This document is a collateral assignment of intellectual property. It details the collateral assignment, the scope of the assignment, representations and warranties, default remedies, and all other aspects generally found in an assignment agreement.
New Mexico Collateral Assignment of Intellectual Property
State:
Multi-State
Control #:
US-TC0713
Format:
Word;
PDF;
Rich Text
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This Standard Document assigns to the construction lender as additional security the borrower's interest in construction contracts, including the architect's agreement and general contract, plans and specifications, permits, licenses, guaranties, warranties, entitlements, and other development related documents.
Collateral Assignment of Acquisition Documents means that certain collateral assignment of acquisition documents in connection with the Closing Date Acquisition, pursuant to which the relevant Credit Party, with the written consent of the Seller, collaterally assigns all of its rights, title and interest in, to and ...
Collateral assignment concerns allocating a property's ownership privileges, or a specific interest, to a lender as loan collateral. The lender retains a security interest in the asset until the borrower entirely settles the loan.
A collateral assignment of life insurance is a method of securing a loan by using a life insurance policy as collateral. If you pass away before the loan is repaid, the lender can collect the outstanding loan balance from the death benefit of your life insurance policy.
This is a form of collateral assignment of a material agreement wherein a borrower (the assignor) grants to a lender (the assignee) a collateral security interest in a material contract used in the borrower's business as security for the obligations owing to the lender from the borrower under a credit facility.