IDS Collateral. Means all right, title and interest in and to all of Trademarks, Patents, Copyrights, domain names and other general intangible property of IDS, all trade secrets, intellectual property rights in IDS' computer software and computer software products, design rights which may be available, owned or licensed to IDS, all income, royalties, damages and payments now or hereafter due and/or payable under any of the foregoing or with respect to any of the foregoing of IDS' rights
... to proceeds arising from any and all claims for damages by way of past, present and future infringement of any Collateral with the right but not the obligation to sue on behalf of and collect such damages for said use or infringement of the Copyrights, Patents or Trademarks, and IDS' rights with respect to licenses granted by IDS to third parties or licensed to IDS to use any of the Copyrights, domain names, Patents or Trademarks, and all license fees and royalties due to IDS arising from such use to the extent permitted by such license or rights, all of which are now or hereafter existing, created, acquired or held. The term "IDS Collateral" shall include all of the foregoing items, whether presently owned or existing or hereafter acquired or coming into existence, all of IDS' additions and accessions thereto, all of IDS' substitutions and replacements thereof, and all of IDS' proceeds, products and accounts thereof, including without limitation all proceeds from the licensing or sale or other transfer of Collateral and of insurance covering the same and of any tort claims in connection therewith.
View More
