Common use of Copyrights, Patents and Other Rights Clause in Contracts

Copyrights, Patents and Other Rights. The Borrower and each of its Subsidiaries possesses all patents, patent rights or patent licenses, trademark rights, trade names, trade name rights and copyrights and all other intellectual property rights which are required to conduct its business as presently conducted, and such rights do not infringe on or conflict with the rights of any other Person, except to the extent such infringement or conflict would not have a material adverse effect on the business, assets, prospects, operations, financial condition, liabilities or capitalization of the Borrower and its Subsidiaries taken as a whole.

Copyrights, Patents and Other Rights. The ------------------------------------- Borrower and each of its Subsidiaries possesses all patents, patent rights or patent licenses, trademark rights, trade names, trade name rights and copyrights and all other intellectual property rights which are required to conduct its business as presently conducted, and such rights do not infringe on or conflict with the rights of any other Person, except to the extent such infringement or conflict would not have a material adverse effect on the business, assets, prospects, operations, financial condition, liabilities or capitalization of the Borrower and its Subsidiaries taken as a whole.