Common use of Patent and Trademark Assignments Clause in Contracts

Patent and Trademark Assignments. Concurrently herewith the Company is executing and delivering to the Agent, for the benefit of the Lenders and the Agent, the Amended and Restated Patent Collateral Assignment and Security Agreement and the Amended and Restated Trademark Collateral Security and Pledge Agreement pursuant to which the Company is assigning to the Agent, for the benefit of the Lenders 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 Amended and Restated Patent Collateral Assignment and Security Agreement and the Amended and Restated Trademark Collateral Security and Pledge Agreement are supplemental to the provisions of this Agreement, and nothing contained in the Amended and Restated Patent Collateral Assignment and Security Agreement and the Amended and Restated Trademark Collateral Security and Pledge Agreement shall derogate from any of the rights or remedies of the Agent or any of the Lenders hereunder. Neither the delivery of, nor anything contained in, the Patent Assignment or the Trademark Assignment shall be deemed to prevent or postpone the time of attachment or perfection of any security interest in such Collateral created hereby.

Patent and Trademark Assignments. Concurrently herewith certain of the Company is Companies are executing and delivering to the Collateral Agent, for the benefit of the Lenders and the Collateral Agent, a patent collateral assignment and security agreement (the Amended "Patent Assignment") and Restated Patent Collateral Assignment a trademark collateral assignment and Security Agreement and pledge agreement (the Amended and Restated "Trademark Collateral Security and Pledge Agreement Assignment") pursuant to which the Company is such Companies are assigning to the Collateral Agent, for the benefit of the Lenders and the Collateral 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 Amended and Restated Patent Collateral Assignment and Security Agreement and the Amended and Restated Trademark Collateral Security and Pledge Agreement Assignment are supplemental to the provisions of this Agreement, and nothing contained in the Amended and Restated Patent Collateral Assignment and Security Agreement and or the Amended and Restated Trademark Collateral Security and Pledge Agreement Assignment shall derogate from any of the rights or remedies of the Collateral Agent or any of the Lenders hereunder. Neither the delivery of, nor anything contained in, the Patent Assignment or the Trademark Assignment shall be deemed to prevent or postpone the time of attachment or perfection of any security interest in such Collateral created hereby.