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 each Secured Party 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 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 8 contracts

Samples: Security Agreement (Converted Organics Inc.), Security Agreement (Ecoblu Products, Inc.), Security Agreement (Ecoblu Products, Inc.)

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Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to each Secured Party Administrative Agent, on behalf of itself and Lenders, 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 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 (Darling International Inc)

Grant of Security Interest in Patent Collateral. Each Grantor Grantors hereby grants grant to each Secured Party Agent, on behalf of itself and Lenders, a continuing first priority security interest in all of such Grantor’s Grantors' 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 including, without limitation, any claim by such Grantor Grantors 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 (Baldwin Piano & Organ Co /De/)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to each Secured Party Agent, for the benefit of the Lender Group, 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 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 each the Secured Party 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 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 (Workstream Inc)

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Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to each Secured Party Agent, for the benefit of the Lender Group, 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 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: Security Agreement (Hawaiian Holdings Inc)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to each Secured Party Agent, on behalf of itself and Lenders, 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 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 (Golfsmith International Holdings Inc)

Grant of Security Interest in Patent Collateral. Each Grantor hereby grants to each Secured Party the Collateral 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 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 (Vringo Inc)

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