Common use of Ownership of Property; Liens Clause in Contracts

Ownership of Property; Liens. Each Loan Party and 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 35 contracts

Samples: Credit Agreement (Societal CDMO, Inc.), Credit Agreement (Societal CDMO, Inc.), Credit Agreement (Zevra Therapeutics, Inc.)

AutoNDA by SimpleDocs

Ownership of Property; Liens. Each Loan Party and each 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 31 contracts

Samples: Assignment and Assumption (American Assets Trust, L.P.), Credit Agreement (Apple Hospitality REIT, Inc.), Credit Agreement (Apple Hospitality REIT, Inc.)

Ownership of Property; Liens. Each Loan Party and each of its respective Restricted Subsidiaries has good and valid 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 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 26 contracts

Samples: Credit Agreement (Life Time Group Holdings, Inc.), Credit Agreement (Life Time Group Holdings, Inc.), First Lien Credit Agreement (Convey Health Solutions Holdings, Inc.)

Ownership of Property; Liens. Each Loan Party and each of its 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 such minor defects in title as could not, individually that do not materially interfere with its ability to conduct its business or in to utilize such assets for their intended purposes and Liens permitted by Section 7.01 and except where the aggregate, failure to have such title or other interest would not reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 26 contracts

Samples: Possession Credit Agreement (iHeartMedia, Inc.), Credit Agreement (iHeartCommunications, Inc.), Credit Agreement (Clear Channel Communications Inc)

Ownership of Property; Liens. Each of Loan Party and 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 25 contracts

Samples: Credit Agreement (Montrose Environmental Group, Inc.), Credit Agreement (Montrose Environmental Group, Inc.), Credit Agreement (Montrose Environmental Group, Inc.)

Ownership of Property; Liens. Each Loan Party and each of its 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 such minor defects in title as that do not materially interfere with its ability to conduct its business or to utilize such assets for their intended purposes and Liens permitted by Section 7.01 and except where the failure to have such title could notnot reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 19 contracts

Samples: Credit Agreement (Team Health Holdings Inc.), Credit Agreement (Team Health Holdings Inc.), Credit Agreement (Sungard Data Systems Inc)

Ownership of Property; Liens. (a) Each Loan Party and each 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 16 contracts

Samples: Credit Agreement (PureCycle Technologies, Inc.), Credit Agreement (PureCycle Technologies, Inc.), Credit Agreement (TimkenSteel Corp)

Ownership of Property; Liens. (a) Each Loan Party and each of its Restricted 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 11 contracts

Samples: Credit Agreement (Amplify Energy Corp.), Credit Agreement (Amplify Energy Corp.), Credit Agreement (Sandridge Energy Inc)

Ownership of Property; Liens. Each of the Loan Party Parties and 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 . No Property of the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party Parties and its their Subsidiaries is subject to no any Liens, other than Permitted Liens.

Appears in 11 contracts

Samples: Credit Agreement (AdaptHealth Corp.), Credit and Guaranty Agreement (Potbelly Corp), Credit Agreement (AdaptHealth Corp.)

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

Appears in 10 contracts

Samples: Credit Agreement (Resmed Inc), Syndicated Facility Agreement (Resmed Inc), Credit Agreement

Ownership of Property; Liens. Each Loan Party and each 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 (i) as set forth on Schedule 5.08, (ii) Liens permitted by Section 7.01 or (iii) where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 8 contracts

Samples: Credit Agreement (Iqvia Holdings Inc.), Credit Agreement (Iqvia Holdings Inc.), Credit Agreement (Iqvia Holdings Inc.)

Ownership of Property; Liens. Each Loan Party and each of its 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 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 8 contracts

Samples: Credit Agreement (JOANN Inc.), Credit Agreement (JOANN Inc.), Credit Agreement (Jo-Ann Stores Holdings Inc.)

Ownership of Property; Liens. (a) Each Loan Party and each of its Restricted 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 7 contracts

Samples: Credit Agreement (Kbr, Inc.), Syndicated Facility Agreement (Kbr, Inc.), Syndicated Facility Agreement (Aecom)

Ownership of Property; Liens. Each Loan Party and its each of the 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 (i) Liens permitted by Section 9.1 and (ii) where the failure to have such defects in title as could notor other interest would not reasonably be expected to result in, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 7 contracts

Samples: Credit Agreement (99 Cents Only Stores LLC), Credit Agreement (99 Cents Only Stores LLC), Credit Agreement (99 Cents Only Stores LLC)

Ownership of Property; Liens. (a) Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, 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 each Each Loan Party and each of its Subsidiaries is subject has good and marketable title to, valid leasehold interests in, or valid licenses to no Liens, other than Permitted Liensuse all personal property and assets material to the ordinary conduct of its business.

