Franchises and Other Rights. The Company and each of its Subsidiaries has all franchises, permits, licenses and other authority as are necessary to enable them to carry on their respective businesses as now being conducted and is not in default in respect thereof where the absence of such or any such default could reasonably be expected to have a Material Adverse Effect.
Franchises and Other Rights. 32 SECTION 6.16.
Franchises and Other Rights. The Company has all material franchises, permits, and other similar authority necessary for the conduct of its business. The Company has not received any notice of infringement upon or conflict with the asserted rights of others and is not aware of any threats of such a claim or assertion. Reasonable security measures have been taken by the Company to protect the secrecy, confidentiality and value of the Company's confidential, proprietary information. The Company owns or possesses adequate licenses or other rights to use and license its customers the right to use (in the manner and to the extent presently or proposed to be used or licensed) all material patents, patent applications, trademarks, trademark applications, service marks, service xxxx applications, trade names, copyrights, manufacturing processes, formulae, trade secrets, customer lists and know-how (collectively, "INTELLECTUAL PROPERTY") currently or proposed to be used in its business, except the possibility exists that other persons or entities may have developed trade secrets or technical information similar or identical to those of the Company or filed patent, trademark or copyright applications or registrations. No claim is pending or, to the knowledge of the Company threatened, to the effect that any such Intellectual Property owned or licensed by the Company, or which the Company otherwise has the right to use, is invalid or unenforceable by the Company. None of the Intellectual Property that the Company owns or purports to own is subject to any outstanding judgment or contract restricting the use thereof by the Company.
Franchises and Other Rights. Each of the Company and the Guarantor has all franchises, permits, licenses and other authority as are necessary to enable it to carry on its businesses as now being conducted where the absence of such would have a Material Adverse Effect except those listed on Schedule 5.15 hereof. To the best of its knowledge, the Company is not in default in respect of any of such operating rights.
Franchises and Other Rights. 70 SECTION 6.16. Solvency . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 71 SECTION 6.17. No Intent to Hinder, Delay or Defraud . . . . . . . . . . . . . . . . . . . . . . . . . . . 71
Franchises and Other Rights. The Company and each Restricted Subsidiary has all franchises, permits, licenses and other authority (collectively, the "Operating Rights") as are necessary to enable them to carry on their respective businesses as now being conducted, except for Operating Rights with respect to which the failure to have would not individually or in the aggregate for all such failures by the Company and the Restricted Subsidiaries have a Material Adverse Effect. Neither the Company nor any Restricted Subsidiary is in default under any of the Operating Rights which default, individually or together with all such defaults of the Company and the Restricted Subsidiaries, would have a Material Adverse Effect.
Franchises and Other Rights. The U.S. Borrower and each Subsidiary has all franchises, permits, licenses and other authority (collectively, the "Operating Rights") as are necessary to enable them to carry on their respective businesses as now being conducted, except for Operating Rights with respect to which the failure to have would not individually or in the aggregate for all such failures by the U.S. Borrower and the Subsidiaries -68- 76 have a Material Adverse Effect. Neither the U.S. Borrower nor any Subsidiary is in default under any of the Operating Rights which default, individually or together with all such defaults of the U.S. Borrower and the Subsidiaries, would have a Material Adverse Effect.
Franchises and Other Rights. All corporate and other franchises, all water and flowage rights, riparian rights, easements and rights-of-way, and all permits, licenses, rights, grants, privileges and immunities, and all renewals, extensions, additions or modifications of any of the foregoing, whether the same or any thereof, or any renewals, extensions, additions or modifications thereof, are now owned or may hereafter be acquired, owned, held or enjoyed by the Company.
Franchises and Other Rights. All corporate and other franchises, all water and flowage rights, riparian rights, easements and rights-of-way, and all permits, licenses, rights, grants, privileges and immunities, and all renewals, extensions, additions or modifications of any of the foregoing, whether the same or any thereof, or any renewals, extensions, additions or modifications thereof, are now owned or may hereafter be acquired, owned, held or enjoyed by the Company. GRANTING CLAUSE IV
Franchises and Other Rights. 29 SECTION 5.16 Subsidiaries and Assets..................................29 SECTION 5.17 Solvency.................................................30
