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

Patents, Licenses, Franchises and Formulas. The Borrower owns ------------------------------------------ all the 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 obtain which, as the case may be, could not reasonably be expected to have a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. The Borrower or its subsidiaries owns ------------------------------------------ all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and has have obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of its their business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, could not reasonably be expected to have would result in a Material Adverse EffectEffect on the Borrower.

Patents, Licenses, Franchises and Formulas. The Each of the Borrower and its Subsidiaries owns ------------------------------------------ all the 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 obtain which, as the case may be, could not reasonably be expected to have would result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. The (a) Each Borrower owns ------------------------------------------ all the 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 respective business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, could not reasonably be expected to have result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. The Each of the Borrower and its Subsidiaries owns ------------------------------------------ all the material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or has sufficient rights with respect to use 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 obtain which, as the case may be, could not reasonably be expected to have a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. The Each of the Borrower and each of its Subsidiaries owns ------------------------------------------ all 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 obtain which, as the case may be, could not reasonably be expected to have a Material Adverse Effect.rights

Patents, Licenses, Franchises and Formulas. The Each of the Borrower and each of its Subsidiaries owns ------------------------------------------ all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and or each has obtained assignments licenses of all leases and other rights of whatever nature, nature necessary for the present conduct of its businessbusinesses, in each case without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, could not reasonably be expected to have result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. The Each of the Borrower and its Subsidiaries owns ------------------------------------------ all the 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 obtain which, as the case may be, could not reasonably be expected to have a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. The Borrower owns ------------------------------------------ all the 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 obtain which, as the case may be, could not reasonably be expected to have would result in a Material Adverse EffectEffect on the Borrower.