Common use of Ownership of Property; Liens Clause in Contracts

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient title to enjoy the benefits of, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.3.

Appears in 8 contracts

Samples: Credit Agreement (CONMED Corp), Credit Agreement (CONMED Corp), Credit Agreement (Conmed Corp)

AutoNDA by SimpleDocs

Ownership of Property; Liens. Each of the Parent The Borrower and each of its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other 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, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 7 contracts

Samples: Credit Agreement (White Mountains Insurance Group LTD), Credit Agreement (Symetra Financial CORP), Assignment and Assumption (Symetra Financial CORP)

Ownership of Property; Liens. Each of the Parent Parent, the Borrower and its Restricted Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other PropertyProperty except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, and none of such Property is subject to any Lien except as permitted by Section 7.3.

Appears in 6 contracts

Samples: Credit Agreement (Cinemark Usa Inc /Tx), Credit Agreement (Cinemark Holdings, Inc.), Credit Agreement (Cinemark Usa Inc /Tx)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.3.

Appears in 6 contracts

Samples: Credit Agreement (Inamed Corp), Credit Agreement (Claires Stores Inc), Credit Agreement (Dames & Moore Group)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.3.

Appears in 4 contracts

Samples: Guarantee and Collateral Agreement (Powerhouse Technologies Inc /De), Credit Agreement (Physician Computer Network Inc /Nj), Credit Agreement (Panavision Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries (other than Foreign Subsidiaries, as to which no representation is made) has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.3.

Appears in 4 contracts

Samples: Credit Agreement (Tenneco Inc), Credit Agreement (Tenneco Inc), Guarantee and Collateral Agreement (Tenneco Automotive Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.36.3.

Appears in 4 contracts

Samples: Credit Agreement (Nevada Power Co), Collateral Agreement (Sirius Satellite Radio Inc), Credit Agreement (Infinity Property & Casualty Corp)

Ownership of Property; Liens. Each of the Parent Borrower and its the Restricted Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its material real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertymaterial property and assets used in its business as currently conducted, and none of such Property property is subject to any Lien except as permitted by Section 7.38.03.

Appears in 4 contracts

Samples: Credit Agreement (Roundy's, Inc.), Term Loan Credit Agreement (Roundy's, Inc.), Credit Agreement (Roundy's, Inc.)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient title to enjoy the benefits of, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.3.

Appears in 4 contracts

Samples: Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp), Credit Agreement (Conmed Corp)

Ownership of Property; Liens. Each of the Parent Borrower and its Restricted Subsidiaries has good title in fee simple to, or a valid leasehold interest in, all its material real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, material property except where the failure to have such title would not be reasonably expected to have a Material Adverse Effect and none of such Property no Collateral is subject to any Lien except as permitted by Section 7.3Permitted Liens.

Appears in 4 contracts

Samples: Credit Agreement (US Foods Holding Corp.), Abl Credit Agreement (US Foods Holding Corp.), Credit Agreement (Us Foods, Inc.)

Ownership of Property; Liens. Each of the Parent Borrower Parent, the Borrowers and its their Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.3. The Parent, the Borrowers and their Subsidiaries have title in fee simple to no real property other than the Mortgaged Property.

Appears in 3 contracts

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

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, except to the extent failure to have such title could not reasonably be expected to have a Material Adverse Effect, and none of such Property property is subject to any Lien except as permitted by Section 7.36.2.

Appears in 3 contracts

Samples: Credit Agreement (Keyspan Corp), Credit Agreement (Keyspan Corp), Credit Agreement (Keyspan Corp)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid material leasehold interest in, all its material real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other material Property, and none of such material Property is subject to any Lien except as permitted by Section 7.3.

Appears in 3 contracts

Samples: Credit Agreement (Mylan Laboratories Inc), Credit Agreement (Perkinelmer Inc), Perkinelmer Inc

Ownership of Property; Liens. Each of the Parent The Borrower and its Subsidiaries has title in have fee simple title to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.37.02 and such defects in title as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Loan Agreement (Gas Natural Inc.), Loan Agreement (Gas Natural Inc.), Loan Agreement (Gas Natural Inc.)

Ownership of Property; Liens. Each of the Parent 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 sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.3.

Appears in 3 contracts

Samples: Credit Agreement (Landstar System Inc), Credit Agreement (Landstar System Inc), Credit Agreement (Landstar System Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertymaterial property, and none of such Property property is subject to any Lien except as permitted by Section 7.3.

Appears in 2 contracts

Samples: Credit Agreement (Selfix Inc /De/), Credit Agreement (Home Products International Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries (other than Foreign Subsidiaries, as to which no representation is made) has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty material to its business, and none of such Property property is subject to any Lien except as permitted by Section 7.3.

Appears in 2 contracts

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

Ownership of Property; Liens. Each of the Parent Parent, Holdings, the Borrower and its Restricted Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other PropertyProperty except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, and none of such Property is subject to any Lien except as permitted by Section 7.3.

Appears in 2 contracts

Samples: Credit Agreement (Cinemark Usa Inc /Tx), Credit Agreement (Cinemark Usa Inc /Tx)

Ownership of Property; Liens. Each of the Parent Borrower and its Restricted Subsidiaries has good title in fee simple to, or a valid leasehold interest in, all its material real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertymaterial property, except where the failure to have such title would not reasonably be expected to have a Material Adverse Effect, and none of such Property property is subject to any Lien Lien, except as permitted by Section 7.3for Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Us LBM Holdings, Inc.), Revolving Credit Agreement (Servicemaster Co)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, or an easement, license or permit to occupy, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, or an easement, license or permit to occupy, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.36.3.

Appears in 2 contracts

Samples: Credit Agreement (Sba Communications Corp), Credit Agreement (Sba Communications Corp)

Ownership of Property; Liens. Each of the Parent Borrower and its Applicable Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.36.3.

