Common use of PERMITS, FRANCHISES Clause in Contracts

PERMITS, FRANCHISES. Borrower and each Subsidiary Guarantor possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses reasonably required for the conduct of such Person’s business and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

Appears in 1 contract

Sources: Credit Agreement (Saba Software Inc)

PERMITS, FRANCHISES. Borrower and each Subsidiary Guarantor possessespossess, and will hereafter possess, all permits, consents, approvals, franchises and licenses reasonably required for the conduct of such Person’s business and rights to all trademarks, trade names, patents, and fictitious names, if . If any, necessary to enable it them to conduct the business businesses in which it is they are now engaged in compliance with applicable law.

Appears in 1 contract

Sources: Credit Agreement (Willdan Group, Inc.)

PERMITS, FRANCHISES. Borrower and Guarantor each Subsidiary Guarantor possesses, and will hereafter possessmaintain, all permitsGovernmental Permits, consentsmemberships, approvalsfranchises, franchises contracts and licenses reasonably required for the conduct of such Person’s business and rights to all trademarkstrademark rights, trade names, trade name rights, patents, patent rights and fictitious names, if any, name rights necessary to enable it Borrower or Guarantor to conduct the business in which it Borrower or Guarantor is now engaged in compliance without conflict with applicable lawthe rights of others.

Appears in 1 contract

Sources: Eagle One Loan Credit Agreement (Ironstone Group Inc)

PERMITS, FRANCHISES. Borrower and each Subsidiary Guarantor possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses reasonably required for the conduct of such Person’s business and rights to all trademarks, . trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law.

Appears in 1 contract

Sources: Credit Agreement (Winnebago Industries Inc)

PERMITS, FRANCHISES. Each Borrower and each Subsidiary Guarantor possessespossess, and will hereafter possess, all permits, consents, approvals, franchises and licenses reasonably required for the conduct of such Person’s business and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it each of them to conduct the business in which it is now engaged in compliance with applicable law.

Appears in 1 contract

Sources: Credit Agreement (Summa Industries/)

PERMITS, FRANCHISES. Each of the Borrower and each Subsidiary Guarantor possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses reasonably required for the conduct of such Person’s business and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in material compliance with applicable law.

Appears in 1 contract

Sources: Credit Agreement (Cree Inc)

PERMITS, FRANCHISES. Each Borrower and each Subsidiary Guarantor possesses, and will hereafter possess, all permits, consents, approvals, franchises and licenses reasonably required for the conduct of such Person’s business and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it to conduct the business in which it is now engaged in compliance with applicable law, except for any non-compliance which would not have a material adverse effect on the financial condition or operations of Borrowers and the Subsidiaries taken as a whole.

Appears in 1 contract

Sources: Credit Agreement (Guitar Center Inc)

PERMITS, FRANCHISES. Borrower and each Subsidiary Guarantor possessespossess, and will hereafter possess, all permits, consents, approvals, franchises and licenses reasonably required for the conduct of such Person’s business and rights to all trademarks, trade names, patents, and fictitious names, if any, necessary to enable it each of them to conduct the business in which it is now engaged in compliance with applicable law.

Appears in 1 contract

Sources: Credit Agreement (Rally Software Development Corp)