Common use of Compression Equipment Clause in Contracts

Compression Equipment. (a) ABS Leasing and EES Leasing have good and valid title to the Compression Equipment, in each case free and clear of all security interests, liens, mortgages, pledges, charges, encumbrances and rights of others (“Liens”) for sums not yet due except (i) those set forth in Schedule 3.11, (ii) mechanics’, carriers’, workmen’s, repairmen’s or other like Liens arising or incurred in the ordinary course of business, (iii) Liens for taxes that are not due and payable or that may thereafter be paid without penalty, (iv) Liens securing debt of ABS 2007 or EXH that will be released prior to or as of the Closing (a complete list of which is set forth on Schedule 3.11) and (v) other imperfections of title or encumbrances that, individually or in the aggregate, could not reasonably be expected to materially interfere with the ordinary conduct of the Business (the Liens described in clauses (i), (ii), (iii), (iv) and (v) above are hereinafter referred to collectively as “Permitted Liens”), as well as free and clear of all preferential purchase rights, options or other rights to purchase.

Compression Equipment. (a) ABS Leasing The Contributors and EES Leasing UCO 2005 have good and valid title to the Compression Equipment, in each case free and clear of all security interests, liens, mortgages, pledges, charges, encumbrances and rights of others (“Liens”) for sums not yet due except (i) those set forth in Schedule 3.11, (ii) mechanics’, carriers’, workmen’s, repairmen’s or other like Liens arising or incurred in the ordinary course of business, (iii) Liens for taxes that are not due and payable or that may thereafter be paid without penalty, (iv) Liens Liens, securing debt of ABS 2007 any Contributor or EXH UCO 2005, that will be released prior to or as of the Closing (a complete list of which is set forth on Schedule 3.11) and (v) other imperfections of title or encumbrances that, individually or in the aggregate, could not reasonably be expected to materially interfere with the ordinary conduct of the Business (the Liens described in clauses (i), (ii), (iii), (iv) and (v) above are hereinafter referred to collectively as “Permitted Liens”), as well as free and clear of all preferential purchase rights, options or other rights to purchase.

Compression Equipment. (a) ABS Leasing and or EES Leasing have Leasing, as applicable, has good and valid title to the Compression Equipment, in each case free and clear of all security interests, liens, mortgages, pledges, charges, encumbrances and rights of others (“Liens”) for sums not yet due except (i) those set forth in Schedule 3.11, (ii) mechanics’, carriers’, workmen’s, repairmen’s or other like Liens arising or incurred in the ordinary course of business, (iii) Liens for taxes that are not due and payable or that may thereafter be paid without penalty, (iv) Liens securing debt of ABS 2007 or EXH that will be released prior to or as of the Closing (a complete list of which is set forth on Schedule 3.11) and (v) other imperfections of title or encumbrances that, individually or in the aggregate, could not reasonably be expected to materially interfere with the ordinary conduct of the Business (the Liens described in clauses (i), (ii), (iii), (iv) and (v) above are hereinafter referred to collectively as “Permitted Liens”), as well as free and clear of all preferential purchase rights, options or other rights to purchase.