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.
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Samples: Credit Agreement (Fieldstone Investment Corp), Credit Agreement (Ryland Group Inc), Credit Agreement (M I Homes Inc)
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 othersother. The consummation of the transactions contemplated hereby will not alter or impair in any material respect any of such rights of each Related Person.
Appears in 3 contracts
Samples: Credit Agreement (Nab Asset Corp), Credit Agreement (Nab Asset Corp), Credit Agreement (Nab Asset Corp)
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-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.
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