Common use of Patents, Licenses, etc Clause in Contracts

Patents, Licenses, etc. Except for those matters disclosed in the Public Filings, the Borrower warrants that it has all right and title to, and has maintained and caused each Subsidiary to maintain in full force and effect, all material licenses, copyrights, patents, permits, applications, reports, authorizations, easements and other rights as are necessary for the conduct of the business of Borrower and its Consolidated Subsidiaries, where the termination of such rights would have a Material Adverse Effect.

Appears in 3 contracts

Samples: Loan Agreement (Intelect Communications Inc), Loan Agreement (Intelect Communications Inc), Loan Agreement (Intelect Communications Inc)

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Patents, Licenses, etc. Except for those matters disclosed described in "Note 8" to the Public Filings1996 Financial Statements, the Borrower warrants that it has all right and title to, and has maintained and caused each Subsidiary to maintain in full force and effect, all material licenses, copyrights, patents, permits, applications, reports, authorizations, easements and other rights as are necessary for the conduct of the business of Borrower and its Consolidated Subsidiaries, where the termination of such rights would have a Material Adverse Effect.

Appears in 3 contracts

Samples: Loan Agreement (Intelect Communications Systems LTD), Loan Agreement (Coastal Corp), Loan Agreement (Intelect Communications Systems LTD)

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