GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL. Without limiting any other grant of any lien by any Grantor in any Collateral under the Securities Purchase Agreement or any other of the Transaction Documents (as that term is defined in the Securities Purchase Agreement), to secure the prompt payment and performance of all obligations to Secured Party, each Grantor hereby pledges and grants to Secured Party a continuing security interest in and lien upon all of such Grantor’s right, title and interest in, to and under Intellectual Property Collateral:
Appears in 2 contracts
Samples: Intellectual Property Security Agreement (Kona Gold Beverage, Inc.), Intellectual Property Security Agreement (Kona Gold Beverage, Inc.)
GRANT OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL. Without limiting any other grant of any lien by any Grantor in any Collateral under the Securities Purchase Agreement or any other of the Transaction Documents (as that term is defined in the Securities Purchase Agreement), to secure the prompt payment and performance of all obligations to Secured Party, each the Grantor hereby pledges and grants to Secured Party a continuing security interest in and lien upon all of such Grantor’s right, title and interest in, to and under Intellectual Property Collateral:
Appears in 2 contracts
Samples: Intellectual Property Security Agreement (Kraig Biocraft Laboratories, Inc), Intellectual Property Security Agreement (Kraig Biocraft Laboratories, Inc)
