Trademarks, Patents. Each of the Borrower and the Material Subsidiaries possesses or has the right, by way of ownership, license or otherwise, to use all of the patents, trademarks, trade names, service marks and copyrights, and applications therefor, and all technology, know how, processes, methods and designs used in or necessary for the conduct of its business, without known conflict with the rights of others, except where the lack of such possession or right or where the existence of such conflict would not constitute an Adverse Event.
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Samples: Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp), Credit Agreement (Otter Tail Corp)
Trademarks, Patents. Each of the Borrower and the Material Subsidiaries possesses or has the right, by way of ownership, license or otherwise, right to use all of the patents, trademarks, trade names, service marks and copyrights, and applications therefor, and all technology, know know-how, processes, methods and designs used in or necessary for the conduct of its business, without known conflict with the rights of others, except where to the lack of extent that such possession failure to possess or have the right or where the existence of such conflict would to use could not reasonably be expected to constitute an a Material Adverse Event.Occurrence..
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