Common use of Licenses and Assignments Clause in Contracts

Licenses and Assignments. Each Assignor hereby agrees not to divest itself of any material right under any Patent or Copyright that is necessary or material to the operation or financial condition of such Assignor’s business absent prior written approval of the Collateral Agent, except in accordance with Section 8.6 of the Credit Agreement.

Appears in 3 contracts

Samples: Security Agreement (Huntsman LLC), Security Agreement (Huntsman LLC), Security Agreement (Huntsman Petrochemical Finance Co)

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Licenses and Assignments. Each Assignor hereby agrees not to divest itself of any material right under any Patent or Copyright that is necessary or material to the operation or financial condition business of such Assignor’s business Assignor absent prior written approval of the Collateral Agent, except in accordance with Section 8.6 of as otherwise permitted by the Credit AgreementSecured Debt Agreements.

Appears in 2 contracts

Samples: Us Security Agreement (RPP Capital Corp), Us Security Agreement (RPP Capital Corp)

Licenses and Assignments. Each Assignor hereby agrees not to divest itself of any material right under any a Patent or Copyright that is necessary or material to other than in the operation or financial condition ordinary course of such Assignor’s business absent prior written approval of the Collateral Agent, except in accordance with Section 8.6 of the Credit AgreementAgent Bank.

Appears in 2 contracts

Samples: Security Agreement (North Atlantic Trading Co Inc), Security Agreement (North Atlantic Trading Co Inc)

Licenses and Assignments. Each The Assignor hereby agrees not to divest itself of any material right under any Patent a Trademark of the Assignor other than in the ordinary course of business or Copyright that is necessary or material to the operation or financial condition extent permitted under Section 6.1 of such Assignor’s business the Credit Agreement absent prior written approval of the Collateral Agent, except in accordance with Section 8.6 of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Consumers Us Inc)

Licenses and Assignments. Each Assignor hereby agrees not to divest itself of any material right under any Patent or Copyright that which is material and/or necessary or material to the operation or financial condition of such Assignor’s its business absent prior written approval of the Collateral Agent, except in accordance with Section 8.6 of as otherwise permitted by this Agreement or the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Transworld Home Healthcare Inc)

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Licenses and Assignments. Each The Assignor hereby agrees not to divest itself of any material right under any a Patent or Copyright that is necessary other than in the ordinary course of business or material to the operation or financial condition extent permitted under Section 6.1 of such Assignor’s business the Credit Agreement absent prior written approval of the Collateral Agent, except in accordance with Section 8.6 of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Consumers Us Inc)

Licenses and Assignments. Each Assignor hereby agrees not to divest itself of any material right right, title or interest under any Patent or Copyright that is necessary or material (other than those Patents and Copyrights with respect to Non-Core Assets in accordance with the operation or financial condition of such Assignor’s business Secured Notes) absent prior written approval of the Collateral Agent, except in accordance with Section 8.6 of the Credit Agreement.

Appears in 1 contract

Samples: Security Agreement (Aura Systems Inc)

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