License for Use of Software and Other Intellectual Property. Unless expressly prohibited by the licensor thereof, if any, the Agent is hereby granted a license to use all computer software programs, data bases, processes and materials used by the Borrower in connection with its businesses or in connection with the Collateral. The Agent agrees not to use any such license prior to the occurrence of an Event of Default without giving the Borrower prior notice.
Appears in 5 contracts
Samples: Credit Agreement (Riverside Group Inc/Fl), Credit Agreement (Wickes Lumber Co /De/), Credit Agreement (Wickes Inc)
License for Use of Software and Other Intellectual Property. Unless expressly prohibited by the licensor thereof, if any, the Agent is hereby granted a license to use all computer software programs, data bases, processes processes, assets and materials used by the Borrower Credit Parties and their Subsidiaries in connection with its their businesses or in connection with the Collateral. The Agent agrees not to use any such license prior to the occurrence of an Event of Default without giving the Borrower Borrowers prior notice.
Appears in 2 contracts
Samples: Credit Agreement (Spinnaker Industries Inc), Credit Agreement (Spinnaker Industries Inc)
License for Use of Software and Other Intellectual Property. Unless expressly prohibited by the licensor thereof, if any, or any Requirements of Law, the Agent is hereby granted a license to use all computer software programs, data bases, processes and materials used by the either Borrower in connection with its businesses or in connection with the Collateral. The Agent agrees not to use any such license prior to the occurrence of an Event of Default without giving the applicable Borrower prior notice. -29- SECTION 8.6.
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License for Use of Software and Other Intellectual Property. Unless expressly prohibited by the any licensor thereof, if any, the Agent is is, in connection with the exercise of its rights and remedies, hereby granted a license to use all computer software programs, data bases, processes processes, trademarks, tradenames and materials used by the any Borrower in connection with its businesses or in connection with the Collateral. The Agent agrees not to use any such license prior to the occurrence of unless an Event of Default has occurred and is continuing, without giving the Borrower Borrowers prior notice.
Appears in 1 contract
Samples: Loan and Security Agreement (General Datacomm Industries Inc)
License for Use of Software and Other Intellectual Property. Unless expressly prohibited by the licensor thereof, if any, the Agent is hereby granted a license to use all computer software programs, data bases, processes and materials used by the any Borrower in connection with its businesses or in connection with the Collateral. The Agent agrees not to use any such license prior to the occurrence of an Event of Default without giving the Borrower prior noticeDefault.
Appears in 1 contract
Samples: Credit Agreement (Perry-Judds Inc)
License for Use of Software and Other Intellectual Property. Unless expressly prohibited by the licensor thereof, if any, the The Agent is hereby granted a license to use all computer software programs, data bases, processes processes, patents, trademarks and materials used by the Borrower Safety and its Subsidiaries in connection with its their businesses or in connection with the Collateral. The Agent agrees not to use any such license prior to the occurrence of an Event of Default without giving the Borrower Borrowers prior notice.
Appears in 1 contract
Samples: Credit Agreement (Safety 1st Inc)
License for Use of Software and Other Intellectual Property. Unless expressly prohibited by the any licensor thereof, if any, the Agent is hereby granted a license to use all computer software programs, data bases, processes and materials used by the Borrower in connection with its businesses or in connection with the Collateral. The Agent agrees not to use any such license prior to the occurrence of an Event of Default without giving the Borrower prior noticenotice thereof.
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License for Use of Software and Other Intellectual Property. Unless expressly prohibited by the licensor thereof, if any, the Agent is hereby granted a license to use all computer software programs, data bases, processes and materials used by the Borrower Credit Parties and their Subsidiaries in connection with its their businesses or in connection with the Collateral. The Agent agrees not to use any such license prior to the occurrence of an Event of Default without giving the Borrower Borrowers prior notice.
Appears in 1 contract
Samples: Credit Agreement (Lynch Corp)
License for Use of Software and Other Intellectual Property. Unless expressly prohibited by the licensor thereof, if any, the Agent is hereby granted a license to use all computer software programsprograms (including the relevant source codes), data bases, processes and materials used by the Borrower any Credit Party in connection with its businesses or in connection with the Collateral. The Agent agrees not to use any such license prior to the occurrence of an Event of Default without giving the Borrower Borrowers' prior noticeconsent.
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