Common use of Patents, Licenses, Franchises and Formulas Clause in Contracts

Patents, Licenses, Franchises and Formulas. Each of the Company and its Subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, or each has obtained licenses or assignments of all other rights of whatever nature necessary for the present conduct of its businesses, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would reasonably be expected to result in a Material Adverse Effect.

Appears in 8 contracts

Samples: Credit Agreement (Sealed Air Corp/De), Credit Agreement (Sealed Air Corp/De), Five Year Credit Agreement (Sealed Air Corp/De)

AutoNDA by SimpleDocs

Patents, Licenses, Franchises and Formulas. Each of the Company and each of its Subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, or each and has obtained licenses or assignments of all licenses and other rights of whatever nature nature, necessary for the present and proposed conduct of its businessesbusiness, without any known conflict with the rights of others whichexcept, or the failure with respect to obtain whichany matter specified in this Section 6.19, as the case may be, would could not reasonably be expected expected, either individually or in the aggregate, to result in have a Material Adverse Effect.

Appears in 6 contracts

Samples: Loan Credit Agreement (Omnova Solutions Inc), Term Loan Credit Agreement (Omnova Solutions Inc), Execution Version (Omnova Solutions Inc)

Patents, Licenses, Franchises and Formulas. Each Holdings and each of the Company and its Subsidiaries owns all the material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, or each and has obtained licenses or assignments of all leases and other rights of whatever nature nature, reasonably necessary for the present conduct of its businessesbusiness, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (H-R Window Supply Inc), Credit Agreement (Atrium Companies Inc)

Patents, Licenses, Franchises and Formulas. Each Except as described on Schedule 4.19, each of the Company and its Subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, or each and has obtained licenses or assignments of all leases and other rights of whatever nature nature, reasonably necessary for the present conduct of its businessesbusiness, without any known conflict with the rights of others others, which, or the failure to own or obtain which, as the case may be, would be reasonably be expected likely to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Wellman Inc), Credit Agreement (Wellman Inc)

AutoNDA by SimpleDocs

Patents, Licenses, Franchises and Formulas. Each of the Company and its Subsidiaries owns own all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, or each and has obtained licenses or assignments of all leases and other rights of whatever nature nature, necessary for the present conduct of its businessesbusiness, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would reasonably be expected to result in a Material Adverse Effectmaterial adverse effect on the business, property, assets, condition (financial or otherwise) or prospects of the Company or of the Company and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Credit Agreement (Coltec Industries Inc)

Patents, Licenses, Franchises and Formulas. Each of the The Company and each of its Subsidiaries owns or licenses all the material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, or each and has obtained licenses or assignments of all licensors and other rights of whatever nature nature, reasonably necessary for the present conduct of its businessesbusiness, without any known conflict with the other rights of others which, or the failure to obtain which, as the case may be, would be could reasonably be expected to result in have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Purina Mills Inc)

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