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Common use of Material Licenses Clause in Contracts

Material Licenses. Except as set forth on Schedule 5.13 hereto, if any, Borrower is not a party to, nor is it bound by, any material license.

Appears in 7 contracts

Sources: Security Agreement, Venture Loan and Security Agreement, Security Agreement (Ambit Biosciences Corp)

Related Clauses

  • Governmental Licenses
  • Governmental Licenses and Permits
  • Trial License
  • Commercial License
  • Additional Licenses

Parent Clauses

  • REPRESENTATIONS AND WARRANTIES
  • Affirmative Covenants
  • Covenants
  • REPORTING COVENANTS
  • Property

Sub-Clauses

  • No Infringement
  • No Assignments
  • No Termination
  • Validity and Enforceability of Material Licenses
  • No Indemnification Claims
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