Common use of Grant of Security Interest in Patents Clause in Contracts

Grant of Security Interest in Patents. Each Grantor hereby assigns and transfers to the Collateral Agents, and hereby grants to the Collateral Agents, an equal and ratable security interest and continuing lien for the ratable benefit of the Secured Parties on all of such Grantor’s right, title and interest in, to and under the Patents and Patent Licenses, including the Patents and Patent Licenses listed in Schedule I, in each case whether now owned or existing or hereafter acquired or arising (collectively, the “Patent Collateral”).

Appears in 1 contract

Samples: Subordinated Credit Agreement (Virgin Mobile USA, Inc.)

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Grant of Security Interest in Patents. Each The Grantor hereby assigns and transfers to the Collateral Agents, and hereby grants to the Collateral Agents, an equal and ratable Bank a security interest and continuing lien for the ratable benefit of the Secured Parties on in all of such Grantor’s its right, title and interest in, to and under the Patents and Patent LicensesPatents, including the Patents and Patent Licenses listed in Schedule IA, in each case whether now owned or existing or hereafter acquired or arising (collectively, the “Patent Collateral”).

Appears in 1 contract

Samples: Patent Security Agreement (Cinedigm Corp.)

Grant of Security Interest in Patents. Each Grantor hereby assigns and transfers to the Collateral AgentsAgent, and hereby grants to the Collateral Agents, an equal and ratable security interest and continuing lien Agent for the ratable benefit of the Secured Parties Parties, a security interest and continuing lien on all of such Grantor’s right, title and interest in, to and under the Patents and Patent Licenses, including the Patents and Patent Licenses listed in Schedule I, in each case whether now owned or existing or hereafter acquired or arising (collectively, the “Patent Collateral”).

Appears in 1 contract

Samples: Credit Agreement (Virgin Mobile USA, Inc.)

Grant of Security Interest in Patents. Each Grantor The Grantors hereby assigns and transfers grant to the Collateral Agents, and hereby grants to the Collateral Agents, an equal and ratable Agent a security interest and continuing lien for the ratable benefit of the Secured Parties on in all of such Grantor’s their right, title and interest in, to and under the Patents and Patent LicensesPatents, including the Patents and Patent Licenses listed in Schedule IA, in each case whether now owned or existing or hereafter acquired or arising (collectively, the “Patent Collateral”).

Appears in 1 contract

Samples: Patent Security Agreement (Altra Holdings, Inc.)

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Grant of Security Interest in Patents. Each Grantor The Grantors hereby assigns and transfers grant to the Collateral Agents, and hereby grants to the Collateral Agents, an equal and ratable Administrative Agent a security interest and continuing lien for the ratable benefit of the Secured Parties on in all of such Grantor’s their right, title and interest in, to and under the Patents and Patent LicensesPatents, including the Patents and Patent Licenses listed in Schedule IA, in each case whether now owned or existing or hereafter acquired or arising (collectively, the “Patent Collateral”).

Appears in 1 contract

Samples: Patent Security Agreement (Altra Holdings, Inc.)

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