Patent and Trademark Security Agreement (or amendments to any such agreement previously executed or delivered by such Grantor) or other comparable agreements with respect to Copyrights or Copyright Licenses and (y) the making of appropriate filings (I) of financing statements under the Uniform Commercial Code of any applicable jurisdiction and/or (II) in the United States Patent and Trademark Office, or with respect to Copyrights and Copyright Licenses, other applicable office).

Appears in 5 contracts

Samples: Guarantee and Collateral Agreement (Telex Communications Inc), Credit Agreement (Telex Communications Inc), And Collateral Agreement (Ev International Inc)

AutoNDA by SimpleDocs

Acquisition of Intellectual Property. Within 45 days after the end of each calendar quarter, such Grantor will notify the Administrative Agent of any acquisition by such Grantor of (i) any material registration of Copyright, Patent Copyright or Trademark or (ii) any exclusive rights under a material Copyright License, Patent License or Trademark License, and shall take such actions as may be reasonably requested by the Administrative Agent (but only to the extent such actions are within such Grantor's control) to perfect the security interest granted to the Administrative Agent and the other Secured Parties therein (including, without limitation, (x) the execution and delivery of a Patent and Trademark Security Agreement (or amendments to any such agreement previously executed or delivered by such Grantor) or other comparable agreements with respect to Copyrights or Copyright Licenses and (y) the making of appropriate filings (I) of financing statements under the Uniform Commercial Code of any applicable jurisdiction in the United States and/or (II) in the United States Patent and Trademark Office, or with respect to Copyrights and Copyright Licenses, other applicable officeoffice in the United States).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Global Decisions Group LLC)

Acquisition of Intellectual Property. Within 45 days after the end of each calendar quarter, such Grantor will notify the Administrative Agent Co-Agents of any acquisition by such Grantor of (i) any material registration of Copyright, Patent or Trademark or (ii) any exclusive rights under a material Copyright copyright License, Patent License or Trademark License, and shall take such actions as may be reasonably requested by the Administrative Agent Co-Agents (but only to the extent such actions are within such Grantor's control) to perfect the security interest granted to the Administrative Agent Co-Agents and the other Secured Parties therein (including, without limitation, (x) the execution and delivery of a Patent and Trademark Security Agreement (or amendments to any such agreement previously executed or delivered by such or Copyright Licenses Grantor) or other comparable agreements with respect to Copyrights or Copyright Licenses and (y) the making of appropriate filings (I) of financing statements under the Uniform Commercial commercial Code of any applicable jurisdiction and/or (II) in the United States Patent patent and Trademark Office, or with respect to Copyrights and Copyright Licenses, other applicable office).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Telex Communications Inc)

AutoNDA by SimpleDocs

Acquisition of Intellectual Property. Within 45 days after the end of each calendar quarter, such Grantor will notify the Administrative Agent Co-Agents of any acquisition by such Grantor of (i) any material registration of Copyright, Patent or Trademark or (ii) any exclusive rights under a material Copyright copyright License, Patent License or Trademark License, and shall take such actions as may be reasonably requested by the Administrative Agent Co-Agents (but only to the extent such actions are within such Grantor's control) to perfect the security interest granted to the Administrative Agent Co-Agents and the other Secured Parties therein (including, without limitation, (x) the execution and delivery of a Patent and Trademark Security Agreement (or amendments to any such agreement previously executed or delivered by such Grantor) or other comparable agreements with respect to Copyrights or Copyright Licenses and (y) the making of appropriate filings (I) of financing statements under the Uniform Commercial commercial Code of any applicable jurisdiction and/or (II) in the United States Patent and Trademark Office, or with respect to Copyrights and Copyright Licenses, other applicable office).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Telex Communications Inc)

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