Field called "field_folder" already exists for content types conflicting with MBP module [#2769471]

My website currently uses a field called "field_folder" in use with Taxonomy Access Control Light (tac_lite) to manage access to pages. MBP uses the same field machine name to select the file folder location when uploading media. I received an error when accessing the file upload modal:

Notice: Undefined index: label in media_browser_plus_form_file_entity_add_upload_alter() (line 870 of /sites/all/modules/media_browser_plus/media_browser_plus.module). =>

Further investigation of the code showed me that the MBP module was looking at my previously created field.

My question is what is the best way to get the MBP module to work? I'm guessing it would be to rename the field name in MBP to something else, but I don't think that's a best practice.