Common use of SUPPLEMENTAL TO SECURITY AGREEMENT Clause in Contracts

SUPPLEMENTAL TO SECURITY AGREEMENT. Pursuant to the Security Agreement the Grantor has granted to the Collateral Agent, for the benefit of the Noteholders, a continuing security interest in and lien on the Collateral (including the Patent Collateral). The Security Agreement, and all rights and interests of the Collateral Agent in and to the Collateral (including the Patent Collateral) thereunder, are hereby ratified and confirmed in all respects. In no event shall this Agreement, the grant, assignment, transfer and conveyance of the Patent Collateral hereunder, or the recordation of this Agreement (or any other document hereunder) with the PTO, adversely affect or impair, in any way or to any extent, the Security Agreement, the security interest of the Collateral Agent in the Collateral (including the Patent Collateral) pursuant to the Security Agreement, the attachment and perfection of such security interest under the UCC (including the security interest in the Patent Collateral), or any present or future rights and interests of the Collateral Agent in and to the Collateral under or in connection with the Security Agreement or the UCC. Any and all rights and interests of the Collateral Agent in and to the Patent Collateral (and any and all obligations of the Grantors 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 the Collateral Agent (and the obligations of the Grantors) in, to or with respect to the Collateral (including the Patent Collateral) provided in or arising under or in connection with the Security Agreement and shall not be in derogation thereof.

Appears in 2 contracts

Samples: Patent Security and Pledge Agreement (Vector Group LTD), Security Agreement (Vector Group LTD)

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SUPPLEMENTAL TO SECURITY AGREEMENT. Pursuant to the Security Agreement the Grantor has granted to the Collateral Agent, for the benefit of the Noteholders, a continuing security interest in and first lien on the Collateral (including the Patent Collateral). The Security Agreement, and all rights and interests of the Collateral Agent in and to the Collateral (including the Patent Collateral) thereunder, are hereby ratified and confirmed in all respects. In no event shall this Agreement, the grant, assignment, transfer and conveyance of the Patent Collateral hereunder, or the recordation of this Agreement (or any other document hereunder) with the PTO, adversely affect or impair, in any way or to any extent, the Security Agreement, the security interest of the Collateral Agent in the Collateral (including the Patent Collateral) pursuant to the Security Agreement, the attachment and perfection of such security interest under the UCC (including the security interest in the Patent Collateral), or any present or future rights and interests of the Collateral Agent in and to the Collateral under or in connection with the Security Agreement or the UCC. Any and all rights and interests of the Collateral Agent in and to the Patent Collateral (and any and all obligations of the Grantors 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 the Collateral Agent (and the obligations of the Grantors) in, to or with respect to the Collateral (including the Patent Collateral) provided in or arising under or in connection with the Security Agreement and shall not be in derogation thereof.

Appears in 2 contracts

Samples: Patent Security and Pledge Agreement (Vector Group LTD), Security Agreement (Vector Group LTD)

SUPPLEMENTAL TO SECURITY AGREEMENT. Pursuant to the Security Agreement the Grantor has granted to the Collateral Agent, for the benefit of the NoteholdersSecured Parties, a continuing security interest in and lien on the Collateral (including the Patent Collateral). The Security Agreement, and all rights and interests of the Collateral Agent in and to the Collateral (including the Patent Collateral) thereunder, are hereby ratified and confirmed in all respects. In no event shall this Agreement, the grant, assignment, transfer and conveyance of the Patent Collateral hereunder, or the recordation of this Agreement (or any other document hereunder) with the PTO, adversely affect or impair, in any way or to any extent, the Security Agreement, the security interest of the Collateral Agent in the Collateral (including the Patent Collateral) pursuant to the Security Agreement, the attachment and perfection of such security interest under the UCC (including the security interest in the Patent Collateral), or any present or future rights and interests of the Collateral Agent in and to the Collateral under or in connection with the Security Agreement or the UCC. Any and all rights and interests of the Collateral Agent in and to the Patent Collateral (and any and all obligations of the Grantors Grantor 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 the Collateral Agent (and the obligations of the GrantorsGrantor) in, to or with respect to the Collateral (including the Patent Collateral) provided in or arising under or in connection with the Security Agreement and shall not be in derogation thereof.

Appears in 2 contracts

Samples: Patent Security and Pledge Agreement (Vector Group LTD), Patent Security and Pledge Agreement (Vector Group LTD)

SUPPLEMENTAL TO SECURITY AGREEMENT. Pursuant to the Security Agreement the Grantor has granted to the Collateral Agent, for the benefit of the NoteholdersSecured Parties, a continuing security interest in and lien on the Collateral (including the Patent Copyright Collateral). The Security Agreement, and all rights and interests of the Collateral Agent in and to the Collateral (including the Patent Copyright Collateral) thereunder, are hereby ratified and confirmed in all respects. In no event shall this Agreement, the grant, assignment, transfer and conveyance of the Patent Copyright Collateral hereunder, or the recordation of this Agreement (or any other document hereunder) with the PTOUnited States Copyright Office, adversely affect or impair, in any way or to any extent, the Security Agreement, the security interest of the Collateral Agent in the Collateral (including the Patent Copyright Collateral) pursuant to the Security Agreement, the attachment and perfection of such security interest under the UCC (including the security interest in the Patent Copyright Collateral), or any present or future rights and interests of the Collateral Agent in and to the Collateral under or in connection with the Security Agreement or the UCC. Any and all rights and interests of the Collateral Agent in and to the Patent Copyright Collateral (and any and all obligations of the Grantors Grantor with respect to the Patent Copyright 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 Collateral Agent (and the obligations of the GrantorsGrantor) in, to or with respect to the Collateral (including the Patent Copyright Collateral) provided in or arising under or in connection with the Security Agreement and shall not be in derogation thereof.

