Trademark Security Agreement - Sea World LLC



 Exhibit 10.12 
 EXECUTION VERSION 
 TRADEMARK SECURITY AGREEMENT 

Trademark Security Agreement, dated as of December 1, 2009, by SEA WORLD LLC (the “Grantor”), in favor of
BANK OF AMERICA, N.A., in its capacity as collateral agent pursuant to the Credit Agreement (in such capacity, the “Collateral Agent”). 
 W I T N E S S E T H: 
 WHEREAS, the Grantor is party to a Security Agreement dated as of December 1, 2009 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Security
Agreement”) in favor of the Collateral Agent pursuant to which the Grantor is required to execute and deliver this Trademark Security Agreement; 
 NOW, THEREFORE, in consideration of the premises and to induce the Collateral Agent, for the benefit of the Secured Parties, to enter into the Credit Agreement, the Grantor hereby agrees with the
Collateral Agent as follows: 
 SECTION 1. Defined Terms. Unless otherwise defined herein, terms defined in the Security
Agreement and used herein have the meaning given to them in the Security Agreement. 
 SECTION 2. Grant of Security Interest
in Trademark Collateral. The Grantor hereby pledges and grants to the Collateral Agent for the benefit of the Secured Parties a lien on and security interest in and to all of its right, title and interest in, to and under all the following
Pledged Collateral (excluding any Excluded Assets) of the Grantor: 
 (a) registered Trademarks of the Grantor listed on Schedule
I attached hereto. 
 SECTION 3. The Security Agreement. The security interest granted pursuant to this Trademark
Security Agreement is granted in conjunction with the security interest granted to the Collateral Agent pursuant to the Security Agreement and Grantor hereby acknowledges and affirms that the rights and remedies of the Collateral Agent with respect
to the security interest in the Trademarks made and granted hereby are more fully set forth in the Security Agreement. In the event that any provision of this Trademark Security Agreement is deemed to conflict with the Security Agreement, the
provisions of the Security Agreement shall control unless the Collateral Agent shall otherwise determine. 
 SECTION 4.
Termination. Upon the termination of the Security Agreement in accordance with Section 6.12 thereof, the Collateral Agent shall, at the expense of the Grantor, execute, acknowledge, and deliver to the Grantor an instrument in writing in
recordable form releasing the lien on and security interest in the Trademarks under this Trademark Security Agreement and any other documents required to evidence the termination of the Collateral Agent’s interest in the Trademarks. 

SECTION 5. Counterparts. This Trademark Security Agreement may be executed in any number of counterparts, all of which shall
constitute one and the same instrument, and any party hereto may execute this Trademark Security Agreement by signing and delivering one or more counterparts. 
 [Signature pages follow] 







 
			
	SEA WORLD LLC
		
	By:	 	/s/ Howard J. Demsky
		 	Name: Howard J. Demsky
		 	Title: Secretary



  
 Signature
Page to Trademark Security Agreement 








 
			
	 BANK OF AMERICA, N.A.,
 as Collateral Agent

		
	By:	 	/s/ Liliana Claar
	Name:	 	Liliana Claar
	Title:	 	Vice President



  
 Signature
Page to Trademark Security Agreement