TRADEMARK SECURITY AGREEMENT
Exhibit 10.12
EXECUTION VERSION
Trademark Security Agreement, dated as of December 1, 2009, by SEA WORLD LLC (the “Grantor”), in favor of BANK OF AMERICA, N.A., in its capacity as collateral agent pursuant to the Credit Agreement (in such capacity, the “Collateral Agent”).
W I T N E S S E T H:
WHEREAS, the Grantor is party to a Security Agreement dated as of December 1, 2009 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Security Agreement”) in favor of the Collateral Agent pursuant to which the Grantor is required to execute and deliver this Trademark Security Agreement;
NOW, THEREFORE, in consideration of the premises and to induce the Collateral Agent, for the benefit of the Secured Parties, to enter into the Credit Agreement, the Grantor hereby agrees with the Collateral Agent as follows:
SECTION 1. Defined Terms. Unless otherwise defined herein, terms defined in the Security Agreement and used herein have the meaning given to them in the Security Agreement.
SECTION 2. Grant of Security Interest in Trademark Collateral. The Grantor hereby pledges and grants to the Collateral Agent for the benefit of the Secured Parties a lien on and security interest in and to all of its right, title and interest in, to and under all the following Pledged Collateral (excluding any Excluded Assets) of the Grantor:
(a) registered Trademarks of the Grantor listed on Schedule I attached hereto.
SECTION 3. The Security Agreement. The security interest granted pursuant to this Trademark Security Agreement is granted in conjunction with the security interest granted to the Collateral Agent pursuant to the Security Agreement and Grantor hereby acknowledges and affirms that the rights and remedies of the Collateral Agent with respect to the security interest in the Trademarks made and granted hereby are more fully set forth in the Security Agreement. In the event that any provision of this Trademark Security Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement shall control unless the Collateral Agent shall otherwise determine.
SECTION 4. Termination. Upon the termination of the Security Agreement in accordance with Section 6.12 thereof, the Collateral Agent shall, at the expense of the Grantor, execute, acknowledge, and deliver to the Grantor an instrument in writing in recordable form releasing the lien on and security interest in the Trademarks under this Trademark Security Agreement and any other documents required to evidence the termination of the Collateral Agent’s interest in the Trademarks.
SECTION 5. Counterparts. This Trademark Security Agreement may be executed in any number of counterparts, all of which shall constitute one and the same instrument, and any party hereto may execute this Trademark Security Agreement by signing and delivering one or more counterparts.
[Signature pages follow]
| SEA WORLD LLC | ||
| By: | /s/ Xxxxxx X. Xxxxxx | |
| Name: Xxxxxx X. Xxxxxx | ||
| Title: Secretary | ||
Signature Page to Trademark Security Agreement
| BANK OF AMERICA, N.A., as Collateral Agent | ||
| By: | /s/ Xxxxxxx Xxxxx | |
| Name: | Xxxxxxx Xxxxx | |
| Title: | Vice President | |
Signature Page to Trademark Security Agreement
Schedule I
to
TRADEMARK SECURITY AGREEMENT
