Restrictions on Future Agreements. Grantor agrees that, until the Liabilities shall have been paid and satisfied in full and all of the Financing Agreements shall have been terminated, Grantor shall not, without the prior written consent of Agent, sell or assign its interest in any Trademark or enter into any other agreement with respect to any Trademark which would affect the validity or enforcement of the rights transferred to Agent under this Security Agreement.
Appears in 2 contracts
Samples: Trademark Security Agreement (Medical Technology Systems Inc /De/), Trademark Security Agreement (Medical Technology Systems Inc /De/)
Restrictions on Future Agreements. Grantor agrees that, that until the Liabilities shall have been paid and satisfied in full and all of the Financing Agreements shall have been terminatedfull, Grantor shall not, without the prior written consent of Collateral Agent, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Collateral Agent under this Security Agreement.
Appears in 2 contracts
Samples: Patent Security Agreement (Medical Technology Systems Inc /De/), Patent Security Agreement (Medical Technology Systems Inc /De/)
Restrictions on Future Agreements. Grantor agrees that, until the Liabilities shall have been paid and satisfied in full and all of the Financing Agreements shall have been terminatedfull, Grantor shall not, without the prior written consent of Collateral Agent, sell or assign its interest in any Trademark or enter into any other agreement with respect to any Trademark which would affect the validity or enforcement of the rights transferred to Collateral Agent under this Security Agreement.
Appears in 2 contracts
Samples: Trademark Security Agreement (Medical Technology Systems Inc /De/), Trademark Security Agreement (Medical Technology Systems Inc /De/)
Restrictions on Future Agreements. Grantor agrees that, that until the Liabilities shall have been paid and satisfied in full and all of the Financing Agreements shall have been terminated, Grantor shall not, without the prior written consent of Agent, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Agent under this Security Agreement.
Appears in 2 contracts
Samples: Patent Security Agreement (Medical Technology Systems Inc /De/), Patent Security Agreement (Medical Technology Systems Inc /De/)
Restrictions on Future Agreements. Grantor agrees that, until the Liabilities shall have been paid and satisfied in full and all of the Financing Agreements shall have been terminatedfull, Grantor shall not, without the prior written consent of Collateral Agent, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Collateral Agent under this Security Agreement.
Appears in 1 contract
Samples: Patent Security Agreement (Medical Technology Systems Inc /De/)
Restrictions on Future Agreements. Grantor agrees that, until all of the Liabilities shall Obligations have been paid and satisfied in full and all of the Financing Agreements shall have Agreement has been terminatedterminated in accordance with the terms thereof, Grantor shall not, it will not without the Agent’s prior written consent of Agentconsent, sell or assign its interest in any Trademark or enter into any other agreement which is inconsistent with respect Grantor’s duties under this Agreement, and Grantor further agrees that it will not take any action, or permit any action to be taken by others subject to its control, including licensees, or fail to take any Trademark action, which would affect the validity or and enforcement of the rights transferred granted to Agent under this Security Agreement.
Appears in 1 contract
Samples: Security Agreement Intellectual Property (Under Armour, Inc.)
Restrictions on Future Agreements. Grantor agrees that, until the Liabilities shall have been paid and satisfied in full and all of the Financing Agreements shall have been terminated, Grantor shall not, without the prior written consent of Agent, sell or assign its interest in any Trademark Patent or enter into any other agreement with respect to any Trademark Patent which would affect the validity or enforcement of the rights transferred to Agent under this Security Agreement.
Appears in 1 contract
Samples: Patent Security Agreement (Medical Technology Systems Inc /De/)