Examples of Security Agreement Disclosure Letter in a sentence
To the knowledge of such Debtor, the right, title and interest of the applicable Debtor in, to and under each Patent License, Copyright License and Trademark License listed on Schedule 1.1 to the Security Agreement Disclosure Letter is not subject to any defense, offset, counterclaim or claim.
No consent or authorization of, filing with or other act by or in respect of any Governmental Authority is required in connection with the execution, delivery, performance, validity or enforceability of any of the Patent Licenses, Copyright Licenses or Trademark Licenses listed on Schedule 1.1 to the Security Agreement Disclosure Letter by any party thereto other than those which have been duly obtained, made or performed and are in full force and effect.
Neither the Debtors nor (to the knowledge of any Debtor) any other party to any Patent License, Copyright License or Trademark License listed on Schedule 1.1 to the Security Agreement Disclosure Letter is in default in the performance or observance of any of the terms thereof, except for such defaults as would not reasonably be expected, in the aggregate, to have a material adverse effect on the value of the Intellectual Property Collateral.
To the Debtors’ knowledge, there is no infringement or unauthorized use of any item of Intellectual Property Collateral contained on Schedule 1.1 to the Security Agreement Disclosure Letter or as otherwise disclosed to the Agent in writing that could reasonably be expected to have a Material Adverse Effect.
As of the date hereof, all Deposit Accounts, cash collateral accounts or investment accounts of each Debtor (except for those Deposit Accounts, cash collateral accounts or investment accounts located with the Agent) are located at the banks specified on Schedule 3.3(b) to the Security Agreement Disclosure Letter which Schedule sets forth the true and correct name of each bank where such accounts are located, such bank’s address, the type of account and the account number.
Each Debtor has made all necessary filings and recordations to protect and maintain its interest in the Trademarks, Patents and Copyrights set forth on Schedule 1.1 to the Security Agreement Disclosure Letter, including, without limitation, all necessary filings and recordings, and payments of all maintenance fees, in the United States Patent and Trademark Office and United States Copyright Office, in each case to the extent such Trademarks, Patents and Copyrights are material to such Debtor’s business.
The Pledged Shares constitute the percentage of the issued and outstanding shares of stock, partnership units or membership interests of the issuers thereof indicated on Schedule 1.2 to the Security Agreement Disclosure Letter and such Schedule contains a description of all shares of capital stock, membership interests and other equity interests of or in any Subsidiaries owned by such Debtor.
As of the date hereof, except as set forth on Schedule 3.3(c) to the Security Agreement Disclosure Letter, none of the Inventory or Equipment with a value in excess of $50,000 of such Debtor (other than trailers, rolling stock, vessels, aircraft and Vehicles) is evidenced by a Document (including, without limitation, a negotiable document of title).
No consent of any party (other than such Debtor) to any Patent License, Copyright License or Trademark License listed on Schedule 1.1 to the Security Agreement Disclosure Letter is required to be obtained by or on behalf of such Debtor in connection with the execution, delivery and performance of this Agreement that has not been obtained.
The information set forth in Annex 1-A hereto is hereby added to the information set forth in the Schedules to the Security Agreement Disclosure Letter.