Appears in 7 contracts

Samples: Credit and Security Agreement (FreightCar America, Inc.), Credit and Security Agreement (Katy Industries Inc), Credit and Security Agreement (Katy Industries Inc)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 6 contracts

Samples: Credit Agreement (Global Partners Lp), Credit Agreement (American Vanguard Corp), Credit Agreement (Global Partners Lp)

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple toto all property purported to be owned by it, or valid leasehold interests in, free and clear of all real property necessary or used in the ordinary conduct of its business, Liens except for such minor defects in title as that do not materially interfere with its ability to conduct its business or to utilize such assets for their intended purposes and Liens permitted by Section 7.01 and except where the failure to have such title could notnot reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 6 contracts

Samples: Credit Agreement (CRC Health CORP), Credit Agreement (CRC Health CORP), Credit Agreement (CRC Health CORP)

Ownership of Property; Liens. (a) Each Loan Party and each of its Restricted 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, free and clear of all Liens except for such minor defects in title as could not, individually that do not materially interfere with its ability to conduct its business or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party utilize such assets for their intended purposes and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 6 contracts

Samples: Credit Agreement (At Home Group Inc.), Credit Agreement (At Home Group Inc.), Credit Agreement (At Home Group Inc.)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has have good record and marketable title in fee simple to, or valid leasehold interests in, all its real and personal 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 , and the property of each Loan Party the MLP, the Borrower and its their respective Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 6 contracts

Samples: Credit Agreement (Markwest Energy Partners L P), Credit Agreement (Markwest Energy Partners L P), Credit Agreement (Quest Resource Corp)

Ownership of Property; Liens. (a) Each Loan Party and each of its Restricted Subsidiaries has good record and marketable indefeasible title in fee simple to (or legal and beneficial title to, as applicable in the relevant jurisdiction), or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for such minor defects in title as could not, individually that do not materially interfere with its ability to conduct its business or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party utilize such assets for their intended purposes and its Subsidiaries is subject to no Liens, other than Permitted LiensEncumbrances.

Appears in 5 contracts

Samples: First Lien Credit Agreement (Evoqua Water Technologies Corp.), First Lien Credit Agreement (Evoqua Water Technologies Corp.), First Lien Credit Agreement (Evoqua Water Technologies Corp.)

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

Appears in 5 contracts

Samples: Credit Agreement (Suburban Propane Partners Lp), Security Agreement (Suburban Propane Partners Lp), Existing Credit Agreement (Suburban Propane Partners Lp)

Ownership of Property; Liens. Each Loan Party and 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 5 contracts

Samples: Credit Agreement (Cbeyond, Inc.), Credit Agreement (VOC Brazos Energy Partners, LP), Credit Agreement (Cbeyond Communications Inc)

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or a valid leasehold interests interest 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 5 contracts

Samples: Credit Agreement (Vonage Holdings Corp), Credit Agreement (Vonage Holdings Corp), Credit Agreement (Vonage Holdings Corp)

Ownership of Property; Liens. Each Loan Party and each of its 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 9.1 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 5 contracts

Samples: Credit Agreement (JOANN Inc.), Intercreditor Agreement (JOANN Inc.), Credit Agreement (JOANN Inc.)

Ownership of Property; Liens. Each Loan Party and its Restricted 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, and good title to all personal property necessary or used in the ordinary conduct of its business, except in each case for such defects in title or interests as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Restricted Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 4 contracts

Samples: Credit Agreement (Enpro Industries, Inc), Credit Agreement (Enpro Industries, Inc), Credit Agreement (Enpro Industries, Inc)

Ownership of Property; Liens. Each Loan Party and 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 4 contracts

Samples: Second Lien Loan Agreement (TRM Corp), Credit Agreement (TRM Corp), Possession Credit Agreement

Ownership of Property; Liens. Each Loan Party and each of its 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 4 contracts

Samples: Credit Agreement (Pra Group Inc), Credit Agreement (Pra Group Inc), Credit Agreement (Pra Group Inc)

Ownership of Property; Liens. Each Loan Party and each 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 each Loan Party the Borrower and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01 or created pursuant to any Loan Document.

