Collateral Royalties; Term. The Assignor hereby agrees that any use -------------------------- by the Agent, on behalf of itself and the Secured Creditors, during the continuance of an Event of Default of any Copyrights and Licenses as described above shall be worldwide, to the extent possessed by the Assignor, and without any liability for royalties or other related charges from the Agent or any Secured Creditor to the Assignor. The term of the assignments and grants of security interests granted herein shall extend until the expiration of each of the respective Copyrights and Licenses assigned or pledged hereunder, or until the Secured Obligations have been indefeasibly paid in full, no commitment by the Agent or any Secured Creditor exists that could give rise to any Secured Obligations and the Secured Debt Agreements and this Assignment have been terminated.
Appears in 5 contracts
Samples: Impac Group Inc /De/, Impac Group Inc /De/, Impac Group Inc /De/
Collateral Royalties; Term. The Assignor hereby agrees that any use -------------------------- by the Agent, on behalf of itself and the Secured Creditors, during the continuance of an Event of Default of any Copyrights Patents and Licenses as described above shall be worldwide, to the extent possessed by the Assignor, and without any liability for royalties or other related charges from the Agent or any Secured Creditor to the Assignor. The term of the assignments and grants of security interests granted herein shall extend until the expiration of each of the respective Copyrights Patents and Licenses assigned or pledged hereunder, or until the Secured Obligations have been indefeasibly paid in full, no commitment by the Agent or any Secured Creditor exists that could give rise to any Secured Obligations and the Secured Debt Agreements and this Assignment have been terminated.
Appears in 5 contracts
Samples: Patent Assignment (Impac Group Inc /De/), Patent Assignment (Impac Group Inc /De/), Patent Assignment (Impac Group Inc /De/)
Collateral Royalties; Term. The Assignor hereby agrees that any use -------------------------- by the Agent, on behalf of itself and the Secured Creditors, during the continuance of an Event of Default of any Copyrights Trademarks and Licenses as described above shall be worldwide, to the extent possessed by the Assignor, and without any liability for royalties or other related charges from the Agent or any Secured Creditor to the Assignor. The term of the assignments and grants of security interests granted herein shall extend until the expiration of each of the respective Copyrights Trademarks and Licenses assigned or pledged hereunder, or until the Secured Obligations have been indefeasibly paid in full, no commitment by the Agent or any Secured Creditor exists that could give rise to any Secured Obligations and the Secured Debt Agreements and this Assignment have been terminated.
Appears in 5 contracts
Samples: Impac Group Inc /De/, Impac Group Inc /De/, Impac Group Inc /De/