Common use of Ownership of Property; Liens Clause in Contracts

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 Property; Liens. Each of the Borrower Company 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 Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

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 Property; Liens. Each of the Borrower Company 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 Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries 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, not reasonably be expected to have a Material Adverse Effect. The property of the Borrower and its Subsidiaries is not subject to no Liens, any Liens other than Liens permitted by Section 7.01Permitted Liens.

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 7.018.01.

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 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries 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 7.01Permitted Liens.

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 would 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 Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries 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 Property of the Borrower and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower Borrowers and each Subsidiary of their Subsidiaries 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 Borrowers and its their Subsidiaries is subject to no Liens, other than Liens permitted not prohibited by Section 7.01.

Ownership of Property; Liens. Each of the The Borrower and each Subsidiary of its Subsidiaries 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 Property; Liens. Each of the Borrower and each Subsidiary has good record and marketable indefeasible 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 Property; Liens. Each of the Borrower and each Subsidiary has good record and marketable indefeasible title in fee simple to, or valid leasehold interests in, all their respective real property necessary or used in the ordinary conduct of its businessproperties, 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 7.01Permitted Liens.

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

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 Property; Liens. Each of the Borrower Company and each Subsidiary its Subsidiaries 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 Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower Company 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 Company and its Subsidiaries is subject to no LiensLien, other than Liens permitted by Section 7.01.

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 not prohibited by Section 7.01.

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 inin (or other right to occupy), 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 Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries 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 Permitted Liens and for such defects in title as could not, individually or in the aggregate, not reasonably be expected to have a Material Adverse Effect. The property of the Borrower and its Subsidiaries is not subject to no Liens, any Liens other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower Credit Parties 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 Credit Parties and its their Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.017.03.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries 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 As of the Closing Date, the property of the Borrower and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries 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, would not reasonably be expected to have a Material Adverse Effect. The property of the Borrower and its Subsidiaries is not subject to no Liens, any Liens other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. (a) 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 Property; Liens. Each of the Borrower Company 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 Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries 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 Property; Liens. Each of the The Borrower and each Subsidiary of the Borrower has good record and marketable title in fee simple to, to or valid leasehold interests in, in all real property its Property necessary or used in for the ordinary Borrower and its Subsidiaries to conduct of its respective 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 None of the Borrower and its Subsidiaries Borrower’s or any Subsidiary’s Property is subject to no Liensany Lien, other than Liens except as permitted by in Section 7.017.9 hereof.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all material 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 7.01Permitted Liens.

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, including Liens listed on Schedule 7.01.

Ownership of Property; Liens. Each of the Borrower Company and each Subsidiary its Subsidiaries has good record and marketable title in fee simple to, to or valid leasehold interests in, in all its real property necessary or used in which is material to the ordinary conduct of Company and its businessSubsidiaries, except for such defects in and good title as could not, individually or in to all its other property which is material to the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Borrower Company and its Subsidiaries and none of such property is subject to no Liens, other than Liens permitted any Lien of any nature whatsoever which is prohibited by Section 7.01subsection 6.1 hereof.

Ownership of Property; Liens. Each of the Borrower Company 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Borrower Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

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 As of the Closing Date, the property of the Borrower and its Subsidiaries is subject to no Liens, other than Permitted Liens permitted by Section 7.01and Liens set forth on Schedule 6.08.

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 7.017.1.

Ownership of Property; Liens. Each of the Borrower Parent 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 Parent and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries 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 As of the Effective Date, the property of the Borrower and its Subsidiaries is not subject to no Liensany Lien, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower Company 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 Liens permitted by Section 7.01 and such other 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 Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the The Borrower and each Subsidiary Consolidated Entity 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 the Consolidated Entities is subject to no Liens, other than Liens permitted by Section 7.01.

