IP Collateral definition

IP Collateral means, collectively, the Intellectual Property that constitutes Collateral under the Security Agreement.

IP Collateral means all “Intellectual Property Collateral” referred to in the Collateral Documents and all of the other IP Rights that are or are required by the terms hereof or of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties.

IP Collateral shall have the meaning assigned to such term in Section 2 hereof.

Examples of IP Collateral in a sentence

• Each Grantor does hereby acknowledge and confirm that the grant of the security interest hereunder to, and the rights and remedies of, the Collateral Agent with respect to the IP Collateral are more fully set forth in the Security Agreement, the terms and provisions of which are incorporated herein by reference as if fully set forth herein.

• All provisions of the Security Agreement shall apply to the IP Collateral.

• The Collateral Agent shall have the same rights, remedies, powers, privileges and discretions with respect to the security interests created in the IP Collateral as in all other Collateral.

• In the event of a conflict between this Agreement and the Security Agreement, the terms of this Agreement shall control with respect to the IP Collateral and the Security Agreement with respect to all other Collateral.

• To such Grantor’s knowledge, no Person is engaging in any activity that infringes, misappropriates, dilutes, misuses or otherwise violates the material IP Collateral or the Grantor’s rights in or use thereof.

More Definitions of IP Collateral

IP Collateral means, collectively, the Collateral under the Company Patent and Trademark Security Agreement and the Subsidiary Patent and Trademark Security Agreements.

IP Collateral means, collectively, the Intellectual Property that constitutes Collateral under the Pledge and Security Agreement.

IP Collateral has the meaning set forth in the Security Agreement.

IP Collateral means, collectively, the Intellectual Property that constitutes Collateral.

IP Collateral means, with respect to any Grantor, the Article 9 Collateral consisting of Intellectual Property of such Grantor.

IP Collateral means the intellectual property Collateral under the Security Agreement.

IP Collateral means, collectively, any Collateral which is intellectual property of a Credit Party.