Patent, Trademark, And License Collateral Assignment

Patent, Trademark, And License Collateral Assignment
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$9.95


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(Excerpt)

THIS PATENT, TRADEMARK, AND LICENSE ASSIGNMENT (Assignment) is made as of this [date], by and between [name], a [state] corporation with an office located at [address], not in its individual capacity but as agent (Agent) for Lenders (as defined below) and [name] (Assignor), a [name] corporation with an office at [address].

W I T N E S S E T H :

WHEREAS, Assignor has agreed to grant to Agent, for its benefit and the ratable benefit of Lenders, a first priority security interest in substantially all of its assets to secure the payment of all amounts owing by Assignor under that certain Loan Agreement, dated as of [date] (as amended, supplemented or modified from time to time, the Loan Agreement) by and among Assignor, Lenders (as defined therein), Agent, as agent for Lenders; and

WHEREAS, pursuant to the terms of a Security Agreement dated as of [date] (Security Agreement) by and between Agent and Assignor, Assignor has mortgaged, pledged, and granted to Agent, for its benefit and the ratable benefit of Lenders, a lien on and security interest in all right, title, and interest of Assignor in, to, and under all of Assignor's Patents, Trademarks, and Licenses (as defined below) whether presently existing or hereafter arising or acquired, and any products and proceeds thereof, including, without limitation, any and all causes of action that...

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Product Code PATD35
Condition New

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