Common use of Possession of Franchises, Licenses, Etc Clause in Contracts

Possession of Franchises, Licenses, Etc. The Company and its Subsidiaries possess all franchises, certificates, licenses, permits and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect to the Company or any of its Subsidiaries for the ownership, maintenance and operation of their respective properties and assets, and neither the Company nor any of its Subsidiaries is in violation of any thereof in any material respect.

Appears in 8 contracts

Samples: Securities Purchase Agreement (General Electric Capital Corp), Securities Purchase Agreement (General Electric Capital Corp), Securities Purchase Agreement (Krauses Furniture Inc)

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Possession of Franchises, Licenses, Etc. The Company Corporation and its Subsidiaries possess all franchises, certificates, licenses, permits permits, and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses licenses, and other rights, free from burdensome restrictions, that are necessary in any material respect to the Company or any of Corporation and its Subsidiaries Subsidiaries, taken as a whole for the ownership, maintenance maintenance, and operation of their respective properties and assets, and neither the Company Corporation nor any of its Subsidiaries is in violation of any thereof in any material respect.

Appears in 2 contracts

Samples: Note Purchase Agreement (Prison Realty Corp), Note Purchase Agreement (Corrections Corporation of America)

Possession of Franchises, Licenses, Etc. The Company and its Subsidiaries possess all franchises, certificates, licenses, permits permits, registrations, and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rightsGovernmental Authorities, free from burdensome restrictions, that are necessary in any material respect to the Company or any of its Subsidiaries for the ownership, maintenance and operation of their respective properties and assets, and neither for the conduct of their respective businesses as now conducted, and none of the Company nor or any of its Subsidiaries is in violation of any thereof in any material respect.

Appears in 2 contracts

Samples: Preferred Stock and Warrant Purchase Agreement (GenuTec Business Solutions, Inc.), Note Purchase Agreement (GenuTec Business Solutions, Inc.)

Possession of Franchises, Licenses, Etc. The Company and its --------------------------------------- Subsidiaries possess all franchises, certificates, licenses, permits and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect to the Company or any of its Subsidiaries for the ownership, maintenance and operation by the Company and its Subsidiaries of their respective properties and assets, and neither the Company nor any of its Subsidiaries is in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Stock Purchase Agreement (Homestore Com Inc)

Possession of Franchises, Licenses, Etc. The Except as set forth in Section 2.15 of the Disclosure Letter, each of Company and its Subsidiaries possess possesses all franchises, certificates, licenses, permits and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictionsauthorities, that are necessary in any material respect to the Company or any of its Subsidiaries for the ownership, maintenance and operation of their respective its properties and assets, and neither the Company nor any of its Subsidiaries is in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Law Companies Group Inc)

Possession of Franchises, Licenses, Etc. The Company and its Subsidiaries possess all franchises, certificates, licenses, permits and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect to the Company or any of and its Subsidiaries taken as a whole for the ownership, maintenance and operation of their respective properties and assets, and neither the Company nor any of its Subsidiaries is in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Healthcare Capital Partners Lp)

Possession of Franchises, Licenses, Etc. The Each of the ---------------------------------------- Company and its Subsidiaries possess and XX0.xxx possesses all franchises, certificates, licenses, permits and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect to the Company or any of its Subsidiaries for the ownership, maintenance and operation by the Company and its Subsidiaries of their respective properties and assets, and neither the Company nor any of its Subsidiaries Subsidiary is in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Naviant Inc)

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Possession of Franchises, Licenses, Etc. The Company and its ---------------------------------------- Subsidiaries possess all franchises, certificates, licenses, permits and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect to the Company or any of and its Subsidiaries taken as a whole for the ownership, maintenance and operation of their respective properties and assets, and neither the Company nor any of its Subsidiaries is in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Gensia Sicor Inc)

Possession of Franchises, Licenses, Etc. The To the best of the Company's knowledge, the Company and its Subsidiaries possess all franchises, certificates, licenses, permits and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictionsauthorities, that are necessary in any material respect to the Company or any of its Subsidiaries for the ownership, maintenance and operation of their respective its properties and assets, and neither the Company nor any of its Subsidiaries is in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Educational Medical Inc)

Possession of Franchises, Licenses, Etc. The Company and its Subsidiaries possess all franchises, certificates, licenses, permits and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, rights that are necessary in any material respect to the Company or any of and its Subsidiaries taken as a whole for the ownership, maintenance and operation of their respective properties and assets, and neither the Company nor any of its Subsidiaries is in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Securities Purchase Agreement (America Service Group Inc /De)

Possession of Franchises, Licenses, Etc. The Company and its --------------------------------------- Subsidiaries possess all franchises, certificates, licenses, permits and other authorizations from governmental or political subdivisions or regulatory authorities and all patents, trademarks, service marks, trade names, copyrights, licenses and other rights, free from burdensome restrictions, that are necessary in any material respect to the Company or any of and its Subsidiaries taken as a whole for the ownership, maintenance and operation of their respective properties and assets, and neither the Company nor any of its Subsidiaries is in violation of any thereof in any material respect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Gensia Sicor Inc)

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