Common use of Licenses and Agreements Clause in Contracts

Licenses and Agreements. Each of the material licenses and agreements to which Borrower and the Subsidiaries are a party is in good standing and in full force and effect, and neither Borrower nor any of the Subsidiaries nor, to the best of the knowledge, information and belief of Borrower, after due inquiry, any other party thereto, is in breach of any material covenants, conditions or obligations contained therein.

Licenses and Agreements. Each of the material licenses and agreements to which the Borrower and the Subsidiaries are a party is in good standing and in full force and effect, and neither the Borrower nor any of the Subsidiaries nor, to the best of the knowledge, information and belief of the Borrower, after due inquiry, any other party thereto, is in breach of any material covenants, conditions or obligations contained therein.