Example ContractsClausesexceptions to assignment of intellectual propertyVariants
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Intellectual Property. Each of the Borrower and its Subsidiaries owns, or is licensed to use, all trademarks, tradenames, copyrights, patents and other intellectual property material to its business, and the use thereof by the Borrower and its Subsidiaries does not infringe upon the rights of any other Person, except for any such infringements that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.

Intellectual Property. EachThe Borrower and each of its Subsidiaries own or are licensed or otherwise have full legal right to use all of the Borrower and its Subsidiaries owns, or is licensed to use, allpatents, trademarks, tradenames,service marks, trade names, copyrights, patentsfranchises, authorizations and other intellectual property material to its business, andrights that are reasonably necessary for the use thereof by the Borrower and its Subsidiaries does not infringe uponoperation of their respective businesses, without conflict with the rights of any other Person,Person with respect thereto, except for anywhere the absence of such infringements that,rights or the presence of such conflicts could not, individually or in the aggregate, could not reasonably be expected to result inhave a Material Adverse Effect.

Section # Intellectual Property. Each of theProperty, etc. The Borrower and each of its Subsidiaries owns,is in the process of obtaining, has obtained or is licensedhas the right to use,use all material patents, trademarks, tradenames,service marks, trade names, copyrights, patentslicenses and other rights with respect to the foregoing intellectual property material tonecessary for the present and planned future conduct of its business, and the use thereof by the Borrower and its Subsidiaries does not infringe uponwithout any known conflict with the rights of any other Person,others, except for such patents, trademarks, service marks, trade names, copyrights, licenses and rights, the loss of which, and such conflicts which, in any such infringements that,case individually or in the aggregate,aggregate could not reasonably be expected to result inhave a Material Adverse Effect.

Intellectual Property.Property, Etc. Each of the Borrower and its Subsidiaries owns,owns or is licensedhas the right to use,use all the patents, trademarks, tradenames,permits, domain names, service marks, trade names, copyrights, patentslicenses, franchises, inventions, trade secrets, proprietary information and know-how of any type, whether or not written (including, but not limited to, rights in computer programs and databases) and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases, licenses and other intellectual propertyrights of whatever nature, necessary for the present conduct of its business in all material to its business, and the use thereof by the Borrower and its Subsidiaries does not infringe uponrespects, without any known conflict with the rights of any other Person, except for any such infringements that,others which, or the failure to obtain which, as the case may be, could, either individually or in the aggregate, could not reasonably be expected to result inhave a Material Adverse Effect.

Intellectual Property.Property; Licenses, Etc. Each of the Borrower and each of its Restricted Subsidiaries owns,own, or is licensedpossess the right to use, all of the trademarks, tradenames,service marks, trade names, copyrights, patentspatents, patent rights, franchises, licenses and other intellectual property material to its business, andrights that are reasonably necessary for the use thereof by the Borrower and its Subsidiaries does not infringe uponoperation of their respective businesses, without conflict with the rights of any other Person, except for any such infringements that,except, in each case, where the failure of the same, either individually or in the aggregate, could not be reasonably be expected to result inhave a Material Adverse Effect. No slogan or other advertising device, product, process, method, substance, part or other material now employed, or now contemplated to be employed, by either Borrower or any of its respective Restricted Subsidiaries infringes upon any rights held by any other Person, which infringements, individually or in the aggregate, could reasonably be excepted to have a Material Adverse Effect.

Intellectual Property. EachExcept where failure of any of the following, individually or in the aggregate, to be true could not reasonably be expected to result in a Material Adverse Effect, # each of the Borrower and its Subsidiarieseach Subsidiary owns, or is licensed to use, all trademarks, tradenames, copyrights, patents and other intellectual property materialnecessary to its business, andbusiness as currently conducted, # the use thereof by each of the Borrower and its Subsidiarieseach Subsidiary does not infringe in any material respect upon the rights of any other Person, except forand # each of the Borrower’s and each Subsidiary’s rights thereto are not subject to any such infringements that, individuallylicensing agreement or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.similar arrangement.

Intellectual Property. Each of theThe Borrower and each of its Subsidiaries owns,own, or is licensedpossess the right to use, all of the trademarks, tradenames,service marks, trade names, copyrights, patentspatents, patent rights, trade secrets, know-how, franchises, licenses and other intellectual property material to its business, andrights that are used in the use thereof by the Borrower and its Subsidiaries does not infringe uponoperation of their respective businesses, without conflict with the rights of any other Person, except for anyto the extent the failure to own or possess such infringements that, individually or in the aggregate,rights could not reasonably be expected to result inhave a Material Adverse Effect.

Intellectual Property.Property; Licenses, Etc. Each Loan Party and each of its Subsidiaries own or possess the right to use all of the trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, licenses and other intellectual property rights (collectively, “IP Rights”) that are reasonably necessary for the operation of their respective businesses, without conflict with the rights of any other Person. No claim or litigation regarding any of the foregoing is pending or, to the best knowledge of the Borrower and its Subsidiaries owns, or is licensed to use, all trademarks, tradenames, copyrights, patents and other intellectual property material to its business, and the use thereof by the Borrower and its Subsidiaries does not infringe upon the rights of any other Person, except for any such infringements that,Subsidiaries, threatened, which either individually or in the aggregate, could not reasonably be expected to result inhave a Material Adverse Effect.

Intellectual Property. Each of the Borrower and its Restricted Subsidiaries owns, or is licensed to use, all trademarks, tradenames,trade names, copyrights, patentspatents, software, domain names, trade secrets, know-how and other similar proprietary or intellectual property rights, including any registrations and applications for registration of, and all goodwill associated with, the foregoing, material to or necessary to its business,business as currently conducted, and the operation of such business or the use thereofof any of the foregoing intellectual property rights by the Borrower and its Restricted Subsidiaries does not infringe uponupon, misappropriate, or otherwise violate the rights of any other Person, except for any such infringementsfailures to own or be licensed to use, and such infringements, misappropriations, or violations that, individually or in the aggregate, couldwould not reasonably be expected to result in a Material Adverse Effect.

Section # Intellectual Property. Each of theProperty; Licenses, Etc. The Borrower and its Restricted Subsidiaries owns,own, license or is licensedpossess the right to use,use all of the trademarks, tradenames,service marks, trade names, domain names, copyrights, patentspatents, patent rights, licenses, technology, software, know-how database rights, design rights and other intellectual property materialrights (collectively, “IP Rights”) that are reasonably necessary for the operation of their respective businesses as currently conducted, and, to its business, and the use thereof byknowledge of the Borrower and its Subsidiaries doesBorrower, such IP Rights do not infringe uponconflict with the rights of any other Person, except for anyto the extent such infringements that,failure to own, license or possess or such conflicts, either individually or in the aggregate, couldwould not reasonably be expected to result inhave a Material Adverse Effect. To the knowledge of the Borrower, the business of any Loan Party or any of its Subsidiaries as currently conducted does not infringe upon, misappropriate or otherwise violate any IP Rights held by any Person except for such infringements, misappropriations and violations, individually or in the aggregate, which would not reasonably be expected to have a Material Adverse Effect. No claim or litigation regarding any of the IP Rights, is filed and presently pending or, to the knowledge of the Borrower, presently threatened in writing against any Loan Party or any of its Subsidiaries, which, either individually or in the aggregate, would reasonably be expected to have a Material Adverse Effect.

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