Common use of Patents, Licenses, Franchises and Formulas Clause in Contracts

Patents, Licenses, Franchises and Formulas. Each Borrower and each of its Material Subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, domain names, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc)

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Patents, Licenses, Franchises and Formulas. Each Borrower and each of its Material Subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, domain names, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc), Credit Agreement (Silgan Holdings Inc)

Patents, Licenses, Franchises and Formulas. Each of the Borrower and each of its Material Subsidiaries owns all the material patents, trademarks, permits, service marks, trade names, copyrights, domain names, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, reasonably necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, either individually or in the aggregate, could not would reasonably be expected to have result in a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Coinmach Service Corp), Credit Agreement (Coinmach Corp), Credit Agreement (Appliance Warehouse of America Inc)

Patents, Licenses, Franchises and Formulas. Each of Holdings, the Borrower and each of its Material their respective Subsidiaries owns all the material patents, trademarks, permits, service marks, trade names, copyrights, domain names, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to own or obtain which, as the case may be, either individually or would be reasonably likely to result in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Fairchild Semiconductor Corp), Credit Agreement (FSC Semiconductor Corp), Credit Agreement (Generac Portable Products Inc)

Patents, Licenses, Franchises and Formulas. Each of the Borrower and each of its Material Restricted Subsidiaries owns owns, or has the right to use, all the material patents, trademarks, permitstrade secrets, service marks, trade names, copyrights, domain names, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others whichothers, or the failure to obtain which, as the case may beexcept for such failures and conflicts which would not, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect.

Appears in 3 contracts

Samples: Superpriority Secured Debtor in Possession Term Loan Agreement (Pacific Drilling S.A.), Credit Agreement (Pacific Drilling S.A.), Credit Agreement (Pacific Drilling S.A.)

Patents, Licenses, Franchises and Formulas. Each The Borrower and each of its Material Subsidiaries owns own all the material patents, trademarks, permits, service marks, trade names, copyrights, domain names, licenses, franchises and formulas, or rights with respect to the foregoing, and has have obtained assignments of all leases and other rights of whatever nature, reasonably necessary for the present conduct of its their business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Waters Corp /De/), Credit Agreement (Waters Corp /De/)

Patents, Licenses, Franchises and Formulas. Each of the Borrower and each of its Material Subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, domain names, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, reasonably necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to own or obtain which, as the case may be, either individually or would be reasonably likely to result in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Big Flower Press Holdings Inc)

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Patents, Licenses, Franchises and Formulas. Each The Borrower and each of its Material ------------------------------------------ Subsidiaries owns own all the material patents, trademarks, permits, service marks, trade names, copyrights, domain names, licenses, franchises and formulas, or rights with respect to the foregoing, and has have obtained assignments of all leases and other rights of whatever nature, reasonably necessary for the present conduct of its their business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Waters Corp /De/)

Patents, Licenses, Franchises and Formulas. Each The Borrower and each of its Material Restricted Subsidiaries owns own all the material patents, trademarks, permits, service marks, trade names, copyrights, domain names, licenses, franchises and formulas, or rights with respect to the foregoing, and has have obtained assignments of all leases and other rights of whatever nature, reasonably necessary for the present conduct of its their business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Florsheim Shoe Co /De/)

Patents, Licenses, Franchises and Formulas. Each of the Borrower and each of its Material Subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, domain names, licenses, franchises franchises, proprietary information (including but not limited to rights in computer programs and databases) and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Term Loan Agreement (Alpine Group Inc /De/)

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