New Trademarks and Licenses. Grantor represents and warrants that, from and after the Closing Date, (a) the Trademarks listed on SCHEDULE A include all of the trademarks, registered trademarks, trademark applications, service marks, registered service marks and service xxxx applications now owned or held by Grantor, (b) the Licenses listed on SCHEDULE B include all of the trademark license agreements and service xxxx license agreements under which Grantor is the licensee or licensor and (c) no liens, claims or security interests in such Trademarks and Licenses have been granted by Grantor to any Person other than the Agent. If, prior to the termination of this Agreement, Grantor shall (i) obtain rights to any new trademarks, registered trademarks, trademark applications, service marks, registered service marks or service xxxx applications, (ii) become entitled to the benefit of any trademarks, registered trademarks, trademark applications, trademark licenses, trademark license renewals, service marks, registered service marks, service xxxx applications, service xxxx licenses or service xxxx license renewals whether as licensee or licensor, or (iii) enter into any new trademark license agreement or service xxxx license agreement, the provisions of PARAGRAPH 4 above shall automatically apply thereto. Grantor shall give to the Agent written notice of events described in CLAUSES (i), (ii) and (iii) of the preceding sentence promptly after the occurrence thereof, but in any event not less frequently than on a quarterly basis. Grantor hereby authorizes the Agent to modify this Agreement unilaterally (i) by amending SCHEDULE A to include any future trademarks, registered trademarks, trademark applications, service marks, registered service marks and service xxxx applications and by amending SCHEDULE B to include any future trademark license agreements and service xxxx license agreements, which are Trademarks or Licenses under PARAGRAPH 4 above or under this PARAGRAPH 6, and (ii) by filing, in addition to and not in substitution for this Agreement, a duplicate original of this Agreement containing on Schedule A or B thereto, as the case may be, such future trademarks, registered trademarks, trademark applications, service marks, registered service marks and service xxxx applications, and trademark license agreements and service xxxx license agreements.
New Trademarks and Licenses. Borrowers represent and warrant that the Trademarks and Licenses listed on Schedule A and Schedule B, respectively, include all of the Trademarks and Licenses now owned or held by Borrowers. If, prior to the termination of this Agreement, Borrowers shall (i) obtain rights to any new Trademark or Licenses or (ii) become entitled to the benefit of any new or existing Trademark or License, the provisions of Section 2 shall automatically apply thereto and Borrowers shall give to Lender prompt written notice thereof. Borrowers hereby authorize Lender to unilaterally modify this Agreement by (a) amending Schedule A or Schedule B, as the case may be, to include any Trademarks or Licenses which are described under Section 2, or under this Section 4, and (b) filing with the Patent and Trademark Office, in addition to and not in substitution for, this Agreement, a duplicate original of this Agreement or an appropriate document evidencing this Agreement containing on Schedule A or Schedule B thereto, as the case may be, the revised list of Trademarks and/or Licenses under Section 2 or this Section 4. Notwithstanding the foregoing, the Borrowers hereby agree that Lender's security interest shall extend to all of the collateral listed in Section 2 and this Section 4, regardless of whether Lender actually amends Schedule A and Schedule B.
New Trademarks and Licenses. If, prior to the termination of this Agreement, the Grantors shall (i) obtain rights to any new Trademarks, (ii) become entitled to the benefit of any Trademarks, whether as licensee or licensor, or (iii) enter into any new Licenses, the provisions of PARAGRAPH 4 above shall automatically apply thereto (except in cases where either Grantor is the licensee, to the extent such licenses are assignable without violation thereof, it being understood and agreed that the Grantors shall use commercially reasonable efforts to ensure that such licenses are assignable for security purposes). The Grantors shall give to the Administrative Agent written notice within 30 Business Days after the occurrence of any of the events described in CLAUSES (I), (II) and (III) of the preceding sentence. The Grantors hereby authorize the Administrative Agent to modify this Agreement unilaterally (i) by amending SCHEDULE A to include any future Trademarks owned or held by the Grantors and by amending SCHEDULE B to include Licenses to which either Grantor becomes a party, (ii) by preparing this Agreement for filing with the United States Patent and Trademark Office or any corresponding foreign trademark office or governmental agency, and (iii) by filing, in addition to and not in substitution for this Agreement, a duplicate original of this Agreement containing on SCHEDULE A or B thereto, as the case may be, such future Trademarks and Licenses.
New Trademarks and Licenses addition to and not in substitution for this Agreement, a duplicate original of this Agreement identifying on Schedule A or B thereto, as the case may be, such new or additional trademarks, registered trademarks, trademark applications, service marks, registered service marks and service xxxx applications, and trademark license agreements and service xxxx license agreements. The party making a filing pursuant to the preceding sentence shall promptly provide a copy of it to the other party.
New Trademarks and Licenses. The Company represents and warrants that the Trademarks and Licenses listed on Schedule A and Schedule B, respectively, include all of the Trademarks and Licenses now owned or held by such Company. If, prior to the termination of this Agreement, Company shall (i) obtain rights to any new Trademark or Licenses or (ii) become entitled to the benefit of any new or existing Trademark or License, the provisions of Section 2 shall automatically apply thereto and Company shall notify Agent in writing (with reasonable detail) upon request of Agent of such changes. Provided that Company shall, within ten (10) days of approval, notify Agent and provide Agent with copies of all relevant documents relating to the approval of an application for a domestic Trademark by the United States Patent and Trademark Office. The Company hereby authorizes Agent to unilaterally modify this Agreement by (a) amending Schedule A or Schedule B, as the case may be, to include any Trademarks or Licenses which are described under Section 2, or under this Section 4, and (b) filing with the United States Patent and Trademark Office, in addition to and not in substitution for, this Agreement, a duplicate original of this Agreement containing on Schedule A or Schedule B thereto, as the case may be, the revised list of Trademarks and/or Licenses under Section 2 or this Section 4. Notwithstanding the foregoing, the Company hereby agrees that Agent’s security interest shall extend to all of the collateral listed in Section 2 and this Section 4, regardless of whether Agent actually amends Schedule A and Schedule B.
