Term Loan Priority Collateral

Term Loan Priority Collateral. Shall mean the now owned or hereafter arising or acquired trademarks, tradenames, tradestyles, trademark and servicemark applications of Borrowers and Guarantors, whether or not registered, and licenses and rights to use any of the foregoing, and all extensions, renewals, reissues, divisions, continuations and continuations-in-part of any of the foregoing, including any goodwill associated with any trademark or the license of any trademark, and the identifiable proceeds thereof; provided,... however, that for the avoidance of doubt, in no event shall Term Loan Priority Collateral include Inventory (or other goods of Borrowers, Guarantors or any other Obligor) or the proceeds and products thereof. View More