Common use of Necessary Rights Clause in Contracts

Necessary Rights. The Borrowers own and control and have good, valid and marketable title to, and will continue to own and control and have good, valid and marketable title to, all rights necessary for the development, production, distribution, subdistribution, sale, lease, sublease, rental, license, sublicense, telecast, broadcast, transmission (including, without limitation, by way of satellite or cable) and other exploitation of all Products in accordance with the requirements contained in any agreement relating to any Product to which any Borrower is a party, including this Agreement, the License Agreements and Rights- In-Agreements (including, without limitation, all rights necessary to perform all of the Borrowers' obligations, to perform and observe all conditions referred to herein or therein and to be in compliance with and observe all of the Borrowers' representations and warranties made herein or therein); and own and control and have good, valid and marketable title to all other Collateral and all Excluded Property.

Appears in 1 contract

Sources: Revolving Credit Loan and Security Agreement (Unapix Entertainment Inc)

Necessary Rights. The Borrowers own Borrower owns and control controls and have has good, ---------------- valid and marketable title to, and will continue to own and control and have good, valid and marketable title to, all rights necessary for the development, production, distribution, subdistribution, sale, lease, sublease, rental, license, sublicense, telecast, broadcast, transmission (including, without limitation, by way of satellite or cable) and other exploitation of all Products in accordance with the requirements contained in any agreement relating to any Product to which any the Borrower is a party, including this Agreement, the License Agreements and Rights- In-Agreements (including, without limitation, all rights necessary to perform all of the Borrowers' Borrower's obligations, to perform and observe all conditions referred to herein or therein and to be in compliance with and observe all of the Borrowers' Borrower's representations and warranties made herein or therein); and own owns and control controls and have has good, valid and marketable title to all other Collateral and all Excluded PropertyCollateral.

Appears in 1 contract

Sources: Credit Loan and Security Agreement (Video City Inc)

Necessary Rights. The Borrowers own Borrower owns and control controls and have has good, ---------------- valid and marketable title to, and will continue to own and control and have good, valid and marketable title to, all rights necessary for the development, production, distribution, subdistribution, sale, lease, sublease, rental, license, sublicense, telecast, broadcast, transmission (including, without limitation, by way of satellite or cable) and other exploitation of all Products in accordance with the requirements contained in any agreement relating to any Product to which any the Borrower is a party, including this Agreement, the License Agreements and Rights- In-Agreements (including, without limitation, all rights necessary to perform all of the Borrowers' Borrower's obligations, to perform and observe all conditions referred to herein or therein and to be in compliance with and observe all of the Borrowers' Borrower's representations and warranties made herein or therein); and own owns and control controls and have has good, valid and marketable title to all other Collateral and all Excluded Propertycollateral.

Appears in 1 contract

Sources: Credit Loan and Security Agreement (Video City Inc)