Common use of Good title to assets Clause in Contracts

Good title to assets. Each of the Borrower and its Material Subsidiaries has valid title to, or valid leases or licences of, or is otherwise entitled to use, the assets necessary to carry on its business as presently conducted.

Appears in 2 contracts

Samples: Facility Agreement (SK Ecoplant Co., Ltd.), Facility Agreement (SK Ecoplant Co., Ltd.)

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Good title to assets. Each of the The Borrower has a good, valid and its Material Subsidiaries has valid marketable title to, or valid leases or licences of, or is otherwise entitled and all appropriate Authorisations to use, the assets necessary to carry on its business as presently conducted.

Appears in 2 contracts

Samples: And Restatement Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)

Good title to assets. Each of the The Borrower has good, valid and its Material Subsidiaries has valid marketable title to, or valid leases or licences of, or is otherwise entitled and all appropriate Authorisations to use, the assets necessary to carry on its business as presently conducted.

Appears in 1 contract

Samples: Assignment Agreement (Pyxis Tankers Inc.)

Good title to assets. Each of the The Borrower has a good, valid and its Material Subsidiaries has valid marketable title to, or valid leases or licences of, or is otherwise entitled to use, the assets necessary to carry on its business as presently conductedconducted except, other than in the case of assets which are subject to the Transaction Security, where failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Mining Lease Agreement (Tiffany & Co)

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Good title to assets. Each of the The Borrower and its Material Subsidiaries each Security Obligor has a good, valid and marketable title to, or valid leases or licences of, or is otherwise entitled of and all appropriate Authorisations to use, the assets necessary to carry on its business as presently conducted.

Appears in 1 contract

Samples: Agreement (Corgi International LTD)

Good title to assets. Each of the The Borrower has a good, valid and its Material Subsidiaries has valid marketable title to, or valid leases or licences licenses of, or is otherwise entitled and all appropriate Authorisations to use, the assets necessary to carry on its business as presently conducted.

Appears in 1 contract

Samples: Term Loan Facility Agreement (Far East Energy Corp)

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