Common use of Permits, Patents, Trademarks, etc Clause in Contracts

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.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Pulte Homes Inc/Mi/), Master Repurchase Agreement (Pulte Homes Inc/Mi/)

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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 which are necessary for the operation of its business 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 rightsrights of it.

Appears in 2 contracts

Samples: Loan Agreement (Pulte Homes Inc/Mi/), Loan Agreement (Pulte Homes Inc/Mi/)

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 which are necessary for the operation of its business business, without any known material conflict with the rights of others. The Except, with respect to the Servicer, to the extent that failure to comply with any of the foregoing could not reasonably be expected to have a Material Adverse Effect, the consummation of the transactions contemplated hereby will not alter or impair any of such rightsrights of it.

Appears in 2 contracts

Samples: Loan Agreement (Horton D R Inc /De/), Loan Agreement (Horton D R Inc /De/)

Permits, Patents, Trademarks, etc. (i) It has all permits and licenses necessary for the operation of its business, business except to the absence of which would extent the failure to maintain such permits or licenses could not 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 which are necessary for the operation of its business 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 rightsrights of it.

Appears in 1 contract

Samples: Mortgage Loan Purchase and Sale Agreement (American Home Mortgage Investment Corp)

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Permits, Patents, Trademarks, etc. (i) It has all permits and licenses necessary for the operation of its business, business except to the absence of which would extent that failure to maintain such permits or licenses could not be 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 which are material to the Sellers or the Servicer and are necessary for the operation of its business 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 rightsrights of it.

Appears in 1 contract

Samples: Letter Agreement (American Home Mortgage Investment Corp)

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