definiens: means all patents, trademarks, service marks, trade names, copyrights, domain names, trade secrets, and other intellectual property and proprietary rights worldwide ( including, but not limited to, any registrationsand applications with respect to any of the foregoing ) that are owned by, licensed to or used by AVANT or any of itssubsidiaries . Listed on Section 3.13 of the AVANT Disclosure Schedule are : ( i ) all patents, patent applications, registeredtrademarks, trademark applications, registered service marks, service mark applications, registered copyrights and domainnames owned by AVANT or any of its subsidiaries that are included in the AVANT IP Rights ( the ) and(ii ) all AVANT IP Rights Agreements ( as defined below ) pursuant to which AVANT or any of its subsidiaries grants to anythird party, or is granted by any third party, any exclusive license or other exclusive right with respect to any of the AVANTIP Rights, or that otherwise is material to the business of AVANT or any of its subsidiaries . Except as set forth on Section 3.13of the AVANT Disclosure Schedule, AVANT or its subsidiaries are the sole owners of all of the AVANT Owned IP . AVANTowns or possesses sufficient legal rights to ( i ) all trademarks, service marks, trade names, copyrights, domain names and tradesecrets and ( ii ) to the knowledge of AVANT and its subsidiaries, all patents and patent applications, as are necessary to theconduct of AVANT ’s and its subsidiaries ’ respective businesses as presently conducted, without infringing, misappropriatingor otherwise violating the intellectual property rights of others, except for any failure to own or so possess that would notreasonably be expected to have an AVANT Material Adverse Effect