Common use of Trademarks and Permits Clause in Contracts

Trademarks and Permits. The Borrower possesses adequate licenses, patents, copyrights, trademarks and trade name to conduct its businesses as now conducted. Neither the Borrower nor any of its officers, directors or employees has received notice or has knowledge of any claim that the Borrower has violated any other person's license, patent, copyright, trademark or trade name, or that the Borrower's licenses, patents, copyrights, trademarks or trade names are currently being infringed. The Borrower has all governmental permits, certificates, consents and franchises necessary to carry on their businesses as now conducted and to own or lease and operate their properties as now owned, leased or operated. All such governmental permits, certificates, consents and franchises are valid, and in effect, and the Borrower is not in violation thereof, and none of them contains any term, provision, condition or limitation more burdensome than generally applicable to persons engaged in the same or similar business.

Appears in 2 contracts

Samples: Loan Agreement (Primeholdings Com Inc), Loan Agreement (Primeholdings Com Inc)

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Trademarks and Permits. The Borrower possesses adequate licenses, patents, copyrights, trademarks and trade name names to conduct its businesses as now conducted. Neither the Borrower nor any of its officers, directors or employees has received notice or has knowledge of any claim that the Borrower has violated any other personPerson's license, patent, copyright, trademark or trade name, or that the Borrower's licenses, patents, copyrights, trademarks or trade names are currently being infringed. The Borrower has all governmental permits, certificates, consents and franchises necessary to carry on their its businesses as now conducted and to own or lease and operate their its properties as now owned, leased or operated. All such governmental permits, certificates, consents and franchises are valid, and in effect, and the Borrower is not in violation thereof, and none of them contains any term, provision, condition or limitation more burdensome than generally applicable to persons engaged in the same or similar business.

Appears in 1 contract

Samples: Loan Agreement (Pomeroy Computer Resources Inc)

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Trademarks and Permits. The Borrower possesses adequate licenses, ----------------------- patents, copyrights, trademarks and trade name names to conduct its their businesses as now conducted. Neither the Borrower nor any of its officers, directors or employees has received notice or has knowledge of any claim that the Borrower has violated any other person's license, patent, copyright, trademark or trade name, or that the Borrower's licenses, patents, copyrights, trademarks or trade names are currently being infringed. The Borrower has all governmental permits, certificates, consents and franchises necessary to carry on their businesses as now conducted and to own or lease and operate their properties as now owned, leased or operated. All such governmental permits, certificates, consents and franchises are valid, and in effect, and the Borrower is not in violation thereof, and none of them contains any term, provision, condition or limitation more burdensome than generally applicable to persons engaged in the same or similar business.

Appears in 1 contract

Samples: Loan Agreement (NTS Properties Vii LTD/Fl)

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