Common use of PERMITS, FRANCHISES Clause in Contracts

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

Appears in 4 contracts

Samples: Credit Agreement (Natus Medical Inc), Credit Agreement (Natus Medical Inc), Credit Agreement (Natus Medical Inc)

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PERMITS, FRANCHISES. Borrower and each of its Subsidiaries, and each Subsidiary of a Subsidiary, 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 it to conduct the business in which it is now engaged in compliance with applicable lawlaw and the failure of which to obtain would result in a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\), Credit Agreement (Landec Corp \Ca\)

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

Appears in 4 contracts

Samples: Subordinated Credit Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al), Subordinated Credit Agreement (Vaalco Energy Inc /De/), Subordinated Credit Agreement (1818 Fund Lp Brown Brothers Harriman Co Long T Michael Et Al)

PERMITS, FRANCHISES. Each of the Borrower and each of its Subsidiaries, and each Subsidiary of a Subsidiary, possess, and will hereafter possess, Subsidiaries possesses all permits, consentsmemberships, approvalsfranchises, franchises and contracts, licenses required and rights to all trademarkstrademark rights, trade namesname rights, patentspatent rights, copyrights, 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 3 contracts

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

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries, 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 the failure of which to comply with would have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Micrus Endovascular Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Arden Group Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries, and each Subsidiary of a Subsidiary, possess, 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 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 (Interlink Electronics Inc)

PERMITS, FRANCHISES. Borrower and each of its SubsidiariesBorrower, and each Subsidiary of a SubsidiaryMaterial Borrower Entity, possess, and will hereafter possess, possess 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.

Appears in 1 contract

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

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PERMITS, FRANCHISES. The Borrower and each of its Subsidiaries, and each Subsidiary of a Subsidiary, possess, and will hereafter possess, Subsidiaries possess all ------------------- permits, consentsmemberships, approvalsfranchises, franchises contracts, and licenses required and rights to all trademarkstrademark rights, trade namesname rights, patentspatent rights, and fictitious names, if any, name rights necessary to enable it the Borrower and its Subsidiaries to conduct the business businesses in which it is they are now engaged in compliance with applicable lawengaged.

Appears in 1 contract

Samples: Credit Agreement (Powerwave Technologies Inc)

PERMITS, FRANCHISES. Borrower and each of its Subsidiaries, and each Subsidiary of a Subsidiary, possesspossesses, 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.

Appears in 1 contract

Samples: Credit Agreement (International Network Services)

PERMITS, FRANCHISES. The Borrower and each of its Subsidiaries, and each Subsidiary of a Subsidiary, possess, and will hereafter possess, subsidiaries 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.

Appears in 1 contract

Samples: Business Loan Agreement (Calavo Growers Inc)

PERMITS, FRANCHISES. Each Borrower and each of its Subsidiaries, and each Subsidiary of a Subsidiary, possess, and will hereafter possess, possesses all permits, consents------------------- memberships, approvalsfranchises, franchises contracts and licenses required reguired 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: Business Loan Agreement (Kinetics Group Inc)

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