Ownership of Charged Property Sample Clauses

Ownership of Charged Property it is the sole beneficial owner of the Charged Property, or the SEOCH Participant has obtained assurances from each person as it considers may have any beneficial or equitable interest or Rights in or over the Charged Property that:
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Ownership of Charged Property. Each Obligor is the sole legal and beneficial owner of the Charged Property over which it purports to grant a Security Interest under the Security Documents.
Ownership of Charged Property. 10.4 The Recipient is the legal and beneficial owner of the Charged Property and has good and marketable title to the Property. No Security
Ownership of Charged Property. The Security Obligors are the legal and beneficial owners of the Charged Property.
Ownership of Charged Property. The Borrower is the only legal and beneficial owner of the Charged Property free from any Encumbrance other than the Encumbrances created by this debenture.

Related to Ownership of Charged Property

  • Ownership of Property; Liens Each of the Borrower and each Subsidiary has good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Borrower and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

  • Ownership of Trust Property Legal title to all of the Trust Property shall at all times be considered to be vested in the Trust, except that the Board of Trustees shall have the power to cause legal title to any Trust Property to be held by or in the name of any Person as nominee, on such terms as the Board of Trustees may determine, in accordance with applicable law.

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