During the continuation of an Event of Default, Administrative Agent may require that each Grantor assign all of its right, title, and interest in and to the Intellectual Property or any part thereof to Administrative Agent or such other Person as Administrative Agent may designate pursuant to documents satisfactory to Administrative Agent. If no Event of Default has occurred, Grantors shall have the exclusive right and license to use the Intellectual Property in the ordinary course of business and the exclusive right to grant to other persons licenses and sublicenses with respect to the Intellectual Property for full and fair consideration.