Appears in 2 contracts

Samples: Credit Agreement (Bear Island Finance Co Ii), Timberlands Pledge Agreement (Bear Island Finance Co Ii)

Ownership of Property; Liens. Each of the Parent The Borrower and each of its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.36.3.

Appears in 2 contracts

Samples: Credit Agreement (Iconix Brand Group, Inc.), Credit Agreement (Iconix Brand Group, Inc.)

Ownership of Property; Liens. Each of the Parent The Borrower and each of its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.36.03, except to the extent such defects in title could not, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Symetra Financial CORP), Credit Agreement (Symetra Financial CORP)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.36.3.

Appears in 2 contracts

Samples: Credit Agreement (TNP Enterprises Inc), Credit Agreement (Commodore Media Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertymaterial property used in its business as currently conducted, and none of such Property property is subject to any Lien except as permitted by Section 7.38.2(q).

Appears in 1 contract

Samples: Credit Agreement (Roundy's Parent Company, Inc.)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.36.3.

Appears in 1 contract

Samples: Credit Agreement (Cpi Aerostructures Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Restricted Subsidiaries has good title in fee simple to, or a valid leasehold interest in, all its material real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertymaterial property, and none of except where the failure to have such Property is subject title would not reasonably be expected to any Lien except as permitted by Section 7.3have a Material Adverse Effect.

Appears in 1 contract

Samples: Revolving Credit Agreement (Great North Imports, LLC)

Ownership of Property; Liens. Each of the Parent Borrower and its Restricted Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its material real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other material Property, and none of such Property is subject to any Lien except as permitted by Section 7.3.

Appears in 1 contract

Samples: Credit Agreement (Rotech Healthcare Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its material real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertymaterial property, and none of such Property property is subject to any Lien except as permitted by Section 7.36.5.

Appears in 1 contract

Samples: Credit Agreement (Renters Choice Inc)

AutoNDA by SimpleDocs

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient Back to Table of Contents title to enjoy the benefits of, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.3.

Appears in 1 contract

Samples: Credit Agreement (Conmed Corp)

Ownership of Property; Liens. Each of the Parent Borrower and its Restricted Subsidiaries has title in fee simple to, or a valid leasehold interest in, or an easement, license or permit to occupy, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, or an easement, license or permit to occupy, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.36.3.

Appears in 1 contract

Samples: Credit Agreement (Sba Communications Corp)

Ownership of Property; Liens. Each of the Parent Borrower and its Domestic Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property the property or leasehold interests in respect of the Borrower is subject to any Lien except as permitted by Section 7.3.

Appears in 1 contract

Samples: Credit Agreement (General Bearing Corp)

Ownership of Property; Liens. Each of the Parent Parent, the Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.36.3.

Appears in 1 contract

Samples: Credit Agreement (Gabriel Communications Inc /De/)

Ownership of Property; Liens. Each of Parent, the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property or leasehold interest is subject to any Lien except as permitted by Section 7.3.

Appears in 1 contract

Samples: Credit Agreement (Buslease Inc /New/)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.36.03.

Appears in 1 contract

Samples: Credit Agreement (USMD Holdings, Inc.)

Ownership of Property; Liens. Each of the Parent Borrower and each of its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.3.

Appears in 1 contract

Samples: Credit Agreement (International Home Foods Inc)

Ownership of Property; Liens. Each of the Parent The Borrower and each of its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.3.

Appears in 1 contract

Samples: Credit Agreement (Iconix Brand Group, Inc.)

Ownership of Property; Liens. Each of the Parent Parent, each Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other 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, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (White Mountains Insurance Group LTD)

Ownership of Property; Liens. Each of the Parent Borrower Borrowers and its their Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.3.

Appears in 1 contract

Samples: Credit Agreement (Harvard Industries Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.35.02(b).

Appears in 1 contract

Samples: Bridge Credit Agreement (Time Warner Telecom Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property Property, including its real property, is subject to any Lien except as permitted by Section 7.3.

Appears in 1 contract

Samples: Credit Agreement (Serologicals Corp)

Ownership of Property; Liens. Each of the Parent Borrower and each of its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.36.3.

Appears in 1 contract

Samples: Iv Term Loan Agreement (Global Geophysical Services Inc)

Ownership of Property; Liens. Each of Parent, the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Property, and none of such Property is subject to any Lien except as permitted by Section 7.36.7.

Appears in 1 contract

Samples: Term Loan Agreement (Primus Telecommunications Group Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Restricted Subsidiaries has good title in fee simple to, or a valid leasehold interest in, all its material real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertymaterial property, except those for which the failure to have such good title or have such leasehold interest in would not be reasonably expected to have a Material Adverse Effect, and none of such Property real or other property is subject to any Lien Lien, except as permitted by Section 7.3for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Envision Healthcare Corp)

Ownership of Property; Liens. Each of the Parent Parent, the Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other 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, in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (White Mountains Insurance Group LTD)

Ownership of Property; Liens. Each of the Parent Borrower and its Subsidiaries has title in fee simple to, or a valid leasehold interest in, all its real property, and sufficient good title to enjoy the benefits ofto, or a valid leasehold interest in, all its other Propertyproperty, and none of such Property property is subject to any Lien except as permitted by Section 7.38.3.

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

Ownership of Property; Liens. Each of the Parent Borrower and its Restricted Subsidiaries has good title in fee simple to, or a valid leasehold interest in, in all its real property, and sufficient title to enjoy the benefits of, or a valid leasehold interest in, all its other Property, and none material property that consists of such Property is subject to any Lien except as permitted by Section 7.3Facility Assets.

Appears in 1 contract

Samples: Credit Agreement (Hertz Global Holdings Inc)

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