Common use of PERMITS, FRANCHISES Clause in Contracts

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries 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.

Appears in 2 contracts

Samples: Credit Agreement (Conceptus Inc), Credit Agreement (Auto Graphics Inc)

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PERMITS, FRANCHISES. Borrower and each of its Subsidiaries Affiliate 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.

Appears in 2 contracts

Samples: Credit Agreement (Barrett Business Services Inc), Credit Agreement (Barrett Business Services Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries possessesSubsidiary 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 each of them to conduct the business in which it each of them is now engaged in compliance with applicable law.

Appears in 2 contracts

Samples: Credit Agreement (Advanced Materials Group Inc), Credit Agreement (Smtek International Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries 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.

Appears in 1 contract

Samples: Credit Agreement (American Reprographics CO)

PERMITS, FRANCHISES. Each Borrower and each of its Subsidiaries 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, except for any non-compliance which would not have a material adverse effect on the financial condition or operations of Borrowers and the Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Credit Agreement (Guitar Center Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries the Affiliates 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.

Appears in 1 contract

Samples: Credit Agreement (Barrett Business Services Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries possessesSubsidiary 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 . 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.

Appears in 1 contract

Samples: Credit Agreement (Willdan Group, Inc.)

PERMITS, FRANCHISES. Each of Borrower and each of its Subsidiaries 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, in each case, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

Appears in 1 contract

Samples: Credit Agreement (Skullcandy, Inc.)

PERMITS, FRANCHISES. Borrower Borrower, and each of its Subsidiaries Subsidiary, possesses, and will hereafter possess, (a) all permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses required required, and rights to (b) and all trademarkstrademark rights, trade names, trade name rights, patents, patent rights and fictitious namesname rights necessary, if any, necessary to enable it to conduct the business in which it is now engaged in compliance without violation of any Governmental Rule or conflict with applicable lawthe rights of others, except where the failure so to possess such items would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Copart Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries possesses, and will hereafter possess, Material Subsidiary possess 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.

Appears in 1 contract

Samples: Credit Agreement (Safeguard Health Enterprises Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries 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, except, where failure to possess the same individually or in the aggregate could not reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Intermec, Inc.)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries Subsidiary Guarantor 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.

Appears in 1 contract

Samples: Credit Agreement (Saba Software Inc)

PERMITS, FRANCHISES. Each of Borrower and each of its the Subsidiaries 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.

Appears in 1 contract

Samples: Credit Agreement (Acr Group Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries possessesMaterial Subsidiary 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, except where the failure to possess any such permits, consents, approvals, franchises, licenses or rights could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Korn Ferry International)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries Subsidiary 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 lawApplicable Law.

Appears in 1 contract

Samples: Credit Agreement (Liquidity Services Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries possesses, and will hereafter possess, subsidiaries 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 or such subsidiary to conduct the business in which it is now engaged in compliance with applicable law.

Appears in 1 contract

Samples: Credit Agreement (GoPro, Inc.)

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PERMITS, FRANCHISES. Borrower and each of its Subsidiaries 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, except where failure to possess the same individually or in the aggregate could not reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Intermec, Inc.)

PERMITS, FRANCHISES. Borrower and each Subsidiary of its Subsidiaries possessesBorrower possess, 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 each of them to conduct the business in which it each is now engaged in compliance without conflict with applicable lawthe rights of others, except where the failure so to possess such rights or property would not have a material adverse effect upon Borrower or any such Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (Leslies Poolmart Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries Guarantor 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.

Appears in 1 contract

Samples: Credit Agreement (Winnebago Industries Inc)

PERMITS, FRANCHISES. Borrower Borrower, and each of its Subsidiaries Subsidiary, possesses, (a) all permits, and will hereafter possess, all permitsmemberships, consentsfranchises, approvals, franchises contracts and licenses required required, and rights to (b) and all trademarkstrademark rights, trade names, trade name rights, patents, patent rights and fictitious namesname rights necessary, if any, necessary to enable it to conduct the business in which it is now engaged in compliance without violation of any Governmental Rule or conflict with applicable lawthe rights of others, except where the failure so to possess such items would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Copart Inc)

PERMITS, FRANCHISES. Each of the Borrower and each of its Subsidiaries 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 material compliance with applicable law.

Appears in 1 contract

Samples: Credit Agreement (Cree Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries possessessubsidiary 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 to conduct the business in which it is now engaged in compliance with applicable law.

Appears in 1 contract

Samples: Credit Agreement (Simulations Plus Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries 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 in all material respects the business in which it is now engaged in compliance with applicable law.

Appears in 1 contract

Samples: Credit Agreement (Keystone Automotive Industries Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries Subsidiary 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 each of them to conduct the business in which it each is now engaged in compliance with applicable law.

Appears in 1 contract

Samples: Credit Agreement (Data Processing Resources Corp)

PERMITS, FRANCHISES. Each Borrower and each of its Subsidiaries possessesSubsidiary 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 each of them to conduct the business in which it is now engaged in compliance with applicable law.

Appears in 1 contract

Samples: Credit Agreement (Summa Industries/)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries possessesSubsidiaries, and each Subsidiary of a Subsidiary, 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 to conduct the business in which it is now engaged in compliance with applicable lawLaw.

Appears in 1 contract

Samples: Credit Agreement (Natus Medical Inc)

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