Non-Loan Party Subsidiaries. Parent and each Borrower will not permit any of their respective Subsidiaries that are not Loan Parties to own, or have an exclusive license to use, any Intellectual Property (as defined in the Guaranty and Security Agreement) that is material to the business of the Loan Parties.
Appears in 3 contracts
Samples: Credit Agreement (Hudson Technologies Inc /Ny), Credit Agreement (Hudson Technologies Inc /Ny), Credit Agreement (Hudson Technologies Inc /Ny)
Non-Loan Party Subsidiaries. Parent and each Each Borrower will not permit any of their respective Subsidiaries that are not Loan Parties to own, or have an exclusive license to use, any Intellectual Property (as defined in the Guaranty and Security Agreement) that is material to the business of the Loan Parties.
Appears in 2 contracts
Samples: Credit Agreement (Comtech Telecommunications Corp /De/), Term Loan Agreement (Comtech Telecommunications Corp /De/)
Non-Loan Party Subsidiaries. Parent and each Borrower will not permit any of their respective its Subsidiaries that are not Loan Parties to own, or have an exclusive license to use, any Intellectual Property (as defined in the Guaranty and Security Agreement) that is material to the business of the Loan Parties.
Appears in 1 contract
Samples: Subordinated Credit Agreement (Comtech Telecommunications Corp /De/)
Non-Loan Party Subsidiaries. Parent and each Borrower will not permit any of their respective Subsidiaries that are not Loan Parties to own, or have an exclusive license to use, own any Intellectual Property (as defined in the Guaranty and Security Agreement) that is material to the business of the Loan Parties.
Appears in 1 contract
