Common use of Licenses and Contracts Clause in Contracts

Licenses and Contracts. All franchises, licenses, trademarks, ---------------------- trade names, copyrights, patents, permits, certificates, consents, approvals, authorizations, agreements and contracts necessary to operate Borrower's business as it currently is being operated and to own or lease Borrower's property have been obtained, are in effect, have been complied with in all material respects by Borrower, are free from challenge, and to the best of Borrower's knowledge are fully assignable to the Lender for the purpose of securing the Revolving Loan. Borrower has no knowledge and has not received any notice to the effect that any product it manufactures or sells, or any service it renders, or any process, method, know-how, trade secret, part or material it employs in the manufacture of any product it makes or sells or any service it renders, or the marketing or use by it or another of any such product or service, may infringe any trademark, trade name, copyright, patent, trade secret or legally protected right of any other Person.

Appears in 1 contract

Samples: Credit Loan Agreement (Integral Systems Inc /Md/)

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Licenses and Contracts. All franchises, licenses, trademarks, ---------------------- trade names, copyrights, patents, permits, certificates, consents, approvals, authorizations, agreements and contracts necessary to operate Borrower's ’s business as it currently is being operated and to own or lease Borrower's ’s property have been obtained, are in effect, have been complied with in all material respects by Borrower, are free from challengeand except as set forth in Schedule 5.13 attached hereto, and to the best of Borrower's knowledge are fully assignable to the Lender for the purpose of securing the Revolving Loan. Borrower has no knowledge and has not received any notice to the effect that any product it manufactures or sells, or any service it renders, or any process, method, know-how, trade secret, part or material it employs in the manufacture of any product it makes or sells or any service it renders, or the marketing or use by it or another of any such product or service, may infringe any trademark, trade name, copyright, patent, trade secret or legally protected right of any other Person.

Appears in 1 contract

Samples: Credit Loan Agreement (Varsity Group Inc)

Licenses and Contracts. All franchises, licenses, trademarks, trade ---------------------- trade names, copyrights, patents, permits, certificates, consents, approvals, authorizations, agreements and contracts necessary to operate Borrower's business as it currently is being operated and to own or lease Borrower's property have been obtained, are in effect, have been complied with in all material respects by Borrower, are free from challenge, and to the best of Borrower's knowledge are fully assignable to the Lender for the purpose of securing the Revolving LoanLoan to the extent allowed under applicable law. Borrower has no knowledge and has not received any notice to the effect that any product it manufactures or sells, or any service it renders, or any process, method, know-how, trade secret, part or material it employs in the manufacture of any product it makes or sells or any service it renders, or the marketing or use by it or another of any such product or service, may infringe any trademark, trade name, copyright, patent, trade secret or legally protected right of any other Person.

Appears in 1 contract

Samples: Credit Loan Agreement and Security Agreement (Netplex Group Inc)

Licenses and Contracts. All franchises, licenses, trademarks, ---------------------- trade names, copyrights, patents, permits, certificates, consents, approvals, authorizations, agreements and contracts necessary to operate Borrower's ’s business as it currently is being operated and to own or lease Borrower's ’s property have been obtained, are in effect, have been complied with in all material respects by Borrower, are free from challenge, and to the best of Borrower's knowledge extent permitted under applicable law, are fully assignable to the Lender for the purpose of securing the Revolving Loan. Borrower has no knowledge and has not received any notice to the effect that any product it manufactures or sells, or any service it renders, or any process, method, know-how, trade secret, part or material it employs in the manufacture of any product it makes or sells or any service it renders, or the marketing or use by it or another of any such product or service, may infringe any trademark, trade name, copyright, patent, trade secret or legally protected right of any other Person.

Appears in 1 contract

Samples: Revolving Line of Credit Loan Agreement and Security Agreement (Efj Inc)

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Licenses and Contracts. All franchises, licenses, trademarks, ---------------------- trade names, copyrights, patents, permits, certificates, consents, approvals, authorizations, agreements and contracts necessary to operate Borrower's ’s business as it currently is being operated and to own or lease Borrower's ’s property have been obtained, are in effect, have been complied with in all material respects by Borrower, are free from challenge, and to the best of Borrower's knowledge extent permitted under applicable law, are fully assignable to the Lender for the purpose of securing the Revolving LoanLoans. Borrower has no knowledge and has not received any notice to the effect that any product it manufactures or sells, or any service it renders, or any process, method, know-how, trade secret, part or material it employs in the manufacture of any product it makes or sells or any service it renders, or the marketing or use by it or another of any such product or service, may infringe any trademark, trade name, copyright, patent, trade secret or legally protected right of any other Person.

Appears in 1 contract

Samples: Credit Loan Agreement and Security Agreement (Efj Inc)

Licenses and Contracts. All franchises, licenses, trademarks, ---------------------- trade names, copyrights, patents, permits, certificates, consents, approvals, authorizations, agreements and contracts necessary to operate Borrower's business as it currently is being operated and to own or lease Borrower's property have been obtained, are in effect, have been complied with in all material respects by Borrower, are free from challenge, and to the best of Borrower's knowledge are fully assignable to the Lender for the purpose of securing the Revolving LoanLoan and Term Loans. Borrower has no knowledge and has not received any notice to the effect that any product it manufactures or sells, or any service it renders, or any process, method, know-how, trade secret, part or material it employs in the manufacture of any product it makes or sells or any service it renders, or the marketing or use by it or another of any such product or service, may infringe any trademark, trade name, copyright, patent, trade secret or legally protected right of any other Person.

Appears in 1 contract

Samples: Term Loans Agreement and Security Agreement (On Site Sourcing Inc)

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