Common use of Ownership of Property; Liens Clause in Contracts

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited by Section 7.3.

Appears in 16 contracts

Samples: Credit Agreement (Cco Holdings Capital Corp), Restatement Agreement (Charter Communications, Inc. /Mo/), Credit Agreement (Cco Holdings LLC)

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Ownership of Property; Liens. Each of Holdings, the Borrower and each of its Subsidiaries has marketable title in fee simple to, or a valid leasehold interest in, all its real property, subject only to Liens and other matters permitted by Section 6.3, and good title to, or a valid leasehold or other property interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)Property, and none of such property Property is subject to any Lien except Liens not prohibited as permitted by Section 7.36.3.

Appears in 14 contracts

Samples: Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.), Credit Agreement (B&G Foods, Inc.)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable title to, or to and/or a valid leasehold interest in, all in its real property, and good title to, or a valid leasehold interest in, all properties sufficient for the conduct of its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)business, and none of such property is subject to any Lien except Liens not prohibited by as permitted in Section 7.37.01.

Appears in 12 contracts

Samples: Credit Agreement (Lowes Companies Inc), Credit Agreement (Lowes Companies Inc), Credit Agreement (Lowes Companies Inc)

Ownership of Property; Liens. Each The Borrower and each Subsidiary of Holdings, the Borrower and its Subsidiaries has marketable title to, or a valid leasehold interest in, all its real property, and owns good title to, or a valid leasehold interest in, all or other enforceable interest in, its Property to the extent owned or leased by it (except where the failure to have such title, a valid leasehold interest or other property (in each case except as could enforceable interest is not reasonably be expected likely to have a Material Adverse Effect)) free and clear of all Liens, and none of such property is subject to any Lien except Liens not prohibited by as permitted in Section 7.37.9.

Appears in 12 contracts

Samples: Assignment and Assumption (Northern Illinois Gas Co /Il/ /New/), Assignment and Assumption (Nicor Inc), Assignment and Assumption (Nicor Inc)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries (i) has marketable good record and insurable title in fee simple to, or a valid leasehold interest in, all its material real property, and (ii) has good title to, or a valid leasehold interest in, all its other material property and (in each case except as could not reasonably be expected to have a Material Adverse Effect), and iii) none of such property in clauses (i) and (ii) is or shall be subject to any Lien except Liens not prohibited as permitted by Section subsection 7.3.

Appears in 8 contracts

Samples: Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Corp), Credit Agreement (L 3 Communications Corp)

Ownership of Property; Liens. Each of Holdings, the Borrower Company and its Subsidiaries Subsidiaries, if any, has marketable good title to, to or a valid leasehold interest in, interests in all its real property, and good title to, to or a valid leasehold interest in, interests in all its other property (property, except, in each case except case, for such exceptions as could would not reasonably be expected to have a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited by Section 7.3.

Appears in 6 contracts

Samples: Credit Agreement (Lazard LTD), Credit Agreement (Lazard Group LLC), Credit Agreement (Lazard Group LLC)

Ownership of Property; Liens. Each of Holdings, the Such Borrower and its Significant Subsidiaries has marketable good title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its other property (in each case property, except as to the extent failure to have such title could not reasonably be expected to have a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.37.03.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Avangrid, Inc.), Revolving Credit Agreement (Avangrid, Inc.), Revolving Credit Agreement

Ownership of Property; Liens. Each of Holdings, the Borrower and its the Restricted Subsidiaries has valid, good and marketable title in fee simple to, or a valid leasehold interest interests in, or easements or other limited property interests in, all real property necessary in the ordinary conduct of its real propertybusiness, free and good clear of all Liens except for Liens permitted by Section 7.01 and except where the failure to have such title to, or a valid leasehold interest in, all its other property (in each case except as could interests described above would not reasonably be expected to have have, individually or in the aggregate, a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited by Section 7.3.

Appears in 5 contracts

Samples: Term Loan Credit Agreement (GFL Environmental Inc.), Credit Agreement (GFL Environmental Inc.), Credit Agreement (GFL Environmental Holdings Inc.)

