Security Interest in Patents. To secure the full and prompt payment and performance when due (whether at stated maturity, by acceleration or otherwise) of all of the Obligations, the Debtor hereby grants and conveys to the Secured Party a second and valid security interest in, with a power of sale to the extent permitted by law, all of its right, title and interest in the United States and throughout the world, in and to all of its now owned and hereafter acquired United States and foreign patents and all patent and design patent applications, and all issues, reissues, re-examinations, continuations, continuations-in-part or divisions thereof, and all proceeds thereof (hereinafter collectively referred to as the "Patents"). All unexpired patents and all currently pending patent applications owned or licensed (to the extent permitted by the applicable license) by the Debtor are listed on Schedule A attached hereto and made a part hereof. Subject to the provisions of Section 2(n), the Debtor hereby further grants, assigns and conveys to the Secured Party a second and valid security interest, having priority over all other security interests and with power of sale at any time, in all of the right, title and interest of the Debtor in and to all products, proceeds, income, royalties, damages and payments now or hereafter due and payable under or in respect of all Patents and, subject to the provisions of Section 2(n), in and to all rights during the term of this Agreement to xxx, collect and retain for the Secured Party's benefit damages and payments for past or future infringements of the Patents.
Security Interest in Patents. To secure the prompt and complete payment, performance and observance of all Obligations, Grantor hereby grants to Agent for its benefit and the ratable benefit of Lenders a security interest in, as and by way of a first mortgage and security interest having priority over all other security interests, with power of sale to the extent permitted by applicable law, all of Grantor's now owned or existing and hereafter acquired or arising:
Security Interest in Patents. To secure the complete and timely payment, performance and satisfaction of all of the Liabilities, the Grantor hereby grants to the Agent, for the benefit of the Holders of Secured Obligations, a security interest in, as and by way of a first mortgage and security interest having priority over all other security interests (except any Lien permitted under Section 6.15 of the Credit Agreement), with power of sale to the extent permitted by applicable law, all of the Grantor’s now owned or existing and hereafter acquired or arising:
Security Interest in Patents. To secure the complete and timely payment, performance and satisfaction of all of the Liabilities, the Borrower hereby grants to the Collateral Agent, for the ratable benefit of the Agents, the Lenders, and the other Holders, a security interest in, as and by way of a first mortgage and security interest having priority over all other security interests, with power of sale to the extent permitted by applicable law, all of the Borrower's now owned and hereafter acquired:
Security Interest in Patents. To secure the complete and timely satisfaction of the Obligations, each Grantor hereby grants and conveys to the Administrative Agent (for itself and for the benefit of the Lenders) a Lien in all of such Grantor's right, title and interest in and to all of its now owned or hereafter acquired or arising issued patents and patent applications, including, without limitation, the U.S. issued patents and patent applications in the United States Patent and Trademark Office listed on Schedule A, attached hereto and made a part hereof, and (a) the reissues, divisions, continuations, renewals, extensions and continuations-in-part thereof, (b) all income, royalties, damages and payments now and hereafter due and/or payable under and with respect thereto, including, without limitation, damages and payments for past or future infringements thereof, (c) the right to xxx for past, present and future infringements thereof, and (d) any rights corresponding thereto throughout the world (all of the foregoing patents and applications, together with the items described in clauses (a) – (d), are hereinafter individually and/or collectively referred to as the 204504225 "Patents"); provided, however that the Patents shall not include any Excluded Property (as defined in the Security Agreement).
Security Interest in Patents. To secure the complete and timely payment, performance and satisfaction of all of the Obligations, Borrower hereby grants to Lender, a third priority security interest, having priority over all other security interests (except for Permitted Liens, including the Liens securing the Senior Debt and the Liens securing the obligations under the Senior Subordinated Note Purchase Agreement), with power of sale to the extent permitted by applicable law, in all of Borrower’s now owned or existing and filed and hereafter acquired or arising and filed:
Security Interest in Patents. As security for prompt payment in full of all of the Indebtedness, Grantor hereby grants to Grantee a first priority security interest, having priority over all other security interests in all of Grantor’s now owned or existing and hereafter acquired or arising (collectively, the “Patent Collateral”):
Security Interest in Patents. To secure the complete and timely satisfaction of all of the "Obligations" (as defined in the Financing Agreement), Grantor hereby grants and conveys to Grantee a lien and security interest in all of the Grantor's right, title and interest in and to all of its now owned or existing and filed and hereafter acquired or arising and filed:
Security Interest in Patents. This NOTICE OF GRANT OF SECURITY INTEREST IN PATENTS (the “Notice”) is made and entered into as of June 1, 2015, by and between QUALITY IS OUR RECIPE, LLC, a Delaware limited liability company located at Xxx Xxxx Xxxxxx Boulevard, Dublin, Ohio 43017 (“Grantor”), in favor of CITIBANK, N.A., a national banking association (“Citibank”), as trustee, located at 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, XX 00000 (“Trustee”).
Security Interest in Patents. A security interest in the owned United States patents of the Company (and any proceeds thereof) shall have been perfected, pursuant to a security agreement in substantially the form attached hereto as EXHIBIT D (the "SECURITY AGREEMENT").
