Common use of Permits; Intellectual Property Clause in Contracts

Permits; Intellectual Property. (a) Bison LLC owns or possesses all Permits, patents, copyrights, service marks, trademarks and trade names, or rights thereto, necessary (i) for the operation, ownership and maintenance of the Bison Pipeline and (ii) for the conduct of the Business, except where the failure to own or possess the same would not reasonably be expected to have a Material Adverse Effect. Since the Acquisition Date, Bison LLC has not received any written notice of any revocation or modification of any such Permit, patent, copyright, service xxxx, trademark or trade name nor has it received any written notice that such Permit, patent, copyright, service xxxx, trademark or trade name will not be renewed in the ordinary course of business.

Permits; Intellectual Property. (a) Bison LLC owns or possesses all Permits, patents, copyrights, service marks, trademarks and trade names, or rights thereto, necessary (i) for the operation, ownership and maintenance of the Bison Pipeline and (ii) for the conduct of the Business, except where the failure to own or possess the same would not reasonably be expected to have a Material Adverse Effect. Since the Acquisition Date, except as set forth in Schedule 2.14, Bison LLC has not received any written notice of any revocation or modification of any such Permit, patent, copyright, service xxxx, trademark or trade name nor has it received any written notice that such Permit, patent, copyright, service xxxx, trademark or trade name will not be renewed in the ordinary course of business.