Common use of PERMITS, FRANCHISES Clause in Contracts

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. The Borrower possesses, and will hereafter possess, possesses all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawengaged.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and all rights to all trademarks, trade names, patents, patents and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all material permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade names, trade name rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance without conflict with applicable lawthe rights of others.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Each Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower and each Subsidiary possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except to the extent that non-compliance with the foregoing could not be reasonably expected to have a material adverse effect of Borrower’s consolidated operations or financial condition.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except for any such permits, consents, approvals, franchises and licenses the failure to possess which does not have and would not reasonably be expected to cause a Material Adverse Effect.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarks, trade names, if any, patents, and fictitious names, if any, names necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance in all material respects with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except as could not have a Material Adverse Effect on the financial condition or operation of Borrower.

PERMITS, FRANCHISES. The Borrower possesses, and will hereafter possess, possesses all permits, consentsfranchises, approvals, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade names, patentsname rights, and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawengaged.

PERMITS, FRANCHISES. The Borrower now possesses, and will hereafter possess, all permits, consentsmemberships, approvalsfranchises, franchises contracts, and licenses required and rights to all trademarkstrademark rights, trade names, trade name rights, patents, patent rights, and fictitious names, if any, name rights necessary to enable it to conduct its business without conflict with the business in which it is now engaged in compliance with applicable lawrights of others.

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses reasonably required for the conduct of such Person’s business and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, patents and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possesses all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, reasonably necessary to enable it to conduct the business in which it is now engaged in compliance in all material respects with applicable lawLaw.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possesses all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where the failure to so possess could not reasonably be expected to have a Material Adverse Effect.

PERMITS, FRANCHISES. To the best of the Borrower's knowledge, the Borrower possesses, and will hereafter possess, possesses all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawengaged.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possesses all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in material compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all material permits, consents, approvals, franchises and licenses required and rights to all material trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where the failure to possess any such permits, consents, approvals, franchises, licenses or rights would not reasonably be expected to have a Material Adverse Effect.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, any and all permits, consents, approvals, franchises and licenses required required, and any and all rights to all trademarks, trade names, patents, copyrights and fictitious namesnames necessary, if any, necessary to enable it to conduct the business in which it is now engaged engaged, in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where the failure to so possess could not reasonably be expected to have a material adverse effect on Borrower.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possesses all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade names, trade name rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance without conflict with applicable lawthe rights of others.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawlaw and which the failure to possess could reasonably be expected to have a material adverse effect.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possesses all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance without conflict with applicable lawthe rights of others.

PERMITS, FRANCHISES. Borrower possessesand the Subsidiaries possess, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it them to conduct the business businesses in which it is they are now engaged in compliance with applicable law.

PERMITS, FRANCHISES. The Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises -franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possessesBorrowers possess, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it them to conduct the business in which it is they are now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.. 4

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, ------------------- all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade names, trade name rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it Borrower to conduct the business in which it Borrower is now engaged in compliance without conflict with applicable lawthe rights of others.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in material compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where the failure to have such permit, consent, approval, franchise, license or right could not reasonably be expected to have a material adverse effect on the financial condition or operations of Borrower.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and franchises, licenses required and rights to all trademarks, trade names, patents, patents and fictitious names, if any, necessary required to enable it to conduct the business in which it is now engaged in compliance with applicable law, except to the extent that non-compliance with the foregoing could not reasonably be expected to have a material adverse effect on Borrower.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except to the extent that non-compliance with the foregoing could not be reasonably expected to have a material adverse effect of Borrower's consolidated operations or financial condition.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where such non-compliance will not have a material adverse affect on Borrower.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, other than those, which if not possessed, are not reasonably likely to have a material adverse effect on Borrower's operations or financial condition.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possess all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all material permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious namesrequired, if any, necessary to enable it to conduct the business in which it is now engaged in material compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all material permits, consents, approvals, franchises and licenses required and rights to all material trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance in all material respects with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where the failure to do so could not be reasonably expected to have a Material Adverse Effect.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawlaw where the failure to do so would have a material adverse effect on Borrower.

PERMITS, FRANCHISES. Borrower possesses, possesses and will hereafter possess, possess all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possesses all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in material compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.trademark

PERMITS, FRANCHISES. Borrower Borrowers possesses, and will hereafter possess, all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade names, trade name rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance without conflict with applicable lawthe rights of others.

