Common use of License to Operate Clause in Contracts

License to Operate. During the term of this Agreement, Helix shall preserve and maintain its existence, corporate or otherwise, rights, franchises and privileges in the jurisdiction of its organization, and qualify and remain qualified in each jurisdiction in the Territory in which such qualification is necessary in view of Helix's rights and obligations hereunder. Helix shall also preserve and maintain all material licenses and other rights owned or possessed by it and necessary to the performance of this Agreement.

Appears in 2 contracts

Sources: Strategic Teaming Agreement (Advanced Thermal Sciences Corp), Strategic Teaming Agreement (Advanced Thermal Sciences Corp)