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

Patents, Licenses, Franchises and Formulas. The Borrower or its subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and have obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of their business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would result in a Material Adverse Effect on the Borrower.

Patents, Licenses, Franchises and Formulas. The Borrower or its subsidiaries owns ------------------------------------------ all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and have has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of their its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would result in could not reasonably be expected to have a Material Adverse Effect on the BorrowerEffect.

Patents, Licenses, Franchises and Formulas. The (a) Each Borrower or its subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and have has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of their its respective business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would could result in a Material Adverse Effect on the BorrowerEffect.

Patents, Licenses, Franchises and Formulas. The Each of the Borrower or and its subsidiaries Subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and have has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of their its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would result in a Material Adverse Effect on the BorrowerEffect.

Patents, Licenses, Franchises and Formulas. The Each of the Borrower or and its subsidiaries Subsidiaries owns all the material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or has sufficient rights with respect to use the foregoing, and have has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of their its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would result in could reasonably be expected to have a Material Adverse Effect on the BorrowerEffect.

Patents, Licenses, Franchises and Formulas. The Each of the Borrower or and each of its subsidiaries Subsidiaries owns all the 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 have has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of their its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would result in a Material Adverse Effect on the Borrower.rights

Patents, Licenses, Franchises and Formulas. The Each of the Borrower or and each of its subsidiaries Subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and have or each has obtained assignments licenses of all leases and other rights of whatever nature, nature necessary for the present conduct of their businessits businesses, in each case without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would could reasonably be expected to result in a Material Adverse Effect on the BorrowerEffect.

Patents, Licenses, Franchises and Formulas. The Borrower or its subsidiaries owns all the patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and have has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of their its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would result in a Material Adverse Effect on the Borrower.

Patents, Licenses, Franchises and Formulas. The Each of the Borrower or and its subsidiaries Subsidiaries owns all the material patents, trademarks, permits, service marks, trade names, copyrights, licenses, franchises and formulas, or rights with respect to the foregoing, and have has obtained assignments of all leases and other rights of whatever nature, necessary for the present conduct of their its business, without any known conflict with the rights of others which, or the failure to obtain which, as the case may be, would result in could reasonably be expected to have a Material Adverse Effect on the BorrowerEffect.