Trademarks and Licenses. The Pledgor further ----------------------- grants to the Secured Party an irrevocable, non-exclusive license at no charge to use the trademarks, patents, copyrights and licenses used in connection with the sale of goods including, without limitation, those listed on Schedule D annexed hereto associated with the Collateral in connection with any foreclosure or liquidation together with the right to grant a nonexclusive sublicense without charge to any buyer of such Collateral for the purpose of resale. All such licenses and rights to sublicense include all computer programs, and other Collateral used in connection with such trademarks.
Trademarks and Licenses. The Borrower and the Guarantor, jointly and severally, each further grant to the Agent, for the ratable benefit of the Banks, an irrevocable, non-exclusive license at no charge to use the trademarks, patents, copyrights and licenses used in connection with the sale of Goods including, without limitation, those listed on Schedule 8.2 annexed hereto (the latter, the "Trademarks") associated with the Collateral in connection with any foreclosure or liquidation together with the right to grant a nonexclusive sublicense without charge to any buyer of such Collateral for the purpose of resale. As used herein, the term "Trademarks" includes all computer programs, equipment formulations, manufacturing procedures, quality control procedures and product specifications and other Collateral used in connection with such Trademarks.
Trademarks and Licenses. The Company is aware of the desirability for patent and trademark protection for its products. Accordingly, where possible, patents and trademarks are sought and obtained for the Company's products in the United States and all countries of major marketing interest to the Company. The Company owns, has applications pending for, and is licensed under a substantial number of patents. Principal trademarks and the products they cover are discussed in the Narrative Description of Business on pages 1, 2 and 3. These, and various patents which expire during the period 1997 to 2017, in the aggregate, are believed to be of material importance in the operation of the Company's business. The Company believes that no single patent, license, trademark (or related group of patents, licenses, or trademarks), except for those related to clarithromycin, is material in relation to the Company's business as a whole. The principal patents covering clarithromycin are licensed from Taisho Pharmaceutical Co., Ltd. of Tokyo, Japan. The Uruguay Round Agreements Act implemented the Uruguay Round of the General Agreement on Tariffs and Trade (GATT) in the United States. It appears that under the intellectual property provisions of GATT the patent on the clarithromycin compound is scheduled to expire in the United States in 2005. SEASONAL ASPECTS, CUSTOMERS, BACKLOG, AND RENEGOTIATION There are no significant seasonal aspects to the Company's business. The incidence of certain infectious diseases which occur at various times in different areas of the world does, however, affect the demand for the Company's anti-infective products. Orders for the Company's products are generally filled on a current basis, and order backlog is not material to the Company's business. No single customer accounted for sales equaling 10 percent or more of the Company's consolidated net sales. No material portion of the Company's business is subject to renegotiation of profits or termination of contracts at the election of the government. RESEARCH AND DEVELOPMENT The Company spent $1,204,841,000 in 1996, $1,072,745,000 in 1995, and $963,516,000 in 1994 on research to discover and develop new products and processes and to improve existing products and processes. The Company continues to concentrate research expenditures in pharmaceutical and diagnostic products. ENVIRONMENTAL MATTERS The Company believes that its operations comply in all material respects with applicable laws and regulations concerning enviro...
Trademarks and Licenses. The County may, from time to time, permit Management to utilize certain patents, copyrights, trademarks, trade names, logos, computer software and other intellectual property owned by the County in the Performance of this Agreement, which patents, copyrights, trademarks, trade names, logs computer software and intellectual property may have been created pursuant to the terms of this Agreement. Such permission, when granted, shall be evidenced by a nonexclusive license executed by Management and the Department, on behalf of the County, granting Management the right, license and privilege to use a specific patent, copyright, trademark, trade name, logo, computer software or other intellectual property without requiring payment of fees therefore. The County may likewise license from Management the use of certain trademarks which Management has previously created, without a requirement for the payment of any additional fees or compensation to Management for such license. Failure of the parties to execute a formal license agreement shall not vest neither title nor interest in such patent, copyright, trademark, trade name, logo, computer software or intellectual property shall vest in the using party.
Trademarks and Licenses. The Company owns or has all appropriate authority for the use of all trademarks and licenses necessary for the operation of its business as presently being conducted, which trademarks and licenses are described on Schedule 4.25 annexed hereto. Such trademarks and licenses are subject to no pending, or to the best knowledge of Sellers, threatened challenge. Schedule 4.25 annexed hereto indicates which of such trademarks and licenses are used but not owned by the Company..