Appears in 4 contracts

Samples: Credit Agreement (McClatchy Co), Credit Agreement (McClatchy Co), Restatement Agreement (McClatchy Co)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries 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 or adversarial claims with respect to defects in leasehold interests, as the case may be, as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Restricted Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 4 contracts

Samples: Credit Agreement (Global Partners Lp), Credit Agreement (Global Partners Lp), Credit Agreement (Global Partners Lp)

Ownership of Property; Liens. Each Loan Party and each 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 (i) Permitted Liens or (ii) such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (ModivCare Inc), Credit and Guaranty Agreement (Providence Service Corp), Credit and Guaranty Agreement (Providence Service Corp)

Ownership of Property; Liens. Each Loan Credit Party and 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 Each Real Property is in material compliance with all instruments, agreements and other matters of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liensrecord.

Appears in 4 contracts

Samples: Credit Agreement (Wells Real Estate Investment Trust Inc), Credit Agreement (Wells Real Estate Investment Trust Ii Inc), Credit Agreement (Wells Real Estate Investment Trust Ii Inc)

Ownership of Property; Liens. Each Loan Party and each 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 Property material 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 4 contracts

Samples: Credit Agreement (W. P. Carey Inc.), Credit Agreement (W. P. Carey Inc.), Credit Agreement (W. P. Carey Inc.)

Ownership of Property; Liens. Each Loan Party and 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 each the Loan Party and its Subsidiaries Parties is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 4 contracts

Samples: Credit Agreement (Tile Shop Holdings, Inc.), Credit Agreement (Tile Shop Holdings, Inc.), Credit Agreement (Tile Shop Holdings, Inc.)

Ownership of Property; Liens. Each Loan Party and each of its Restricted Subsidiaries has good record and marketable title in fee simple (or local law equivalents thereto) 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 interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 4 contracts

Samples: Syndicated Facility Agreement, Syndicated Facility Agreement (DTZ Jersey Holdings LTD), Syndicated Facility Agreement (DTZ Jersey Holdings LTD)

Ownership of Property; Liens. Each Loan Party and 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 3 contracts

Samples: Credit Agreement (Biocryst Pharmaceuticals Inc), Credit Agreement (Biocryst Pharmaceuticals Inc), Credit Agreement (Cti Biopharma Corp)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Subsidiary thereof has good record and marketable title in fee simple to, or valid leasehold interests in, all personal property and real property necessary or used in the ordinary conduct of its businessbusiness (including the assets reflected on its most recent balance sheet), 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 each Loan Party Parties and its their Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 3 contracts

Samples: Credit Agreement (Heritage-Crystal Clean, Inc.), Credit Agreement (Heritage-Crystal Clean, Inc.), Credit Agreement (Heritage-Crystal Clean, Inc.)

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable insurable 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 3 contracts

Samples: Credit Agreement (Empire State Realty Trust, Inc.), Credit Agreement (Empire State Realty OP, L.P.), Credit Agreement (Empire State Realty Trust, Inc.)

Ownership of Property; Liens. (a) Each Loan Party and each 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 As of each the Closing Date, no Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liensowns any Material Real Property.

Appears in 3 contracts

Samples: Credit Agreement (MSCI Inc.), Credit Agreement (MSCI Inc.), Credit Agreement (MSCI Inc.)

Ownership of Property; Liens. Each Loan Party and each of its respective Subsidiaries has good and valid 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 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 3 contracts

Samples: Credit Agreement (Superior Industries International Inc), Term Loan Credit Agreement (Torrid Holdings Inc.), Term Loan Credit Agreement (Torrid Holdings Inc.)

Ownership of Property; Liens. Each Loan Party and each 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 material to its business, except for such defects in title as could not, individually or in to the aggregate, extent any failure to do so would not reasonably be expected to have a Material Adverse Effect. The property of each Loan Party the Borrower and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 3 contracts

Samples: Credit Agreement (Tidewater Inc), Credit Agreement (Tidewater Inc), Credit Agreement (Tidewater Inc)

Ownership of Property; Liens. Each Loan Party and each 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 Property material 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 3 contracts

Samples: Credit Agreement (W P Carey & Co LLC), Credit Agreement (W P Carey & Co LLC), Term Loan Credit Agreement (W. P. Carey Inc.)

