Common use of PERMITS, FRANCHISES Clause in Contracts

PERMITS, FRANCHISES. Borrower and Guarantor each possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

PERMITS, FRANCHISES. The Borrower and each Guarantor each possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights rights, copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

PERMITS, FRANCHISES. Borrower Borrower, Guarantor and Guarantor each Permitted Affiliate possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

PERMITS, FRANCHISES. Borrower and Guarantor each possesses possess all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights and fictitious name rights necessary to enable it them to conduct the business in which it is Borrower and Guarantor are now engaged.

PERMITS, FRANCHISES. The Borrower and Guarantor each possesses the guarantors possess all material permits, memberships, franchises, contracts and licenses required and all material trademark rights, trade name rights, patent rights and fictitious name rights necessary to enable it them to conduct the business in which it is they are now engagedengaged in each case, other than any such rights the failure of which to possess could not reasonably be expected to have a material adverse effect on the Borrower and the guarantors taken as a whole.