Common use of PERMITS, FRANCHISES Clause in Contracts

PERMITS, FRANCHISES. Borrower and each other Loan Party possess, and will hereafter possess, all permits, franchises and licenses required and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable each of them to conduct the business in which they are now engaged in compliance with applicable law, and without conflict with the rights of others.

Appears in 3 contracts

Samples: Credit Agreement (Symmetricom Inc), Credit Agreement (Datum Inc), Credit Agreement (Datum Inc)

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PERMITS, FRANCHISES. Borrower and each other Each Loan Party possess, 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 each of them it to conduct the business in which they are it is now engaged in compliance with applicable law, and without conflict with law or in which the rights of othersfailure to so possess could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Antero Midstream GP LP), Credit Agreement

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PERMITS, FRANCHISES. Borrower and each other Each Loan Party possesspossesses, 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 each of them it to conduct the business in which they are it is now engaged in compliance with applicable law, and without conflict with except to the extent that failure to possess such rights could not reasonably be expected to have a material adverse effect on the financial condition or business of othersany Loan Party.

Appears in 1 contract

Samples: Credit Agreement (Wilhelmina International, Inc.)

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