Except as set forth on Schedule 5.1(p) , as of the Agreement Date, no Credit Party or any Restricted Subsidiary of a Credit Party owns any registered Intellectual Property, and has no pending registration applications with respect to any of the foregoing. No other Intellectual Property is necessary for the operation of the business of the Credit Parties and their Restricted Subsidiaries. Except as set forth on Schedule 5.1(p) , no material licenses or certifications are necessary for the operation of the Credit Parties’ and their Subsidiaries’ business.