Contract analysis
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Contract analysis / ip-security-agreement-execution.docx
ip-security-agreement-execution.docx
High · 1
Medium · 0
Standard · 0
1. Each item of intellectual property listed above is owned solely and exclusively by the
High
⚑ Non-compete / exclusivity restraint
1. Each item of intellectual property listed above is owned solely and exclusively by the Grantor.
2. Each item of intellectual property listed above is subject to the security interest gr
2. Each item of intellectual property listed above is subject to the security interest granted under the IP Security Agreement and the Security Agreement in favor of the Collateral Agent for the benefit of the Secured Parties.
3. The representations and warranties of the Grantor set forth in Section 4 of the IP Sec
3. The representations and warranties of the Grantor set forth in Section 4 of the IP Security Agreement are true and correct in all material respects with respect to each item of intellectual property listed above, as of the date hereof.
4. The Grantor has not assigned, transferred, pledged, or otherwise encumbered any of the
4. The Grantor has not assigned, transferred, pledged, or otherwise encumbered any of the intellectual property listed above, other than as contemplated by the IP Security Agreement and the Security Agreement. The Grantor hereby authorizes the Collateral Agent to record this Supplement with the United States Patent and Trademark Office and to take any other action reasonably necessary to perfect the security interest