Common use of Intellectual Property Matters Clause in Contracts

Intellectual Property Matters. Each of the Borrowers and its Subsidiaries owns or possesses rights to use all 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 rights with respect to the foregoing which are required to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers nor any Subsidiaries thereof are liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 6 contracts

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

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Intellectual Property Matters. Each of the Borrowers The Borrower and its Subsidiaries each Subsidiary 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 which are required reasonably necessary to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers Borrower nor any Subsidiaries thereof are Subsidiary is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 4 contracts

Samples: Credit Agreement (Allegiance Bancshares, Inc.), Credit Agreement (Allegiance Bancshares, Inc.), Credit Agreement (Bok Financial Corp Et Al)

Intellectual Property Matters. Each of the Borrowers and its their Subsidiaries owns or possesses rights to use all 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 rights with respect to the foregoing foregoing, in all cases in which are required the failure to conduct its businessown or possess such rights would have a Material Adverse Effect. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 3 contracts

Samples: Credit Agreement (Tessco Technologies Inc), Credit Agreement (Tessco Technologies Inc), Credit Agreement (Tessco Technologies Inc)

Intellectual Property Matters. Each of the Borrowers Borrower and its Subsidiaries owns or possesses rights to use all 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 rights with respect to the foregoing which are required to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers Borrower nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 3 contracts

Samples: Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc), Credit Agreement (Lmi Aerospace Inc)

Intellectual Property Matters. Each of the Borrowers The Borrower and its Subsidiaries owns own or possesses possess 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 which are required reasonably necessary to conduct its businesstheir businesses. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers Borrower nor any Subsidiaries thereof are Subsidiary is liable to any Person for infringement under Applicable Law applicable law with respect to any such rights as a result of its business operations.

Appears in 2 contracts

Samples: Credit Agreement (Apogee Enterprises, Inc.), Credit Agreement (Apogee Enterprises Inc)

Intellectual Property Matters. Each of the Borrowers and its their respective Subsidiaries owns or possesses rights to use all 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 rights with respect to the foregoing which are required to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 2 contracts

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

Intellectual Property Matters. Each of the Borrowers Borrower and its 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 which are required reasonably necessary to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers Borrower nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operationsoperations except as could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Digital Generation Systems Inc), Credit Agreement (Digital Generation Systems Inc)

Intellectual Property Matters. Each of the Borrowers Borrower and its Subsidiaries owns or possesses all lawful rights to use all franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, copyrights, copyright applications, trademarks, trademark rights, service xxxx, service xxxx rights, trade names, trade name rights, copyrights rights and rights with respect to the foregoing which are required necessary in any material respect to conduct its business. No To the knowledge of the Borrower, no event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers Borrower nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 2 contracts

Samples: Credit Agreement (Caraustar Industries Inc), Credit Agreement (Penske Motorsports Inc)

Intellectual Property Matters. Each of the Borrowers Borrower and its Subsidiaries owns or possesses rights to use all 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 rights with respect wixx xespect to the foregoing which are required to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers Borrower nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 1 contract

Samples: Credit Agreement (Performance Food Group Co)

Intellectual Property Matters. Each of the Borrowers Company and its ----------------------------- 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 rights with respect to the foregoing which are required to conduct its business. No event has occurred 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 the Company's knowledge, neither the Borrowers Company nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operationsoperations other than any such infringement which, if successfully asserted against or determined adversely to the Company or any Subsidiary, could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Choice One Communications Inc)

Intellectual Property Matters. Each of the Borrowers Borrower and its Subsidiaries owns or possesses rights to use all franchises, licenses, copyrights, copyright applications, patents, patent rights or licenses, patent applications, trademarks, trademark rights, service xxxxmark, service xxxx rightssxxxxce mark rixxxx, trade names, trade name rights, copyrights and rights with respect to the foregoing which are required to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers Borrower nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 1 contract

Samples: Credit Agreement (Performance Food Group Co)

Intellectual Property Matters. Each of the Borrowers Borrower and its Material Subsidiaries owns or possesses rights to use all 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 rights with respect to the foregoing which are required to conduct its business. No event has occurred 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 its knowledge) neither the Borrowers Borrower nor any Subsidiaries Material Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 1 contract

Samples: Credit Agreement (Insignia Financial Group Inc)

Intellectual Property Matters. Each of the Borrowers Borrower and its Subsidiaries each Subsidiary ----------------------------- thereof owns or possesses rights to use all 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 rights with respect to the foregoing which are material and required to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers and, to each Borrower's knowledge, no Borrower nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 1 contract

Samples: Credit Agreement (Global Imaging Systems Inc)

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Intellectual Property Matters. Each of the Borrowers Parent and its Subsidiaries owns or possesses rights to use all 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 rights with respect to the foregoing which are required to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and and, except as set forth on Schedule 7.1(g) hereto, neither the Borrowers Parent nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 1 contract

Samples: Credit Agreement (Dollar Express Inc)

Intellectual Property Matters. Each of the Borrowers and its their Subsidiaries owns or possesses rights to use all 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 rights with respect to the foregoing which are required to conduct its business. No To the best of the Borrowers' knowledge, no event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 1 contract

Samples: Credit Agreement (Vermont Pure Holdings LTD)

Intellectual Property Matters. Each of the Borrowers Borrower and its Subsidiaries owns or possesses rights to use all 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 rights with respect to the foregoing which are required to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers Borrower nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 1 contract

Samples: Credit Agreement (Radyne Corp)

Intellectual Property Matters. Each The Borrower and each of the Borrowers and its 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 which are required reasonably necessary to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers no Borrower nor any of its Subsidiaries thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operationsoperations except as could not, in either case, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Hormel Foods Corp /De/)

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

Appears in 1 contract

Samples: Credit Agreement (Hickory Tech Corp)

Intellectual Property Matters. Each of the Borrowers and its Subsidiaries owns or possesses rights to use all 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 rights with respect to the foregoing which are required to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers nor any Subsidiaries thereof are liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations.

Appears in 1 contract

Samples: Credit Agreement (Belk Inc)

Intellectual Property Matters. Each of the Borrowers Holdings and its 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 which are required reasonably necessary to conduct its business. No event has occurred which permits, or after notice or lapse of time or both would permit, the revocation or termination of any such rights, and neither the Borrowers Holdings nor any Subsidiaries Subsidiary thereof are is liable to any Person for infringement under Applicable Law with respect to any such rights as a result of its business operations, except revocations, terminations and liability which, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Restaurant Co of Minnesota)

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