Intellectual Property. The Borrower and each of its Subsidiaries own or are licensed or otherwise have full legal right to use all of the patents, trademarks, service marks, trade names, copyrights, franchises, authorizations and other rights that are reasonably necessary for the operation of their respective businesses, without conflict with the rights of any other Person with respect thereto, except where the absence of such rights or the presence of such conflicts could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Intellectual Property. TheEach of the Borrower and each of its Subsidiaries ownowns, or areis licensed or otherwise have full legal right to useuse, all of the patents, trademarks, service marks, trade names,tradenames, copyrights, franchises, authorizationspatents and other rights that are reasonably necessary forintellectual property material to its business, and the operation of their respective businesses, without conflict withuse thereof by the Borrower and its Subsidiaries does not infringe upon the rights of any other Person with respect thereto,Person, except where the absence offor any such rights or the presence of such conflicts could not,infringements that, individually or in the aggregate, could not reasonably be expected to haveresult in a Material Adverse Effect.

The Borrower and each of its Subsidiaries ownown, or are licensed or otherwise have full legalpossess the right to useuse, all of the patents, trademarks, service marks, trade names, copyrights, patents, patent rights, trade secrets, know-how, franchises, authorizationslicenses and other intellectual property rights that are reasonably necessary forused in the operation of their respective businesses, without conflict with the rights of any other Person with respect thereto,Person, except whereto the absence ofextent the failure to own or possess such rights or the presence of such conflicts could not, individually or in the aggregate,not reasonably be expected to have a Material Adverse Effect.

Intellectual Property. TheProperty; Licenses, Etc. Each Borrower and each of its Restricted Subsidiaries ownown, or are licensed or otherwise have full legalpossess the right to useuse, all of the patents, trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, authorizationslicenses and other intellectual property rights that are reasonably necessary for the operation of their respective businesses, without conflict with the rights of any other Person with respect thereto, exceptPerson, except, in each case, where the absencefailure of such rights or the presence of such conflicts could not,same, either individually or in the aggregate, could not be reasonably be expected to have 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. TheProperty, Etc. Each of Borrower and each of its Subsidiaries ownowns or are licensed or otherwise have full legalhas the right to use all of the patents, trademarks, permits, domain names, service marks, trade names, copyrights, licenses, franchises, authorizationsinventions, 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 rights that are reasonablyof whatever nature, necessary for the operationpresent conduct of their respective businesses,its business in all material respects, without any known conflict with the rights of any other Person with respect thereto, except where the absence of such rightsothers which, or the presence of such conflicts could not,failure to obtain which, as the case may be, could, either individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Intellectual Property. The BorrowerProperty; Licenses, Etc. Each Loan Party and each of its Subsidiaries own or are licensed or otherwise have full legalpossess the right to use all of the patents, trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, authorizationslicenses 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 with respect thereto, except wherePerson. No claim or litigation regarding any of the absenceforegoing is pending or, to the best knowledge of such rights or the presence of such conflicts could not,Borrower and its Subsidiaries, threatened, which either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Section # Intellectual Property.Property, etc. The Borrower and each of its Subsidiaries ownis in the process of obtaining, has obtained or are licensed or otherwise have full legalhas the right to use all of thematerial patents, trademarks, service marks, trade names, copyrights, franchises, authorizationslicenses and other rights that are reasonablywith respect to the foregoing intellectual property necessary for the operationpresent and planned future conduct of their respective businesses,its business, without any known conflict with the rights of any other Person with respect thereto,others, except wherefor such patents, trademarks, service marks, trade names, copyrights, licenses and rights, the absenceloss of such rights or the presence ofwhich, and such conflicts could not,which, in any such case individually or in the aggregate,aggregate could not reasonably be expected to have a Material Adverse Effect.

Each Borrower and each of itstheir Subsidiaries ownown, or are licensed or otherwise have full legalpossess the right to useuse, all of the patents, trademarks, service marks, trade names, copyrights, patents, patent rights, franchises, authorizationslicenses 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 with respect thereto,Person, except where the absence of such rights or the presence of such conflictsconflict could not, individually or in the aggregate,not reasonably be expected to have a Material Adverse Effect. To the knowledge of each Responsible Officer of the Borrowers after due and diligent investigation, no slogan or other advertising device, product, process, method, substance, part or other material now employed, or now contemplated to be employed, by the Borrowers or any Subsidiary of any of them infringes upon any rights held by any other Person. Except as specifically disclosed in [Schedule 5.17], no claim or litigation regarding any of the foregoing is pending or, to the knowledge of each Responsible Officer of the Borrowers after due and diligent investigation, threatened in writing, which, either individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.

Section # Intellectual Property.Property; Licenses, Etc. The Borrower and each of its Restricted Subsidiaries ownown, license or are licensed or otherwise have full legalpossess the right to use all of the patents, trademarks, service marks, trade names, domain names, copyrights, franchises, authorizationspatents, patent rights, licenses, technology, software, know-how database rights, design rights and other intellectual property rights (collectively, “IP Rights”) that are reasonably necessary for the operation of their respective businesses, withoutbusinesses as currently conducted, and, to the knowledge of the Borrower, such IP Rights do not conflict with the rights of any other Person with respect thereto,Person, except whereto the absence ofextent such rightsfailure to own, license or the presence ofpossess or such conflicts could not,conflicts, either individually or in the aggregate, would not reasonably be expected to have 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.

Copyrights, Patents, Trademarks and eachLicenses, Etc Each of itsthe Borrowers and their Subsidiaries own or are licensed or otherwise have full legalthe right to use all of the patents, trademarks, service marks, trade names, copyrights, contractual franchises, authorizations and other rights that are reasonably necessary in the best business judgment of the Borrowers for the operation of their respective businesses, without conflict with the rights of any other Person with respect thereto, except where the absence of such rights or the presence of such conflictswhich could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.Effect To the best knowledge of the Borrowers, as of the date hereof, no slogan or other advertising device, product, process, method, substance, part or other material now employed, or now contemplated to be employed, by the Borrowers or any Subsidiary infringes upon any rights held by any other Person and no claim or litigation regarding any of the foregoing is pending or threatened, and no patent, invention, device, application, principle or any statute, law, rule, regulation, standard or code is pending or, to the knowledge of the Borrowers, proposed, which, in any case, could reasonably be expected to have a Material Adverse Effect