Common use of Supplemental to Loan Documents Clause in Contracts

Supplemental to Loan Documents. The parties expressly acknowledge and agree that they have executed and delivered the Loan Documents pursuant to which the Borrower unconditionally granted to Secured Party, a continuing security interest in and lien on the Collateral (including the Patent Collateral). In no event shall this Security Agreement, or the recordation of this Security Agreement (or any document hereunder) with the PTO, or any other governmental or public office or agency, adversely affect or impair, in any way or to any extent, the other Loan Documents, the security interest of Secured Party in the Collateral (including the Patent Collateral) pursuant to the other Loan Documents, the attachment and perfection of such security interest under the Code (as defined herein), or the present or future rights and interests of Secured Party in and to the Collateral under or in connection with this Security Agreement, the other Loan Documents, and/or the Code. Any and all rights and interests of Secured Party in and to the Patent Collateral (and any and all obligations of the Borrower with respect to the Patent Collateral) provided herein, or arising hereunder or in connection herewith, shall only supplement and be cumulative and in addition to the rights and interests of Secured Party (and the obligations of the Borrower) in, to or with respect to the Collateral (including the Patent Collateral) provided in or arising under or in connection with the other Loan Documents.

Appears in 1 contract

Samples: Patent Security Agreement (Evercel Inc)

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Supplemental to Loan Documents. The parties expressly acknowledge and agree that they have executed and delivered the Loan Documents pursuant to which the Borrower unconditionally granted to Secured Party, a continuing security interest in and lien on the Collateral (as defined in the Security Agreement) (including the Patent Collateral). In no event shall this Patent Security Agreement, or the recordation of this Patent Security Agreement (or any document hereunder) with the PTO, or any other governmental or public office or agency, adversely affect or impair, in any way or to any extent, the other Loan Documents, the security interest of Secured Party in the Collateral (including the Patent Collateral) pursuant to the other Loan Documents, the attachment and perfection of such security interest under the Code UCC (as defined hereinin the Security Agreement), or the present or future rights and interests of Secured Party in and to the Collateral under or in connection with this Patent Security Agreement, the other Loan Documents, and/or the CodeUCC. Any and all rights and interests of Secured Party in and to the Patent Collateral (and any and all obligations of the Borrower with respect to the Patent Collateral) provided herein, or arising hereunder or in connection herewith, shall only supplement and be cumulative and in addition to the rights and interests of Secured Party (and the obligations of the Borrower) in, to or with respect to the Collateral (including the Patent Collateral) provided in or arising under or in connection with the other Loan Documents.

Appears in 1 contract

Samples: Patent Security Agreement (Fischer Imaging Corp)

Supplemental to Loan Documents. The parties expressly acknowledge and agree that they have executed and the Borrower has delivered the Loan Documents pursuant to which the Borrower unconditionally granted to the Secured Party, Party a continuing security interest in and lien on the Collateral (as defined in the Security Agreement) (including the Patent Trademark Collateral). In no event shall this Trademark Security Agreement, or the recordation of this Trademark Security Agreement (or any document hereunder) with the PTO, or any other governmental or public office or agency, adversely affect or impair, in any way or to any extent, the other Loan Documents, the security interest of the Secured Party in the Collateral (including the Patent Trademark Collateral) pursuant to the other Loan Documents, the attachment and perfection of such security interest under the Code UCC (as defined hereinin the Security Agreement), or the present or future rights and interests of the Secured Party in and to the Collateral under or in connection with this Security Agreement, the other Loan Documents, this Trademark Security Agreement and/or the CodeUCC. Any and all rights and interests of the Secured Party in and to the Patent Trademark Collateral (and any and all obligations of the Borrower with respect to the Patent Trademark Collateral) provided herein, or arising hereunder or in connection herewith, shall only supplement and be cumulative and in addition to the rights and interests of the Secured Party (and the obligations of the Borrower) in, to or with respect to the Collateral (including the Patent Trademark Collateral) provided in or arising under or in connection with the other Loan Documents.

Appears in 1 contract

Samples: Trademark Security Agreement (Fischer Imaging Corp)

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Supplemental to Loan Documents. The parties expressly acknowledge and agree that they have executed and delivered the Loan Documents pursuant to which the Borrower unconditionally granted to Secured Party, a continuing security interest in and lien on the Collateral (including the Patent Collateral). In no event shall this Security Agreement, or the recordation of this Security Agreement (or any document hereunder) with the PTO, or any other governmental or public office or agency, adversely affect or impair, in any way or to any extent, the other Loan Documents, the security interest of Secured Party in the Collateral (including the Patent Collateral) pursuant to the other Loan Documents, the attachment and perfection of such security interest under the Code (as defined herein)Code, or the present or future rights and interests of Secured Party in and to the Collateral under or in connection with this Security Agreement, the other Loan Documents, and/or the Code. Any and all rights and interests of Secured Party in and to the Patent Collateral (and any and all obligations of the Borrower with respect to the Patent Collateral) provided herein, or arising hereunder or in connection herewith, shall only supplement and be cumulative and in addition to the rights and interests of Secured Party (and the obligations of the Borrower) in, to or with respect to the Collateral (including the Patent Collateral) provided in or arising under or in connection with the other Loan Documents.

Appears in 1 contract

Samples: Security Agreement (Kurzweil Applied Intelligence Inc /De/)

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