Trademarks / Patents definition
Examples of Trademarks / Patents in a sentence
Yes / No (If “yes”, please list below and complete the attached Addendum to Intellectual Property Security Agreement) Trademarks: ___________________________________________________ Patents: _______________________________________________________ Copyrights: ______________________________________________________ Comments Regarding Exceptions: See Attached.
The Grantor hereby grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a security interest in and to all of such Grantor’s right, title and interest in and to the [Trademarks / Patents / Copyrights] (including, without limitation, those items listed on Schedule A hereto), as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of such Grantor’s Obligations.
Upon termination, all rights and obligations under the Agreement automatically terminate except for rights of action occurring prior to termination, payment obligations, including your obligations under Indemnification, Limitation of Liability, Customer Information, Privacy & Confidentiality Sections, Copyrights, Trademarks & Patents and Miscellaneous Sections.