Ownership of Property; Liens. Each of Holdings, the The Borrower and its Significant Subsidiaries has marketable good title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its other property (in each case property, except as to the extent failure to have such title could not reasonably be expected to have a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.37.03.

Appears in 5 contracts

Samples: Term Loan Agreement (PNM Resources Inc), Term Loan Agreement (Public Service Co of New Mexico), Term Loan Agreement (PNM Resources Inc)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable indefeasible title to, or a valid leasehold interest in, all its material real propertyproperty necessary for the conduct of its business as currently conducted, and good title to, or a valid leasehold interest in, all its other property (in each case except material Property necessary for the conduct of its business as could not reasonably be expected to have a Material Adverse Effect)currently conducted, and none of such property Property is subject to any Lien except Liens not prohibited as permitted by Section 7.3.

Appears in 5 contracts

Samples: Credit Agreement (Imperial Holly Corp), Credit Agreement (Imperial Holly Corp), Credit Agreement (Imperial Holly Corp)

Ownership of Property; Liens. Each of Holdings, the Borrower and its their respective Subsidiaries has marketable title in fee simple to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected Property material to have a Material Adverse Effect)the conduct of its Business, and none of such property Property is subject to any Lien except Liens not prohibited as permitted by Section 7.3.

Appears in 4 contracts

Samples: Credit Agreement (Alliance Laundry Systems LLC), Credit Agreement (Alliance Laundry Systems LLC), Credit Agreement (Alliance Laundry Corp)

Ownership of Property; Liens. Each of Holdings, the Borrower Holdings and its Subsidiaries and each other Obligor has marketable title in fee simple to, or a valid leasehold interest in, all its real propertyReal Property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)property, and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.38.3.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (InfuSystem Holdings, Inc), Credit and Guaranty Agreement (InfuSystem Holdings, Inc), Credit and Guaranty Agreement (I Flow Corp /De/)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Restricted Subsidiaries has marketable title toin, or a valid leasehold interest inin (or sub-leasehold interest in or other right to occupy), all its material real property, and good title to, property owned or a valid leasehold interest in, all its other property occupied by it (in each case except insofar as could not reasonably marketability may be expected to have a Material Adverse Effectlimited by any laws or regulations of any Governmental Authority affecting such assets), and none of such property Property is subject to any Lien except Liens as not prohibited by Section 7.3this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (Forrester Research, Inc.), Credit Agreement (Forrester Research, Inc.), Credit Agreement (Forrester Research, Inc.)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable good and sufficient legal title to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material property, and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.3.

Appears in 3 contracts

Samples: Credit Agreement (Charter Communications Holdings LLC), Credit Agreement (Charter Communications Inc /Mo/), Credit Agreement (Charter Communications Holdings Capital Corp)

Ownership of Property; Liens. Each of Holdings, the Borrower Borrowers and its their Subsidiaries has marketable 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 other property (in each case Property, and none of such Property is subject to any Lien except as permitted by Section 7.3, except to the extent such defects in title could not not, in the aggregate, reasonably be expected to have a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited by Section 7.3.

Appears in 3 contracts

Samples: Credit Agreement (White Mountains Insurance Group LTD), Credit Agreement (White Mountains Insurance Group LTD), Credit Agreement (White Mountains Insurance Group LTD)

Ownership of Property; Liens. Each of HoldingsParent, the Borrower and its Restricted Subsidiaries has marketable title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all real property and other Property material to the conduct of its other property (in each case business except as could where the failure to have such title or interests would not reasonably be expected to have a Material Adverse Effect), and none . None of such property the Pledged Capital Stock is subject to any Lien except Liens not prohibited by Section 7.3for Permitted Liens.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (GNC Holdings, Inc.), Credit Agreement (GNC Holdings, Inc.), Credit Agreement (GNC Acquisition Holdings Inc.)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable indefeasible title to, or a valid leasehold interest in, all of its material real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material Property, and none of such property Property is subject to any Lien except Liens not prohibited as permitted by Section subsection 7.3.

