Franchise IP definition

Franchise IP means all of the IP Holder's intellectual property rights, of any kind throughout the world, that are related to, or exploitable in connection with, the business conducted under the Sonic Brand or offering and/or selling related goods and services throughout the world, or in serving as a “franchisor” of the System, or in otherwise administering the System, including, without limitation, all such (a) Trademarks; (b) domain names; (c) Patents; (d) Copyrights; (e) Know-How; (f) registrations, applications, reservations, renewals or extensions, relating to any of the foregoing; and (g) the right to bring an action at law or in equity for any infringement, dilution, or violation of, and to collect all damages, settlement and proceeds relating to, any of the foregoing, including, without limitation, the After-Acquired IP Assets.
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Franchise IP means all of the IP Holder’s intellectual property rights, of any kind throughout the world, that are related to, or exploitable in connection with, the Sonic Brand or offering and/or selling related goods and services throughout the world, or in serving as a “franchisor” of the System, or in otherwise administering the System, including, without limitation, all such (a) Trademarks; (b) domain names; (c) Patents; (d) Copyrights; (e) Know-How; (f) After-Acquired IP Assets; (g) registrations, applications, reservations, renewals or extensions, relating to any of the foregoing; and (h) the right to bring an action at law or in equity for any infringement, dilution, or violation of, and to collect all damages, settlement and proceeds relating to, any of the foregoing.
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Examples of Franchise IP in a sentence

  • Each Co-Issuer authorizes the filing of any such financing statement naming the Trustee as secured party and indicating that the Indenture Collateral includes “all assets” of each such Co-Issuer or words of similar effect or import regardless of whether any particular assets comprised in the Indenture Collateral fall within the scope of Article 9 of the UCC, including, without limitation, any and all Franchise IP.

  • The Co-Issuers hereby irrevocably authorize the Secured Parties at any time and from time to time to file or record in any filing office in the United States, any state thereof and any Designated Foreign Country financing statements and other filing or recording documents or instruments with respect to the Indenture Collateral, including, without limitation, any and all Franchise IP, to perfect the security interests of the Trustee for the benefit of the Secured Parties under this Base Indenture.