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

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants to Collateral Agent, for the benefit of each of the Secured Parties, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (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; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants to the Collateral Agent, for the benefit of each of the Secured Parties, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (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; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants to Collateral Agent, for the benefit of each of the Secured Parties, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (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; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants grants, assigns, and pledges to Collateral Agent, for the benefit of each of the Secured PartiesLender, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (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; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants grants, assigns, and pledges to Collateral Agent, for the benefit of each of the Secured PartiesLender, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising but excluding any Excluded Assets (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, excluding any Patents that are protectable, registered or applied for solely under the laws of jurisdictions outside the United States; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants grants, assigns, and pledges to Collateral Agent, for the benefit of each of the Secured PartiesParty, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (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;; ​ ​ (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property Patent License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants to Collateral Agent, for the benefit of each of the Secured Parties, Party to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (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; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License. In each case, other than any of the foregoing constituting Excluded Property.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants grants, assigns, and pledges to Collateral Agent, for the benefit of each of the Secured Parties, Party to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (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; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants grants, assigns, and pledges to Collateral Agent, for the benefit of each of the Secured PartiesFoundation, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (collectively, the “Patent Collateral”): (a) all of its Patents patents (“Patents”) and Patent Intellectual Property Licenses all patent intellectual property licenses to which it is a party (“Intellectual Property Licenses”) including those referred to on Schedule I; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants grants, assigns, and pledges to the Collateral Agent, for the benefit of each of the Secured Parties, Parties to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (collectively, the “Patent Collateral”): (a) all of its Patents Patent and Patent Intellectual Property Licenses to which it is a party including those referred to on Schedule I; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, reexaminations or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property LicensePatent Licenses, including the right to receive damages, damages or the right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License. Notwithstanding the foregoing, in no event shall the Patent Collateral include any Excluded Property.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants grants, assigns, and pledges to Collateral Agent, for the benefit each member of the Lender Group and each of the Secured PartiesBank Product Providers, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (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; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License.

Grant of Security Interest in Patent Collateral. Each Grantor hereby unconditionally grants to the Collateral Agent, for the benefit of each of the Secured Parties, to secure the Secured Obligations, a continuing security interest (referred to in this Patent Security Agreement as the “Security Interest”) in all of such Grantor’s right, title and interest in and to the following, whether now owned or hereafter acquired or arising (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; (b) all divisionals, continuations, continuations-in-part, reissues, reexaminations, or extensions of the foregoing; and (c) all products and proceeds of the foregoing, including any claim by such Grantor against third parties for past, present or future infringement of any Patent or any Patent exclusively licensed under any Intellectual Property License, including the right to receive damages, or right to receive license fees, royalties, and other compensation under any Patent Intellectual Property License. Notwithstanding the foregoing, in no event shall the Patent Collateral include any Excluded Property.