Each Loan Party and its Subsidiaries owns, or is licensed to use, all trademarks, trade names, copyrights, patents and other intellectual property necessary to its business as currently conducted, and the use thereof by each Loan Party and its Subsidiaries does not infringe upon the rights of any other Person , except for such infringements which, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect , and, except as set forth on Item 6.14 (“ Intellectual Property ”), each Loan Party ’s rights thereto are not subject to any licensing agreement or similar arrangement. Item 6.14 sets forth a complete and accurate list of all (i) all United States Federally registered trademarks and trademark applications, United States Federally registered Patents and patent applications and United States Federally registered copyrights and copyright applications and domain names; and (ii) all other material intellectual property, in each case owned by each Loan Party as of the Effective Date . No slogan or other advertising device, product, process, method, substance, part or other material now employed, or now contemplated to be employed, by any Loan Party infringes upon or conflicts with any rights owned by any other Person , and no claim or litigation regarding any of the foregoing is pending or , to the knowledge of any Loan Party , threatened, except for such infringements and conflicts which could not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.