Common use of New Intellectual Property Clause in Contracts

New Intellectual Property. Assignor hereby represents and warrants to Assignee for the benefit of the Assignee and the Bank Product Providers that the Intellectual Property listed on Exhibits A, B, C, and D, respectively, constitute all of the Intellectual Property material to the Assignor's business and now owned by Assignor. If, before all Obligations shall have been satisfied in full or before the Credit Agreement has been terminated, Assignor shall (i) become aware of any existing Intellectual Property material to the Assignor's business of which Assignor has not previously informed Assignee, (ii) obtain rights to any new patentable inventions or other Intellectual Property material to the Assignor's business, or (iii) become entitled to the benefit of any Intellectual Property material to the Assignor's business which benefit is not in existence on the date hereof, the provisions of this Security Agreement above shall automatically apply thereto and Assignor shall give to Assignee prompt written notice thereof. Assignor hereby authorizes Assignee to modify this Security Agreement by amending Exhibits A, B, C, and D, as applicable, to include any such Intellectual Property, and to file or refile this Security Agreement with the U.S Patent and Trademark Office and U.S. Copyright Office. Assignor agrees to execute and deliver any and all documents and instruments necessary or advisable to record or preserve Assignee's interest in all Intellectual Property added to Exhibits A, B, C, and D pursuant to this Section.

Appears in 2 contracts

Sources: Intellectual Property Security Agreement (Easylink Services Corp), Intellectual Property Security Agreement (Easylink Services Corp)

New Intellectual Property. Assignor Grantor hereby represents and warrants to Assignee Grantee for the benefit of the Assignee Grantee and the Bank Product Providers other Secured Parties that the Intellectual Property listed on Exhibits A, B, B and C, and D, respectively, constitute all of the Registered Intellectual Property material to the Assignor's business and now owned by AssignorGrantor. Grantor hereby represents and warrants to Grantee for the benefit of Grantee and the other Secured Parties that the Intellectual Property listed on Exhibit C constitute all of the material Licenses now owned by Grantor. If, before all Obligations (other than contingent indemnification obligations) shall have been satisfied in full or before the Credit Agreement has Defeasance thereof shall have been terminatedconsummated, Assignor Grantor shall (i) become aware of any existing Registered Intellectual Property material to the Assignor's business of which Assignor Grantor has not previously informed AssigneeGrantee, (ii) obtain rights to any new patentable inventions or other Registered Intellectual Property material to the Assignor's businessProperty, or (iii) become entitled to the benefit of any material Intellectual Property material to the Assignor's business which benefit is not in existence on the date hereof, the provisions of this Security Agreement above shall automatically apply thereto and Assignor Grantor shall give to Assignee Grantee prompt written notice thereof. Assignor Grantor hereby authorizes Assignee Grantee to modify this Security Agreement by amending Exhibits A, B, C, and D, as applicable, to include any such Intellectual Property, and to Grantee may file or refile this Security Agreement with the U.S United States Patent and Trademark Office and U.S. United States Copyright Office. Assignor Grantor agrees to execute and deliver any and all documents and instruments necessary or advisable to record or preserve AssigneeGrantee's interest in all Intellectual Property added to Exhibits A, B, C, and D pursuant to this Section.

Appears in 2 contracts

Sources: Intellectual Property Security Agreement (Viskase Companies Inc), Intellectual Property Security Agreement (Viskase Companies Inc)

New Intellectual Property. Assignor Grantor hereby represents and warrants to Assignee Grantee for the benefit of the Assignee Grantee and the Bank Product Providers that the Intellectual Property listed on Exhibits A, B, B and C, and D, respectively, constitute all of the Registered Intellectual Property material to the Assignor's business and now owned by AssignorGrantor. Grantor hereby represents and warrants to Grantee for the benefit of Grantee and the Bank Product Providers that the Intellectual Property listed on Exhibit C constitute all of the material Licenses now owned by Grantor. If, before all Obligations shall have been satisfied in full or before the Credit Loan Agreement has been terminated, Assignor Grantor shall (i) become aware of any existing Registered Intellectual Property material to the Assignor's business of which Assignor Grantor has not previously informed AssigneeGrantee, (ii) obtain rights to any new patentable inventions or other Registered Intellectual Property material to the Assignor's businessProperty, or (iii) become entitled to the benefit of any material Intellectual Property material to the Assignor's business which benefit is not in existence on the date hereof, the provisions of this Security Agreement above shall automatically apply thereto and Assignor Grantor shall give to Assignee Grantee prompt written notice thereof. Assignor Grantor hereby authorizes Assignee Grantee to modify this Security Agreement by amending Exhibits A, B, C, and D, as applicable, to include any such Intellectual Property, and to Grantee may file or refile this Security Agreement with the U.S Patent and Trademark Office and U.S. Copyright Office. Assignor Grantor agrees to execute and deliver any and all documents and instruments necessary or advisable to record or preserve AssigneeGrantee's interest in all Intellectual Property added to Exhibits A, B, C, and D pursuant to this Section.

Appears in 2 contracts

Sources: Intellectual Property Security Agreement (Viskase Companies Inc), Intellectual Property Security Agreement (Viskase Companies Inc)

New Intellectual Property. Assignor Grantor hereby represents and warrants to Assignee Grantee for the benefit of the Assignee Grantee and the Bank Product Providers other Secured Parties that the Intellectual Property listed on Exhibits A, B, C, B and D, C respectively, constitute all of the Registered Intellectual Property material to the Assignor's business and now owned by AssignorGrantor. Grantor hereby represents and warrants to Grantee for the benefit of Grantee and the other Secured Parties that the Intellectual Property listed on Exhibit C constitute all of the material Licenses now owned by Grantor, If, before all Obligations (other than contingent indemnification obligations) shall have been satisfied in full or before the Credit Agreement has Defeasance thereof shall have been terminatedconsummated, Assignor Grantor shall (i) become aware of any existing Registered Intellectual Property material to the Assignor's business of which Assignor Grantor has not previously informed AssigneeGrantee, (ii) obtain rights to any new patentable inventions or other Registered Intellectual Property material to the Assignor's businessProperty, or (iii) become entitled to the benefit of any material Intellectual Property material to the Assignor's business which benefit is not in existence on the date hereof, the provisions of this Security Agreement above shall automatically apply thereto and Assignor Grantor shall give to Assignee Grantee prompt written notice thereof. Assignor Grantor hereby authorizes Assignee Grantee to modify this Security Agreement by amending Exhibits A, B, C, B C and D, D as applicable, to include any such Intellectual Property, and to Grantee may file or refile this Security Agreement with the U.S United States Patent and Trademark Office and U.S. United States Copyright Office. Assignor Grantor agrees to execute and deliver any and all documents and instruments necessary or advisable to record or preserve AssigneeGrantee's interest in all Intellectual Property added to Exhibits A, B, C, B C and D pursuant to this Section.

Appears in 1 contract

Sources: Security Agreement (Viskase Companies Inc)