Grant of Nonexclusive License. The Borrower hereby grants to the Agent a royalty free nonexclusive irrevocable license to use, apply, and affix any trademark, trade name, logo, or the like in which the Borrower now or hereafter has rights, such license being with respect to the Agent's exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.
Grant of Nonexclusive License. The Borrower hereby grants to the Lender a royalty free nonexclusive irrevocable license to use, apply, and affix any trademark, trade name, logo, or the like in which the Borrower now or hereafter has rights, such license being with respect to the Lender's exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.
Grant of Nonexclusive License. The Borrower hereby grants to the Agent a royalty free nonexclusive irrevocable license, exercisable upon the occurrence, and during the continuance, of an Event of Default, to use, apply, and affix any trademark, trade name, logo, or the like in which the Borrower now or hereafter has rights, such license being with respect to the Agent’s exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory. In exercising its rights under such license, the Agent shall use reasonable efforts to preserve and maintain any such trademark, trade name, or logo, but nothing contained herein shall obligate the Agent to undertake (or refrain from undertaking) any specific action and neither the Agent nor any Lender shall, under any circumstances, have any liability to the Borrower, except for such which are a result of the Agent’s or such Lender’s gross negligence or willful misconduct.
Grant of Nonexclusive License. Except to the extent prohibited by a Borrower’s contractual obligations, which prohibition has been disclosed to the Administrative Agent, each Borrower hereby grants to the Collateral Agent a royalty free, nonexclusive and irrevocable license to use, apply, and affix any trademark, trade name, logo, or the like in which any Borrower now or hereafter has rights, such license being with respect to the Collateral Agent’s exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.
Grant of Nonexclusive License. In connection with the Collateral Agent' exercise of the Collateral Agent' rights under this Article 12, each Borrower hereby grants to the Collateral Agent a royalty free nonexclusive irrevocable license to use, apply, and affix any trademark, trade name, logo, or the like in which any Borrower now or hereafter has rights, such license being with respect to the Collateral Agent' exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.
Grant of Nonexclusive License. Each Obligor hereby grants to the Collateral Agent a royalty free nonexclusive irrevocable license to use, apply, and affix any trademark, trade name, logo, or the like in which that Obligor now or hereafter has rights, such license being with respect to the Collateral Agent’s exercise of the rights hereunder including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.
Grant of Nonexclusive License. Each Borrower and Guarantor hereby grants to the Agent a royalty free nonexclusive irrevocable license, subject to the terms of any applicable licensing agreement, with any third party licensor, to use, apply, and affix any trademark, trade name, logo, or the like in which the Borrower or Guarantor, as the case may be, now or hereafter has rights, such license being with respect to the Agent's exercise of the rights hereunder, in connection with any sale or other disposition of Inventory.
Grant of Nonexclusive License. Solely for the purpose of enabling the Collateral Agent to exercise rights and remedies under this Section 5 and upon the occurrence and during the continuance of an Event of Default, each Grantor hereby grants to the Collateral Agent a royalty free, nonexclusive, irrevocable license (which license shall terminate after giving effect to the Termination Date) to use, apply, and affix any trademark, trade name, logo, or the like in which such Grantor now or hereafter has any rights, such license being with respect to the Collateral Agent’s exercise of the rights hereunder, including, without limitation, in connection with any completion of the manufacture of Inventory or sale or other disposition of Inventory.
Grant of Nonexclusive License. Each Borrower hereby grants to the Administrative Agent a royalty free nonexclusive irrevocable license during the existence of an Event of Default and subject to the rights of any third Person (including, without limitation, any lessor under a Lease) and Applicable Law (a) to use, apply, and affix any trademark, trade name, logo, or the like in which any Borrower now or hereafter has rights, such license being with respect to the Administrative Agent's exercise of the rights hereunder including, without limitation, in connection with any completion of the sale or other disposition of Inventory, and (b) to use any or all furniture, fixtures and equipment located at any of the stores or other leased facilities of the Borrowers in connection with any completion of the sale or other disposition of Inventory, and (c) to use any or all intellectual property, general intangibles (including, without limitation, the Borrowers' trade names), books, records, and information relating to the Collateral and/or to the operation of each Borrower's business, and all rights of access to such books, records, and information, and all property in which such books, records, and information are stored, recorded, and maintained, and other assets of each Borrower.
Grant of Nonexclusive License. USHBC hereby grants Licensee the nonexclusive, nontransferable right to use the Xxxx/Logos/Taglines in connection with the promotion and marketing of blueberries and in all advertising and promotion of blueberries, both in the United States and outside. These rights are granted provided that the Licensee offers the goods and services in accordance with the quality standards and specifications of the USHBC Grab A Boost of Blue Style Guidelines, which the USHBC may update from time to time, or with the express prior written consent of USHBC. USHBC will not charge a fee for the use of its Xxxx/Logos/Taglines.
