Common use of Franchises and Other Rights Clause in Contracts

Franchises and Other Rights. The Company and each of its Subsidiaries has all franchises, permits, licenses, patents, trademarks and other intangible assets or 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.

Appears in 3 contracts

Samples: Credit Agreement (Group Maintenance America Corp), Credit Agreement (Group Maintenance America Corp), Credit Agreement (Group Maintenance America Corp)

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Franchises and Other Rights. The Company and each of its Subsidiaries has have all franchises, permits, licenses, patents, trademarks and other intangible assets or authority (collectively, the "Operating Rights") as are necessary to enable them to carry on their respective businesses as now being conducted and is not conducted, failure to have which would in default in respect thereof where the absence aggregate have a Material Adverse Effect. None of such the Company or any such Subsidiary is in default under any of the Operating Rights which default could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Browning Ferris Industries Inc), Multicurrency Revolving Credit Agreement (Browning Ferris Industries Inc)

Franchises and Other Rights. The Company and each of its Subsidiaries has all franchises, permits, licenses, patents, trademarks licenses and other intangible assets or authority as are necessary to enable them to carry on their respective businesses as now being conducted and where the absence of such would have a Material Adverse Effect. To the best of its knowledge, the Company is not in default in respect thereof where the absence of any of such or any such default could reasonably be expected to have a Material Adverse Effectoperating rights.

Appears in 1 contract

Samples: Credit Agreement (Serv Tech Inc /Tx/)

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Franchises and Other Rights. The Company and each of its --------------------------- Subsidiaries has all franchises, permits, licenses, patents, trademarks and other intangible assets or 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.

Appears in 1 contract

Samples: Credit Agreement (Encompass Services Corp)

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