Common use of Maintain Rights and Facilities Clause in Contracts

Maintain Rights and Facilities. The Company shall maintain and preserve its corporate existence and all permits, rights and franchises necessary to the conduct of its business in full force and effect and adequate for its business as presently conducted and proposed to be conducted. The Company shall maintain complete and exclusive ownership of, but shall have the right to license or sublicense, its patents, trademarks, trade names, service marks, and other proprietary rights.

Appears in 4 contracts

Samples: Convertible Debenture and Warrant Purchase Agreement (Divicore Inc), Convertible Debenture and Warrant Purchaser Agreement (Divicore Inc), Warrant Purchase Agreement (Divicore Inc)

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