Common use of Licenses and Assignments Clause in Contracts

Licenses and Assignments. Other than Permitted Licenses and the license agreements listed on Schedule 5 hereto and any extensions or renewals thereof, each Debtor hereby agrees not to divest itself of any right under any Patent except those Patents such Debtor reasonably determines are not necessary for the conduct of its or its Subsidiaries’ business.

Appears in 2 contracts

Samples: Security Agreement (Spartech Corp), Security Agreement (Spartech Corp)

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Licenses and Assignments. Other than Permitted Licenses and the license agreements listed on Schedule 5 hereto and any extensions or renewals thereof, each Debtor hereby agrees not to divest itself of any right under any Patent Trademark except those Patents such Debtor reasonably determines are not necessary for the conduct of its or its Subsidiaries’ business.

Appears in 2 contracts

Samples: Security Agreement (Spartech Corp), Security Agreement (Spartech Corp)

Licenses and Assignments. Other than Permitted Licenses and the license agreements listed on Schedule 5 hereto and any extensions or renewals thereof, each Debtor hereby agrees not to divest itself of any right under any Patent Copyright except those Patents such Debtor reasonably determines are not necessary for the conduct of its or its Subsidiaries’ business.

Appears in 2 contracts

Samples: Security Agreement (Spartech Corp), Security Agreement (Spartech Corp)

Licenses and Assignments. Other than Permitted Licenses and the license agreements listed on Schedule 5 hereto and any extensions or renewals thereof, each Debtor hereby agrees not to divest itself of any right under any Patent Copyright except those Patents such Debtor reasonably determines are not necessary for the conduct of its or its Subsidiaries' business.

Appears in 1 contract

Samples: Security Agreement (Pegasus Systems Inc)

Licenses and Assignments. Other than Permitted Licenses and the license agreements listed on Schedule 5 hereto and any extensions or renewals thereof, each Debtor hereby agrees not to divest itself of any right under any Patent Trademark except those Patents such Debtor reasonably determines are not necessary for the conduct of its or its Subsidiaries' business.

Appears in 1 contract

Samples: Security Agreement (Pegasus Systems Inc)

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Licenses and Assignments. Other than Permitted Licenses and the license agreements listed on Schedule 5 hereto and any extensions or renewals thereof, each Debtor hereby agrees not to divest itself of any right under any Patent Copyright except those Patents such Debtor reasonably determines are not necessary for the conduct of its or its Subsidiaries’ business.

Appears in 1 contract

Samples: Credit Agreement (Alon Brands, Inc.)

Licenses and Assignments. Other than Permitted Licenses and the license agreements listed on Schedule 5 hereto and any extensions or renewals thereof, each Debtor hereby agrees not to divest itself of any right under any Patent Trademark except those Patents such Debtor reasonably determines are not necessary for the conduct of its or its Subsidiaries’ business.

Appears in 1 contract

Samples: Credit Agreement (Alon Brands, Inc.)

Licenses and Assignments. Other than Permitted Licenses and the license agreements listed on Schedule 5 hereto and any extensions or renewals thereof, each Debtor hereby agrees not to divest itself of any right under any Patent except those Patents such Debtor reasonably determines are not necessary for the conduct of its or its Subsidiaries' business.

Appears in 1 contract

Samples: Security Agreement (Pegasus Systems Inc)

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