Grant of Security Interest in Trademark Collateral. The Grantor hereby pledges, collaterally assigns and grants to the Secured Party to secure the prompt and complete payment and performance of the Obligations, a security interest (referred to in this Trademark Security Agreement as the "Security Interest") in all of the Grantor's right, title and interest in, to and under the following, whether now owned or hereafter acquired or arising (collectively, the "Trademark Collateral"): (a) all of its Trademarks and licenses with respect to Trademarks to which it is a party including those referred to on Schedule I; (b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to Trademarks; and (c) all products and proceeds (as that term is defined in the UCC) of the foregoing, including any claim by the Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any license, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any license with respect to Trademarks.
Appears in 3 contracts
Sources: Trademark Security Agreement (Wisa Technologies, Inc.), Trademark Security Agreement (Wisa Technologies, Inc.), Trademark Security Agreement (Summit Wireless Technologies, Inc.)
Grant of Security Interest in Trademark Collateral. The Grantor hereby pledges, collaterally assigns and grants to the Secured Party to secure the prompt and complete payment and performance of the Obligations, a security interest (referred to in this Trademark Security Agreement as the "“Security Interest"”) in all of the Grantor's ’s right, title and interest in, to and under the following, whether now owned or hereafter acquired or arising (collectively, the "“Trademark Collateral"”):
(a) all of its Trademarks and licenses with respect to Trademarks to which it is a party including those referred to on Schedule I;
(b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to Trademarks; and
(c) all products and proceeds (as that term is defined in the UCC) of the foregoing, including any claim by the Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any license, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any license with respect to Trademarks.
Appears in 3 contracts
Sources: Trademark Security Agreement (PARTS iD, Inc.), Trademark Security Agreement (COMSovereign Holding Corp.), Trademark Security Agreement (COMSovereign Holding Corp.)
Grant of Security Interest in Trademark Collateral. The Each Grantor hereby pledgesunconditionally grants, collaterally assigns assigns, and grants pledges to Agent, for the benefit each Secured Party Party, to secure the prompt and complete payment and performance of the Secured Obligations, a continuing security interest (referred to in this Trademark Security Agreement as the "“Security Interest"”) in all of the such Grantor's ’s right, title and interest in, in and to and under the following, whether now owned or hereafter acquired or arising (collectively, the "“Trademark Collateral"”):
(a) all of its Trademarks and licenses with respect to Trademarks Trademark Licenses to which it is a party including those referred to on Schedule I;
(b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to TrademarksTrademark License; and
(c) all products and proceeds (as that term is defined in the UCCCode) of the foregoing, including any claim by the such Grantor against third parties for past, present or future (i) infringement i)infringement or dilution of any Trademark or any Trademarks exclusively licensed under any licenseTrademark License, including right to receive any damages, (ii) injury ii)injury to the goodwill associated with any Trademark, or (iii) right iii)right to receive license fees, royalties, and other compensation under any license with respect to TrademarksTrademark License.
Appears in 2 contracts
Sources: Trademark Security Agreement (Boot Barn Holdings, Inc.), Trademark Security Agreement (Boot Barn Holdings, Inc.)
Grant of Security Interest in Trademark Collateral. 2.1. The Grantor hereby pledges, collaterally assigns and grants to the Secured Party to secure the prompt and complete payment and performance of the Obligations, a security interest (referred to in this Trademark Security Agreement as the "“Security Interest"”) in all of the Grantor's ’s right, title and interest in, to and under the following, whether now owned or hereafter acquired or arising (collectively, the "“Trademark Collateral"”):
(a) all of its Trademarks and licenses with respect to Trademarks to which it is a party including those referred to on Schedule I;
(b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to Trademarks; and
(c) all products and proceeds (as that term is defined in the UCC) of the foregoing, including any claim by the Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any license, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any license with respect to Trademarks.
2.2. Subject to Section 14 of the Security Agreement, the Grantor’s obligations under this Agreement shall be limited to the actual dollar amount of the Obligations. Any actions taken by the Secured Party or its agent(s) under the provisions of this Trademark Security Agreement upon the occurrence and during the continuance of an Event of Default, including with respect to the authorization to sell, transfer, pledge, make any agreement with respect to or otherwise dispose of or deal with any of the Collateral, shall be limited to the actual dollar amount of the Obligations.
Appears in 2 contracts
Sources: Unit Purchase Agreement (Marizyme Inc), Trademark Security Agreement (Marizyme Inc)
Grant of Security Interest in Trademark Collateral. The Each Grantor hereby pledges, collaterally assigns and unconditionally grants to Collateral Agent, for the benefit of each Secured Party Party, to secure the prompt and complete payment and performance of the Secured Obligations, a continuing security interest (referred to in this Trademark Security Agreement as the "“Security Interest"”) in all of the such Grantor's ’s right, title and interest in, in and to and under the following, whether now owned or hereafter acquired or arising (collectively, the "“Trademark Collateral"”):
(a) all of its Trademarks and licenses with respect to Trademarks Trademark Intellectual Property Licenses to which it is a party including those referred to on Schedule I;
(b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to TrademarksTrademark Intellectual Property License; and
(c) all products and proceeds (as that term is defined in the UCCCode) of the foregoing, including any claim by the such Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any licenseIntellectual Property License, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any license with respect to TrademarksTrademark Intellectual Property License.
Appears in 1 contract
Sources: Security and Pledge Agreement (Horizon Lines, Inc.)
