Common use of PERMITS, FRANCHISES Clause in Contracts

PERMITS, FRANCHISES. Each Loan Party possesses all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law or in which the failure to so possess could not reasonably be expected to have a Material Adverse Effect.

PERMITS, FRANCHISES. Each Loan Party possesses possesses, and will hereafter possess, all material permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance in all material respects with applicable law or in which the failure to so possess could not reasonably be expected to have a Material Adverse Effectlaw.

PERMITS, FRANCHISES. Each Loan Party possesses all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law or in which engaged, except to the extent the failure to so possess any such permits, memberships, franchises, contracts, licenses or rights could not reasonably be expected to have result in a Material Adverse Effect.

PERMITS, FRANCHISES. Each Loan Party possesses possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law or in which where the failure to so possess such permits, consents, approvals, franchises or licenses could not reasonably be expected to have a Material Adverse Effectmaterial adverse effect on the Loan Parties, taken as a whole.

PERMITS, FRANCHISES. Each Loan Party possesses all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patentspatent rights, copyrights, and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged engaged, except in compliance with applicable law or in which each case to the extent the failure to do so possess could not reasonably be expected to have result in a Material Adverse Effect.

PERMITS, FRANCHISES. Each Loan Party possesses all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law or in which law, and each Loan Party will continue to possess the failure same so long as such Loan Party continues to so possess could not reasonably be expected to have a Material Adverse Effectconduct such business.