Ownership of Property; Liens. (a) Each Loan Party and each of its 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, free and clear of all Liens except for such minor defects in title as could not, individually that do not materially interfere with its ability to conduct its business or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party utilize such assets for their intended purposes and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 3 contracts

Samples: Credit Agreement (Michael Foods Inc/New), Credit Agreement (Michael Foods Inc/New), Credit Agreement (Minnesota Products Inc)

Ownership of Property; Liens. Each Loan Party and each 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 No property of each any Loan Party and or any of its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 3 contracts

Samples: Credit Agreement (Analog Devices Inc), Credit Agreement (Analog Devices Inc), Credit Agreement (Analog Devices Inc)

Ownership of Property; Liens. Each Loan Party and each of its respective Restricted Subsidiaries has good and valid 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 9.1 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 3 contracts

Samples: Credit Agreement (BJ's Wholesale Club Holdings, Inc.), Credit Agreement (BJ's Wholesale Club Holdings, Inc.), Credit Agreement (BJ's Wholesale Club Holdings, Inc.)

Ownership of Property; Liens. Each Loan Party and each of its Material 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 each Loan Party and its Material Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 3 contracts

Samples: Credit Agreement (GENTHERM Inc), Credit Agreement (GENTHERM Inc), Credit Agreement (Amerigon Inc)

Ownership of Property; Liens. Each Loan Party and each 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 each Loan Party and each of its Subsidiaries is subject to no Liens, other than Permitted Liensas permitted by Section 7.1.

Appears in 3 contracts

Samples: Credit Agreement (Teligent, Inc.), Credit Agreement (Inseego Corp.), Credit Agreement (Inseego Corp.)

Ownership of Property; Liens. Each Loan Party and each of its 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 9.1 and except where the failure to have such defects in title as or other interest could notnot reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (eHealth, Inc.), Credit Agreement (eHealth, Inc.)

Ownership of Property; Liens. Each of the Loan Party and its Subsidiaries Parties 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 each of the Loan Party and its Subsidiaries Parties is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Libbey Inc), Credit Agreement (Libbey Inc)

Ownership of Property; Liens. Each Loan Party and its each of their Restricted 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (El Paso Pipeline Partners, L.P.), Credit Agreement (El Paso Pipeline Partners, L.P.)

Ownership of Property; Liens. Each Loan Party and 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 each the Loan Party Parties and its their Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Prometheus Laboratories Inc), Credit Agreement (Prometheus Laboratories Inc)

Ownership of Property; Liens. Each Loan Party and 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property None of each the Property of any Loan Party and its Subsidiaries is subject to no Liens, any Liens other than Permitted Liens.

Appears in 2 contracts

Samples: Bridge Facility Agreement (Acg Holdings Inc), Credit Agreement (American Color Graphics Inc)

Ownership of Property; Liens. (a) Each Loan Party and each 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (CardConnect Corp.), Credit Agreement (CardConnect Corp.)

Ownership of Property; Liens. Each Loan Party and each of its Restricted Subsidiaries has good record and marketable indefeasible title in fee simple to (or legal and beneficial title to, as applicable in the relevant jurisdiction), or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for such minor defects in title as could not, individually that do not materially interfere with its ability to conduct its business or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party utilize such assets for their intended purposes and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 2 contracts

Samples: Assignment and Assumption (At Home Group Inc.), Assignment and Assumption (At Home Group Inc.)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries 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 adversarial claims with respect to defects in leasehold interests, as the case may be, as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Global Partners Lp), Credit Agreement (Global Partners Lp)

Ownership of Property; Liens. Each Loan Party and 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 or interest as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Assignment and Assumption (Aflac Inc), Assignment and Assumption (Aflac Inc)

Ownership of Property; Liens. Each Loan Party and 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, and good title to all personal property necessary or used in the ordinary conduct of its business, except in each case for such defects in title or interests as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Enpro Industries, Inc), Credit Agreement (Enpro Industries, Inc)

Ownership of Property; Liens. (a) Each Loan Party and each 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 each Loan Party the Borrower and its Subsidiaries is not subject to no Liens, any Liens other than Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Adeptus Health Inc.), Credit Agreement (Adeptus Health Inc.)

Ownership of Property; Liens. Each Loan Party and 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens. All properties of each Loan Party are in good working order and condition.

