Legal and beneficial owner. It is the absolute legal owner and beneficial owner of the assets subject to the Transaction Security.
Legal and beneficial owner. It is the absolute legal and beneficial owner of the assets subject to the Transaction Security created or expressed to be created pursuant to the Security Documents to which it is a party.
Legal and beneficial owner. It will be the legal and beneficial owner of any securities it is required to deliver under this Agreement and any Transaction at the time of each delivery, free from all liens, charges, equities, rights of pre-emption or other security interests or encumbrances whatsoever, unless otherwise expressly provided in a Confirmation for a Transaction, and such securities will not constitute "restricted securities" or "control stock" under the Securities Act (as defined below).
Legal and beneficial owner. Subject to the provisions of the Credit Facility Agreement or the relevant Security Agreements, each of them is the legal and beneficial owner (in Romanian, proprietar legal si unic) of, and has good and valid title (in Romanian, titlu valabil şi neafectat de condiţii) to, each of its assets which is expressed to be the subject of the Security Agreements.
Legal and beneficial owner. The Borrower is the absolute legal owner and beneficial owner of all the Assets excluding mining leases, which it is entitled, in accordance with the terms of the respective leases and the Assets other than Current Assets are free from encumbrances.
Legal and beneficial owner. It is the absolute legal owner and beneficial owner or the sole beneficial owner of the assets subject to the Transaction Security and, in the case of assets that are subject to Security Documents governed by the laws of Germany, may freely dispose thereof without restrictions.
Legal and beneficial owner. Subject to any applicable custody agreement or custody arrangements with the Custodian (or any sub-custodian), the Applicant is the legal owner and beneficial owner of the assets subject to the Transaction Security.
Legal and beneficial owner it is the legal and beneficial owner of:
Legal and beneficial owner. It is the absolute legal (subject to the Voting Trust Agreement in respect of the Parent and the Original Borrower any necessary registrations in the books of the entity whose shares are being charged or any other legal formalities referred to in the Legal Opinions which will be effected promptly after the date hereof) and, where applicable, beneficial owner of all its assets subject to any Permitted Encumbrances and to any security granted under the Security Documents to which it is a party.