PERMITS, FRANCHISES. Borrower possessesBorrowers possess, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it them to conduct the business in which it is they are now engaged in compliance with applicable law.law 11

PERMITS, FRANCHISES. Except as set forth in Schedule 3.8, Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all material trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with all applicable lawmaterial laws.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where the failure to do so could not reasonably be expected to have a material adverse effect on Borrower.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and all rights to all trademarks, trade names, patents, parents and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all material permits, consents, approvals, franchises and licenses required and all rights to all trademarks, trade names, patents, patents and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possesses all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except those, which if not possessed, have not resulted and could not be reasonably expected to result in a material adverse effect on BEI and its Restricted Subsidiaries taken as a whole.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except for any non-compliance which would not have a material adverse effect on the financial condition or operations of Borrower.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possessor can obtain rights to use, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where the failure to so possess such permits, consents, approvals, franchises, licenses or rights could not reasonably be expected to result in a Material Adverse Effect.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawlaw except to the extent such failure to possess, or compliance with applicable law would not have a material adverse effect of the condition (financial or otherwise), business, assets or operations of Borrower.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it the loss of which would have a material adverse effect on its ability to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Each Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it the absence of which could have a material adverse effect on the ability of such Borrower to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, possesses and will hereafter possess, possess all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary by Government Authorities to enable it Borrower to conduct the business in which it is now engaged in material compliance with applicable lawApplicable Law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except those which, if not possessed, are not reasonably likely to have a material adverse effect on Borrower's financial condition or operations.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawlaw and to the extent that Borrower's failure to possess any of the foregoing could reasonably be expected to have a material adverse effect on Borrower.

PERMITS, FRANCHISES. The Borrower possesses, and will hereafter possess, possesses all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawexcept where the failure to possess such permits, memberships, franchises, contracts, licenses and rights would not have a material adverse effect upon the Borrower's financial condition or results of operations.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possesses all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where the failure to so possess would not reasonably be expected to result in a material adverse effect.

PERMITS, FRANCHISES. The Borrower possesses, and will hereafter possess, possesses all permits, consentsfranchises, approvals, franchises and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patents, patent rights and fictitious names, if any, name rights reasonably necessary to enable it continue to conduct the its business in which it is now engaged in compliance with applicable lawas heretofore conducted.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except those the absence of which would not have a material adverse effect on Borrower.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, . consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law., other than those, which if not possessed, could not reasonably be expected to have a material adverse effect on Borrower’s consolidated financial condition or operations..

PERMITS, FRANCHISES. The Borrower possesses, and will hereafter possess, all material permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged without material infringement of the rights of any other person or entity ("Person") and in compliance with applicable lawlaw except to the extent such failure to possess, or compliance with applicable item would not have a material adverse effect of the condition (financial or otherwise), business, assets or operations of Borrower.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where the failure to do so could not reasonably be expected to have a Material Adverse Effect.

PERMITS, FRANCHISES. Each Borrower possesses, and will hereafter possess, all material permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance in all material respects with applicable law.

PERMITS, FRANCHISES. The Borrower possesses, and will hereafter possess, possesses all permits, consentsfranchises, approvals, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade names, patentsname rights, and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawengaged, the failure by the Borrower to possess which would have a Material Adverse Effect upon the Borrower or its business.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possesses all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawlaw and the failure of which to so possess would have a material adverse effect on the financial condition of Borrower and its subsidiaries taken as a whole.

PERMITS, FRANCHISES. To the best of Borrower's knowledge, Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.. 

PERMITS, FRANCHISES. The Borrower possesses, and will hereafter possess, possesses all permits, consentsmemberships, approvals, franchises franchise contracts and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance with applicable lawengaged.

PERMITS, FRANCHISES. Borrower possessesand its Subsidiaries possess, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it Borrower and its Subsidiaries to conduct the business in which it is they are now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except where the same are not material to Borrower.

PERMITS, FRANCHISES. The Borrower possesses, and will hereafter possess, possesses all material permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged or in compliance with applicable lawwhich it proposes to engage.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.,

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, possesses all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Each Borrower possesses, and will hereafter possess, possesses all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.engaged

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all material permits, memberships, consents, approvals, franchises franchises, contracts and licenses required and rights to all trademarksmaterial trademark rights, trade names, trade name rights, patents, patent rights and material fictitious names, if anyname rights, necessary to enable it to conduct the business in which it is now engaged in compliance without conflict with applicable lawthe rights of others.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in material compliance with applicable law.

PERMITS, FRANCHISES. Borrower possesses, and will hereafter possess, all permits, consents, approvals, franchises franchise and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.