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 material to its business, except for such defects in title as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Borrower and its Subsidiaries No Unencumbered Property is subject to no any Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. (a) Each of the Borrower and each Subsidiary of their respective Subsidiaries 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 Property; Liens. Each of the Borrower and each Subsidiary Group Member 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Borrower and its Subsidiaries each Group Member is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower Borrowers and each Restricted 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 No property of the any Borrower and its Subsidiaries or any Restricted Subsidiary is subject to no any Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary of Borrower 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 Permitted Liens and except for such defects in title as could would 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 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower The Company and each Restricted 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The As of the Effective Date, the property of the Borrower Company and its Restricted Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.016.02.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary the Restricted Subsidiaries has good record and marketable indefeasible title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 7.01 and except where the failure to have such defects in title as could notor other property interests described above would not reasonably be expected to have, 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 Property; Liens. Each of the Borrower Company 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 Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.017.1.

Ownership of Property; Liens. Each of the Borrower Company 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 to 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 Company and its Material Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary has good record and marketable title in fee simple (or the equivalent under local law or regulations) 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 Property; Liens. Each of the Borrower and each Restricted 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Borrower and its Restricted Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

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 Borrowers and its their Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

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 not prohibited by Section 7.01.

Ownership of Property; Liens. Each member of the Borrower and each Subsidiary Borrowing Group 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, taken as a whole, 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 Loan Parties and its their Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all real property 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 Property of the Borrower and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower Borrowers and each Subsidiary their respective Subsidiaries 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 As of the Closing Date, the property of the each Borrower and its Subsidiaries is not subject to no Liensany Lien, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the 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 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower and each any Significant 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 businessmaterial properties and assets, except for such defects in title that do not materially interfere with its ability to conduct its business as could not, individually currently conducted or in the aggregate, to utilize such properties and assets for their intended purposes and that would not reasonably be expected to have result in a Material Adverse Effect. The , and none of such property of the Borrower and its Subsidiaries or assets is subject to no Liens, other than Liens any Lien except as permitted by Section 7.016.2.

Ownership of Property; Liens. Except as disclosed in Schedule 5.08, Each of the Borrower Company and each Significant Subsidiary has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, except for Liens permitted by Section 7.01 and except where the failure to have such defects in title as could or interest would 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 Property; Liens. Each of the 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 Property; Liens. Each of the Borrower Company 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 Permitted Liens and such other 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 Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower Limited and each Subsidiary of its Subsidiaries 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 Limited and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Restricted 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 Restricted Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the The Borrower and each Restricted 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The As of the Closing Date, the property of the Borrower and its Restricted Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.017.1.

Ownership of Property; Liens. Each of the Borrower Company and each Subsidiary its Subsidiaries has good record and marketable title in fee simple to, or a valid leasehold interests interest in, all its real property necessary property, and good title to, or used in the ordinary conduct of a valid leasehold interest in, all its businessother property, except for where the failure to have such defects in title or such leasehold interest, as the case may be, could not, individually or in the aggregate, not reasonably be expected to have a Material Adverse Effect. The , and none of such property of the Borrower and its Subsidiaries is subject to no Liens, other than Liens any Lien except as permitted by Section 7.01subsection 12.3.

Ownership of Property; Liens. Each of the Borrower Company 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 or other interest as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Borrower Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower Company and each Subsidiary of its Subsidiaries 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 Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

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 and good title to all of its businesstheir respective other properties, except for such defects in title as could would 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 the presently existing and future Liens permitted by Section 7.01.

