Common use of No Knowledge of Existing or Threatened Claims Clause in Contracts

No Knowledge of Existing or Threatened Claims. No claim has been made and is continuing or, to the Grantor's knowledge, threatened that the use by such Grantor of any item of Collateral is invalid or unenforceable or that the use by such Grantor of any Collateral does or may violate the rights of any Person, which would have a Material Adverse Effect. To the Grantor's knowledge, there is currently no infringement or unauthorized use of any item of Collateral contained on Schedules I and II hereto which would have a Material Adverse Effect. The Grantor agrees that the foregoing representations and warranties shall be deemed to have been made by the Grantor on and as of each date on which an extension of credit is made by the Lenders to the Borrower under the Credit Agreement, in each case as though made on and as of each such date (or, if any such representation or warranty is expressly stated to have been made as of a specific date, as of such specific date).

Appears in 2 contracts

Samples: Patent and Trademark Security Agreement (Telex Communications Inc), Credit Agreement (Telex Communications Inc)

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No Knowledge of Existing or Threatened Claims. No claim has been made and is continuing or, to the Grantor's knowledge, threatened that the use by such the Grantor of any item of Collateral is invalid or unenforceable or that the use by such the Grantor of any Collateral does or may violate the rights of any Person, which would have a Material Adverse Effect. To the Grantor's knowledge, there is currently no infringement or unauthorized use of any item of Collateral contained on Schedules Schedule I and II hereto which would have a Material Adverse Effect. The Grantor agrees that the foregoing representations and warranties shall be deemed to have been made by the Grantor on and as of each date on which an extension of credit is made by the Lenders to the Borrower under the Credit Agreement, in each case as though made by the Grantor on and as of each such date (or, if any such representation or warranty is expressly stated to have been made as of a specific date, as of such specific date).

Appears in 1 contract

Samples: Security Agreement (Global Decisions Group LLC)

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No Knowledge of Existing or Threatened Claims. No claim has been made and is continuing or, to the Grantor's knowledge, threatened that the use by such Grantor of any item of Collateral is invalid or unenforceable or that the use by such Grantor of any Collateral does or may violate the rights of any Person, which would have a Material Adverse Effect. To the Grantor's knowledge, there is currently no infringement or unauthorized use of any item of Collateral contained on Schedules I and II hereto which would have a Material Adverse Effect. The Grantor agrees that the foregoing representations and warranties shall be deemed to have been made by the Grantor on and as of each date on which an extension of credit is made by the Lenders to the Borrower under the Credit Agreement, in each case as though 8 made on and as of each such date (or, if any such representation or warranty is expressly stated to have been made as of a specific date, as of such specific date).

Appears in 1 contract

Samples: Patent and Trademark Security Agreement (Day International Group Inc)

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