Common use of Title to Properties Clause in Contracts

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interest, mortgage, lien, encumbrance, equity, adverse claim or other defect, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interest, mortgage, lien, encumbrance, equity, adverse claim or other defect, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment equipment, and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment equipment, or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interest, mortgage, lien, encumbrance, equity, adverse claim or other defect, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment equipment, and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the The Company has good and marketable title to all the properties property and other assets reflected as owned by it in the financial statements referred to in Section 1(n) above (or elsewhere in Registration Statement, the Pricing Disclosure Package and the Prospectus), in each case (except as disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus) free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defect, defects except such as those that do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made conduct of such real property, improvements, equipment or personal property by the business of the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the The Company has good and marketable title to all of the properties real and personal property and other assets reflected as owned by it in the financial statements referred to in Section 1(n1(j) above (or elsewhere in the Disclosure Package and Registration Statement, the Time of Sale Prospectus or the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the The Company has good and marketable title to all of the properties real and personal property and other assets reflected as owned by it in the financial statements referred to in Section 1(n1(j) above (or elsewhere in the Disclosure Package and Registration Statement, the Time of Sale Prospectus or the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not not, individually or in the aggregate, materially and adversely affect the value of such property and do not materially interfere with the use made or and proposed to be made of such property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company and each of its subsidiaries has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(i) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or such subsidiary. The real property, improvements, equipment and personal property held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.

Title to Properties. Except as otherwise disclosed to the extent described in the Disclosure Package and the Prospectus, the Company has and its subsidiaries have good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(A)(i) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or such subsidiary. The real property, improvements, equipment and personal property held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company and each of its subsidiaries has good and marketable title to all of the properties real and personal property and other assets reflected as owned by it in the financial statements referred to in Section 1(n2(m) above (or elsewhere in the Disclosure Package and the Prospectus)above, in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or such subsidiary. The real property, improvements, equipment and personal property held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interest, mortgage, lien, encumbrance, equity, adverse claim or other defect, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use use, made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(A)(i) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company and each of its subsidiaries has good and marketable title to all of the properties real and personal property and other assets reflected as owned by it in the financial statements referred to in Section 1(n1(k) above (or elsewhere in the Disclosure Package and the Prospectus)above, in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or such subsidiary. The real property, improvements, equipment and personal property held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the The Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(i) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as are disclosed in the Registration Statement and Prospectus or as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are disclosed in the Registration Statement and Prospectus or as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(m) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interest, mortgage, lien, encumbrance, equity, adverse claim or other defect, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment equipment, and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company has and its subsidiaries have good and marketable title to all of the properties real and personal property and other assets reflected as owned by it in the financial statements referred to in Section 1(n2(m) above (or elsewhere in the Disclosure Package and Registration Statement or the Prospectus), and, except as otherwise disclosed in the Prospectus or permitted pursuant to the terms of the Company’s Credit Agreement, in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defect, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Companydefects. The real property, improvements, equipment and personal property held under lease by the Company or any of its subsidiaries are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the The Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(q) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interest, mortgage, lien, encumbrance, equity, adverse claim or other defect, except as described in the Disclosure Package and the Prospectus and such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the The Company has good and marketable title to all the properties real and assets personal property reflected as owned by it in the financial statements referred to in Section 1(n1(k) above (or elsewhere in the Disclosure Package and the or Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as are otherwise disclosed in the Financial Statements, the Disclosure Package or the Prospectus or as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such the property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are disclosed in the Disclosure Package or the Prospectus as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the The Company has good and marketable title to all the properties real and assets personal property reflected as owned by it in the financial statements referred to in Section 1(n1(l) above (or elsewhere in the Disclosure Package and the or Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as are otherwise disclosed in the Financial Statements, the Disclosure Package or the Prospectus or as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such the property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are disclosed in the Disclosure Package or the Prospectus or as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interest, mortgage, lien, encumbrance, equity, adverse claim or other defect, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and and/or do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the ProspectusProspectus Supplement, the Company has and its subsidiaries have good and marketable title to all of the properties real and personal property and other assets reflected as owned by it in them which is material to the financial statements referred to in Section 1(n) above (or elsewhere in business of the Disclosure Package and the Prospectus)Company, in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defect, defects except such as do not materially and adversely affect the value of such property and do not materially interfere in any material respect with the use made or and currently proposed to be made of such property by the Company. The Except as otherwise disclosed in the Prospectus Supplement, the real property, improvements, equipment and personal property held under lease by the Company or any of its subsidiaries are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(p) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or as would not have a Material Adverse Effect. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the The Company has good and marketable title in fee simple to all the real property and good and marketable title to all other properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(m) above (or elsewhere in the Registration Statement, the General Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienpledges, encumbranceliens, equityencumbrances, adverse claim equities, claims, and other defects or other defectrestrictions of any kind, except such as do not materially described in the Registration Statement, the General Disclosure Package and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyProspectus. The real property, improvements, equipment buildings, equipment, and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment equipment, or personal property by the Company.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company and its subsidiary has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(A)(i) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or such subsidiary. The real property, improvements, equipment and personal property held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company and each of its subsidiaries has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(h) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or such subsidiary. The real property, improvements, equipment and personal property held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.

