Common use of Maintenance of Corporate Existence, etc Clause in Contracts

Maintenance of Corporate Existence, etc. The Company shall maintain in full force and effect its corporate existence, rights, government approvals and franchises and all licenses and all Listed Rights and other rights to use patents, processes, licenses, trademarks, trade names or copyrights owned or possessed by it. The Company will not transfer, assign or license any of its Listed Rights, know-how, technology, trade secrets or Intellectual Property now owned or hereafter acquired by it without the written consent of the Holder, which consent the Holder may withhold in its discretion.

Appears in 1 contract

Samples: Stock Purchase Agreement (International Telecommunication Data Systems Inc)

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Maintenance of Corporate Existence, etc. The Company shall ---------------------------------------- maintain in full force and effect its corporate existence, rights, government approvals rights and franchises and all licenses and all Listed Rights and other rights to use patents, processes, licenses, trademarks, trade names or copyrights owned or possessed by it. The it or any subsidiary and deemed by the Company will not transfer, assign or license any to be necessary to the conduct of its Listed Rights, know-how, technology, trade secrets or Intellectual Property now owned or hereafter acquired by it without the written consent of the Holder, which consent the Holder may withhold in its discretiontheir business.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Applied Micro Circuits Corp)

Maintenance of Corporate Existence, etc. The Company Corporation shall --------------------------------------- maintain in full force and effect its corporate existence, rights, government governmental approvals and franchises and all licenses and all Listed Rights and other rights to use patents, processes, licenses, trademarks, trade names or copyrights owned or possessed by it. The Company will not transfer, assign or license any it and deemed by the Corporation to be material to the conduct of its Listed Rights, know-how, technology, trade secrets or Intellectual Property now owned or hereafter acquired by it without the written consent of the Holder, which consent the Holder may withhold in its discretionbusiness.

Appears in 1 contract

Samples: Preferred Stock and Warrant Purchase Agreement (Concentric Network Corp)

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Maintenance of Corporate Existence, etc. The Company shall maintain --------------------------------------- in full force and effect its corporate existence, rights, government approvals rights and franchises and all licenses and all Listed Rights and other rights to use patents, processes, licenses, trademarks, trade names or copyrights owned or possessed by it. The it or any subsidiary and deemed by the Company will not transfer, assign or license any to be necessary to the conduct of its Listed Rights, know-how, technology, trade secrets or Intellectual Property now owned or hereafter acquired by it without the written consent of the Holder, which consent the Holder may withhold in its discretiontheir business.

Appears in 1 contract

Samples: Convertible Preferred Stock Purchase Agreement (Applied Micro Circuits Corp)

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