Common use of Royalties; Terms Clause in Contracts

Royalties; Terms. The term of the mortgages granted herein shall extend until the earlier of (i) the expiration of each of the respective Patents, Trademarks and Licenses assigned hereunder, and (ii) the payment in full of all Obligations and the termination of the Loan Agreements. Mortgagor agrees that upon the occurrence of an Event of Default, the use by Mortgagee of all Patents, Trademarks and Licenses shall be worldwide, except as limited by their terms, and without any liability for royalties or other related charges from Mortgagee to Mortgagor.

Royalties; Terms. The term of the mortgages granted herein shall extend until the earlier of (i) the expiration of each of the respective Patents, Trademarks and Licenses assigned hereunder, and (ii) the payment Mortgagor's Liabilities have been paid in full of all Obligations and the termination of the Loan AgreementsAgreements have been terminated. Mortgagor agrees that upon Upon the occurrence of an Event of Default, Mortgagor agrees that the use by Mortgagee of all Patents, Trademarks and Licenses shall be worldwide, except as limited by their terms, worldwide and without any liability for royalties or other related charges from Mortgagee to the Mortgagor.

Royalties; Terms. The term of the mortgages granted herein shall extend until the earlier of (i) the expiration of each of the respective Patents, Trademarks and Licenses assigned hereunder, and (ii) the payment Mortgagor's Liabilities have been paid in full of all Obligations and the termination of the Loan AgreementsAgreements have been terminated. Mortgagor agrees that upon the occurrence of an Event of a Default, the use by Mortgagee of all Patents, Trademarks and Licenses shall be worldwide, except as limited by their terms, worldwide and without any liability for royalties or other related charges from Mortgagee to Mortgagor.

Royalties; Terms. The term of the mortgages granted herein shall extend until the earlier of (i) the expiration of each of the respective Patents, Trademarks and Licenses assigned hereunder, and (ii) the payment Obligations have been paid in full of all Obligations and the termination of the Loan AgreementsSecurity Documents have been terminated. Mortgagor agrees that upon Upon the occurrence of an Event of Default, Mortgagor agrees that the use by Mortgagee of all Patents, Trademarks and Licenses shall be worldwide, except as limited by their terms, worldwide and without any liability for royalties or other related charges from Mortgagee to the Mortgagor.

Royalties; Terms. The term of the mortgages granted herein shall extend until the earlier of (iof(i) the expiration of each of the respective Patents, Patents and Trademarks and Licenses assigned hereunder, and (ii) the payment Mortgagor's Obligations have been paid in full of all Obligations and the termination of the Loan AgreementsDocuments have been terminated. Mortgagor agrees that upon Upon the occurrence of an Event of Default or Default, Mortgagor agrees that the use by Mortgagee of all Patents, Patents and Trademarks and Licenses shall be worldwide, except as limited by their terms, worldwide and without any liability for royalties or other related charges from Mortgagee to the Mortgagor.