. To Borrowers’ knowledge, all of the Intellectual Property is in good standing and is uncontested. Borrowers have not infringed and have not received written notice of infringement with respect to asserted trademarks of others. To Borrowers’ knowledge, there is no infringement by other Persons on any Intellectual Property.

Intellectual Property. (i) All Intellectual Property that any Borrower owns or has pending, or under which it is licensed, is in good standing and uncontested, # there is no Intellectual Property that any Borrower currently owns that is necessary to the business of such Borrower as presently conducted or as such Borrower contemplates conducting prior to the repayment in full of the Secured Obligations, # each Borrower has not infringed, is not infringing, and has not received written notice of infringement with respect to asserted trademarks of others, and # to each Borrower’s knowledge, there is no infringement by others of any material Intellectual Property of such Borrower.