Common use of Intellectual Property Matters Clause in Contracts

Intellectual Property Matters. Each of the Borrower and its Restricted Subsidiaries owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that are reasonably necessary to conduct its business. No event has occurred that permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (CoreCivic, Inc.), Term Loan Credit Agreement (CoreCivic, Inc.), Credit Agreement (CoreCivic, Inc.)

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Intellectual Property Matters. Each of the Borrower and its Restricted Subsidiaries each Subsidiary thereof owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that which are reasonably necessary required to conduct its business, except where the failure own or possess such rights would not have or would not be reasonably expected to have a Material Adverse Effect. No event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the no Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effectoperations.

Appears in 3 contracts

Samples: Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc)

Intellectual Property Matters. Each of the Borrower and its Restricted Subsidiaries owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that which are reasonably necessary to conduct its businessbusiness as currently conducted. No event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such material rights, and and, to Borrower's knowledge, neither the Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Globalstar, Inc.), Credit Agreement (Globalstar, Inc.)

Intellectual Property Matters. Each of the Borrower and its Restricted Subsidiaries owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that which are reasonably necessary required to conduct its business. No To the Borrower’s knowledge, no event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and to the Borrower’s knowledge, neither the Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effectoperations.

Appears in 2 contracts

Samples: Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc)

Intellectual Property Matters. Each of the Borrower Borrowers and its Restricted their Subsidiaries owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that which are reasonably necessary required to conduct its business, except where the failure to so own or possess could not reasonably be expected to have a Material Adverse Effect. No event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the any Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effectoperations.

Appears in 2 contracts

Samples: Credit Agreement (Cca Prison Realty Trust), Credit Agreement (Cca Prison Realty Trust)

Intellectual Property Matters. Each of the Borrower and its Restricted Subsidiaries owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxxmark, service xxxx mark rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that are reasonably necessary to conduct its business. No event has occurred that permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (CoreCivic, Inc.), Incremental Term Loan Agreement (Corrections Corp of America)

Intellectual Property Matters. Each of the Borrower Company and its Restricted Material Subsidiaries owns or possesses rights to use all material and franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxxmark, service xxxx mark rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that which are reasonably necessary required to conduct its business. No To the Borrowers’ knowledge, no event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither to the Borrowers’ knowledge, no Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations operations, except as could would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

Intellectual Property Matters. Each of the The Borrower and its Restricted Subsidiaries each Subsidiary thereof owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that which are reasonably necessary to conduct its business. No event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and to the best of their knowledge, neither the Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effectoperations.

Appears in 1 contract

Samples: Loan Agreement (Kensey Nash Corp)

Intellectual Property Matters. Each of the Borrower and its Restricted Subsidiaries owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that are which the failure to own or possess would reasonably necessary be expected to conduct its businesshave a Material Adverse Effect. No event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations operations, except as where such revocation or liability could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Veridian Corp)

Intellectual Property Matters. Each of the Borrower Company and its Restricted Material Subsidiaries owns or possesses rights to use all material and franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxxmxxx, service xxxx mxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that which are reasonably necessary required to conduct its business. No To the Borrowers’ knowledge, no event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither to the Borrowers’ knowledge, no Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations operations, except as could would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

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Intellectual Property Matters. Each of the Borrower and its Restricted Subsidiaries owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxxmark, service xxxx mark rights, trade names, trade name rights, copyrights and xxx other rights rigxxx with respect to the foregoing that are reasonably necessary to conduct its business. No event has occurred that permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Corrections Corp of America)

Intellectual Property Matters. Each of the Borrower and its Restricted Subsidiaries owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxxmxxx, service xxxx mxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that are reasonably necessary to conduct its business. No event has occurred that permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Corrections Corp of America)

Intellectual Property Matters. Each of the Borrower and its Restricted Subsidiaries each Subsidiary ----------------------------- thereof owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that which are reasonably necessary material and required to conduct its business. No event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the and, to each Borrower's knowledge, no Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effectoperations.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

Intellectual Property Matters. Each of the Borrower Borrowers and its Restricted Subsidiaries each Subsidiary thereof owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxxmxxx, service xxxx mxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that which are reasonably necessary to conduct its business. No event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and and, to the knowledge of the Borrowers, neither the Borrower Borrowers nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effectoperations.

Appears in 1 contract

Samples: Credit Agreement (FaceBank Group, Inc.)

Intellectual Property Matters. Each of the Borrower and its Restricted Subsidiaries owns or possesses rights to use all material franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights and other rights with respect to the foregoing that which are reasonably necessary required to conduct its business, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect. No event has occurred that which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrower nor any Restricted Subsidiary thereof is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations except as could not reasonably be expected to have a Material Adverse Effectoperations.

Appears in 1 contract

Samples: Credit Agreement (Marshall Industries)

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