Patents, Licenses, etc. The Borrower shall not sell or transfer any material licenses, copyrights, patents, permits, applications, reports, authorizations, easements and other rights necessary for the conduct of its business, the termination of which would have a Material Adverse Effect. Borrower shall not forfeit or allow to lapse any rights under any patent, copyright or license, the loss of which would have a Material Adverse Effect.
Appears in 6 contracts
Samples: Loan Agreement (Intelect Communications Inc), Loan Agreement (Intelect Communications Systems LTD), Loan Agreement (Intelect Communications Inc)
