Common use of Use of Intangibles Clause in Contracts

Use of Intangibles. To the extent Borrower has the power, without violating the terms of any agreement existing as of the Closing Date, to grant such a license, Lender is hereby granted a license or other right to use, without charge, in connection with the exercise of Lender’s rights and remedies under the Loan Documents, Borrower’s copyrights, rights of use of any name, trade secrets, trade names, tradestyles, trademarks, service marks and advertising matter, or any property of a similar nature, as it pertains to the Collateral.

Appears in 14 contracts

Samples: Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.), Loan Agreement (KBS Real Estate Investment Trust, Inc.)

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Use of Intangibles. To the extent Borrower has the power, without violating the terms of any agreement existing as of the Closing Date, to grant such a license, Lender Agent (on behalf of all Lenders) is hereby granted a license or other right to use, without charge, in connection with the exercise of Lender’s rights Borrower's and remedies under the Loan Documents, Borrower’s each Guarantor Subpartnership's copyrights, rights of use of any name, trade secrets, trade names, tradestyles, trademarks, service marks and advertising matter, or any property of a similar nature, as it pertains to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Prudential Bache Equitec Real Estate Partnership)

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Use of Intangibles. To the extent Borrower has the power, ------------------ without violating the terms of any agreement existing as of the Closing Date, to grant such a license, Lender Administrative Agent (on behalf of all Lenders) is hereby granted a license or other right to use, without charge, in connection with the exercise of Lender’s rights Borrower's and remedies under the Loan Documents, Borrower’s each Pledgor Subpartnership's copyrights, rights of use of any name, trade secrets, trade names, tradestyles, trademarks, service marks and advertising matter, or any property of a similar nature, as it pertains to the Collateral.

Appears in 1 contract

Samples: Credit Agreement (Smith Charles E Residential Realty Inc)

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