Security Agreement and the IP Security Agreements Sample Clauses

Security Agreement and the IP Security Agreements. Borrower confirms that contemporaneously with the execution of the Existing Credit Agreement, Borrower executed and delivered to Lender a security agreement (the “Security Agreement”) granting Lender a security interest in the Collateral to secure payment of the Obligations. Borrower hereby reaffirms and acknowledges the validity of the Security Agreement, the accuracy of the information contained in the Security Agreement, and the grant of the security interests in favor of Lender in the collateral described therein. Borrower further agrees and acknowledges that the security interests provided by the Security Agreement secure repayment of all Obligations, including, without limitation, the additional credit provided by Lender in connection with this Agreement. Borrower further confirms that contemporaneously with the execution of the Existing Credit Agreement, Borrower executed and delivered to Lender security agreements (the “IP Security Agreements”) granting Lender a security interest in the existing and after-acquired intellectual property of Borrower to secure payment of the Obligations. Borrower hereby reaffirms and acknowledges the validity of the IP Security Agreements, the accuracy of the information contained in the IP Security Agreement as of the date thereof, and the grant of the security interests in favor of Lender in the collateral described therein. Borrower hereby agrees and acknowledges that it will execute and deliver additional security documents necessary to reflect changes in the intellectual property of Borrower as of the date of this Agreement, if applicable. Borrower further agrees and acknowledges that the security interests provided by the IP Security Agreements, as amended, supplemented or otherwise modified by any additional security documents related thereto that are executed and delivered in connection with this Agreement, secure repayment of all Obligations, including, without limitation, the additional credit provided by Lenders in connection with this Agreement. Borrower confirms and acknowledges that all references to the “Credit Agreement” in the Security Agreement and the IP Security Agreements are to this Agreement.
Sample 1
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Related to Security Agreement and the IP Security Agreements

  • Security Agreements Signed original security agreements, assignments, financing statements and fixture filings (together with collateral in which the Bank requires a possessory security interest), which the Bank requires.

  • Guaranty Agreements Any Guaranty Agreement or any provision thereof shall for any reason cease to be in full force and effect or valid and binding on or enforceable against any Credit Party or a Credit Party shall so state in writing or bring an action to limit its obligations or liabilities thereunder; or any Credit Party shall fail to perform any of its obligations thereunder; or

  • Trademark Security Agreement The Trademark Collateral Security and Pledge Agreement, dated or to be dated on or prior to the Closing Date, between the Borrower and the Collateral Agent and in form and substance satisfactory to the Banks, the Collateral Agent and the Agents.

  • Security Agreement The words "Security Agreement" mean and include without limitation any agreements, promises, covenants, arrangements, understandings or other agreements, whether created by law, contract, or otherwise, evidencing, governing, representing, or creating a Security Interest.

  • Guaranty and Security Agreement The security interest granted pursuant to this [Copyright] [Patent] [Trademark] Security Agreement is granted in conjunction with the security interest granted to Agent pursuant to the Guaranty and Security Agreement and each Grantor hereby acknowledges and agrees that the rights and remedies of Agent with respect to the security interest in the [Copyright] [Patent] [Trademark] Collateral made and granted hereby are more fully set forth in the Guaranty and Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein.

  • No Financing Statements, Security Agreements No financing statement or security agreement describing all or any portion of the Collateral which has not lapsed or been terminated (by a filing authorized by the secured party in respect thereof) naming such Grantor as debtor has been filed or is of record in any jurisdiction except for financing statements or security agreements (a) naming the Administrative Agent on behalf of the Secured Parties as the secured party and (b) in respect to other Liens permitted under Section 6.02 of the Credit Agreement.

  • Collateral Agreements Borrower shall deposit with Lender such amounts as may be required by any Collateral Agreement and shall perform all other obligations of Borrower under each Collateral Agreement.

  • Loan and Security Agreement Performance of all obligations of Borrower (as such term is defined in the Loan and Security Agreement, and hereafter used with such meaning) under the terms of the Loan and Security Agreement, any of the Guaranty Agreements or Security Documents referred to in the Loan and Security Agreement, and any other loan agreement, tri-party financing agreement or other agreement between Grantor and Beneficiary, GNI and any other parties pertaining to the use of the proceeds of the Notes."

  • Intellectual Property Security Agreements Duly executed originals of Trademark Security Agreements, Copyright Security Agreements and Patent Security Agreements, each dated the Closing Date and signed by each Credit Party which owns Trademarks, Copyrights and/or Patents, as applicable, all in form and substance reasonably satisfactory to Agent, together with all instruments, documents and agreements executed pursuant thereto.

  • Pledge and Security Agreement The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Security Agent for the Secured Parties pursuant to the Pledge and Security Agreement, and the Grantors hereby acknowledge and affirm that the rights and remedies of the Security Agent with respect to the security interest in the Copyright Collateral made and granted hereby are more fully set forth in the Pledge and Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

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