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

Patents, Licenses, Franchises and Formulas. Holdings and each of its Subsidiaries owns, or has the right to use, all material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, 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, except for such failures and conflicts which could not, either individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Holdings Each of Holdings, the Borrower and each of its their respective Subsidiaries owns, or has the right to use, owns all 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 othersothers which, except for such failures and conflicts which could notor the failure to own or obtain which, either individually or in as the aggregatecase may be, would be reasonably be expected likely to result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each of Holdings and each of its Subsidiaries owns, or has owns all the right to use, all material 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 othersothers which, except for such failures and conflicts which or the failure to obtain which, as the case may be, could not, either individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each of Holdings and each of its Subsidiaries owns, or has the right to use, owns all material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and has obtained -82- assignments of all leases and other rights of whatever nature, reasonably necessary for the present conduct of its business, without any known conflict with the rights of othersothers which, except for such failures and conflicts which could notor the failure to own or obtain which, either individually or in as the aggregatecase may be, would be reasonably be expected likely to result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each of Holdings and each of its Subsidiaries owns, or has the right to use, owns all 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, reasonably necessary for the present conduct of its business, without any known conflict with the rights of othersothers which, except for such failures and conflicts which could notor the failure to own or obtain which, either individually or in as the aggregatecase may be, would be reasonably be expected likely to result in a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each of Holdings and each of its Subsidiaries owns, or has the right to use, owns all 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 licenses and other rights of whatever nature, necessary for the present and proposed conduct of its business, without any known conflict with the rights of othersothers except, except for such failures and conflicts which with respect to any matter specified in this Section 7.20, as could notnot reasonably be expected, either individually or in the aggregate, reasonably be expected to result in have a Material Adverse Effect.

Patents, Licenses, Franchises and Formulas. Each of Holdings and each of its Subsidiaries owns, or has the right to use, owns all 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 othersothers which, except for such failures and conflicts which or the failure to obtain which, as the case may be, could not, either individually or in the aggregate, reasonably be expected likely to result in have a Material Adverse Effect.