Common use of Ownership and Liens Clause in Contracts

Ownership and Liens. The Borrower and each Subsidiary and each Guarantor have title to, or valid leasehold interests in, all of their respective properties and assets, real and personal, including the properties and assets and leasehold interests reflected in the financial statements referred to in Section 4.04 (other than any properties or assets disposed of in the ordinary course of business), and none of the properties and assets owned by the Borrower or any Subsidiary or any Guarantor and none of their leasehold interests is subject to any Lien, except such as may be permitted pursuant to Section 6.01 of this Agreement.

Appears in 8 contracts

Samples: Assignment Agreement, Assignment Agreement (Beazer Homes Usa Inc), Assignment Agreement (Beazer Homes Usa Inc)

AutoNDA by SimpleDocs

Ownership and Liens. The Borrower and each Subsidiary and each Guarantor have title to, or valid leasehold interests in, all of their respective properties and assets, real and personal, including the properties and assets and leasehold interests interest reflected in the financial statements referred to in Section 4.04 (other than any properties or assets disposed of in the ordinary course of business), and none of the properties and assets owned by the Borrower or any Subsidiary or any Guarantor and none of their leasehold interests is subject to any Lien, except such as may be permitted pursuant to Section 6.01 of this Agreement.

Appears in 6 contracts

Samples: Credit and Term Loan Agreement (First State Corp /Ga/), Loan Agreement (Bankatlantic Bancorp Inc), Loan Agreement (Bankatlantic Bancorp Inc)

Ownership and Liens. The Borrower and each Subsidiary and each Guarantor have title to, or valid leasehold interests in, all of their respective properties and assets, real and personal, including the properties and assets and leasehold interests reflected in the financial statements referred to in Section 4.04 (other than any properties or assets disposed of in the ordinary course of business), and none of the properties and assets owned by the Borrower or any Subsidiary or any Guarantor and none of their leasehold interests is subject to any Lien, except such as may be permitted pursuant to Section 6.01 of this Agreement6.01.

Appears in 4 contracts

Samples: Collateral Agreement (Clarksburg Skylark, LLC), Credit Agreement (Beazer Homes Usa Inc), Credit Agreement (Beazer Homes Usa Inc)

Ownership and Liens. The Borrower and Borrower, each Subsidiary and each Guarantor have title to, or valid leasehold interests in, all of their respective properties and assets, real and personal, including the properties and assets and leasehold interests interest reflected in the financial statements referred to in Section 4.04 (other than any properties or assets disposed of in the ordinary course of business), and none of the properties and assets owned by the Borrower or any Subsidiary or any Guarantor and none of their leasehold interests is subject to any Lien, except such as may be permitted pursuant to Section 6.01 of this this, Agreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Carey International Inc), Revolving Credit Agreement (Carey International Inc)

AutoNDA by SimpleDocs

Ownership and Liens. The Each of the Borrower and each Subsidiary and each the Guarantor have has title to, or valid leasehold interests ininterests, in all of their respective its properties and assets, real and personal, including the properties and assets and leasehold interests interest reflected in the financial statements referred to in Section 4.04 (other than any properties or assets disposed of in the ordinary course of business), and none of the properties and assets owned by the Borrower or any Subsidiary or any the Guarantor and none of their leasehold interests is subject to any Lien, except such as may be permitted pursuant to Section 6.01 of this Agreement.

Appears in 1 contract

Samples: Revolving Credit Agreement (Ryka Inc)

Ownership and Liens. The Borrower and each Each Borrower, Subsidiary and each Guarantor have has title to, or valid leasehold interests in, all of their respective properties and assets, real and personal, including the properties and assets and leasehold interests interest reflected in the financial statements referred to in Section 4.04 of this Agreement (other than any properties or assets disposed of in the ordinary course of business), and none of the properties and properties, assets or leasehold interests owned by the Borrower or any Borrower, Subsidiary or any Guarantor and none of their leasehold interests is subject to any Lien, except such as may be permitted pursuant to Section 6.01 of this Agreement.. Section 4.10

Appears in 1 contract

Samples: Credit Agreement      credit Agreement (Impath Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.