Intellectual Property Assignments. Each Intellectual Property Assignment is effective to grant to Collateral Agent for the benefit of Lenders an enforceable first priority Security Interest in all the Intellectual Property described therein, subject only to Permitted Security Interests affecting such Intellectual Property.
Appears in 3 contracts
Samples: Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp), Credit Agreement (Gtsi Corp)
Intellectual Property Assignments. Each Intellectual Property Assignment is effective to grant to Collateral Administrative Agent for the benefit of Lenders an enforceable first priority Security Interest in all the Intellectual Property described therein, subject only to Permitted Security Interests affecting such Intellectual Property.
Appears in 3 contracts
Samples: Credit Facilities Agreement (MTM Technologies, Inc.), Credit Facilities Agreement (Pomeroy Computer Resources Inc), Credit Facilities Agreement (Pomeroy It Solutions Inc)
Intellectual Property Assignments. Each Intellectual Property Assignment is effective to grant to Collateral Administrative Agent for the benefit of Lenders an enforceable first priority Security Interest security interest in all the Intellectual Property described therein, subject only to Permitted Security Interests affecting such Intellectual Property. Upon appropriate filing in the United States Patent and Trademark Offices and the United States Copyright Office, as well as the appropriate filing of a financing statement, Administrative Agent's Security Interest in the Intellectual Property will be fully perfected.
Appears in 2 contracts
Samples: Loan Agreement (Talx Corp), Loan Agreement (Talx Corp)
Intellectual Property Assignments. Each Intellectual Property Assignment is effective to grant to Collateral Administrative Agent for the benefit of Lenders an enforceable first priority Security Interest in all the Intellectual Property described therein, subject only to Permitted Security Interests affecting such Intellectual Property. Acquisition Documents Assignment. Each Acquisition Documents Assignment, if any, is effective to grant to Administrative Agent for the benefit of Lenders an enforceable first priority Security Interest in and lien on all of Borrower's rights, remedies, claims and interests under the Acquisition Documents covered thereby.
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