Common use of Patents, Licenses, Franchises and Formulas Clause in Contracts

Patents, Licenses, Franchises and Formulas. Each of Holdings, the Borrower and their respective Subsidiaries owns all material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to own or obtain which, as the case may be, would be reasonably likely to result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each Holdings and each of Holdingsits Subsidiaries owns, or has the Borrower and their respective Subsidiaries owns right to use, all material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others whichothers, except for such failures and conflicts which could not, either individually or in the failure to own or obtain whichaggregate, as the case may be, would reasonably be reasonably likely expected to result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each of Holdings, the Borrower Holdings and their respective each of its Subsidiaries owns all material the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises franchises, proprietary information (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 and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to own or obtain which, as the case may be, would could reasonably be reasonably likely expected to result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each of Holdings, the Borrower Holdings and their respective each of its Subsidiaries owns all material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, reasonably necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to own or obtain which, as the case may be, would be reasonably likely to result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each of Holdings, the Borrower Holdings and their respective each of its Subsidiaries owns all material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained -82- assignments of all leases and other rights of whatever nature, reasonably necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to own or obtain which, as the case may be, would be reasonably likely to result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each of Holdings, the Borrower Holdings and their respective its Subsidiaries owns all material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of its business, without any known conflict with the rights of others which, or the failure to own or obtain which, as the case may be, would could reasonably be reasonably likely to result in have a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each of Holdings, the Borrower Holdings and their respective each of its Subsidiaries owns all material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained assignments of all leases licenses and other rights of whatever nature, necessary for the present and proposed conduct of its business, without any known conflict with the rights of others whichexcept, or the failure with respect to own or obtain whichany matter specified in this Section 7.20, as could not reasonably be expected, either individually or in the case may beaggregate, would be reasonably likely to result in have a Material Adverse Effect.