Trademarks and Licenses. The Company owns or has all rights necessary to use all trademarks and copyrights necessary for the conduct of its business as currently conducted, including, without limitation, the right to use the name "Casino Magic", and to the best of the Seller's knowledge and belief, the conduct of such business does not conflict with or infringe upon any trademark, trade name or copyright of others. The Company has, and will continue to have, the right to use the name "Casino Magic" and all marks associated therewith pursuant to the Trademark Agreement. 8. Approvals, Permits, Authorizations and Regulations. To the best of the Seller's knowledge and belief, the Company's business is being conducted in compliance with all applicable laws, ordinances, rules and regulations of all governmental authorities, and neither the Company nor any officer, director, stockholder, agent or employee has violated, in any material respect, any law, ordinance, rule or regulation in connection with the Company's business. Further, the Company has not received any notice (written or otherwise) from any governmental authority asserting or investigating any alleged failure to comply with any applicable law, ordinance or regulation other than matters or proceedings related to the Head Tax and a dispute with the Argentinean customs officials regarding imported gaming equipment. 9.
Trademarks and Licenses. The right, title and interest of Seller in and to the trademarks, service marks, trade names and copyrights to the extent that the same are used in connection with the Seller's SF Restaurants as now conducted and all licenses pursuant to which Seller may be entitled to use any of the foregoing, provided that the Seller shall retain the right to use the same as Manager of the Seller's SF Restaurants and 3 in connection with its businesses conducted away from the Seller's SF Restaurants.
Trademarks and Licenses. The County may, from time to time, require the Tenant as part of its advertising and marketing program, to utilize certain patents, copyrights, trademarks, trade names, logos, computer software and other intellectual property owned by the County in the performance of this Agreement, which patents, copyrights, trademarks, trade names, logos, computer software and intellectual property may have been created pursuant to the terms of this Agreement. Such permission, when granted, shall be evidenced by a nonexclusive license executed by the Tenant and the Department, on behalf of the County, granting the Tenant the right, license, and privilege to use a specific patent, copyright, trademark, trade name, logo, computer software or other intellectual property without requiring payment of fees therefor. Failure of the parties to execute a formal license agreement shall not vest title or interest in such patent, copyright, trademark, trade name, logo, computer software or intellectual property in the using party.
Trademarks and Licenses. Mortgagor represents and warrants that, to the best of Mortgagor's knowledge, the Patents, Trademarks and Licenses listed on Exhibits A, B and C, respectively, constitute all of the Patents, Trademarks, and Licenses now owned by Mortgagor. If, before Mortgagor's Liabilities shall have been satisfied in full or before the Loan Agreements have been terminated, Mortgagor shall (i) become aware of any existing Patents, Trademarks or Licenses of which Mortgagor has not previously informed Mortgagee, (ii) obtain rights to any new patentable inventions, Patents, Trademarks or Licenses, or (iii) become entitled to the benefit of any Patents, Trademarks, or Licenses or any improvement on any Patent, the provisions of this Mortgage above shall automatically apply thereto and Mortgagor shall to the extent that it is aware thereof give to Mortgagee prompt written notice thereof to the extent material to the continued operations of Mortgagor. Mortgagor hereby authorizes Mortgagee to modify this Mortgage by amending Exhibits A, B and C, as applicable, to include any such Patents, Trademarks and Licenses.
Trademarks and Licenses etc. Schedule 5.17 identifies all material United States patents, trademarks, service marks, trade names and copyrights, and all registrations and applications for registration thereof and all licenses thereof, owned or held by Borrower or any of its Subsidiaries on the Closing Date, and identifies the jurisdictions in which such registrations and applications have been filed. Except as otherwise disclosed in Schedule 5.17, as of the Closing Date, Borrower and its Subsidiaries are the sole beneficial owners of, or have the right to use, free from any restrictions, claims, rights encumbrances or burdens, the intellectual property referred to in Schedule 5.17 and all other processes, designs, formulas, computer programs, computer software packages, trade secrets, inventions, product manufacturing instructions, technology, research and development, knowhow and all other intellectual property that are necessary for the operation of Borrower's and its Subsidiaries' businesses as being operated on the Closing Date after giving effect to the Acquisition Transactions. Each patent, trademark, service mark xxxde name, copyright and license listed on Schedule 5.17 is in full force and effect except to the extent the failure to be in effect could not be reasonably be expected to have a Material Adverse Effect. Except as set forth in Schedule 5.17, to the best knowledge of Borrower, as ofthe Closing Date (a) none ofthe present or contemplated products or operations of Borrower or its Subsidiaries infringes any patent, trademark, service mark xxxde name, copyright, license or other right owned by any other Person, and (b) there is no pending or threatened claim or litigation against or affecting Borrower or any of its Subsidiaries contesting the right of any of them to manufacture, process, sell or use any such product or to engage in any such operation, except for claims and/or litigation which could not reasonably be expected to have a Material Adverse Effect.
