Patent and Trademark Assignments. Concurrently herewith the -------------------------------- Borrower is also executing and delivering to the Agent, for the benefit of the Banks and the Agent, the Patent Assignment and the Trademark Assignment pursuant to which the Borrower is assigning to the Agent, for the benefit of the Banks and the Agent, certain Collateral consisting of patents and patent rights and trademarks, service marks and trademark and service xxxx rights, together with the goodwill appurtenant thereto. The provisions of the Patent Assignment and the Trademark Assignment are supplemental to the provisions of this Agreement, and nothing contained in the Patent Assignment or the Trademark Assignment shall derogate from any of the rights or remedies of the Agent or any of the Banks hereunder. Nor shall anything contained in the Patent Assignment or the Trademark Assignment be deemed to prevent or extend the time of attachment or perfection of any security interest in such Collateral created hereby.
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Samples: Credit Agreement (Jackson Products Inc), Security Agreement (Jackson Products Inc)
Patent and Trademark Assignments. Concurrently herewith each of -------------------------------- the -------------------------------- Borrower Subsidiaries is also executing and delivering to the Agent, for the benefit of the Banks and the Agent, the Patent Assignment and the Trademark Assignment pursuant to which the Borrower is assigning to the Agent, for the benefit of the Banks and the Agent, certain Collateral consisting of patents and patent rights and trademarks, service marks and trademark and service xxxx rights, together with the goodwill appurtenant thereto. The provisions of the Patent Assignment and the Trademark Assignment are supplemental to the provisions of this Agreement, and nothing contained in the Patent Assignment or the Trademark Assignment shall derogate from any of the rights or remedies of the Agent or any of the Banks hereunder. Nor shall anything contained in the Patent Assignment or the Trademark Assignment be deemed to prevent or extend the time of attachment or perfection of any security interest in such Collateral created hereby.
Appears in 2 contracts
Samples: Credit Agreement (Jackson Products Inc), Security Agreement (Jackson Products Inc)
Patent and Trademark Assignments. Concurrently herewith certain of the -------------------------------- Borrower is Companies are also executing and delivering to the Agent, for the benefit of the Banks Lenders and the Agent, the Patent Assignment and the Trademark Assignment pursuant to which the Borrower is such Companies are assigning to the Agent, for the benefit of the Banks Lenders and the Agent, certain Collateral consisting of patents and patent rights and trademarks, service marks and trademark and service xxxx rightsmark xxxhts, together with the goodwill appurtenant thereto. The provisions of the Patent Assignment and the Trademark Assignment are supplemental to the provisions of this Agreement, and nothing contained in the Patent Assignment or the Trademark Assignment shall derogate from any of the rights or remedies of the Agent or any of the Banks Lenders hereunder. Nor shall anything contained in the Patent Assignment or the Trademark Assignment be deemed to prevent or extend the time of attachment or perfection of any security interest in such Collateral created hereby.
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