Appears in 3 contracts

Samples: Credit Agreement (Tesoro Petroleum Corp /New/), Credit Agreement (Victory Finance Inc), Tesoro Petroleum Corp /New/

Ownership of Property; Liens. Each of Holdings, the Borrower and its their respective Subsidiaries has marketable 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 other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)property, and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.37.3 and except for any immaterial defects in title.

Appears in 2 contracts

Samples: Credit Agreement (Crown Castle International Corp), Credit Agreement (Crown Castle International Corp)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Restricted Subsidiaries has marketable and insurable title to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material Property, and none of such property the Property is not subject to any Lien except Liens not prohibited as permitted by Section 7.3.

Appears in 2 contracts

Samples: Credit Agreement (Pinnacle Entertainment Inc), Credit Agreement (Pinnacle Entertainment Inc)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable title to, or a valid leasehold interest in, all its real property, and each Subsidiary of such Borrower owns good title to, or a valid leasehold interest in, all or other enforceable interest in, its Property to the extent owned or leased by it (except where the failure to have such title, a valid leasehold interest or other property (in each case except as could enforceable interest is not reasonably be expected likely to have a Material Adverse Effect)) free and clear of all Liens, and none of such property is subject to any Lien except Liens not prohibited by as permitted in Section 7.37.9.

Appears in 2 contracts

Samples: Credit Agreement (Nicor Inc), Credit Agreement (Northern Illinois Gas Co /Il/ /New/)

Ownership of Property; Liens. (a) Each of Holdings, the Borrower and each of its Subsidiaries has marketable 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 other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material property, and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.3.

Appears in 2 contracts

Samples: Credit Agreement (Concentra Operating Corp), Credit Agreement (Oci Holdings Inc)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable title in fee simple to, or a valid leasehold interest in, all its real property, subject only to Liens and other matters permitted by Section 6.3, and good title to, or a valid leasehold or other property interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)Property, and none of such property Property is subject to any Lien except Liens not prohibited as permitted by Section 7.36.3.

Appears in 2 contracts

Samples: Term Loan Agreement (B&g Foods Inc), Revolving Credit Agreement (B&g Foods Inc)

Ownership of Property; Liens. Each of Holdings, the Borrower Holdings and its Subsidiaries has marketable title in fee simple to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material property, and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.3.

Appears in 2 contracts

Samples: Credit Agreement (Hilfiger Tommy Corp), Credit Agreement (Rent a Center Inc De)

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Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable title in fee simple to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material property, and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.3.

Appears in 2 contracts

Samples: Credit Agreement (Charter Communications Holdings Capital Corp), Credit Agreement (Charter Communications Inc /Mo/)

Ownership of Property; Liens. Each of Holdings, the The Borrower and its Significant Subsidiaries has marketable good title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its other property (in each case property, except as to the extent failure to have such title could not reasonably be expected to have a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited by Section 7.3as permitted according to this Agreement.

Appears in 2 contracts

Samples: Intra Group Green Loan Agreement (Avangrid, Inc.), Intra Group Loan Agreement (Avangrid, Inc.)

Ownership of Property; Liens. Each of Holdings, the Borrower Holdings and its Subsidiaries has marketable good title in fee simple to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material property, and none of such property 110 is subject to any Lien Lien, except for Liens not prohibited permitted by Section 7.3subsection 8.3. Schedule 5.8 sets forth all material real properties owned in fee or leased by the Loan Parties as of the Closing Date.

Appears in 2 contracts

Samples: The Credit Agreement (RSC Holdings Inc.), Credit Agreement (RSC Holdings Inc.)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable title in fee simple to, or a valid leasehold interest in, all its real property, subject only to Liens and other matters permitted by Section 6.3, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)Property, and none of such property Property is subject to any Lien except Liens not prohibited as permitted by Section 7.36.3.

