Common use of PERMITS, FRANCHISES Clause in Contracts

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 28 contracts

Samples: Credit Agreement, Loan Agreement (Wayfair Inc.), Loan Agreement (Mechanical Technology Inc)

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PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 27 contracts

Samples: Loan Agreement (Solitron Devices Inc), Loan Agreement (R F Industries LTD), Loan Agreement (Stryve Foods, Inc.)

PERMITS, FRANCHISES. The Each Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 9 contracts

Samples: Business Loan Agreement (Bebe Stores Inc), Plan and Trust Agreement (California Water Service Group), Business Loan Agreement (California Water Service Group)

PERMITS, FRANCHISES. The Each Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 8 contracts

Samples: Loan Agreement (Resources Connection Inc), Loan Agreement (Iaso Pharma Inc), Loan Agreement (Air T Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict with the rights of others.

Appears in 6 contracts

Samples: Sa Business Loan Agreement (Flir Systems Inc), Loan Agreement (Advanced Machine Vision Corp), Sa Business Loan Agreement (Claremont Technology Group Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict with the rights of others except to the extent that Borrower’s failure to comply with the foregoing would not result in a Material Adverse Change.

Appears in 6 contracts

Samples: Commercial Loan Agreement, Commercial Loan Agreement (ICON ECI Fund Sixteen), Commercial Loan Agreement (Icon Eci Fund Fifteen, L.P.)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Essex Portfolio Lp), Revolving Credit Agreement (Essex Property Trust Inc), Revolving Loan Agreement (Essex Portfolio Lp)

PERMITS, FRANCHISES. The Borrower possesses shall maintain, preserve, and renew all permits, memberships, franchises, contracts contracts, and licenses required and all trademark rights, trade names, trade name rights, patents, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedwithout conflict with the rights of others.

Appears in 3 contracts

Samples: Loan Agreement (Jacksonville Bancorp Inc /Fl/), Loan Agreement (Jacksonville Bancorp Inc /Fl/), Loan Agreement (Jacksonville Bancorp Inc /Fl/)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged except to the extent that the failure to so possess could not reasonably be expected to result in a Material Adverse Change.

Appears in 3 contracts

Samples: Revolving Credit Agreement, Term Loan Agreement (Solarcity Corp), Revolving Credit Agreement (Solarcity Corp)

PERMITS, FRANCHISES. The Each of the Borrower and its Subsidiaries possesses all permits, memberships, franchises, contracts and contracts, licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 3 contracts

Samples: Loan Agreement (Cumberland Pharmaceuticals Inc), Loan Agreement (Cumberland Pharmaceuticals Inc), Loan Agreement (Cumberland Pharmaceuticals Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts contracts, and licenses required and all trademark rights, trade names, trade name rights, patents, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict with the rights of others.

Appears in 3 contracts

Samples: Loan Agreement (Jacksonville Bancorp Inc /Fl/), Loan Agreement (Jacksonville Bancorp Inc /Fl/), Loan Agreement (Jacksonville Bancorp Inc /Fl/)

PERMITS, FRANCHISES. The Borrower possesses possesses, and will maintain, all permitsGovernmental Permits, memberships, franchises, contracts and licenses required and all trademark rights, trade names, trade name rights, patents, patent rights, copyrights rights and fictitious name rights necessary to enable it Borrower to conduct the business in which it Borrower is now engagedengaged without conflict with the rights of others.

Appears in 3 contracts

Samples: Loan and Security Agreement (Mountain Acquisition Corp.), Loan and Security Agreement (Mountain Acquisition Corp.), Loan Agreement (Greenhill & Co Inc)

PERMITS, FRANCHISES. The Borrower possesses or its Subsidiaries possess all permits, memberships, franchises, contracts contracts, and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it the Borrower and its Subsidiaries to conduct the business businesses in which it is they are now engaged.

Appears in 2 contracts

Samples: Credit Agreement (Filenet Corp), Credit Agreement (Filenet Corp)

PERMITS, FRANCHISES. The Borrower possesses all material permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 2 contracts

Samples: Loan Agreement (Lapolla Industries Inc), Loan Agreement (Immunomedics Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged except to the extent Borrower’s failure to possess such permits or other rights has not resulted or would not reasonably be expected to result in a material adverse effect on Borrower or its business.

Appears in 2 contracts

Samples: Loan Agreement (Grand Canyon Education, Inc.), Loan Agreement (Grand Canyon Education, Inc.)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict with the rights of others except to the extent that Borrower's failure to comply with the foregoing would not result in a Material Adverse Change.

