Document ID: 16340

Text:
(b)When the Security Agreement (or a short form thereof) in proper form is filed in the United States Patent and Trademark Office and the United States Copyright Office and when financing statements, releases and other filings in appropriate form are filed in the offices specified on Schedule II of the Security Agreement, the Collateral Agent shall have a fully perfected Lien on, and security interest in, all right, title and interest of the applicable Loan Parties in the Intellectual Property Collateral (as defined in the Security Agreement) in which a security interest may be perfected by filing, recording or registering a security agreement, financing statement or analogous document in the United States Patent and Trademark Office or the United States Copyright Office , as applicable, in each case prior and superior in right to any other Person to the extent required by the Loan Documents, subject to Permitted Encumbrances having priority under applicable Law (it being understood that subsequent recordings in the United States Patent and Trademark Office and the United States Copyright Office may be necessary to perfect a Lien on registered trademarks, trademark applications and copyrights acquired by the Loan Parties after the Effective Date).

Named Entities:
5
6
Title
114
115
Title

Tokenized Text:
(
b
)
When
the
Security
Agreement
(
or
a
short
form
thereof
)
in
proper
form
is
filed
in
the
United
States
Patent
and
Trademark
Office
and
the
United
States
Copyright
Office
and
when
financing
statements
,
releases
and
other
filings
in
appropriate
form
are
filed
in
the
offices
specified
on
Schedule
II
of
the
Security
Agreement
,
the
Collateral
Agent
shall
have
a
fully
perfected
Lien
on
,
and
security
interest
in
,
all
right
,
title
and
interest
of
the
applicable
Loan
Parties
in
the
Intellectual
Property
Collateral
(
as
defined
in
the
Security
Agreement
)
in
which
a
security
interest
may
be
perfected
by
filing
,
recording
or
registering
a
security
agreement
,
financing
statement
or
analogous
document
in
the
United
States
Patent
and
Trademark
Office
or
the
United
States
Copyright
Office
,
as
applicable
,
in
each
case
prior
and
superior
in
right
to
any
other
Person
to
the
extent
required
by
the
Loan
Documents
,
subject
to
Permitted
Encumbrances
having
priority
under
applicable
Law
(
it
being
understood
that
subsequent
recordings
in
the
United
States
Patent
and
Trademark
Office
and
the
United
States
Copyright
Office
may
be
necessary
to
perfect
a
Lien
on
registered
trademarks
,
trademark
applications
and
copyrights
acquired
by
the
Loan
Parties
after
the
Effective
Date
)
.