Appears in 2 contracts

Samples: Credit Agreement (Twin Cities Power Holdings, LLC), Term Loan Agreement (Aspirity Holdings LLC)

Ownership of Property; Liens. Each of the Loan Party Parties and its Subsidiaries 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 each the Loan Party and its Subsidiaries Parties is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 2 contracts

Samples: Credit Agreement (Heritage-Crystal Clean, Inc.), Credit Agreement (Heritage-Crystal Clean, Inc.)

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

Appears in 2 contracts

Samples: Credit Agreement (Quest Resource Corp), Credit Agreement (Quest Resource Corp)

Ownership of Property; Liens. Each Loan Party and 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 Except as could not, individually or in the aggregate, not reasonably be expected to have a Material Adverse Effect. The property of , each Loan Party has title in fee simple to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its Subsidiaries other property, and none of such property, except for minor defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties and assets for their intended purposes is subject to no Liens, other than Permitted Liensany Lien except as permitted by Section 7.3.

Appears in 2 contracts

Samples: Credit and Guarantee Agreement (Lear Corp), Credit and Guarantee Agreement (Lear Corp)

AutoNDA by SimpleDocs

Ownership of Property; Liens. (a) Each Loan Party and each 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 to the extent that 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Assignment and Assumption (Sheridan Group Inc), Assignment and Assumption (Sheridan Group Inc)

Ownership of Property; Liens. (a) Each Loan Party and its Subsidiaries 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Georgia Pacific Corp), Credit Agreement (Georgia Pacific Corp)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries 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 Loan Parties and each Loan Party and its Subsidiaries Subsidiary is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 2 contracts

Samples: Credit Agreement (Gilead Sciences Inc), Term Loan Agreement (Gilead Sciences Inc)

Ownership of Property; Liens. Each Loan Party and each 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 each Loan Party and each of its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 2 contracts

Samples: Security Agreement (Suburban Propane Partners Lp), Security Agreement (Suburban Propane Partners Lp)

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

Appears in 2 contracts

Samples: Credit Agreement (Sunoco Logistics Partners Lp), Credit Agreement (Sunoco Logistics Partners Lp)

Ownership of Property; Liens. Each Loan Party and 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.. 6.09

Appears in 2 contracts

Samples: Credit Agreement (Louisiana-Pacific Corp), Credit Agreement (Louisiana-Pacific Corp)

Ownership of Property; Liens. (a) Each Loan Party and 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Establishment Labs Holdings Inc.), Credit Agreement (Establishment Labs Holdings Inc.)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries Company 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 2 contracts

Samples: Pledge Agreement (Sunstone Hotel Investors, Inc.), Pledge Agreement (Sunstone Hotel Investors, Inc.)

Ownership of Property; Liens. Each Loan Party and each 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 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (BioArray Solutions LTD)

Ownership of Property; Liens. Each Loan Party and 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 material 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (optionsXpress Holdings, Inc.)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all its real and personal 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 , and (b) the property of each the Borrower and Loan Party and its Subsidiaries Parties is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Quest Resource Corp)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, to all real property necessary or used in the ordinary conduct of its businessUnderlying Assets owned by such Loan Party, 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 each the Loan Party and its Subsidiaries Parties is subject to no Liens, other than Permitted Liens. The Loan Parties own no Real Property other than the Underlying Assets. The Loan Parties own no material personal property.

Appears in 1 contract

Samples: Credit Agreement (American Financial Realty Trust)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or a valid leasehold interests interest in, all its material real property necessary property, and good title to, or used in the ordinary conduct of a valid leasehold interest in, all its businessother material Property, 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 , and none of each Loan Party and its Subsidiaries such Property is subject to no Liens, other than Permitted Liensany Lien except Liens permitted by Section 7.01.

Appears in 1 contract

Samples: Term Loan Agreement (Parker Drilling Co /De/)

Ownership of Property; Liens. Each Loan Party and its each of their respective Material Subsidiaries has good record and marketable valid title in fee simple toin, 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 each Loan Party the Borrower and its Material Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Buenaventura Mining Co Inc)

Ownership of Property; Liens. Each Loan Party and each 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 each Loan Party and each of its Subsidiaries is subject to no Liens, other than Permitted Liensas permitted by Section 7.1. No Loan Party or any of their respective Subsidiaries owns any Material Real Estate.

Appears in 1 contract

Samples: Credit Agreement (NantHealth, Inc.)

