Common use of Ownership of Properties; Liens Clause in Contracts

Ownership of Properties; Liens. Except as is or would be permitted pursuant to Section 11.3, each Borrower and each of its Recourse Subsidiaries has (a) good and marketable title to all its owned, and valid leasehold interests in all its leased, real property and (b) good title to all its owned, and valid leasehold interests in all its leased, personal properties and assets, in each case subject to no Lien.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Revlon Consumer Products Corp), Revolving Credit Agreement (Revlon Consumer Products Corp), Revolving Credit Agreement (Revlon Consumer Products Corp)

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Ownership of Properties; Liens. Except as is or would be permitted pursuant to Section 11.3, each Borrower the Company and each of its Recourse Subsidiaries has (a) good and marketable title to all its owned, and valid leasehold interests in all its leased, real property and (b) good title to all its owned, and valid leasehold interests in all its leased, personal properties and assets, in each case subject to no Lien.

Appears in 4 contracts

Samples: Loan Agreement (Revlon Consumer Products Corp), Term Loan Agreement (Revlon Consumer Products Corp), Term Loan Agreement (Revlon Consumer Products Corp)

Ownership of Properties; Liens. Except as is or would be permitted pursuant to Section 11.3, each Borrower and each of its Recourse Subsidiaries has (a) good and marketable title to all its owned, and valid leasehold interests in all its leased, real property and (b) good title to all its owned, and valid leasehold interests in all its leased, personal properties and assets, in each case subject to no Lien.

Appears in 2 contracts

Samples: Credit Agreement (Revlon Consumer Products Corp), Credit Agreement (Revlon Consumer Products Corp)

Ownership of Properties; Liens. Except as is or would be permitted pursuant to Section subsection 11.3, each Borrower and each of its Recourse Subsidiaries has (a) good and marketable title to all its owned, and valid leasehold interests in all its leased, real property and (b) good title to all its owned, and valid leasehold interests in all its leased, personal properties and assets, in each case subject to no Lien.

Appears in 1 contract

Samples: Credit Agreement (Revlon Consumer Products Corp)

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Ownership of Properties; Liens. Except as is or would be permitted pursuant to Section 11.3, each Borrower the Company and each of its Recourse Subsidiaries has (a) good and marketable title to all its owned, and valid leasehold interests in all its leased, real property and (b) good title to all its owned, and valid leasehold interests in all its leased, personal properties and assets, in each case subject to no Lien.

Appears in 1 contract

Samples: Term Loan Agreement (Revlon Consumer Products Corp)

Ownership of Properties; Liens. Except as is or would be permitted pursuant to Section 11.3subsection 14.3, each Borrower and each of its Recourse Subsidiaries has (a) good and marketable title to all its owned, and valid leasehold interests in all its leased, real property and (b) good title to all its owned, and valid leasehold interests in all its leased, personal properties and assets, in each case subject to no Lien.

Appears in 1 contract

Samples: Credit Agreement (Revlon Worldwide Parent Corp)

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