Common use of Possession of Intangibles Clause in Contracts

Possession of Intangibles. To the knowledge of the Company or the Manager, each of the Company and the Manager owns or possesses such licenses or other rights to use all patents, trademarks, service marks, trade names, copyrights, software and design licenses, trade secrets, manufacturing processes, other intangible property rights and know-how (collectively “Intangibles”), as are necessary to entitle the Company and the Manager to conduct the Company’s business described in the Registration Statement, the General Disclosure Package and the Prospectus, and neither the Company nor the Manager has received written notice of any infringement of or conflict with (and neither the Company nor the Manager knows of any such infringement of or conflict with) asserted rights of others with respect to any Intangibles which could reasonably be expected to have a Material Adverse Effect.