EX-10.11 5 d448022dex1011.htm EX-10.11 EX-10.11

Exhibit 10.11

EXECUTION VERSION

TRADEMARK SECURITY AGREEMENT

Trademark Security Agreement, dated as of December 1, 2009, by BUSCH ENTERTAINMENT 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]


BUSCH ENTERTAINMENT 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


Schedule I

to

TRADEMARK SECURITY AGREEMENT

UNITED STATES TRADEMARK REGISTRATIONS AND APPLICATIONS

Trademark Registrations:

 

TRADEMARK

   REGISTRATION NUMBER

ABBEY STONE THEATRE

   2640594

ADVENTURE CAMPS and Design (Whale Shark Penguin Zebra)

   2873032

ADVENTURE ISLAND

   2046955

ADVENTURE ISLAND

   1945898

ADVENTURE ISLAND

   1963124

ADVENTURE ISLAND

   1963123

ADVENTURE ISLAND

   1951270

AGONY EXPRESS

   2778522

ALPENGEIST

   2113059

APOLLO’S CHARIOT

   2261705

APOLLO’S CHARIOT and Design

   2363258

AQUATICA

   3446885

AQUATICA SEAWORLD’S WATERPARK

   3446880

AQUAZOID

   2181254

AQUAZOID and Design

   2181469

ARE YOU THERE YET?

   2909302

BAY OF PLAY

   3532005

BEACHIES

   3450627

BIG DADDY FALLS

   1989260

BOUNCE TICKET

   2680234

CARIBBEAN COIN

   1938076

CARIBBEAN CORKSCREW

   2079079

CASABLANCA OUTFITTERS

   2363461

CASABLANCA OUTFITTERS and Design

   2363467

CHEETAH CHASE

   2931990

CHOICE OF ADVENTURE

   2288307

CONGO RIVER RAPIDS

   1275520

CONSERVATION. IT’S IN OUR NATURE

   2289369

CONSERVATION. IT’S IN OUR NATURE

   2182469

CORKSCREW HILL

   3129296

COW-A-BUNGA

   1910495

CROWN COLONY

   3094067

CROWN COLONY HOUSE

   1770567

DAS FESTHAUS

   2540168

DAS FESTHAUS

   1961863

DOLPHIN PLUNGE

   3450631

DUMPHREY THE DRAGON

   2016068

EDGE OF AFRICA

   2150334

EDGE OF AFRICA and Design

   2150891

EDUCATION IS WILD

   2272420

EMERALD ISLE

   2566328


TRADEMARK

   REGISTRATION NUMBER

ESCAPE FROM POMPEII

   2066901

EVERGLIDES

   2077343

FABIAN’S FUNPORT

   1738731

GRIFFON

   3321767

GRISLY GARDENS

   2751216

GWAZI

   2343810

GWAZI

   2293675

GWAZI and Design

   2369469

H2O UFO

   2047459

HOLIDAY IN ROMA

   2458641

HOO ROO RUN

   3450629

HOWL-O-SCREAM

   2322507

HOWL-O-SCREAM

   2701725

HUBBA HUBBA HIGHWAY

   2820503

IMAGINIQUE

   2735522

IRISH THUNDER

   2723152

ISLAND QUEST

   3187294

JUNGALA

   3699370

KATA’S KOOKABURRA COVE

   3446300

KATONGA

   2913947

KILLARNEY

   2610532

KUMBA

   1813175

KUMBA and Design

   1825559

LAGUNA GRILL

   2501008

LAND OF THE DRAGONS

   2059452

LAND OF THE DRAGONS

   2659354

LAND OF THE DRAGONS AND DESIGN

   2057530

LOCH NESS MONSTER

   1121613

LOCH NESS MONSTER DESIGN

   1129697

MALIBU PIPELINE

   1860056

MELTDOWN

   2461282

MONTU

   2137708

MONTU

   2045080

MONTU and Design

   2068969

MYOMBE RESERVE

   1950969

MYOMBE RESERVE: THE GREAT APE DOMAIN

   1779863

MYSTIC SHEIKS OF MOROCCO

   1961760

NATURE’S KINGDOM

   2267157

NITRO RACER

   2300588

PET SHENANIGANS

   2998243

PHOENIX

   1339635

POT O GOLD

   2741597

QUICK QUEUE

   3665785

RACER CHASER

   3489820

RHINO RALLY

   2613246

RHINO RALLY

   2521253

RHINO RALLY and Design

   2678819

RIPPER ROW

   2751217

ROA’S RAPIDS

   3470641

ROCK AROUND THE BLOCK

   2131369


TRADEMARK

   REGISTRATION NUMBER

ROCK AROUND THE BLOCK and Design

   2131392

ROMAN RAPIDS

   1705532

RUNAWAY RAPIDS

   2075560

SCORPION

   1195912

SERENGETI PLAIN

   1972712

SERENGETI SAFARI

   2714927

SHEIKRA

   3072162

SKY SPLASH

   2014224

SLIPPITY DIPPITY

   3489821

SPLASH ATTACK

   2114855

STANLEY FALLS

   1943939

STARFRIGHT ORCHESTRA

   2546610

SULTAN’S SWEETS

   2416792

SUNNIES N SUCH

   3450628

TAUMATA RACER

   3470642

THE BIG BAD WOLF

   1877009

THE DESERT GRILL

   2884182

THE GULF SCREAM

   1311536

THE MEMORY THAT NEVER FADES

   3060376

THE MORTUARY

   2751215

THE SECRETS OF CASTLE O’SULLIVAN

   2548479

TIMBUKTU

   2077342

TOYS OF THE LEPRECHAUN

   2660394

TUT’S TOMB and Design

   2041821

UNITED WE SOAR

   2885276

VAPOR TRAIL

   2200408

VAPOR TRAIL and Design

   2204567

WAHOO RUN

   2445267

WALHALLA WAVE

   3519804

WATER COUNTRY USA

   1398916

WATER MOCCASIN

   1837477

WHANAU WAY

   3470645

WILD CARD

   1943396

WILD CREATIONS

   3281736

WILD INDULGENCE

   2924112

WORLDS OF DISCOVERY

   3437367

WORLDS OF DISCOVERY PARKS

   3432417

XCURSIONS

   3104865

X-ECUTIONERS

   2783247

YOU’RE THIS CLOSE

   3387830

Z1PPITY ZAPPITY

   3489822

ZNN

   2261396

Trademark Applications:

 

TRADEMARK

   SERIAL NUMBER

WHERE WORLDS CONNECT

   77/598661

ADVENTURE CAMPS and Design (Giraffe Dolphins)

   77/820180


TRADEMARK

   SERIAL NUMBER

AQUATICA

   78/713792

AQUATICA SEAWORLD’S WATERPARK

   78/894576

AQUATICA SEAWORLD’S WATERPARK

   78/894480

CRITTER COMPOST

   77/626307

EVERWYLD

   77/735203

ISLAND NIGHTS

   77/768016

SAFARI SOIL

   77/626682

WORLDS OF DISCOVERY and Design (Color)

   77/299722