System Rights definition
Examples of System Rights in a sentence
The Tangible Personal Property has been constructed and maintained and has been and is being operated in accordance with all applicable Legal Requirements, Franchises, System Rights and Contracts, except for such noncompliance that, individually or in the aggregate, has not had and would not reasonably be expected to have a Company Material Adverse Effect.
Pursuant to Owner’s request and subject to and in accordance with the License Agreement, Manager may elect (in its sole and absolute discretion) to use the System Rights in the marketing, sales, advertising and promotion of the Manager Operated Areas and any goods or services relating to the Manager Operated Areas.
Neither such PSD Entity as is a party thereto nor, to PSD's knowledge, any other party thereto, is in arrears in the performance or satisfaction in any material respect of its obligations under any of the Franchises, System Rights, System Contracts or Non-System Contracts and no waiver or indulgence has been granted any of the parties thereto.
All copyrights, ----------------------------------- registrations, patents, patent rights, trademarks, servicemarks or such other protections as may be appropriate to the subject matter with respect to the combination of a radiation therapy source with a stereotactically guided microscope system (collectively, "System Rights") shall be owned jointly by Zeiss and Photoelectron.
To PSD's knowledge, the Tangible Personal Property is in good operating condition and repair, ordinary wear and tear excepted, and has been constructed and maintained and has been and is being operated in all material respects in accordance with all applicable Legal Requirements, System Contracts, Franchises and System Rights.
Upon such termination Metro will pay to Parking Company the Metered Parking System Rights Value less Metro’s Default Expenses.
Owner acknowledges that Manager’s use of the Total Rewards system and/or any of the System Rights, if at all, shall not create in Owner’s favor any right, title, or interest in or to the System Rights, but all rights of ownership and control of the System Rights shall reside solely in Manager and its Affiliates.
Owner agrees to recognize the exclusive right of ownership of Manager and its Affiliates to all System Rights.
Except as described in Schedule 3.6(b), there has not occurred any material breach by such PSD Entity as is a party thereto, nor to PSD's knowledge, by any other party thereto, under any of the Franchises, System Contracts, Non-System Contracts or System Rights.
Owner agrees that Manager and its Affiliates or their respective representative may enter the Resort and may remove all signs, furnishings, printed material, emblems, slogans or other distinguishing characteristics which are now or hereafter may be connected or identified with Manager and its Affiliates or which carry any System Rights.