UK Grantor definition
Examples of UK Grantor in a sentence
Each Grantor (other than a UK Grantor) shall promptly notify the Notes Collateral Agent of any Commercial Tort Claims for which such Grantor has filed complaint(s) in court(s) of competent jurisdiction and such Grantor shall update Schedule 6 of the Perfection Certificate, thereby granting to the Notes Collateral Agent a security interest in such Commercial Tort Claim(s).
The requirement in the preceding sentence shall not apply to the extent that the amount of such Commercial Tort Claim does not exceed $35,000,000 held by each Grantor (other than a UK Grantor) or to the extent such Grantor shall have previously notified the Notes Collateral Agent with respect to any previously held or acquired Commercial Tort Claim.
As of the Issue Date, Schedule 4 of the Perfection Certificate sets forth a true and accurate list of all Collateral consisting of United States Patents, federal United States Trademarks and United States Copyrights, in each case, that are owned by any Grantor (other than a UK Grantor) and are registered, issued or applied-for in the USPTO or United States Copyright Office.
To the extent there is any conflict or inconsistency between this Agreement and the English Security Documents executed by any UK Grantor, as such English Security Documents relate to Collateral pledged by such UK Grantor located in England and/or Wales or Pledged Collateral subject to any legal charge that constitutes part of the English Security Documents, such English Security Documents shall control.