Title to Properties. Except as otherwise disclosed to the extent described in the Disclosure Package and the Prospectus, the Company has and its subsidiaries have good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(i) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or any of its subsidiaries. The real property, improvements, equipment and personal property held under lease by the Company or any of its subsidiaries are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or any such subsidiary.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the The Company and each of its subsidiaries has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(i) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or such subsidiary. The real property, improvements, equipment and personal property held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.

Title to Properties. Except as otherwise disclosed in the Registration Statement, Disclosure Package and the Prospectus, the Company has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interest, mortgage, lien, encumbrance, equity, adverse claim or other defect, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the Company. The real property, improvements, equipment and personal property held under lease by the Company are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company.

Title to Properties. Except as otherwise disclosed in each Prospectus, each of the Disclosure Package Company and the Prospectus, the Company Subsidiaries has good and marketable title to all the properties and assets reflected as owned by it in the consolidated financial statements referred to in Section 1(n1(i) above (or elsewhere in the Disclosure Package and the Prospectus)above, in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany and the Subsidiaries. The real property, improvements, equipment and personal property held under lease by the Company and the Subsidiaries are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany and the Subsidiaries.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the ProspectusProspectus or as would not result in a Material Adverse Change, the Company has and its Guarantors have good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(k) above hereof (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such for Permitted Liens (as do not materially and adversely affect defined in the value “Description of such property and do not materially interfere with Notes” section of the use made or proposed to be made of such property by the CompanyPricing Disclosure Package). The real property, improvements, equipment and personal property held under lease by the Company or by its subsidiaries are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or the Guarantors.

Title to Properties. Except as otherwise disclosed described in the Disclosure Package and the Prospectus, the Company and each of its subsidiaries has good and marketable valid title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(A)(i) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or such subsidiary. The real property, improvements, equipment and personal property held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the Company, or such subsidiary.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company and each of its subsidiaries has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(p) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or such subsidiary. The real property, improvements, equipment and personal property held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.

Title to Properties. Except as otherwise disclosed in the Disclosure Package and the Prospectus, the Company and each of its subsidiaries has good and marketable title to all the properties and assets reflected as owned by it in the financial statements referred to in Section 1(n1(j) above (or elsewhere in the Disclosure Package and the Prospectus), in each case free and clear of any security interestinterests, mortgagemortgages, lienliens, encumbranceencumbrances, equityequities, adverse claim or claims and other defectdefects, except such as do not materially and adversely affect the value of such property and do not materially interfere with the use made or proposed to be made of such property by the CompanyCompany or such subsidiary. The real property, improvements, equipment and personal property held under lease by the Company or any subsidiary are held under valid and enforceable leases, with such exceptions as are not material and do not materially interfere with the use made or proposed to be made of such real property, improvements, equipment or personal property by the CompanyCompany or such subsidiary.