Common use of Foreign Intellectual Property Clause in Contracts

Foreign Intellectual Property. If as of the last day of any fiscal quarter of the Parent, net revenues from sales in jurisdictions outside the United States of America during the four fiscal quarter period ended on such date exceeds 5% of the total net revenues of the Parent and its Subsidiaries for such period, the Borrower and each Guarantor shall promptly execute and deliver such documents and do such acts and things as the Administrative Agent or the Required Lenders may reasonably request in order to provide for or perfect Liens on all patents, patent licenses, trademarks, trademark licenses and other intellectual property in each case registered in the applicable jurisdictions giving rise to such net revenues; provided, however, that no such grant or perfection of Liens shall be required with respect to any single jurisdiction giving rise to net revenues less than $100,000 in such four fiscal quarter period.