Common use of After-Acquired Intellectual Property Clause in Contracts

After-Acquired Intellectual Property. If Debtor shall (i) obtain any rights to any new invention (whether or not patentable), know-how, trade secret, design, industrial design, process, procedure, formula, diagnostic test, service xxxx, trademark, trademark registration, trade name, copyright or license or (ii) become entitled to the benefit of any patent, industrial design, service xxxx or trademark application, trademark, trademark registration, license renewal, copyright renewal or extension, or patent for any reissue, division, continuation, renewal extension, or continuation-in-part of any patent or any improvement on any patent, the provisions of this Debenture shall automatically apply thereto and any item enumerated in clause (i) or (ii) of this sentence shall automatically constitute Mortgaged Property and shall be subject to the assignment, Lien and security interest created hereby without further action by any party. Debtor promptly shall (x) give to Holder written notice of its acquisition of or entitlement to any and all issued, registered or applied for Patents, Trademarks, Copyrights, Industrial Designs and Licenses and (y) confirm the creation and attachment of the Lien and security interest created hereby to any thereof by execution of any instrument in form acceptable to Holder.

After-Acquired Intellectual Property. If Debtor any Grantor ------------------------------------ shall (i) obtain any rights to any new invention (whether or not patentable), know-how, trade secret, design, industrial design, process, procedure, formula, diagnostic test, service xxxx, trademark, trademark registration, trade name, copyright or license or (ii) become entitled to the benefit of any patent, industrial design, service xxxx or trademark application, trademark, trademark registration, license renewal, copyright renewal or extension, or patent for any reissue, division, continuation, renewal extension, or continuation-in-part of any patent or any improvement on any patent, the provisions of this Debenture Agreement shall automatically apply thereto and any item enumerated in clause (i) or (ii) of this sentence shall automatically constitute Mortgaged Property Collateral and shall be subject to the assignment, Lien lien and security interest created hereby without further action by any party. Debtor Each Grantor promptly shall (x) give to Holder the Trustee written notice of its acquisition of or entitlement to any of the rights set forth in clauses (i) and all issued, registered or applied for Patents, Trademarks, Copyrights, Industrial Designs and Licenses (ii) of the immediately preceding sentence and (y) confirm the creation and attachment of the Lien lien and security interest created hereby to any thereof of such rights by execution of an appropriate instrument delivered to the Trustee, including an amendment to Exhibits A, B and/or C annexed hereto to include any instrument in form acceptable to Holder---------------------- such rights.

After-Acquired Intellectual Property. If Debtor Grantor shall (ia) obtain any ownership rights to any new invention (whether or not patentable), know-how, trade secret, design, industrial design, process, procedure, formula, diagnostic test, service xxxx, trademark, trademark registration, trade name, copyright or license license, or (iib) become entitled to the benefit of any patent, industrial design, service xxxx or trademark application, trademark, trademark registration, license renewal, copyright renewal or extension, or patent for any reissue, division, continuation, renewal extension, or continuation-in-part of any patent or any improvement on any patent, excluding as to (a) and (b) any right, interest or benefit received by Grantor which by the terms of any agreement exclusively conferring such right, interest or benefit prohibits the granting by Grantor of a security interest therein, the provisions of this Debenture Agreement shall automatically apply thereto and any item enumerated in clause (ia) or (iib) of this sentence shall automatically constitute Mortgaged Property Collateral and shall be subject to the assignment, Lien lien and security interest created hereby without further action by any party. Debtor Grantor promptly shall (xi) give to Holder the Trustee written notice of its acquisition of or entitlement to any and all issued, registered of the rights subject to federal registration set forth in clauses (a) or applied for Patents, Trademarks, Copyrights, Industrial Designs and Licenses (b) of the immediately preceding sentence and (yii) confirm the creation and attachment of the Lien lien and security interest created hereby to any thereof of such rights by execution of an appropriate instrument delivered to the Trustee and/or to make such recordings and filings as may be necessary or appropriate or as the Trustee may reasonably request to evidence, confirm, perfect and/or maintain the perfection of such security interest, including without limitation an amendment to Exhibits A, B, C and D (as applicable) to include any instrument in form acceptable to Holdersuch rights and appropriate filings with the applicable federal office.

After-Acquired Intellectual Property. If Debtor Grantor shall (ia) obtain any ownership rights to any new invention (whether or not patentable), know-how, trade secret, design, industrial design, process, procedure, formula, diagnostic test, service xxxxmark, trademark, trademark registration, trade name, copyright or license xx license, or (iib) become entitled to the benefit of any patent, industrial design, service xxxx mark or trademark application, trademark, trademark registrationregistratxxx, license renewal, copyright renewal or extension, or patent for any reissue, division, continuation, renewal extension, or continuation-in-part of any patent or any improvement on any patent, excluding as to (a) and (b) any right, interest or benefit received by Grantor which by the terms of any agreement exclusively conferring such right, interest or benefit prohibits the granting by Grantor of a security interest therein, the provisions of this Debenture Agreement shall automatically apply thereto and any item enumerated in clause (ia) or (iib) of this sentence shall automatically constitute Mortgaged Property Collateral and shall be subject to the assignment, Lien lien and security interest created hereby without further action by any party. Debtor Grantor promptly shall (xi) give to Holder the Trustee written notice of its acquisition of or entitlement to any and all issued, registered of the rights subject to federal registration set forth in clauses (a) or applied for Patents, Trademarks, Copyrights, Industrial Designs and Licenses (b) of the immediately preceding sentence and (yii) confirm the creation and attachment of the Lien lien and security interest created hereby to any thereof of such rights by execution of an appropriate instrument delivered to the Trustee and/or to make such recordings and filings as may be necessary or appropriate or as the Trustee may reasonably request to evidence, confirm, perfect and/or maintain the perfection of such security interest, including without limitation, an amendment to Exhibits C, D, E and F (as applicable) to include any instrument in form acceptable to Holdersuch rights and appropriate filings with the applicable federal office.