Common use of Patents, Trademarks, Franchises, etc Clause in Contracts

Patents, Trademarks, Franchises, etc. Each of Borrower and Guarantors owns, possesses, or has the right to use all necessary patents, trademarks, trademark rights, trade names, trade name rights, service marks, copyrights, franchises, and licenses, and rights with respect thereof, necessary to conduct its business as now conducted, without known conflict with any patent, trademark, trade name, service xxxx, franchise, license, or copyright of any other individual or entity, and in each case, subject to no mortgage, pledge, lien, lease, encumbrance, charge, security interest, title retention agreement, or option. All such patents, trademarks, trademark rights, trade names, trade name rights, service marks, copyrights, franchises, and licenses are in full force and effect, the holder thereof is in full compliance in all material respects with all of the provisions thereof, and no such asset or agreement is subject to any pending or, to the best of the Borrower's or any Guarantor’s knowledge, threatened attack or revocation.

Appears in 1 contract

Samples: Loan and Security Agreement (MIT Holding, Inc.)

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Patents, Trademarks, Franchises, etc. Each The Guarantor and each of Borrower and Guarantors its Subsidiaries owns, possesses, possesses or has the right to use all necessary patents, trademarks, trademark rights, trade names, trade name rights, service marks, copyrights, franchises, franchises and licenses, and rights with respect thereof, necessary to conduct its business as now conducted, without known conflict with any patent, trademark, trade nametradename, service xxxxservicemark, franchise, license, license or copyright of any other individual or entityPerson, and in each case, subject to no mortgage, pledge, lien, lease, encumbrance, charge, security interest, title retention agreement, agreement or option. All such patents, trademarks, trademark rights, trade namestradenames, trade name tradename rights, service marksservicemarks, copyrights, franchises, franchises and licenses are in full force and effect, the holder thereof is in full compliance in all material respects with all of the provisions thereof, and no such asset or agreement is subject to any pending or, to the best of the BorrowerGuarantor's or any Guarantor’s knowledge, threatened attack or revocation.

Appears in 1 contract

Samples: Guaranty Agreement (National Healthcare Corp)

Patents, Trademarks, Franchises, etc. Each The Partnership Guarantor and each of Borrower and Guarantors its Subsidiaries owns, possesses, possesses or has the right to use all necessary patents, trademarks, trademark rights, trade names, trade name rights, service marks, copyrights, franchises, franchises and licenses, and rights with respect thereof, necessary to conduct its business as now conducted, without known conflict with any patent, trademark, trade nametradename, service xxxxservicemark, franchise, license, license or copyright of any other individual or entityPerson, and in each case, subject to no mortgage, pledge, lien, lease, encumbrance, charge, security interest, title retention agreement, agreement or option. All such patents, trademarks, trademark rights, trade namestradenames, trade name tradename rights, service marksservicemarks, copyrights, franchises, franchises and licenses are in full force and effect, the holder thereof is in full compliance in all material respects with all of the provisions thereof, and no such asset or agreement is subject to any pending or, to the best of the BorrowerPartnership Guarantor's or any Guarantor’s knowledge, threatened attack or of revocation.

Appears in 1 contract

Samples: Guaranty Agreement (National Healthcare Corp)

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Patents, Trademarks, Franchises, etc. Each of Borrower and Guarantors The Guarantor owns, possesses, or has the right to use all necessary patents, trademarks, trademark rights, trade names, trade name rights, service marks, copyrights, franchises, and licenses, and rights with respect thereof, necessary to conduct its business as now conducted, without known conflict with any patent, trademark, trade name, service xxxx, franchise, license, or copyright of any other individual or entityPerson, and in each case, subject to no mortgage, pledge, lien, lease, encumbrance, charge, security interest, title retention agreement, or option. All such patents, trademarksservice marks, trademark rights, trade names, trade name rights, service marks, copyrights, franchises, and licenses are in full force and effect, the holder thereof is in full compliance in all material respects with all of the provisions thereof, and no such asset or agreement is subject to any pending or, to the best of the BorrowerGuarantor's or any Guarantor’s knowledge, threatened attack or revocation.

Appears in 1 contract

Samples: Loan and Security Agreement (American Artists Film Corp/Mo/)

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