Appears in 2 contracts

Samples: Patent Security and Pledge Agreement (Vector Group LTD), Patent Security and Pledge Agreement (Vector Group LTD)

SUPPLEMENTAL TO SECURITY AGREEMENT. Pursuant to the Security Agreement the each Grantor has granted to the Collateral Agent, for the benefit of the Noteholders, a continuing security interest in and lien on the Collateral (including the Patent Trademark Collateral). The Security Agreement, and all rights and interests of the Collateral Agent in and to the Collateral (including the Patent Trademark Collateral) thereunder, are hereby ratified and confirmed in all respects. In no event shall this Agreement, the grant, assignment, transfer and conveyance of the Patent Trademark Collateral hereunder, or the recordation of this Agreement (or any other document hereunder) with the PTO, adversely affect or impair, in any way or to any extent, the Security Agreement, the security interest of the Collateral Agent in the Collateral (including the Patent Trademark Collateral) pursuant to the Security Agreement, the attachment and perfection of such security interest under the UCC (including the security interest in the Patent Trademark Collateral), or any present or future rights and interests of the Collateral Agent in and to the Collateral under or in connection with the Security Agreement or the UCC. Any and all rights and interests of the Collateral Agent in and to the Patent Trademark Collateral (and any and all obligations of the Grantors any Grantor 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 Collateral Agent (and the obligations of the Grantorsany Grantor) in, to or with respect to the Collateral (including the Patent Trademark Collateral) provided in or arising under or in connection with the Security Agreement and shall not be in derogation thereof.

Appears in 2 contracts

Samples: Patent Security and Pledge Agreement (Vector Group LTD), Security Agreement (Vector Group LTD)

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SUPPLEMENTAL TO SECURITY AGREEMENT. Pursuant to the Security Agreement the Grantor has granted to the Collateral Agent, for the benefit of the Noteholders, a continuing security interest in and first lien on the Collateral (including the Patent Trademark Collateral). The Security Agreement, and all rights and interests of the Collateral Agent in and to the Collateral (including the Patent Trademark Collateral) thereunder, are hereby ratified and confirmed in all respects. In no event shall this Agreement, the grant, assignment, transfer and conveyance of the Patent Trademark Collateral hereunder, or the recordation of this Agreement (or any other document hereunder) with the PTO, adversely affect or impair, in any way or to any extent, the Security Agreement, the security interest of the Collateral Agent in the Collateral (including the Patent Trademark Collateral) pursuant to the Security Agreement, the attachment and perfection of such security interest under the UCC (including the security interest in the Patent Trademark Collateral), or any present or future rights and interests of the Collateral Agent in and to the Collateral under or in connection with the Security Agreement or the UCC. Any and all rights and interests of the Collateral Agent in and to the Patent Trademark Collateral (and any and all obligations of the Grantors Grantor 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 Collateral Agent (and the obligations of the GrantorsGrantor) in, to or with respect to the Collateral (including the Patent Trademark Collateral) provided in or arising under or in connection with the Security Agreement and shall not be in derogation thereof.

Appears in 2 contracts

Samples: Patent Security and Pledge Agreement (Vector Group LTD), Security Agreement (Vector Group LTD)

SUPPLEMENTAL TO SECURITY AGREEMENT. Pursuant to the Security Agreement the Grantor has granted to the Collateral Agent, for the benefit of the NoteholdersSecured Parties, a continuing security interest in and lien on the Collateral (including the Patent Trademark Collateral). The Security Agreement, and all rights and interests of the Collateral Agent in and to the Collateral (including the Patent Trademark Collateral) thereunder, are hereby ratified and confirmed in all respects. In no event shall this Agreement, the grant, assignment, transfer and conveyance of the Patent Trademark Collateral hereunder, or the recordation of this Agreement (or any other document hereunder) with the PTO, adversely affect or impair, in any way or to any extent, the Security Agreement, the security interest of the Collateral Agent in the Collateral (including the Patent Trademark Collateral) pursuant to the Security Agreement, the attachment and perfection of such security interest under the UCC (including the security interest in the Patent Trademark Collateral), or any present or future rights and interests of the Collateral Agent in and to the Collateral under or in connection with the Security Agreement or the UCC. Any and all rights and interests of the Collateral Agent in and to the Patent Trademark Collateral (and any and all obligations of the Grantors Grantor 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 Collateral Agent (and the obligations of the GrantorsGrantor) in, to or with respect to the Collateral (including the Patent Trademark Collateral) provided in or arising under or in connection with the Security Agreement and shall not be in derogation thereof.

Appears in 2 contracts

Samples: Patent Security and Pledge Agreement (Vector Group LTD), Patent Security and Pledge Agreement (Vector Group LTD)

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