UNITED STATES TRADEMARK REGISTRATIONS AND APPLICATIONS
Trademark Registrations:
| TRADEMARK |
REGISTRATION NUMBER | |
| 1-800-23-SHAMU |
2146382 | |
| XXXXXX X. TURTLE |
2067304 | |
| BASE STATION WILD ARCTIC |
2134448 | |
| BELIEVE |
3170123 | |
| BELIEVE and Design (Whale) |
3170174 | |
| BLUE HORIZONS |
3077787 | |
| CAMP SEA WORLD |
1780901 | |
| CIRQUE XX XX XXX |
0000000 | |
| Xxxxxx Design |
2605841 | |
| XXXXX & SEAMORE TAKE PIRATE ISLAND |
2267767 | |
| XXXXX AND SEAMORE IN DEEP DEEP TROUBLE |
3057571 | |
| XXXXX SEA LION |
2063489 | |
| COCONUT BAY CAFE |
2421642 | |
| DEEP DEEP TROUBLE |
3050810 | |
| Design (Shamu Partial Upright) |
1690396 | |
| Design (Whale) |
1181571 | |
| DISCOVER THE FEELING |
2953718 | |
| DISCOVERY COVE |
2734920 | |
| DISCOVERY COVE |
2732349 | |
| DISCOVERY COVE |
2732328 | |
| DISCOVERY COVE |
2732306 | |
| DISCOVERY COVE |
2732324 | |
| DISCOVERY COVE |
2587059 | |
| DISCOVERY COVE |
2334447 | |
| DISCOVERY COVE |
2704521 | |
| DISCOVERY COVE |
2704510 | |
| DISCOVERY COVE |
2704533 | |
| DISCOVERY COVE |
2734945 | |
| DISCOVERY COVE |
2093930 | |
| DISCOVERY COVE |
2729340 | |
| DISCOVERY COVE and Design (Dolphin Swimmer) |
2528945 | |
| DISCOVERY COVE and Design (Dolphin Swimmer) |
2702548 | |
| DISCOVERY COVE and Design (Dolphin Swimmer) |
2704509 | |
| DISCOVERY COVE and Design (Dolphin Swimmer) |
2702546 | |
| DISCOVERY COVE and Design (Dolphin Swimmer) |
2734946 | |
| DISCOVERY COVE and Design (Dolphin Swimmer) |
2732333 | |
| DISCOVERY COVE and Design (Dolphin Swimmer) |
2732330 | |
| DISCOVERY COVE and Design (Dolphin Swimmer) |
2732325 | |
| DISCOVERY COVE and Design (Dolphin Swimmer) |
2734923 | |
| DISCOVERY COVE and Design (Dolphin Swimmer) |
2747333 | |
| DOLLY DOLPHIN |
2073942 |
| TRADEMARK |
REGISTRATION NUMBER | |
| DOLPHIN COVE |
2010682 | |
| Dolphin Swimmer Design |
3694609 | |
| Fin Design |
2199946 | |
| Fin Design |
2241320 | |
| FORBIDDEN REEF |
2185909 | |
| FUSION |
2933209 | |
| HALLOWEEN SPOOKTACULAR |
1853881 | |
| HIGH SEAS |
2918909 | |
| Ice Cream Bar Design |
1744703 | |
| KAT ‘N’ KABOODLE |
2828063 | |
| KEY WEST |
2158007 | |
| KEY WEST AT SEA WORLD |
2159828 | |
| KEY WEST AT SEA WORLD and Design |
2154552 | |
| KEY WEST RAPIDS |
2011035 | |
| KRAKEN |
2435797 | |
| KRAKEN |
2434132 | |
| KRAKEN |
2434131 | |
| LIL’ GATORS LAGOON |
2258063 | |
| LOST LAGOON |
1850440 | |
| MAKAHIKI LUAU |
2950004 | |
| MAMA STELLA’S |
1954934 | |
| MANATEE RESCUE |
2221515 | |
| MANATEES: THE LAST GENERATION? |
1827785 | |
| MANGO JOE’S |
1913982 | |
| MANTA |
3648420 | |
| MILES MANATEE |
1917453 | |
| MISTIFY |
2970322 | |
| MYSTIQUE DE LA MER and Design |
2883582 | |
| O.P. OTTER |
2071882 | |
| PACIFIC POINT PRESERVE |
1855378 | |
| PENGUIN ENCOUNTER |
1874287 | |
| XXXXX PENGUIN |
2071884 | |
| XXXX PENGUIN |
2071885 | |
| PETS AHOY |
2547356 | |
| PETS RULE! |
2670205 | |
| PETS RULE! and Design |
2680440 | |
| PET TALES |
2732319 | |
| PIRATES 4D |
2526741 | |
| PIRATES and Design |
0000000 | |
| PORTS OF CALL |
0000000 | |
| PRAISE WAVE |
2817269 | |
| RICO & ROZA’S MUSICAL FEAST |
2828062 | |
| RIO LOCO |
1702645 | |
| ROCKIN’ SKI PARTY |
2704057 | |
| ROCKY POINT PRESERVE |
1851175 | |
| SEA TO SHINING SEA |
2795895 | |
| SEA WORLD |
