Trademarks and Patents. If Company or any of its Subsidiaries acquires any material patents, trademarks or copyrights, Company shall promptly notify the Collateral Agent of that fact and, if requested by Administrative Agent, Company shall, or cause the applicable Subsidiary to, execute and deliver to Collateral Agent supplemental security agreements and take such other actions AXEL CREDIT AGREEMENT EXECUTION 93 100 as the Collateral Agent may reasonably request to create in favor of Collateral Agent, for the benefit of Secured Parties a valid and perfected First Priority Lien on such patents, trademarks or copyrights.
Appears in 1 contract
Samples: Credit Agreement (JCS Realty Corp)
Trademarks and Patents. If Company or any of its Subsidiaries acquires any material patents, trademarks or copyrights, Company shall promptly notify the Collateral Agent of that fact and, if requested by Administrative Agent, Company shall, or cause the applicable Subsidiary to, execute and deliver to Collateral Agent supplemental security agreements and take such other actions AXEL REVOLVING LOAN CREDIT AGREEMENT EXECUTION 93 100 112 120 as the Collateral Agent may reasonably request to create in favor of Collateral Agent, for the benefit of Secured Parties Parties, a valid and perfected First Priority Lien on such patents, trademarks or copyrights.
Appears in 1 contract
Trademarks and Patents. If Company or any of its Subsidiaries acquires any material patents, trademarks or copyrights, Company shall promptly notify the Collateral Agent of that fact and, if requested by Administrative Agent, Company shall, or cause the applicable Subsidiary to, execute and deliver to Collateral Agent supplemental security agreements and take such other actions AXEL CREDIT AGREEMENT EXECUTION 93 100 as the Collateral Agent may reasonably request to create in favor of Collateral Agent, for the benefit of Secured Parties Parties, a valid and perfected First Priority Lien on such patents, trademarks or copyrights.
Appears in 1 contract
Samples: Revolving Loan Credit Agreement (Amscan Holdings Inc)
Trademarks and Patents. If Company or any of its Subsidiaries acquires any material patents, trademarks or copyrights, Company shall promptly notify the Collateral Agent of that fact and, if requested by Administrative Agent, Company shall, or cause the applicable Subsidiary to, execute and deliver to Collateral Agent supplemental security agreements and take such other actions AXEL CREDIT AGREEMENT EXECUTION 93 100 as the Collateral Agent may reasonably request to create in favor of Collateral Agent, for the benefit of Secured Parties a valid and perfected First Priority Lien on such patents, trademarks or copyrights.
Appears in 1 contract