Common use of Maintenance of Licenses and Permits Clause in Contracts

Maintenance of Licenses and Permits. The Borrower will maintain and preserve, and will cause each of its Subsidiaries to maintain and preserve, all Intellectual Property, rights, permits, licenses, Regulatory Approvals and privileges issued under or arising under any Requirements of Law to the extent material to the conduct of the business of the Borrower or any of its Subsidiaries.

Appears in 2 contracts

Samples: Credit Agreement (Headway Corporate Resources Inc), Credit Agreement (Internationale Nederlanden Capital Corp)

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Maintenance of Licenses and Permits. The Borrower Borrowers will maintain and preserve, and will cause each of its their Subsidiaries to maintain and preserve, all material Intellectual Property, rights, permits, licenses, Regulatory Approvals approvals and privileges issued under or arising under any Requirements of Law to the extent material to the conduct of the business of the Borrower or any of its SubsidiariesLaw.

Appears in 1 contract

Samples: Credit Agreement (National Rv Holdings Inc)

Maintenance of Licenses and Permits. The Borrower will maintain and preserve, and will cause each of its Subsidiaries to maintain and preserve, all material Intellectual Property, rights, permits, licenses, Regulatory Approvals approvals and privileges issued under or arising under any Requirements of Law to the extent material to the conduct of the business of the Borrower or any of its Subsidiariesapplicable Law.

Appears in 1 contract

Samples: Revolving Credit Agreement (Minimed Inc)

Maintenance of Licenses and Permits. The Borrower will maintain and preserve, and will cause each of its Subsidiaries to maintain and preserve, all Intellectual Property, rights, permits, licenses, Regulatory Approvals approvals and privileges issued under or arising under any Requirements of Law Law, except where the failure to the extent material do so could not reasonably be expected to the conduct of the business of the Borrower result in a Material Adverse Change, Project Delay or any of its SubsidiariesCost Overrun.

Appears in 1 contract

Samples: Credit Agreement (Pico Holdings Inc /New)

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Maintenance of Licenses and Permits. The Borrower will maintain and preserve, and will cause each of its Subsidiaries to maintain and preserve, all Intellectual Property, rights, permits, licenses, Regulatory Approvals approvals and privileges issued under or arising under any Requirements of Law to the extent material to the conduct of the business of the Borrower or any of its SubsidiariesLaw.

Appears in 1 contract

Samples: Credit Agreement (Creative Host Services Inc)

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