Common use of Patents and Other Rights Clause in Contracts

Patents and Other Rights. Each of Borrower and its Subsidiaries possesses all approvals, authorizations, permits, franchises, licenses, patents, trademarks, trade names, service marks, copyrights, leases and all rights with respect thereto, free from burdensome restrictions, except those the absence of which will not result in a Material Adverse Change that are reasonably necessary for the ownership, maintenance and operation of its business, and neither Borrower nor any such Subsidiary is in material violation of any rights of others with respect to the foregoing.

Appears in 1 contract

Samples: Convergent Communications Inc /Co

AutoNDA by SimpleDocs

Patents and Other Rights. Each of the Borrower and its Material Subsidiaries possesses all approvals, authorizations, permits, franchises, licenses, patents, trademarks, trade names, service marks, copyrights, leases copyrights and all rights with respect thereto, free from burdensome restrictions(or could obtain such rights on terms not materially adverse to Borrower and its Material Subsidiaries taken as a whole), except those the absence of which will not result in a Material Adverse Change that are reasonably necessary for the ownership, maintenance and operation of its business, business and to the best of the Borrower's knowledge neither the Borrower nor any such Material Subsidiary is in material violation of any rights of others with respect to the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Seagate Technology Inc)

Patents and Other Rights. Each of the Borrower and its Subsidiaries possesses ------------------------ all approvals, authorizations, permits, franchises, licenses, patents, trademarks, trade names, service marks, copyrights, leases copyrights and all rights with respect thereto, free from burdensome restrictions, except those the absence of which will not result in a Material Adverse Change that are reasonably necessary for the ownership, maintenance and operation of its businessbusiness and, and to the best of the Borrower's knowledge, neither the Borrower nor any such Subsidiary of its Subsidiaries is in material violation of any rights of others with respect to the foregoing.

Appears in 1 contract

Samples: Credit Agreement (Nationwide Health Properties Inc)

Patents and Other Rights. Each of the Borrower and its Significant Subsidiaries possesses all approvals, authorizations, permits, franchises, licenses, patents, trademarks, trade names, service marks, copyrights, leases copyrights and all rights with respect thereto, free from burdensome restrictions, except those the absence of which will not result in a Material Adverse Change that are reasonably necessary for the ownership, maintenance and operation of its business, and neither Borrower nor any such Subsidiary is in material violation of any rights of others with respect to the foregoing.,

Appears in 1 contract

Samples: Credit Agreement (Lsi Logic Corp)

AutoNDA by SimpleDocs

Patents and Other Rights. Each of the Borrower and its Subsidiaries possesses all approvals, authorizations, permits, franchises, licenses, patents, trademarks, trade names, service marks, copyrights, leases copyrights and all rights with respect thereto, free from burdensome restrictions, except those the absence of which will not result in a Material Adverse Change that are reasonably necessary for the ownership, maintenance and operation of its business, and neither . Neither the Borrower nor any such Subsidiary is in material violation of any rights of others with respect to the foregoing, except where such violation is not reasonably expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Watkins Johnson Co)

Patents and Other Rights. Each of the Borrower and its Subsidiaries possesses all approvals, authorizations, permits, franchises, licenses, patents, trademarks, trade names, service marks, copyrights, leases copyrights and all rights with respect thereto, free from burdensome restrictions, except those the absence of which will not result in a Material Adverse Change that are reasonably necessary for the ownership, maintenance and operation of its business, business and neither the Borrower nor any such Subsidiary is in material violation of any rights of others with respect to the foregoingforegoing which violation could reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (California Microwave Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.