Common use of License Clause in Contracts

License. The Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

Appears in 20 contracts

Samples: Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (San Holdings Inc)

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License. The Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Periodfollowing an Event of Default.

Appears in 5 contracts

Samples: Credit and Security Agreement (Continental Information Systems Corp), Credit and Security Agreement (Continental Information Systems Corp), Credit and Security Agreement (Royal Grip Inc)

License. The Without limiting the generality of any of the Security Documents, the Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

Appears in 4 contracts

Samples: Credit and Security Agreement (Royal Precision Inc), Credit and Security Agreement (Royal Precision Inc), Credit and Security Agreement (Royal Precision Inc)

License. The Borrower hereby grants to the Lender a ------- non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

Appears in 3 contracts

Samples: Credit and Security Agreement (Act Teleconferencing Inc), Credit and Security Agreement (Rf Monolithics Inc /De/), Credit and Security Agreement (Rf Monolithics Inc /De/)

License. The Borrower hereby grants to the Lender a non-non- exclusive, worldwide and royalty-free license to use use, sub-license or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during following an Event of Default. The foregoing license includes the right to reproduce, distribute, publicly perform, display and create derivative works from any Default Periodand all of the Borrower's copyrights.

Appears in 2 contracts

Samples: Borrower Agreement (Nicollet Process Engineering Inc), Credit and Security Agreement (Nicollet Process Engineering Inc)

License. The Borrower hereby grants to the Lender a non-non- exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

Appears in 2 contracts

Samples: Credit and Security Agreement (Heartland Technology Inc), Credit and Security Agreement (PetroHunter Energy Corp)

License. The Borrower hereby grants to the Lender a non-exclusivenonexclusive, worldwide and royalty-free royaltyfree license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Periodfollowing an Event of Default.

Appears in 1 contract

Samples: Credit and Security Agreement (Skymall Inc)

License. The Borrower hereby grants to the Lender and its Affiliates a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all leases, licenses, trademarks, franchises, trade namestradenames, copyrights and patents of the Borrower (to the extent permissible under the terms of such agreements) for the purpose purposes of selling, leasing leasing, preparing for sale or otherwise disposing of or enforcing its rights in any or all Collateral during any Default Periodof the Collateral; PROVIDED, HOWEVER, that such license may be exercised only after the occurrence of an Event of Default.

Appears in 1 contract

Samples: Credit and Security Agreement (Lifecore Biomedical Inc)

License. The Borrower hereby grants to the Lender a ------- non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral following the occurrence and during any Default Periodthe continuation of an Event of Default.

Appears in 1 contract

Samples: Credit and Security Agreement (Rockshox Inc)

License. The Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarksTrademarks, franchises, trade names, copyrights and patents Patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Periodfollowing an Event of Default.

Appears in 1 contract

Samples: Credit and Security Agreement (Crager Industries Inc)

License. The Each Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower owned by it for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

Appears in 1 contract

Samples: Credit and Security Agreement (Eagle Geophysical Inc)

License. The Each Borrower hereby grants to the Lender a non-non- exclusive, worldwide and royalty-free license license, to the full extent of such Borrower s rights as they may exist from time to time, to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the such Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Periodfollowing an Event of Default.

Appears in 1 contract

Samples: Credit and Security Agreement (Larson Davis Inc)

License. The Borrower hereby grants to the Lender to the extent the Borrower can legally do so, a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, trade dress, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

Appears in 1 contract

Samples: Credit and Security Agreement (Landec Corp \Ca\)

License. The Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

Appears in 1 contract

Samples: Credit and Security Agreement (Nebo Products Inc)

License. The Borrower hereby grants to the ------- Lender a non-exclusivenonexclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

Appears in 1 contract

Samples: Credit and Security Agreement (Bentley International Inc)

License. The Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarkstrademarks (including without limitation the trademark "MARKETBUILDER"), franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Periodfollowing an Event of Default.

Appears in 1 contract

Samples: Credit and Security Agreement (Gateway Data Sciences Corp)

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License. The Borrower Borrowers hereby grants grant to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the any Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any after the occurrence of a Default Periodor Event of Default.

Appears in 1 contract

Samples: Credit and Security Agreement (Pentastar Communications Inc)

License. The Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.,

Appears in 1 contract

Samples: Credit and Security Agreement (Shop at Home Inc /Tn/)

License. The Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any all or all Collateral during any Default Periodfollowing an Event of Default.

Appears in 1 contract

Samples: Credit and Security Agreement (Skymall Inc)

License. The Borrower hereby grants to the Lender a non-exclusivenonexclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

Appears in 1 contract

Samples: Credit and Security Agreement (Marquest Medical Products Inc)

License. The Each Borrower hereby grants to the Lender and its Affiliates a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all leases, licenses, trademarks, franchises, trade namestradenames, copyrights and patents of the Borrower (to the extent permissible under the terms of such agreements) for the purpose purposes of selling, leasing leasing, preparing for sale or otherwise disposing of or enforcing its rights in any or all Collateral during any Default Periodof the Collateral.

Appears in 1 contract

Samples: Credit and Security Agreement (Simon Transportation Services Inc)

License. The Borrower hereby grants to the Lender a non-exclusivenonexclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Periodfollowing an Event of Default.

Appears in 1 contract

Samples: And (Lamaur Corp)

License. The Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral at any time after and during any Default Periodthe continuation of an Event of Default.

Appears in 1 contract

Samples: And Security Agreement (Technology Flavors & Fragrances Inc)

License. The Borrower Debtor hereby grants to the Lender a non-exclusive, exclusive ------- worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower Debtor for the purpose of selling, leasing or otherwise disposing of any or all Collateral after the occurrence and during any Default Periodthe continuance of an Event of Default.

Appears in 1 contract

Samples: Replacement Security Agreement (Heartland Technology Inc)

License. The Each Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the that Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during any Default Period.

Appears in 1 contract

Samples: Credit and Security Agreement (Luminant Worldwide Corp)

License. The Borrower hereby grants to the Lender a non-exclusive, worldwide and royalty-free license to use or otherwise exploit all trademarks, franchises, trade names, copyrights and patents of the Borrower for the purpose of selling, leasing or otherwise disposing of any or all Collateral during at any time a Default Periodor Event of Default exists and is continuing.

Appears in 1 contract

Samples: Credit Agreement (Hia Inc)

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