Grant of Security Interest in Trademark Collateral. The Each Grantor hereby pledges, collaterally assigns and unconditionally grants to Agent, for the benefit of each Secured Party Party, to secure the prompt and complete payment and performance of the Secured Obligations, a continuing security interest (referred to in this Trademark Security Agreement as the "“Security Interest"”) in all of the such Grantor's ’s right, title and interest in, in and to and under the following, whether now owned or hereafter acquired or arising (collectively, the "“Trademark Collateral"”):
(a) all of its Trademarks and licenses with respect to Trademarks Trademark Intellectual Property Licenses to which it is a party including those referred to on Schedule I;
(b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to TrademarksTrademark Intellectual Property License; and
(c) all products and proceeds (as that term is defined in the UCCCode) of the foregoing, including any claim by the such Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any licenseIntellectual Property License, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any license with respect to TrademarksTrademark Intellectual Property License.
Appears in 1 contract
Sources: Security and Pledge Agreement (Horizon Lines, Inc.)
Grant of Security Interest in Trademark Collateral. 2.1. The Grantor hereby pledges, collaterally assigns and grants to the Secured Party to secure the prompt and complete payment and performance of the Obligations, a security interest (referred to in this Trademark Security Agreement as the "Security Interest") in all of the Grantor's right, title and interest in, to and under the following, whether now owned or hereafter acquired or arising (collectively, the "Trademark Collateral"):
(a) all of its Trademarks and licenses with respect to Trademarks to which it is a party including those referred to on Schedule I;
(b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to Trademarks; and
(c) all products and proceeds (as that term is defined in the UCC) of the foregoing, including any claim by the Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any license, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any license with respect to Trademarks.
2.2. Subject to Section 14 of the Security Agreement, the Grantor’s obligations under this Agreement shall be limited to the actual dollar amount of the Obligations. Any actions taken by the Secured Party or its agent(s) under the provisions of this Trademark Security Agreement upon the occurrence and during the continuance of an Event of Default, including with respect to the authorization to sell, transfer, pledge, make any agreement with respect to or otherwise dispose of or deal with any of the Collateral, shall be limited to the actual dollar amount of the Obligations.
Appears in 1 contract
Grant of Security Interest in Trademark Collateral. The Each Grantor hereby pledgesunconditionally grants, collaterally assigns assigns, and grants pledges to the Secured Party to secure the prompt and complete payment and performance of the Secured Obligations, a continuing security interest (referred to in this Trademark Security Agreement as the "“Security Interest"”) in all of the such Grantor's ’s right, title and interest in, in and to and under the following, whether now owned or hereafter acquired or arising (collectively, the "“Trademark Collateral"”):
(a) all of its Trademarks and licenses with respect to Trademarks Trademark Intellectual Property Licenses to which it is a party including those referred to on Schedule I;
(b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to TrademarksTrademark Intellectual Property License; and
(c) all products and proceeds (as that term is defined in the UCC) of the foregoing, including any claim by the such Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any licenseIntellectual Property License, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any license with respect to TrademarksTrademark Intellectual Property License.
Appears in 1 contract
Sources: Guaranty and Security Agreement (Dgse Companies Inc)
Grant of Security Interest in Trademark Collateral. The Grantor hereby pledges, collaterally assigns and grants to the Secured Party to secure the prompt and complete payment and performance of the Obligations, a security interest (referred to in this Trademark Security Agreement as the "Security Interest") in all of the Grantor's right, title and interest in, to and under the following, whether now owned or hereafter acquired or arising (collectively, the "Trademark Collateral"):
(a) all of its Trademarks and licenses with respect to Trademarks to which it is a party including those referred to on Schedule I;
(b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to Trademarks; and
(c) all products and proceeds (as that term is defined in the UCC) of the foregoing, including any claim by the Grantor against third parties for past, present or future future
(i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any license, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any license with respect to Trademarks.
Appears in 1 contract
Sources: Trademark Security Agreement (Summit Wireless Technologies, Inc.)
Grant of Security Interest in Trademark Collateral. The Each Grantor hereby pledgesunconditionally grants, collaterally assigns assigns, and grants pledges to the Secured Party Lender, to secure the prompt and complete payment and performance of the Secured Obligations, a continuing security interest (referred to in this Trademark Security Agreement as the "“Security Interest"”) in all of the such Grantor's ’s right, title and interest in, in and to and under the following, whether now owned or hereafter acquired or arising (collectively, the "“Trademark Collateral"”):
(a) all of its Trademarks and licenses with respect to Trademarks Trademark Intellectual Property Licenses to which it is a party including those referred to on Schedule I;
(b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to TrademarksTrademark Intellectual Property License; and
(c) all products and proceeds (as that term is defined in the UCC) of the foregoing, including any claim by the such Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any licenseIntellectual Property License, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any license with respect to TrademarksTrademark Intellectual Property License.
Appears in 1 contract
Grant of Security Interest in Trademark Collateral. The Each Grantor hereby pledgesunconditionally grants, collaterally assigns assigns, and grants pledges to the Secured Party to secure the prompt and complete payment and performance of the Secured Obligations, a continuing security interest (referred to in this Trademark Security Agreement as the "“Security Interest"”) in all of the such Grantor's ’s right, title and interest in, in and to and under the following, whether now owned or hereafter acquired or arising (collectively, the "“Trademark Collateral"”):
(a) all of its Trademarks and licenses with respect to Trademarks Intellectual Property Licenses to which it is a party including those referred to on Schedule II attached hereto;
(b) all goodwill of the business connected with the use of, and symbolized by, each Trademark and each license with respect to TrademarksIntellectual Property License; and
(c) all products and proceeds (as that term is defined in the UCC) of the foregoing, including any claim by the such Grantor against third parties for past, present or future (i) infringement or dilution of any Trademark or any Trademarks exclusively licensed under any licenseIntellectual Property License, including right to receive any damages, (ii) injury to the goodwill associated with any Trademark, or (iii) right to receive license fees, royalties, and other compensation under any license with respect to TrademarksIntellectual Property License.
Appears in 1 contract