Common use of Intellectual Property Agreements Clause in Contracts

Intellectual Property Agreements. Borrower shall not permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts.

Appears in 16 contracts

Samples: Loan and Security Agreement (Seebeyond Technology Corp), Loan and Security Agreement (Invision Technologies Inc), Loan and Security Agreement (Comps Com Inc)

AutoNDA by SimpleDocs

Intellectual Property Agreements. Borrower shall not permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts, except to the extent that such provisions are necessary in Borrower's exercise of its reasonable business judgement.

Appears in 14 contracts

Samples: Subordination Agreement (Zindart LTD), Senior Subordinated Loan and Security Agreement (Ross Technology Inc), Subordination Agreement (Intervisual Books Inc /Ca)

Intellectual Property Agreements. Borrower shall not permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts, except to the extent that such provisions are necessary in Borrower's exercise of its reasonable business judgment.

Appears in 8 contracts

Samples: Loan and Security Agreement (E Loan Inc), Loan and Security Agreement (Integrated Packaging Assembly Corp), Loan and Security Agreement (Quintus Corp)

Intellectual Property Agreements. Borrower shall not permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts, except to the extent that such provisions are necessary in Borrower's exercise of its reasonable business judgement and has been notified to Bank.

Appears in 3 contracts

Samples: Annual Report, Loan and Security Agreement (Harmonic Inc), Loan and Security Agreement (Harmonic Lightwaves Inc)

Intellectual Property Agreements. Borrower shall not permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts, except to the extent that such provisions are necessary in Borrower's exercise of its reasonable business judgment, in which case written notice thereof shall be given to Bank.

Appears in 2 contracts

Samples: Loan and Security Agreement (Pacific Biometrics Inc), Loan and Security Agreement (Newgen Results Corp)

Intellectual Property Agreements. Borrower shall not permit the -------------------------------- inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts, except to the extent that such provisions are necessary in Borrower's exercise of its reasonable business judgement.

Appears in 2 contracts

Samples: Loan and Security Agreement (Silicon Gaming Inc), Loan and Security Agreement (Inktomi Corp)

Intellectual Property Agreements. Borrower shall not permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts.

Appears in 2 contracts

Samples: Loan and Security Agreement (Sage Inc/Ca), Loan Agreement (Tripath Imaging Inc)

AutoNDA by SimpleDocs

Intellectual Property Agreements. Neither Borrower shall not permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in such Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts.

Appears in 1 contract

Samples: Loan and Security Agreement (Spectranetics Corp)

Intellectual Property Agreements. Borrower shall not permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts, except to the extent that such provisions are necessary in Borrower's exercise of its reasonable business judgement, in which case written notice thereof shall be given to Bank.

Appears in 1 contract

Samples: Loan and Security Agreement (Vista Information Solutions Inc)

Intellectual Property Agreements. No Borrower shall not permit the -------------------------------- inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in such Borrower's rights and interests in any property included within the definition of the Intellectual Property Collateral acquired under such contracts.

Appears in 1 contract

Samples: Loan and Security Agreement (SQL Financials International Inc /De)

Intellectual Property Agreements. Borrower shall use best efforts not to permit the inclusion in any material contract to which it becomes a party of any provisions that could or might in any way prevent the creation of a security interest in Borrower's rights and interests in any material property included within the definition of the Intellectual Property Collateral acquired under such contracts.

Appears in 1 contract

Samples: Loan and Security Agreement (Maxwell Technologies Inc)

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