Common use of Intellectual Property Collateral Agreements Clause in Contracts

Intellectual Property Collateral Agreements. (a) The Agent shall have received an intellectual property collateral agreement (as amended, restated, modified or supplemented from time to time in accordance with the terms hereof and thereof, the “U.S. Intellectual Property Collateral Agreement”) for filing at the U.S. Patent and Trademark Office with respect to any registered patents or trademarks of the U.S. Borrower or other Loan Parties to the extent that an effective filing respecting the same is not on record. (b) The Agent shall have received an intellectual property collateral agreement (as amended, restated, modified or supplemented from time to time in accordance with the terms hereof and thereof, the “Canadian Intellectual Property Collateral Agreement”) for filing at the Canadian Intellectual Property Office with respect to any registered patents or trademarks of the Canadian Borrower or any Canadian Subsidiaries to the extent that an effective filing respecting the same is not on record.

Intellectual Property Collateral Agreements. (a) The Agent shall have received an intellectual property collateral agreement (as amended, restated, modified or supplemented from time to time in accordance with the terms hereof and thereof, the “U.S. Intellectual Property Collateral Agreement”) for filing at the U.S. Patent and Trademark Office with respect to any registered patents or trademarks of the U.S. Borrower or other Loan Parties to the extent that an effective filing respecting the same is not on record. (b) The Agent shall have received an intellectual property collateral agreement (as amended, restated, modified or supplemented from time to time in accordance with the terms hereof and thereof, the “Canadian Intellectual Property Collateral Agreement”) for filing at the Canadian Intellectual Property Office with respect to any registered patents or trademarks of the Canadian Borrower or any Canadian Subsidiaries to the extent that an effective filing respecting the same is not on recordSubsidiaries.