(w) Each of the Company and the Company Guarantors has all requisite corporate power and authority, and all necessary consents, approvals, authorizations, orders, registrations, qualifications, licenses, filings and permits of, with and from the appropriate federal, state or local governmental or regulatory agencies or bodies and all third parties, foreign and domestic (collectively, “Consents”), to own and lease its properties and conduct its business as it is now being conducted and as it is proposed to be conducted and as described in the Disclosure Package, except where the failure to have such Consents would not, individually or in the aggregate, have a Material Adverse Effect, and the Prospectus and each such Consent is valid and in full force and effect, and neither the Company nor any Company Guarantor has received notice of any investigation or proceedings that results in or, if decided adversely to the Company or any Company Guarantor, would result in, the revocation of, or imposition of a materially burdensome restriction on, any Consent. Each of the Company and the Company Guarantors is in compliance with all applicable laws, rules, regulations, ordinances, directives, judgments, decrees and orders, foreign and domestic, except where failure to be in compliance would not result in a Material Adverse Effect. No Consent contains a materially burdensome restriction not adequately disclosed in the Disclosure Package and the Prospectus.
(x) Except as disclosed in the Disclosure Package and the Prospectus, there are no legal or governmental actions, suits, proceedings, inquiries or investigations pending as to which the Company or any of the Company Guarantors is a party or of which any property of the Company or any of the Company Guarantors is the subject that, if determined adversely to the Company or any of the Company Guarantors, would, individually or in the aggregate, have a Material Adverse Effect or would materially and adversely affect the ability of the Company or any of the Company Guarantors to perform their respective obligations under this Agreement, and no such actions, suits or proceedings are threatened or, to the Company’s and the Company Guarantors’ knowledge, contemplated.
(y) Except as disclosed in the Disclosure Package and the Prospectus, no material labor disturbance by the employees of the Company or any Company Guarantor exists or, to the Company’s and Company Guarantors’ knowledge, is threatened or imminent, and neither the Company nor any Company Guarantor is aware of any existing or threatened or imminent labor disturbances by the employees of any of its principal suppliers, manufacturers or contractors.
(z) Except as disclosed in the Disclosure Package and the Prospectus, each of the Company and the Company Guarantors (i) owns, possesses or can acquire on reasonable terms adequate right to use all patents, patent applications, trademarks, service marks, trade names, trademark registrations, service mark registrations, copyrights, licenses, formulae, customer lists and know-how and other intellectual property (including trade secrets and other unpatented and/or unpatentable proprietary or confidential information, systems or procedures, “Intellectual Property”) necessary to conduct its business as it is now being conducted and as it is proposed to be conducted and as described in the Disclosure Package and the Prospectus, except where the failure to own, possess or acquire the right to use such Intellectual Property would not, individually or in the aggregate, have a Material Adverse Effect, and (ii) has no
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