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 Collateral Agent, for the benefit of the Holders, Trustee and Collateral Agent, a continuing first priority security interest (subject to Permitted Liens) 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”):

Appears in 2 contracts

Samples: Security Agreement (Altra Industrial Motion, Inc.), Patent Security Agreement (Altra Industrial Motion, Inc.)

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Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to the Collateral Agent, for the benefit of the Holders, Trustee and Collateral AgentSecured Parties, a continuing first priority security interest (subject to Permitted Liens) 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”):

Appears in 2 contracts

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

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Collateral Agent, for the benefit of the Holders, Trustee and Collateral AgentSecured Parties, a continuing first third priority security interest (subject to Permitted Collateral Liens) 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”):

Appears in 2 contracts

Samples: Security Agreement (Bumble Bee Capital Corp.), Patent Security Agreement (Bumble Bee Capital Corp.)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants unconditionally grants, assigns, and pledges to Collateral the Third Lien Agent, for the benefit of each Lender, to secure the Holders, Trustee and Collateral AgentObligations, a continuing first priority security interest (subject referred to Permitted Liensin this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in, in and to and under the following, whether presently existing now owned or hereafter created acquired or acquired arising (excluding any Excluded Assets, collectively, the “Patent Collateral”):

Appears in 1 contract

Samples: Patent Security Agreement (School Specialty Inc)

Grant of Security Interest in Patent Collateral. Each The Grantor hereby grants to the Collateral AgentAgent (and its successors and assigns), for the ratable benefit of the Holders, Trustee and Collateral AgentSecured Parties, a continuing first priority security interest (subject to Permitted Liens) 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”"PATENT COLLATERAL"):

Appears in 1 contract

Samples: Patent Security Agreement (Network Communications, Inc.)

Grant of Security Interest in Patent Collateral. Each The Grantor hereby grants to the Collateral AgentAgent (and its successors and assigns), for the ratable benefit of the Holders, Trustee and Collateral AgentSecured Parties, a continuing first priority security interest (subject to Permitted Liens) 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”):

Appears in 1 contract

Samples: Patent Security Agreement (Network Communications, Inc.)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Collateral Agent, for the benefit of the Trustee, the Collateral Agent and the Holders, Trustee and Collateral Agent, a continuing first priority security interest (subject to Permitted Liens) 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"):

Appears in 1 contract

Samples: Patent Security Agreement (TB Wood's INC)

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Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to the Collateral Agent, for the benefit of itself, the Holders, Trustee and Collateral Agentthe Noteholders, a continuing first priority security interest (subject in priority only to Permitted Liensthe first priority perfected security interests in favor of the Administrative Agent in accordance with the provisions of the Intercreditor Agreement) 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”):

Appears in 1 contract

Samples: Security Agreement (Portrait Corp of America, Inc.)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Collateral Agent, for the benefit of the Holders, Trustee and Collateral AgentSecured Parties, a continuing first priority security interest (subject to Permitted Liens) 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”):

Appears in 1 contract

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

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to Collateral Agent, for the benefit of the Holders, Trustee and Collateral AgentSecured Parties, a continuing first priority security interest (subject to Permitted Liens) 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”):

Appears in 1 contract

Samples: Security Agreement (Oxford Industries Inc)

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