Common use of Permits, Licenses, Etc Clause in Contracts

Permits, Licenses, Etc. The Borrower and its Subsidiaries possess all certificates of public convenience, authorizations, permits, licenses, patents, patent rights or licenses, trademarks, trademark rights, trade names rights and copyrights which are material to the conduct of its business except where the failure to so possess could not reasonably be expected to result in a Material Adverse Effect.

Appears in 9 contracts

Samples: Year Credit Agreement (NOV Inc.), Credit Agreement (National Oilwell Varco Inc), Assignment and Assumption (National Oilwell Varco Inc)

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Permits, Licenses, Etc. The Borrower and its Subsidiaries possess all certificates of public convenience, authorizations, permits, licenses, patents, patent rights or licenses, trademarks, trademark rights, trade names rights and copyrights which are material to the conduct of its business. The Borrower and its Subsidiaries manage and operate their business except where in accordance with all applicable Legal Requirements which the failure to so possess manage or operate could not reasonably be expected to result in cause a Material Adverse EffectChange.

Appears in 5 contracts

Samples: Security Agreement (Arkansas Best Corp /De/), Credit Agreement (Arkansas Best Corp /De/), Security Agreement (Arkansas Best Corp /De/)

Permits, Licenses, Etc. The Borrower and its Subsidiaries possess all certificates of public convenience, authorizations, permits, licenses, patents, patent rights or licenses, trademarks, trademark rights, trade names rights and copyrights which are material to the conduct of its business. The Borrower and its Subsidiaries manage and operate their business except where in accordance with all applicable Legal Requirements which the failure to so possess manage or operate could not reasonably be expected to result in have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Varco International Inc /De/)

Permits, Licenses, Etc. The Each of the Borrower and its Subsidiaries possess possesses all certificates of public convenience, authorizations, permits, licenses, patents, patent rights or licenses, trademarks, trademark rights, trade names rights and copyrights which are material to the conduct of its business. Each of the Borrower and its Subsidiaries manages and operates its business except where in accordance with all applicable Legal Requirements which the failure to so possess manage or operate could not reasonably be expected to result in cause a Material Adverse EffectChange.

Appears in 1 contract

Samples: Credit Agreement (Arkansas Best Corp /De/)

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Permits, Licenses, Etc. The Each Borrower and each of its Subsidiaries possess possesses all certificates of public convenience, authorizations, permits, licenses, patents, patent rights or licenses, trademarks, trademark rights, trade names rights rights, and copyrights which are material to the conduct of its respective business except where the failure to so possess maintain the same could not reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Diamond Offshore Drilling, Inc.)

Permits, Licenses, Etc. The Borrower and its Subsidiaries ---------------------- possess all certificates of public convenience, authorizations, permits, licenses, patents, patent rights or licenses, trademarks, trademark rights, trade names rights and copyrights which are material to the conduct of its business. The Borrower and its Subsidiaries manage and operate their business except where in accordance with all applicable Legal Requirements which the failure to so possess manage or operate could not reasonably be expected to result in have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Varco International Inc /De/)

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