Appears in 2 contracts

Samples: B&g Foods Inc, B&g Foods Inc

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable title to, or a valid leasehold interest in, all its real property, and each Subsidiary of such Borrower owns good title to, or a valid leasehold interest in, all or other enforceable interest in, its Property to the extent owned or leased by it (except where the failure to have such title, a valid leasehold interest or other property (in each case except as could enforceable interest is not reasonably be expected likely to have a Material Adverse Effect)) free and clear of all Liens, and none of such property is subject to any Lien except Liens not prohibited by as permitted in Section 7.37.9."

Appears in 2 contracts

Samples: Credit Agreement (Nicor Inc), Credit Agreement (Northern Illinois Gas Co /Il/ /New/)

Ownership of Property; Liens. Each of Holdings, the Borrower and its their respective Subsidiaries has marketable 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 other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)Property, and none of such property Property is subject to any Lien except Liens not prohibited as permitted by Section 7.3.

Appears in 2 contracts

Samples: Credit Agreement (NBC Acquisition Corp), Credit Agreement (Nebraska Book Co)

Ownership of Property; Liens. Each of Holdings, the Borrower Holdings and its Subsidiaries each Material Subsidiary has marketable title in fee simple or freehold to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)property, and none of such property is subject to any Lien except as permitted by Section 7.3. None of the Pledged Equity Interests is subject to any Lien except for Liens not prohibited permitted by Section 7.3.

Appears in 1 contract

Samples: Bridge Loan Credit Agreement (CKX, Inc.)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries ---------------------------- has good record and marketable 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 other property (property, except to the extent that the failure to have such title or leasehold interest could not, in each case except as could not the aggregate, reasonably be expected to have a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.3subsection 7.2.

Appears in 1 contract

Samples: Credit Agreement (Conectiv Inc)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries is the sole owner of, legally and beneficially, and has good marketable and insurable title in fee simple to, or a valid leasehold interest in, all its material real propertyproperty the loss of which could not reasonably be expected to have a Material Adverse Effect, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material Property, and none of such property Property is subject to any Lien except Liens not prohibited by Section 7.3for Permitted Liens. None of the Pledged Capital Stock is subject to any Lien except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (General Nutrition Companies Inc)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable title to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material property, and none of such property is subject to any Lien except Liens not prohibited by Section 7.3.

Appears in 1 contract

Samples: Credit Agreement (CCH Ii Capital Corp)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable good and sufficient legal title to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material property, and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.36.2.

Appears in 1 contract

Samples: Credit Agreement (Cc v Holdings LLC)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Subsidiaries has marketable title to, or a valid leasehold interest in, all its material real property, and good title to, or a valid leasehold interest in, all its other property (in each case except as could not reasonably be expected to have a Material Adverse Effect)material property, and none of such property is subject to any Lien except Liens not prohibited by Section 7.36.13.

Appears in 1 contract

Samples: Senior Bridge Loan Agreement (Charter Communications Inc /Mo/)

Ownership of Property; Liens. Each of Holdings, the Borrower and its Significant Subsidiaries has marketable good title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its other property (in each case property, except as to the extent failure to have such title could not reasonably be expected to have a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.37.03.

Appears in 1 contract

Samples: Credit Agreement (Iberdrola USA, Inc.)

Ownership of Property; Liens. Each of Holdings, the Borrower Borrowers and its their respective Subsidiaries has marketable good, sufficient and legal title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its other property (property, in each case except as could where failure to have such title or such leasehold interest, singly or in the aggregate, would not reasonably be expected to have a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.36.3.

Appears in 1 contract

Samples: Credit Agreement (Charter Communications Inc /Mo/)

Ownership of Property; Liens. Each of Holdings, the The Borrower and its Significant Subsidiaries has marketable good title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its other property (in each case property, except as to the extent failure to have such title could not reasonably be expected to have a Material Adverse Effect), and none of such property is subject to any Lien except Liens not prohibited as permitted by Section 7.35.03.

Appears in 1 contract

Samples: Intra Group Credit Agreement (Avangrid, Inc.)

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