Common use of GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL Clause in Contracts

GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL. Each Grantor, as collateral security for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations on the terms set forth in the Loan Documents, hereby mortgages, pledges and hypothecates to the Administrative Agent, for the benefit of the Secured Parties, and grants to the Administrative Agent, for the benefit of the Secured Parties, a Lien on and security interest in, all of its right, title and interest in, to and under the following Collateral of such Grantor (the "Intellectual Property Collateral"):

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Inverness Medical Innovations Inc), Guaranty and Security Agreement (Inverness Medical Innovations Inc)

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GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL. Each Grantor, as collateral security for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations on the terms set forth in the Loan Documents, hereby mortgages, pledges and hypothecates to the Administrative Collateral Agent, for the benefit of the Secured Parties, and grants to the Administrative Collateral Agent, for the benefit of the Secured Parties, a Lien on and security interest in, all of its right, title and interest in, to and under the following Collateral of such Grantor (the "Intellectual Property Collateral"):

Appears in 1 contract

Samples: Guaranty and Security Agreement (Alere Inc.)

GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL. Each Grantor, as collateral security for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations on the terms set forth in the Loan Documents, hereby mortgages, pledges and hypothecates to the Administrative Agent, for the benefit of the Secured Parties, and grants to the Administrative Agent, for the benefit of the Secured Parties, a Lien on and security interest in, all of its right, title and interest in, to and under the following Collateral of such Grantor (the "Intellectual Property Collateral"):

Appears in 1 contract

Samples: Guaranty and Security Agreement (Alere Inc.)

GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL. Each Grantor, as collateral security for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations on the terms set forth in the Loan Documents, hereby mortgages, pledges and hypothecates to the Administrative Agent, for the benefit of the Secured Parties, Purchaser and grants to the Administrative Agent, for the benefit of the Secured PartiesPurchaser, a Lien lien on and security interest in, all of Grantor’s and its applicable subsidiaries’ right, title and interest in, to and under the following Collateral of Grantor and such Grantor subsidiaries (the "Intellectual Property Collateral"):

Appears in 1 contract

Samples: Intellectual Property Security Agreement (SaveDaily Inc)

GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL. Each Grantor, as collateral security for To secure the prompt and complete payment payment, performance and performance when due (whether at stated maturity, by acceleration or otherwise) observance of all of the Secured Obligations on the terms set forth in the Loan DocumentsObligations, Grantor hereby grants, assigns, conveys, mortgages, pledges pledges, hypothecates and hypothecates transfers to the Administrative Agent, for the benefit of the Secured Parties, and grants to the Administrative Agent, for the benefit of the Secured Parties, Lender a Lien on and security interest in, upon all of its right, title and interest in, to and under the following Collateral of such property, whether now owned by or owing to, or hereafter acquired by or arising in favor of, Grantor (including under any trade names, styles or divisions of Grantor), and regardless of where located (collectively, the "Intellectual Property Collateral"):

Appears in 1 contract

Samples: Patent, Trademark (X-Factor Communications Holdings, Inc.)

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GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL. Each GrantorIn order to secure the complete and due and punctual payment of all of the Obligations, as collateral security the Grantor hereby grants and conveys to the Agent for its benefit and for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations on the terms set forth in the Loan Documents, hereby mortgages, pledges and hypothecates to the Administrative Agent, for the ratable benefit of the Secured PartiesLenders as collateral security, and grants to the Administrative Agent, for the benefit a continuing security interest in all of the Secured Parties, a Lien on and security interest in, all of its Grantor's entire right, title and interest in, in and to intellectual property rights now owned or existing and under hereafter acquired or arising in the following Collateral assets, subject to the provisions set forth below in this Section 2 (all of such Grantor (which being hereinafter referred to as the "Intellectual Property Collateral"):

Appears in 1 contract

Samples: Intellectual Property Security Agreement (LDM Technologies Co)

GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL. Each (A) The Grantor, as collateral security for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations on the terms set forth in the Loan Documents, hereby mortgages, pledges pledges, assigns, grants and hypothecates to the Administrative Agent, for the benefit of the Secured PartiesParty, and grants to the Administrative Agent, for the benefit of the Secured Parties, Party a Lien on and security interest in, all of its right, title and interest in, to and under the following Collateral of such the Grantor whether now owned or hereafter acquired or arising and wherever located (the "Intellectual Property Collateral"):

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Skinny Nutritional Corp.)

GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL. Each Grantor, as collateral security for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations on the terms set forth in the Loan Documents, hereby mortgages, pledges and hypothecates to the Administrative Agent, for the benefit of the Secured Partiesitself and Lenders, and grants to the Administrative Agent, for the benefit of the Secured Partiesitself and Lenders, a Lien on and security interest in, all of its right, title and interest in, to and under the following Collateral of such Grantor (the "Intellectual Property Collateral"):

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Pacira Pharmaceuticals, Inc.)

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