Common use of Intangible Assets Clause in Contracts

Intangible Assets. Borrower and its Subsidiaries own, or possess the right to use, all trademarks, trade names, copyrights, patents, patent rights, franchises, licenses and other intangible assets that are used in the conduct of their respective businesses as now operated or could obtain such right without causing a Material Adverse Effect, and none of such items, to the best knowledge of Borrower, conflicts with the valid trademark, trade name, copyright, patent, patent right or intangible asset of any other Person to the extent that such conflict has or could reasonably be expected to have a Material Adverse Effect.

Appears in 15 contracts

Samples: General Security Agreement (Identive Group, Inc.), Credit Agreement (Wireless Facilities Inc), Credit Agreement (Quantum Corp /De/)

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Intangible Assets. Each Borrower and its Subsidiaries own, or possess the right to use, all trademarks, trade names, copyrights, patents, patent rights, franchises, licenses and other intangible assets that are used in the conduct of their respective businesses as now operated or could obtain such right without causing a Material Adverse Effect, and none of such items, to the best knowledge of BorrowerBorrowers, conflicts with the valid trademark, trade name, copyright, patent, patent right or intangible asset of any other Person to the extent that such conflict has or could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: General Security Agreement (ADESTO TECHNOLOGIES Corp), General Security Agreement (ADESTO TECHNOLOGIES Corp), Credit Agreement (ADESTO TECHNOLOGIES Corp)

Intangible Assets. Borrower and its Subsidiaries own, or possess the right to useuse to the extent necessary in their respective businesses, all material trademarks, trade names, copyrights, patents, patent rights, franchisescomputer software, licenses and other intangible assets Intangible Assets that are used in the conduct of their respective businesses as now operated or could obtain such right without causing a Material Adverse Effectoperated, and none of no such itemsIntangible Asset, to the best knowledge of Borrower, conflicts with the valid trademark, trade name, copyright, patent, patent right or intangible asset Intangible Asset of any other Person to the extent that such conflict has or could reasonably be expected to have constitutes a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Reliance Steel & Aluminum Co), Credit Agreement (Reliance Steel & Aluminum Co), Loan Agreement (Richey Electronics Inc)

Intangible Assets. Borrower and its Subsidiaries own, or ----------------- possess the right to useuse to the extent necessary in their businesses, all material trademarks, trade names, copyrights, patents, patent rights, franchisescomputer software, licenses and other intangible assets Intangible Assets that are used in the conduct of their respective businesses as now operated or could obtain such right without causing a Material Adverse Effectbusinesses, and none of no such itemsIntangible Asset, to the best knowledge of BorrowerBorrower and the Co-Borrowers, conflicts with the valid trademark, trade name, copyright, patent, patent right or intangible asset Intangible Asset of any other Person to the extent that such conflict has or could reasonably be expected to have constitutes a Material Adverse Effect.

Appears in 2 contracts

Samples: Term Loan Agreement (MGM Grand Inc), Loan Agreement (MGM Grand Inc)

Intangible Assets. Borrower and its Subsidiaries own, or possess the right to useuse to the extent necessary in their respective businesses, all trademarks, trade names, copyrights, patents, patent rights, franchisescomputer software, licenses and other intangible assets that are used in the conduct of their respective businesses as now operated or could obtain such right without causing a Material Adverse Effect, and none operated. None of such itemsthe intangible assets described in the first sentence of this Section, to the best knowledge of Borrower, conflicts with the valid trademark, trade name, copyright, patent, patent right or intangible asset of any other Person to the extent that such conflict has or could would reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Meade Instruments Corp)

Intangible Assets. Borrower and its Subsidiaries own, or possess ----------------- the right to useuse to the extent necessary in their respective businesses, all material trademarks, trade names, copyrightscopy rights, patents, patent rights, franchisescomputer software, licenses and other intangible assets that are used in the conduct of their respective businesses as now operated or could obtain such right without causing a Material Adverse Effect, and none operated. None of such itemsthe intangible assets described in the first sentence of this Section, to the best knowledge of Borrower, conflicts with the valid trademark, trade name, copyright, patent, patent right or intangible asset of any other Person to the extent that such conflict has or could reasonably be expected to have constitutes a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Korn Ferry International)

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Intangible Assets. Borrower and its Subsidiaries own, or possess ----------------- the right to useuse to the extent necessary in their respective businesses, all trademarksmaterial trade- marks, trade names, copyrights, patents, patent rights, franchisescomputer software, licenses and other intangible assets Intangible Assets that are used in the conduct of their respective businesses as now operated or could obtain such right without causing a Material Adverse Effectoperated, and none of no such itemsIntangible Asset, to the best knowledge of Borrower, conflicts with the valid trademark, trade name, copyright, patent, patent right or intangible asset Intangible Asset of any other Person to the extent that such conflict has or could reasonably be expected to have constitutes a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Loan Agreement (Wild Oats Markets Inc)

Intangible Assets. Borrower and its Subsidiaries own, ----------------- or possess the right to useuse to the extent necessary in their respective businesses, all trademarks, trade names, copyrights, patents, patent rights, franchisescomputer software, licenses and other intangible assets Intangible Assets that are used or are necessary in any material respect in the conduct of their respective businesses as now operated or could obtain operated. No such right without causing a Material Adverse Effect, and none of such itemsIntangible Asset, to the best knowledge of Borrowerany Loan Party, conflicts with the valid trademark, trade name, copyright, patent, patent right or intangible asset Intangible Asset of any other Person to the extent that such conflict has or could reasonably be expected to have constitutes a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Sunrise Medical Inc)

Intangible Assets. Borrower The Borrowers and its their Subsidiaries own, or possess the right to useuse to the extent necessary in their respective businesses, all material trademarks, trade names, copyrights, patents, patent rights, franchisescomputer software, licenses and other intangible assets that are used in the conduct of their respective businesses as now operated or could obtain such right without causing a Material Adverse Effect, and none operated. None of such itemsthe intangible assets described in the first sentence of this Section, to the best knowledge of each Borrower, conflicts with the valid trademark, trade name, copyright, patent, patent right or intangible asset of any other Person to the extent that such conflict has or could reasonably be expected to have constitutes a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Jakks Pacific Inc)

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