Grant of Security Interest in Copyrights. Each Grantor hereby grants, assigns and transfers to the Collateral Agents, and hereby grants to the Collateral Agents an equal and ratable security interest and continuing lien for the ratable benefit of the Secured Parties on all of such Grantor’s right, title and interest in, to and under the Copyrights and Copyright Licenses, including the Copyrights and Copyright Licenses listed in Schedule I, in each case whether now owned or existing or hereafter acquired or arising (collectively, the “Copyright Collateral”).
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Sources: Subordinated Credit Agreement (Virgin Mobile USA, Inc.)
Grant of Security Interest in Copyrights. Each Grantor hereby grants, assigns and transfers to the Collateral AgentsAgent, and hereby grants to the Collateral Agents an equal and ratable security interest and continuing lien Agent for the ratable benefit of the Secured Parties a security interest and continuing lien on all of such Grantor’s right, title and interest in, to and under the Copyrights and Copyright Licenses, including the Copyrights and Copyright Licenses listed in Schedule I, in each case whether now owned or existing or hereafter acquired or arising (collectively, the “Copyright Collateral”).
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