Common use of Assets of the Borrower Clause in Contracts

Assets of the Borrower. Each of the Borrower and its Subsidiaries has good and marketable title in fee simple to, or valid and subsisting leasehold interests in, all its real property, and good and marketable title to all of its other Properties, free and clear of Liens (other than Permitted Liens).

Assets of the Borrower. Each of the Borrower and its Subsidiaries has good and marketable title in fee simple to, or valid and subsisting leasehold interests in, all its real propertyProperty, and good and marketable title to all of its other Properties, free and clear of Liens (other than Permitted Liens), other than with respect to any such Property that is not material to the business of the Borrower and its Subsidiaries taken as a whole.