Common use of Licenses and Assignments Clause in Contracts

Licenses and Assignments. Each Grantor hereby agrees not to divest itself of any material right under or with respect to any Intellectual Property material to its business other than in the ordinary course of business or as expressly permitted pursuant to the Credit Agreement absent prior written approval of the Administrative Agent.

Licenses and Assignments. Each Grantor hereby agrees not to divest itself of any material right under or with respect to any Intellectual Property material to its business other than in the ordinary course of business or as expressly permitted pursuant to the Credit Agreement (including Permitted Licenses) absent prior written approval of the Administrative Agent.

Licenses and Assignments. Each Grantor hereby agrees not to divest itself of any material right under or with respect to any Intellectual Property material to its business other than in the ordinary course of business or as expressly permitted pursuant to the Credit Agreement absent prior written approval of the Administrative AgentAgreement.

Licenses and Assignments. Each Except as otherwise permitted by the Credit Agreement or any of the other Loan Documents, each Grantor hereby agrees not to divest itself of any material right rights under any material Patents or with respect to any Intellectual Property material to its business Copyrights without (in each case) the prior written approval of the Administrative Agent, other than in the ordinary course of business or as expressly permitted pursuant to in the Credit Agreement absent prior written approval event that the Grantor determines, in its reasonable business judgment, that such Patents or Copyrights are no longer necessary or desirable in the conduct of the Administrative Agentits business.

Licenses and Assignments. Each Grantor hereby agrees not to divest itself of any material right under or with respect to any Intellectual Property intellectual property material to its business other than in the ordinary course of business or as expressly permitted pursuant to the Credit Loan Agreement absent prior written approval of the Administrative AgentLender.