The Licenses. 2.1.7 all of Seller's technical information and data, customer lists, machinery and equipment warranties, maps, computer disks and tapes, plans, diagrams, blueprints and schematics relating to the System, including filings with the FCC, other than as any of the foregoing relate to the Excluded Assets;
The Licenses. Schedule 7.15 contains a true and complete list of all Licenses owned by or granted to the Borrower or its Subsidiaries. Each License is legally valid, in full force and effect, duly registered, not subject to any administrative review or appeal, or subject to any proceeding the outcome of which could result in the revocation, in whole or in part, for any reason not within the control of the Borrower or IMPSAT. The Borrower has paid when due all amounts required to be paid and otherwise has complied with all conditions the compliance with which is required in order to preserve its rights under the Licenses. No Licenses other than those listed in Schedule 7.15 are required in order for the Borrower and its Subsidiaries to install, exploit and operate the Network and to engage in the Telecommunications Business as it is currently conducted by them, and as contemplated by the Borrower Business Plan.
The Licenses. Subject to the terms and conditions of the License Agreement, Licensor hereby grants to each of the Trusts (x) a limited, non-exclusive, non-transferable, fee-based license, throughout the Territory for the Term to use the Licensed Patents and Know-How solely in connection with each Licensee's activities as an issuer of the MacroShares that employ the MacroShares Structure, and (y) a limited, non-exclusive, and non-transferable, fee-based license throughout the Territory for the Term to use the Marks solely as a part of the name of each Trust and the MacroShares issued by such Trust; (the "Licenses").
The Licenses. Subject to the terms and conditions of the License Agreement, Licensor hereby grants to:
The Licenses. The licenses to operate the Facility (i) are and shall continue in full force and effect at all times throughout the term of this Agreement and are and shall be free from restrictions or known conflicts which would materially impair the use or operation of the Facility for its current use, and if any licenses become provisional, probationary, conditional or restricted in any way (collectively “Restrictions”), Borrower shall take or cause to be taken prompt action to correct such Restrictions; (ii) may not be, and have not been, and will not be transferred to any location other than the Real Estate; and (iii) have not been and will not be pledged as collateral security for any other loan or indebtedness. Borrower shall not do (nor suffer to be done) any of the following:
The Licenses. (c) The Assumed Contracts;
The Licenses. At or prior to the Closing, PSIL and CCORE shall terminate the CCORE License pursuant to a termination agreement in the form reasonably required by Newco (the “Termination Agreement”) and CCORE, CFLP, PSIL, ProDril Services Incorporated, and the Principal shall enter into (i) a license agreement with Newco in the form of Exhibit B (the “New License Agreement”), and (ii) an Assignment and Assumption Agreement in the form of Exhibit C (the “Assignment”).
The Licenses. (a) Schedule 3.9 sets forth a complete list of all of the telecommunications licenses held by the Companies (the "Licenses"). Each of the Licenses listed in Schedule 3.9 was duly authorized, granted and delivered by the appropriate governmental entity or any instrumentality thereof to the Company identified in Schedule 3.9 as holding such License and recorded with the appropriate governmental entity in accordance with all applicable Legal Requirements. Each of the Licenses is held by the Company identified in Schedule 3.9 as holding such License free and clear of any Encumbrance or other attachments and duties of any kind, except as set forth in the relevant License. Each Company holds all Permits necessary for the holding of each of the Licenses held by such Company and the operation of its business. There are no restrictions or limitations on the use of the rights granted by the Licenses except for those expressly set forth in each of the Permits, Licenses, and applicable Law.
The Licenses. The obligation of the Seller hereunder to sell the Licenses is subject to the satisfaction, at or before the Closing, of each of the following conditions set forth below. These conditions are for the Seller's sole benefit and may be waived by the Seller at any time in its sole discretion.
The Licenses. Subject to the terms and conditions of this Agreement, and in reliance on the representations and warranties set forth herein, immediately following the Brand Name Purchase, Xxxxx and Modara will execute and deliver the Licenses.