Appears in 2 contracts

Samples: Commercial Loan Agreement (ICON Equipment & Corporate Infrastructure Fund Fourteen, L.P.), Commercial Loan Agreement (ICON Leasing Fund Twelve, LLC)

PERMITS, FRANCHISES. The Borrower possesses possesses, and will hereafter possess, all material permits, memberships, franchises, contracts and licenses required and all copyrights, trademark rights, trade names, trade name rights, patents, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged and to commence construction of the Expansion.

Appears in 2 contracts

Samples: Credit Agreement (Rentech Nitrogen Partners, L.P.), Credit Agreement (Rentech Inc /Co/)

PERMITS, FRANCHISES. The Borrower, and each Material Borrower Entity, possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 2 contracts

Samples: Credit Loan Agreement (Bre Properties Inc /Md/), Credit Loan Agreement (Bre Properties Inc /Md/)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all contracts, licenses, trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary material to enable it to the conduct of the business in which it is now engaged.

Appears in 2 contracts

Samples: Loan Agreement (K Swiss Inc), Loan Agreement (K Swiss Inc)

PERMITS, FRANCHISES. The To the best of Borrower's knowledge, Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade names, trade name rights, patents, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict with the rights of others.

Appears in 2 contracts

Samples: Loan Agreement (Corporate Realty Income Fund I L P), Loan Agreement (Corporate Realty Income Fund I L P)

PERMITS, FRANCHISES. The Borrower possesses and its Subsidiaries possess all permits, memberships, franchises, contracts contracts, and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it the Borrower and its Subsidiaries to conduct the business businesses in which it is they are now engaged.

Appears in 2 contracts

Samples: Credit Agreement (Digital Microwave Corp /De/), Credit Agreement (Microtest Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade names, trade name rights, patents, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict with the rights of others.

Appears in 2 contracts

Samples: Term Loan Agreement (Invesco Real Estate Income Trust Inc.), Mezzanine Loan Agreement (Stratus Properties Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 2 contracts

Samples: Credit Loan Agreement, Credit Loan Agreement (Limoneira CO)

PERMITS, FRANCHISES. The Borrower, and each Material Borrower Entity, possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Credit Loan Agreement (Bre Properties Inc /Md/)

PERMITS, FRANCHISES. The Borrower possesses and its Subsidiaries possess all ------------------- permits, memberships, franchises, contracts contracts, and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it the Borrower and its Subsidiaries to conduct the business businesses in which it is they are now engaged.

Appears in 1 contract

Samples: Credit Agreement (Powerwave Technologies Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged, except to the extent not reasonably expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Natco Group Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it ft is now engaged, except where such failure would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Business Loan Agreement (TRM Corp)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged and where the failure to do so would cause a material adverse effect on the financial condition of the Borrower and its subsidiaries, taken as a whole, or would materially affect the ability of the Borrower to repay its obligations to the Bank.

Appears in 1 contract

Samples: Security Agreement (Cerprobe Corp)

PERMITS, FRANCHISES. The Borrower possesses all permitsgovernmental licenses, membershipsauthorizations, franchisesconsents and approvals required, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it necessary, to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Loan Agreement (Hooker Furniture Corp)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged, except where the failure to possess the same does not have a Material Adverse Effect.

Appears in 1 contract

Samples: Business Loan Agreement (Stater Bros Holdings Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged . 16.

Appears in 1 contract

Samples: Loan Agreement (BurgerFi International, Inc.)

PERMITS, FRANCHISES. The Borrower and each of its Subsidiaries possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Business Loan Agreement (Fuel Tech N V)

PERMITS, FRANCHISES. The Borrower possesses Borrowers possess all permits, memberships, franchises, contracts contracts, and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict with the rights of others.

Appears in 1 contract

Samples: Lec Technologies Inc

PERMITS, FRANCHISES. The Borrower possesses all material permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Business Loan Agreement (Network Equipment Technologies Inc)

PERMITS, FRANCHISES. The Borrower possesses and its subsidiaries possess all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Business Loan Agreement (Oyo Geospace Corp)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Loan Agreement (Xeta Technologies Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, ------------------- franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict with the rights of others, except for claims alleged in litigation disclosed to Bank which claims are currently disputed by Borrower.

Appears in 1 contract

Samples: Commercial Loan Agreement (Artest Corp)

PERMITS, FRANCHISES. The Borrower possesses all material permits, memberships, franchises, contracts and licenses required and all material trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.. 7.10

Appears in 1 contract

Samples: Loan Agreement (DLH Holdings Corp.)

PERMITS, FRANCHISES. The Each Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict with the rights of others.

