Common use of Valid and Subsisting Licenses Clause in Contracts

Valid and Subsisting Licenses. (i) The Borrower duly owns or holds valid and subsisting licenses in respect of all trade names, trade marks, patents, designs and other intellectual property used orintended to be used by the Borrower in the course of its business and the same are duly registered in the name of the Borrower and have not become voidable. (ii) The Borrower duly owns or holds all other material consents, licenses, franchises, permits and authorisations necessary for the lawful conduct, ownership and operation, of its business including DTH License, and the same arc valid and subsisting and have not become voidable.

Valid and Subsisting Licenses. (i) The Borrower duly owns or holds valid and subsisting licenses in respect of all trade names, trade marks, patents, designs and other intellectual property used orintended or intended to be used by the Borrower in the course of its business and the same are duly registered in the name of the Borrower and have not become voidable. (ii) The Borrower duly owns or holds all other material consents, licenses, franchises, permits and authorisations necessary for the lawful conduct, ownership and operation, of its business including DTH Licensebusiness, and the same arc are valid and subsisting and have not become voidable.

Valid and Subsisting Licenses. (i) The Borrower duly owns or holds valid and subsisting licenses in respect of all trade names, trade marks, patents, designs and other intellectual property used orintended or intended to be used by the Borrower in the course of its business and the same are duly registered in the name of the Borrower and have not become voidable. (ii) The Borrower duly owns or holds all other material consents, licenses, franchises, permits and authorisations necessary for the lawful conduct, ownership and operation, of its business including DTH Licenselicense, and the same arc are valid and subsisting and have not become voidable.

Valid and Subsisting Licenses. (i) The Borrower duly owns or holds valid and subsisting licenses in respect of all trade names, trade marks, patents, designs and other intellectual property used orintended or intended to be used by the Borrower in the course of its business and the same are duly registered in the name of the Borrower and have not become voidable. (ii) The Borrower duly owns or holds all other material consents, licenses, franchises, permits and authorisations necessary for the lawful conduct, ownership and operation, of its business including DTH License, and the same arc are valid and subsisting and have not become voidable.