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 inin (or other right to occupy), 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.. 5.09

Ownership of Property; Liens. Each of the Borrower and each Restricted Subsidiary has good record and marketable sufficient 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 Restricted Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower Xxxxxxxxx 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The As of the Closing Date, the property of the Borrower Xxxxxxxxx and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.017.02.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries 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, would not reasonably be expected to have a Material Adverse Effect. The property of the Borrower and its Subsidiaries is not subject to no Liens, any Liens other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the 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 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower and each Restricted Subsidiary of the Borrower has good record and marketable title in fee simple to, or valid leasehold interests in, all real property Property necessary or used in the ordinary conduct of its businesstheir respective businesses, except for such defects in title or in leasehold interests as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property None of the Properties of the Borrower and or any of its Restricted Subsidiaries is subject to no any Liens, other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower The Company and each Subsidiary has its Subsidiaries have good record and marketable title in fee simple to, or valid leasehold interests in, all real property Property necessary or used in the ordinary conduct of its their 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 Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower Company and each Subsidiary its Material Subsidiaries has good record and marketable indefeasible 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Borrower Company and its Material Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. (a) Each of the Borrower and each Restricted 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 Property; Liens. Each of the The Borrower and each Subsidiary has good record and marketable valid 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 Property; Liens. (a) 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 Permitted Liens and Permitted Encumbrances and 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 Property; Liens. Each of the Borrower Holdings and each Subsidiary of its Restricted Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 8.02 and except where the failure to have such defects in title as or interests could notnot reasonably be expected to have, 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 Property; Liens. Each of the Borrower Company 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 businessbusiness and purported to be owned or leased by the Company or such Subsidiary, 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 Company and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

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 would 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 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 SECTION 7.01.

Ownership of Property; Liens. Each of the Borrower Company 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 to the extent that the failure to have such defects in title as or leasehold interest could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Borrower Company and its Subsidiaries is subject to no material Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Restricted 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 Restricted Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the The Borrower and each Restricted Subsidiary has good record and marketable indefeasible 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 Restricted Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries 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 As of the Closing Date, the property of the Borrower and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Restricted Subsidiary of the Borrower has good record and marketable title in fee simple to, or valid leasehold interests in, all real property Property necessary or used in the ordinary conduct of its businesstheir respective businesses, except for such defects in title as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property As of the Closing Date, none of the Properties of the Borrower and or any of its Restricted Subsidiaries is subject to no any Liens, other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower Borrower, CNL HP and each Subsidiary Owner 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 each Borrower and its Subsidiaries each Owner is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Parent, the Borrower and each Restricted 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, not reasonably be expected to have a Material Adverse Effect. The property of the Parent, the Borrower and its their Restricted Subsidiaries is subject to no Liens, other than except Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary has good record and marketable indefeasible title in fee simple to, or valid leasehold interests in, all their respective real property necessary or used in the ordinary conduct of its businessproperties, 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 Property; Liens. Each of the Borrower and each Subsidiary its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all real property 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 Property of the Borrower and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary has good record and marketable indefeasible title in fee simple to, or valid leasehold interests in, all their respective real property necessary or used in the ordinary conduct of its businessproperties, 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 7.015.09.

Ownership of Property; Liens. Each Except as disclosed in Schedule 5.08, each of the Borrower Company and each Significant Subsidiary has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, except for Liens permitted by Section 7.01 and except where the failure to have such defects in title as could or interest would 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 Property; Liens. Each of the Borrower Holdings and each Subsidiary has good record good, sufficient and marketable legal title in fee simple (or similar ownership title) 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 Holdings and its Subsidiaries is subject to no Liens, other than Liens permitted not prohibited by Section 7.01.

Ownership of Property; Liens. Each of the The Borrower and each Subsidiary has its Significant Subsidiaries have 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 Significant Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower Cxxxxxxxx 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The As of the Closing Date, the property of the Borrower Cxxxxxxxx and its Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the The Borrower and each Subsidiary has good record and marketable indefeasible 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 Property; Liens. Each of the Borrower Company 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 Company and its Material Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property; Liens. Each of the Borrower and each Subsidiary its Material Subsidiaries has good record and marketable indefeasible 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Borrower and its Material Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01Permitted Liens.

Ownership of Property; Liens. Each of the Borrower Company and each Restricted Subsidiary has good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary or used in material to 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 Company and its Restricted Subsidiaries is subject to no Liens, other than Liens permitted by Section 7.01.

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 would 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.