1879779 | |
| SEA WORLD |
1913439 | |
| SEA WORLD |
1828282 | |
| SEA WORLD |
1841785 |
| TRADEMARK |
REGISTRATION NUMBER | |
| SEA WORLD |
1911559 | |
| SEA WORLD |
1811881 | |
| SEA WORLD |
1195498 | |
| SEA WORLD |
1832770 | |
| SEA WORLD |
1811840 | |
| SEA WORLD |
1907329 | |
| SEA WORLD |
1907192 | |
| SEA WORLD |
3512461 | |
| SEA WORLD |
1702218 | |
| SEA WORLD ADVENTURE PARK and Design (Fin) |
2199930 | |
| SEA WORLD ADVENTURE PARK and Design (Fin) |
2233027 | |
| SEA WORLD ADVENTURE PARK and Design (Fin) |
2556318 | |
| SEA WORLD ADVENTURE PARK and Design (Fin) |
2605054 | |
| SEA WORLD ADVENTURE PARK and Design (Fin) |
2538463 | |
| SEA WORLD ADVENTURE PARK and Design (Fin) |
2229670 | |
| SEA WORLD ADVENTURE PARK and Design (Fin) |
2556320 | |
| SEA WORLD ADVENTURE PARK and Design (Fin) |
2556319 | |
| SEA WORLD INTERNATIONAL CENTER |
1619034 | |
| Sea World International Center Globe Design |
1634342 | |
| SEAFARI |
1852695 | |
| SEAMORE SEA LION |
2061556 | |
| SEASIDE LIVING |
2924408 | |
| SEAWORLD |
2815140 | |
| SEAWORLD |
3569923 | |
| SHAMU |
1261685 | |
| SHAMU |
1909982 | |
| SHAMU |
1798255 | |
| SHAMU |
1684584 | |
| SHAMU |
1911501 | |
| SHAMU & CREW |
2269206 | |
| SHAMU & YOU |
1811910 | |
| SHAMU (Stylized) and Design (Whale Tale Fluke) |
3120795 | |
| SHAMU (and design) |
2723866 | |
| SHAMU and Design (Bug) |
2543194 | |
| SHAMU and Design (Bug) |
2237823 | |
| SHAMU (and design) |
2243858 | |
| SHAMU EXPRESS |
2906829 | |
| SHAMU ROCKS |
3397859 | |
| SHAMU TV |
1849647 | |
| SHAMU TV AND DESIGN |
1931166 | |
| Shamu Upright Whale Design |
1764609 | |
| SHAMU: CLOSE UP |
2001341 | |
| SHAMU’S HAPPY HARBOR |
1874285 | |
| SHAMU’S HAPPY HARBOR and Design |
1758872 | |
| SHAMU’S HOUSE OF DOUSE |
2393715 | |
| SHAMU’S HOUSE OF DOUSE |
2373258 | |
| SHARK ENCOUNTER |
1783001 | |
| SHARK ENCOUNTER and Design (Wave Fin) |
2780543 | |
| SHARKS DEEP DIVE |
2757054 | |
| SHARKS DEEP DIVE and Design (Wave Fin) |
2798936 |
| TRADEMARK |
REGISTRATION NUMBER | |
| SHARKS UNDERWATER GRILL |
2878244 | |
| SHARKS UNDERWATER GRILL and Design (Wave Fin) |
2878363 | |
| SHIPWRECK RAPIDS |
2323478 | |
| SHIPWRECK REEF CAFE |
2279897 | |
| SHIPWRECK REEF CAFE |
2278386 | |
| XXXXXXX |
2261198 | |
| SIMPLY SHAMU |
3228854 | |
| XXX XXXXXXX WALRUS |
2073954 | |
| SKY TUBIN’ |
1959383 | |
| SMOKY CREEK GRILL |
2286638 | |
| SPLASH OF MATH |
2443976 | |
| STEEL EEL |
2294784 | |
| STEEL EEL |
2321830 | |
| STEEL EEL and Design |
2363917 | |
| STINGRAY LAGOON |
2049989 | |
| SWEET SAILIN’ CANDY |
2274487 | |
| TERRORS OF THE DEEP |
1683318 | |
| TEXAS SPLASHDOWN |
2087393 | |
| THE GREAT WHITE |
2105885 | |
| THE GREAT WHITE and Design |
2227129 | |
| THE OYSTER’S SECRET |
3001658 | |
| THE SHAMU ADVENTURE |
2240701 | |
| THE WATERFRONT AT SEA WORLD |
2778589 | |
| THE WATERFRONT AT SEA WORLD and Design |
2778602 | |
| TOUCH A WORLD THAT TOUCHES YOU |
3063562 | |
| TURTLE POINT |
2065194 | |
| TWILIGHT DISCOVERY |
3132539 | |
| VIVA and Design |
2592853 | |
| VIVA LA MUSICA |
2771186 | |
| VIVA! |
2586523 | |
| VOYAGERS WOOD FIRED PIZZA |
2852066 | |
| WILD ARCTIC |
1997470 | |
| WILDOPEDIA |
2891568 |
Trademark Applications:
| TRADEMARK |
SERIAL NUMBER | |
| WHERE WORLDS CONNECT |
77/412582 |