Ownership of Property; Liens. Each Loan Party and 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, 109 reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Shiloh Industries Inc)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or a valid leasehold interests interest in, all its real property, and good title to, or a valid leasehold interest in, all its other property, and none of such property necessary or used in to the ordinary conduct of its business, except for such defects in title as could not, individually or in extent the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries same constitutes Collateral is subject to no Liens, any Lien except Liens in favor of the Lender under the Security Documents and other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Amerco /Nv/)

Ownership of Property; Liens. (a) Each of Loan Party and each 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Integramed America Inc)

Ownership of Property; Liens. 5.08(a) Each Loan Party and each of its Restricted 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Syndicated Facility Agreement (Aecom)

Ownership of Property; Liens. a. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, 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 each Each Loan Party and each of its Subsidiaries is subject has good and marketable title to, valid leasehold interests in, or valid licenses to no Liens, other than Permitted Liensuse all personal property and assets material to the ordinary conduct of its business.

Appears in 1 contract

Samples: Credit and Security Agreement (Mfri Inc)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable defensible title in fee simple to, or valid leasehold interests in, all its material real and personal 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 , and the property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: New Lender Agreement (Markwest Energy Partners L P)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Subsidiary thereof 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 1 contract

Samples: Credit Agreement (Nic Inc)

Ownership of Property; Liens. Each Loan Party and 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 such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.Adverse

Appears in 1 contract

Samples: Credit Agreement (RealD Inc.)

Ownership of Property; Liens. Each Such Loan Party and its Subsidiaries has 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 Permitted Liens 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 each such Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Dollar Thrifty Automotive Group Inc)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable valid title in fee simple toin, 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 each the Loan Party Parties and its their respective Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 1 contract

Samples: Credit & Guaranty Agreement (Auna S.A.)

Ownership of Property; Liens. Each Loan Party and each of its 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 9.1 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.189

Appears in 1 contract

Samples: Credit Agreement (Signet Jewelers LTD)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries 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 each the Loan Party Parties and its their Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 1 contract

Samples: Credit Agreement (PMC Sierra Inc)

Ownership of Property; Liens. iii) Each Loan Party and each of its Restricted 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Sandridge Energy Inc)

Ownership of Property; Liens. Each Loan Party and each of its Material 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 each Loan Party and its Material Subsidiaries is subject to no Liens, other than Permitted Liens.Liens permitted by Section 7.01. 77

Appears in 1 contract

Samples: Credit Agreement (GENTHERM Inc)

Ownership of Property; Liens. Each of Loan Party and 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.. 128

Appears in 1 contract

Samples: Credit Agreement (Montrose Environmental Group, Inc.)

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or a valid leasehold interests interest in, all its material real property necessary property, and good title to, or used a valid leasehold interest in, all its other material property, in the ordinary conduct of its business, each case except for such minor defects in title as could notthat do not materially interfere with its ability to conduct its business or utilize such assets for their intended purposes, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The and none of such property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liensany Lien except as permitted by Section 7.3.

Appears in 1 contract

Samples: Credit Agreement (Affiliated Managers Group Inc)

Ownership of Property; Liens. Each Loan Party and its 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Active Network Inc)

Ownership of Property; Liens. Each Loan Party and each 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 each Loan Party and each of its Subsidiaries is subject to no Liens, other than Permitted Liensas permitted by Section 7.01.

Appears in 1 contract

Samples: Credit Agreement (Inseego Corp.)

Ownership of Property; Liens. Each Such Loan Party and 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 each such Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 1 contract

Samples: Credit Agreement (Anika Therapeutics Inc)

Ownership of Property; Liens. Each Loan Party and 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, 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 each Loan Party the Parent and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 1 contract

Samples: Credit Agreement (Medcath Corp)

Ownership of Property; Liens. Each Loan Party and each of its respective Restricted Subsidiaries has good and valid record and marketable title in fee simple to, or good and 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 Permitted Liens and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Abl Credit Agreement (United States Steel Corp)

Ownership of Property; Liens. (a) Each Loan Party and 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 each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (LEE ENTERPRISES, Inc)

Ownership of Property; Liens. Each Loan Party and each 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, ‑55‑ reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Appears in 1 contract

Samples: Term Loan Agreement (American Assets Trust, L.P.)

Ownership of Property; Liens. (a) Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, 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 of each Each Loan Party and each of its Subsidiaries is subject has good and marketable title to, valid leasehold interests in, or valid licenses to no Liens, other than Permitted Liensuse all personal property and assets material to the ordinary conduct of its business.

Appears in 1 contract

Samples: Loan and Security Agreement (Kalera Public LTD Co)

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