Common use of Grant of Security Interest in Patent Collateral Clause in Contracts

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Agent, for the benefit of the Lender Group and the Bank Product Provider, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 5 contracts

Samples: Security Agreement (SAVVIS, Inc.), Security Agreement (Oasis Interval Ownership, LLC), Security Agreement (155 East Tropicana, LLC)

AutoNDA by SimpleDocs

Grant of Security Interest in Patent Collateral. Each The Grantor hereby grants to Agentthe Trustee, for the benefit of the Lender Group and the Bank Product ProviderNoteholders, a continuing first priority security interest in all of such the Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, any claim by such the Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 3 contracts

Samples: Security Agreement (Securus Technologies, Inc.), Security Agreement (Securus Technologies, Inc.), Patent Security Agreement (Securus Technologies, Inc.)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Agent, for the benefit of the Lender Group and the Bank Product ProviderHedge Agreement Providers, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 2 contracts

Samples: Patent Security Agreement (Securus Technologies, Inc.), Patent Security Agreement (Securus Technologies, Inc.)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to the Collateral Agent, for the benefit of the Lender Group and the Bank Product ProviderSecured Parties, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 2 contracts

Samples: Credit Agreement (Zayo Group LLC), Security Agreement (Zayo Group LLC)

Grant of Security Interest in Patent Collateral. Each Grantor The Borrower hereby grants to Agent, for the benefit of the Lender Group and the Bank Product Provider, each Secured Party a continuing first priority (subject to the Permitted Liens) security interest in all of such Grantorthe Borrower’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor the Borrower against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 2 contracts

Samples: Security Agreement (Perfect Moment Ltd.), Patent Security Agreement (Perfect Moment Ltd.)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Agent, for the benefit of the Lender Group and the Bank Product ProviderProviders, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 2 contracts

Samples: Security Agreement (Servicesource International LLC), Security Agreement (Servicesource International LLC)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Agent, for the benefit of the Lender Group and the Bank Product Provider, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 2 contracts

Samples: Security Agreement (Bookham, Inc.), Security Agreement (Ascendia Brands, Inc.)

Grant of Security Interest in Patent Collateral. Each The Grantor hereby grants to Agentthe Trustee, for the benefit of the Lender Group and the Bank Product ProviderNoteholders, a continuing first priority security interest in all of such the Grantor’s 's right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the "Patent Collateral"): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, any claim by such the Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 2 contracts

Samples: Security Agreement (Telequip Labs, Inc.), Patent Security Agreement (Telequip Labs, Inc.)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Administrative Agent, for the benefit of the Lender Group and the Bank Product ProviderGroup, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses with respect to Patents to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 1 contract

Samples: Pledge and Security Agreement (Oxford Industries Inc)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Collateral Agent, for the benefit of the Lender Group and the Bank Product ProviderAdministrative Agent, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 1 contract

Samples: Security Agreement (Ascendia Brands, Inc.)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Agentthe Secured Party, for the benefit of the Lender Group itself and the Bank Product ProviderBuyers, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 1 contract

Samples: Security Agreement (Valley Forge Composite Technologies, Inc.)

AutoNDA by SimpleDocs

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Collateral Agent, for the benefit of the Lender Group and the Bank Product ProviderHedging Providers, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 1 contract

Samples: Financing Agreement (Dice Holdings, Inc.)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Collateral Agent, for the benefit of the Lender Group and the Bank Product ProviderSecured Parties, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 1 contract

Samples: Security Agreement (American Fiber Systems, Inc.)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Administrative Agent, for the benefit of the Lender Group and the Bank Product ProviderGroup, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 1 contract

Samples: Pledge and Security Agreement (Oxford Industries Inc)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Collateral Agent, for the benefit of the Lender Group and the Bank Product ProviderSecured Parties, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses with respect to Patents to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 1 contract

Samples: Security Agreement (Oxford Industries Inc)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to the Agent, for the benefit of the Lender Group and the Bank Product ProviderSecured Parties, a continuing first priority security interest in all of such Grantor’s right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the “Patent Collateral”): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, including any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property License.

Appears in 1 contract

Samples: Security Agreement (Ants Software Inc)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Agent, for the benefit on behalf of the Lender Group itself, Canadian Agent and the Bank Product ProviderLenders, a continuing first priority security interest in all of such Grantor’s 's right, title and interest in, to and under the following, whether presently existing or hereafter created or acquired (collectively, the "Patent Collateral"): (a) all of its Patents and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I hereto; (b) all reissues, continuations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including, without limitation, any claim by such Grantor against third parties for past, present or future infringement or dilution of any Patent or any Patent licensed under any Intellectual Property Patent License.

Appears in 1 contract

Samples: Patent Security Agreement (Blount International Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!