Appears in 1 contract

Samples: Commercial Loan Agreement (Arlen Corp)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and contracts, licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Loan Agreement (Cumberland Pharmaceuticals Inc)

PERMITS, FRANCHISES. The To the best of Borrower's knowledge, the Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Agreement (Amplicon Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.. 6.9

Appears in 1 contract

Samples: California Water Service Co

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PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged and where the absence of which would cause a material adverse effect on the Borrower's financial condition or operations.

Appears in 1 contract

Samples: Security Agreement (Titan Corp)

PERMITS, FRANCHISES. The Borrower possesses possesses, and will hereafter possess, all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade names, trade name rights, patents, patent rights, copyrights rights and fictitious name rights necessary to enable it Borrower to conduct the business in which it Borrower is now engagedengaged without conflict with the rights of others.

Appears in 1 contract

Samples: Loan and Security Agreement (Micrel Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.. 5

Appears in 1 contract

Samples: Loan Agreement (Pope Resources LTD Partnership)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged, except where such failure would not result in a material adverse impact to the Borrower or the collateral.

Appears in 1 contract

Samples: Business Loan Agreement (TRM Corp)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious or assumed name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Security Agreement (United Auto Group Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.. 6.10

Appears in 1 contract

Samples: Secured Business Loan Agreement (Greg Manning Auctions Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged., except where the failure to possess any such item could not reasonably be expected to have a Material Adverse Effect. 8.19

Appears in 1 contract

Samples: Credit Agreement Between Tejon Ranchcorp (Tejon Ranch Co)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, and patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Credit Agreement (FFP Partners L P)

PERMITS, FRANCHISES. The Borrower possesses all permitsgovernmental licenses, membershipsauthorizations, franchisesconsents and approvals required, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it necessary, to conduct the business in which it is now engaged, except to the extent that the failure to do so would not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Hooker Furniture Corp)

PERMITS, FRANCHISES. The To Borrower's Knowledge, Borrower possesses all material permits, memberships, franchises, contracts and licenses required and all material trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged, provided that additional permits will be required to open Borrower's mines.

Appears in 1 contract

Samples: Credit Loan Agreement (ASPA Gold Corp)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.engaged except where the failure to so possess such permits, memberships, franchises, contracts, licenses and rights would not have a material adverse effect on the Borrower. 6.9

Appears in 1 contract

Samples: Bridge Loan Agreement (Coast Casinos Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged, except to the extent failure to possess all such permits is not reasonably likely to result in a material adverse effect.

Appears in 1 contract

Samples: Credit Agreement (Nautilus, Inc.)

PERMITS, FRANCHISES. The Each Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict of the rights of others.

Appears in 1 contract

Samples: Agribiotech Inc

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights and rights end fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Business Loan Agreement (U S Laboratories Inc)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business businesses in which it is now respectively engaged.

Appears in 1 contract

Samples: Loan Agreement (Video Display Corp)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict with the right of others.

Appears in 1 contract

Samples: Business Loan Agreement (Coffee People Inc)

PERMITS, FRANCHISES. The Each Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged, in all material respects.

Appears in 1 contract

Samples: Sunquest Information Systems Inc

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged. 7.10.

Appears in 1 contract

Samples: Business Loan Agreement (Winter Sports Inc /New)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged, except in cases in which failure to possess the same would not have a material adverse effect on the Borrower’s business or financial condition.

Appears in 1 contract

Samples: Loan Agreement (Newport Corp)

PERMITS, FRANCHISES. The To the Borrower’s knowledge, the Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Loan Agreement (Daktronics Inc /Sd/)

PERMITS, FRANCHISES. The Borrower and its subsidiaries each possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Pledge Agreement (Central Valley Community Bancorp)

PERMITS, FRANCHISES. The To the Borrower’s knowledge after reasonable inquiry, Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights rights, in each case necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Business Loan Agreement (Excelligence Learning Corp)

PERMITS, FRANCHISES. The Borrower, and each Material Borrower possesses Entity, possess all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Credit Loan Agreement (Bre Properties Inc /Md/)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged. Section 5.11.

Appears in 1 contract

Samples: Credit Agreement

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, ------------------- franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged.

Appears in 1 contract

Samples: Business Loan Agreement (Aztec Manufacturing Co)

PERMITS, FRANCHISES. The Borrower possesses all material permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights copyrights, and fictitious name rights necessary to enable it to conduct the business in which it is now engaged, except to the extent that the failure to do so could not reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Remark Media, Inc.)

PERMITS, FRANCHISES. The Borrower possesses all permits, memberships, ------------------- franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights, copyrights rights and fictitious name rights necessary to enable it to conduct the business in which it is now engagedengaged without conflict of the rights of others.

Appears in 1 contract

Samples: Business Loan Agreement (Image Entertainment Inc)

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