Permits, Patents, Trademarks, etc. (a) Each Related Person has all permits and licenses necessary for the operation of its business.
(b) Each Related Person owns or possesses (or is licensed or otherwise has the necessary right to use) all patents, trademarks, service marks, trade names and copyrights, technology, know-how and processes, and all rights with respect to the foregoing, which are necessary for the operation of its business, without any known material conflict with the rights of others. The consummation of the transactions contemplated hereby will not alter or impair in any material respect any of such rights of each Related Person.
Permits, Patents, Trademarks, etc. (i) It has all permits and licenses necessary for the operation of its business.
(ii) It owns or possesses (or is licensed or otherwise has the necessary right to use) all patents, trademarks, service marks, trade names and copyrights, technology, know-how and processes, and all rights with respect to the foregoing, which are necessary for the operation of its business, without any conflict with the rights of others. The consummation of the transactions contemplated hereby will not alter or impair any of such rights of it.
Permits, Patents, Trademarks, etc. (i) It has all permits and licenses necessary for the operation of its business, the absence of which would reasonably be expected to have a Material Adverse Effect.
(ii) It owns or possesses (or is licensed or otherwise has the necessary right to use) all patents, trademarks, service marks, trade names and copyrights, technology, know-how and processes, and all rights with respect to the foregoing, that are necessary for the operation of its business without any known material conflict with the rights of others. The consummation of the transactions contemplated hereby will not alter or impair any of such rights.
Permits, Patents, Trademarks, etc. (a) Borrower has all permits, licenses and governmental authorization necessary for the operation of its business. All such permits, licenses and governmental authorizations are in good standing and Borrower is in compliance with all material terms of such permits, licenses and governmental authorizations.
(b) Borrower owns or possesses (or is licensed or otherwise has the necessary right to use) all patents, trademarks, service marks, trade names (including the name "NVR Mortgage Finance, Inc.") and copyrights, technology, know-how and processes, and all rights with respect to the foregoing, which are necessary for the operation of its business, without any known material conflict with the rights of others. The consummation of the transactions contemplated hereby will not alter or impair in any material respect any of such rights of Borrower.
Permits, Patents, Trademarks, etc. (a) Each Related Person has all permits and licenses necessary for the operation of its business, except to the extent that failure to obtain any such permit or license could not have a Material Adverse Effect on such Related Person.
(b) Each Related Person owns or possesses (or is licensed or otherwise has the necessary right to use) all patents, trademarks, service marks, trade names and copyrights, technology, know-how and processes, and all rights with respect to the foregoing, which are necessary for the operation of its business, without any known material conflict with the rights of others. The consummation of the transactions contemplated hereby will not alter or impair in any material respect any of such rights of each Related Person.
Permits, Patents, Trademarks, etc. Status Under Certain Federal Statutes
Permits, Patents, Trademarks, etc. (a) The Company, together with its Subsidiaries, has a license to use or otherwise has the right to use, free and clear of pending or threatened Liens, all the material patents, patent applications, trademarks, service marks, trade names, trade secrets, copyrights, proprietary information, computer programs, data bases, licenses, franchises and formulas, or rights with respect to the foregoing (collectively, "Intellectual Property"), and has obtained all licenses and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, could 505298\0057\02050\969WL85X.NPA reasonably be expected to have a material adverse effect on the performance, business, assets, nature of assets, liabilities, operations, properties, condition (financial or otherwise) or prospects of the Company and its Subsidiaries taken as a whole.
(b) The Company, together with its Subsidiaries, has the right to practice under and use all Intellectual Property used in connection with Southern which Southern had a right to practice under and use immediately prior to the Acquisition.
(c) Neither the Company nor any of its Subsidiaries has knowledge of any claim by any third party contesting the validity, enforceability, use or ownership of the Intellectual Property, or of any existing state of facts that would support a claim that use by the Company or any of its Subsidiaries of any such Intellectual Property has infringed or otherwise violated any Intellectual Property right of any other Person and that to the best knowledge of the Company and its Subsidiaries no claim is threatened except for such claims that could not individually or in the aggregate reasonably be expected to have a material adverse effect on the performance, business, assets, nature of assets, liabilities, operations, properties, condition (financial or otherwise) or prospects of the Company and its Subsidiaries taken as a whole.
Permits, Patents, Trademarks, etc. (a) The Company and each Subsidiary has all permits and licenses for the operation of its business as presently conducted which are material to the business, operations, condition (financial or otherwise) or properties of the Company and its Subsidiaries, taken as a whole.
(b) At the time of the Closing, the Company and its Subsidiaries will own or possess (or will be licensed or otherwise have the full right to use) all patents, trademarks, service marks, trade names and copy rights, technology, know-how and processes, and all rights with respect to the foregoing, which are necessary for the operation of its business as presently conducted without any known material conflict with the rights of others. The consummation of the transactions contemplated hereby will not alter or impair in any material respect any of such rights of the Company. No product of the Company infringes in any material respect or, to the Company's knowledge, in any other respect on any patent, trademark, service mark, xxade name, copyright, license or other right owned by any other Person; no claim or litigation is pending or (to the best knowledge of the Company) threatened against or affecting the Company or any Subsidiary contesting its right to sell or use any product or material. To the best knowledge of the Company, there is no material violation by any Person of any right of the Company or any Subsidiary with respect to any material patent, trademark, trade name or service mark xxxed by the Company or such Subsidiary.
Permits, Patents, Trademarks, etc. (a) The Company, together with its Subsidiaries, has a license to use or otherwise has the right to use, free and clear of pending or threatened Liens, all the material patents, patent applications, trademarks, service marks, trade names, trade secrets, copyrights, proprietary information, computer programs, data bases, licenses, franchises and formulas, or rights with respect to the foregoing (collectively, "Intellectual Property"), and has obtained all licenses and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, could reasonably be expected to have a material adverse effect on the performance, business, assets, nature of assets, liabilities, operations, properties, condition (financial or otherwise) or prospects of the Company and its Subsidiaries taken as a whole.
(b) The Company, together with its Subsidiaries, has the right to practice under and use all Intellectual Property used in connection with Southern which Southern had a right to practice under and use immediately prior to the Acquisition.
(c) Neither the Company nor any of its Subsidiaries has knowledge of any claim by any third party contesting the validity, enforceability, use or ownership of the Intellectual Property, or of any existing state of facts that would support a claim that use by the Company or any of its Subsidiaries of any such Intellectual Property has infringed or otherwise violated any Intellectual Property right of any other Person and that to the best knowledge of the Company and its Subsidiaries no claim is threatened except for such claims that could not individually or in the aggregate reasonably be expected to have a material adverse effect on the performance, business, assets, nature of assets, liabilities, operations, properties, condition (financial or otherwise) or prospects of the Company and its Subsidiaries taken as a whole.
Permits, Patents, Trademarks, etc. (A) Borrower has ALL permits and licenses NECESSARY for the operation of its business, except where the failure to have such permits or licenses does not have a Material Adverse Effect upon the operation of its business.
(B) Borrower owns or possesses (or is licensed or otherwise has the necessary right to use) all patents, trademarks, service marks, trade names and copyrights, technology, know-how and processes, and all rights with respect to the foregoing, which are necessary for the operation of its business, without any known material conflict with the rights of others. The consummation of the transactions contemplated hereby will not alter or impair in any material respect any of such rights of Borrower.
