Material License definition

Material License has the meaning assigned to such term in Section 7.15.

Material License means (i) as to any Person, any license, permit authorization or consent from a Governmental Authority or other Person and any registration, notice of filing with a Governmental Authority or other Person which if not obtained, held or made would have a Material Adverse Effect, and (ii) as to any other Person who is a party to this Agreement or any of the other Loan Documents, any license, permit, authorization or consent from a Governmental Authority or other Person and any registration, notice or filing with a Governmental Authority or other Person that is necessary for the execution or performance by such party, or the validity or enforceability against such party, of this Agreement or such other Loan Document.

Material License means a License held by the Company or any of its Subsidiaries which License at the time of determination covers a number of Net Households which equals or exceeds 5% of the aggregate number of Net Households covered by all of the Licenses held by the Company and its Subsidiaries at such time.

Examples of Material License in a sentence

• Additional inspector qualifications are pursuant to RIC policies corresponding to the conditions of the USAF Master Material License or consistent with NRC policies.

• Application for Renewal of Source Material License No. SUA-1534, Crow Butte Resources, Inc., November 27, 2007, ADAMS Accession No. ML073480264 (Package).

• Section 3.19 of the Disclosure Schedule contains a complete and correct list of all Material Licenses held by each Group Company and the termination date of each such Material License.

• Comment on Proposed Amendment of Radioactive Material License UT 2300249 and Groundwater Quality Discharge Permit (GWDP) No UGW450005, October 18, 2006.

• Promptly after any Loan Party becoming aware of the same, the Borrower shall give the Administrative Agent written notice of any cancellation, termination or loss of any Material License.

More Definitions of Material License

Material License means all franchises, permits, licenses, approvals, authorizations and any similar document issued or granted by any Government Authority that are, individually or in the aggregate, material for the conduct of the Business of the Group Companies.

Material License means, as of the Effective Date, the Licenses described on Part 2 of Schedule 5.17 hereto, and thereafter, any License to the extent that the revenues from which constitute five percent (5%) or more of the annual revenues of the Borrower and its Subsidiaries.

Material License means the license agreements relating to the Xxxxxx Xxxxx trademark with respect to jeans (expiring at the end of its renewal term on December 31, 2044 or December 31, 2046) and underwear, and the license agreements relating to the Speedo trademark, granted to the Warnaco Entities in perpetuity.

Material License means any license, permit, approval, entitlement, consent, agreement or similar permission from a Governmental Authority that is required for Borrower or any of its Subsidiaries to conduct Marijuana Activities (for which it is actually conducting such Marijuana Activities) in a specific state, territory, geographic region, and/or local jurisdiction. For purposes of this definition only, neither the U.S. Federal government nor any agency thereof shall constitute a Governmental Authority.

Material License means all Licenses (a) issued by the FCC or any PUC, (b) required for the operation of any Communications System in the manner in which such Communications System is operating or (c) material to the value of the assets of any Loan Party or Subsidiary of any Loan Party but excluding any Auxiliary License.

Material License is defined in ‎Section 5.17 (a).

Material License has the meaning specified in Section 6.05(d).