Common use of Property Generally Clause in Contracts

Property Generally. With respect to all real and personal assets and properties of the Borrower and each of its Subsidiaries (other than Intellectual Property which is covered in clause (c) below), the Borrower and each of its Subsidiaries has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property, whether tangible or intangible, material to its business, including all Product Assets and all properties and assets relating to its Products or Product Commercialization and Development Activities, subject only to Permitted Liens and except as could not reasonably be expected to (i) interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes or (ii) prevent or interfere with the ability of the Borrower or any of its Subsidiaries to conduct its business in the ordinary course.

Property Generally. With respect to all real and personal assets and properties of the Borrower and each of its Subsidiaries (other than Intellectual Property which is covered in clause (c) below), the Borrower and each of its Subsidiaries has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property, whether tangible or intangible, material to its business, including all Product Assets and all properties and assets relating to its Products or Product Commercialization and Development ActivitiesProducts, subject only to Permitted Liens and except as could not reasonably be expected to (i) interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes or (ii) prevent or interfere with the ability of the Borrower or any of its Subsidiaries to conduct its business in the ordinary course.

Property Generally. With respect to all real and personal assets and properties of the Borrower and each of its Subsidiaries (other than Intellectual Property which is covered in clause (c) below), the Borrower and each of its Subsidiaries has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property, whether tangible or intangible, material to its business, including all Product Assets Products and all properties and assets owned by the Borrower and its Subsidiaries relating to its Products or Product Commercialization and Development Activities, subject only to Permitted Liens and except as could not reasonably be expected to (i) interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes or (ii) prevent or interfere with the ability of the Borrower or any of its Subsidiaries to conduct its business in the ordinary course.

Property Generally. With respect to all real and personal assets and properties of the Borrower each Obligor and each of its Subsidiaries (other than Intellectual Property which is covered in clause (c) below), the Borrower each Obligor and each of its Subsidiaries has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property, whether tangible or intangible, material to its business, including all Product Assets and all properties and assets relating to its Products or Product Commercialization and Development Activities, subject only to Permitted Liens and except as could not reasonably be expected to (i) interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes or (ii) prevent or interfere with the ability of the Borrower or any Obligor any of its Subsidiaries to conduct its business in the ordinary course.

Property Generally. With respect to all real and personal assets and properties of the Borrower each Obligor and each of its Subsidiaries (other than Intellectual Property which is covered in clause (c) below), the Borrower each Obligor and each of its Subsidiaries has good and marketable fee simple title to, or valid leasehold interests in, all its real such assets and personal propertyproperties, whether tangible or intangible, material to its business, including all Product Assets and all properties and assets relating to its Products or Product Commercialization and Development Activities, subject only to Permitted Liens and except as could not reasonably be expected to (i) interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes or (ii) prevent or interfere with the ability of the Borrower or any Obligor any of its Subsidiaries to conduct its business in the ordinary course.. 50