Common use of Properties; Insurance Clause in Contracts

Properties; Insurance. Except as disclosed in Schedule 5.10 and except for Permitted Liens, Buyer or a Subsidiary of Buyer has good and marketable title to its material assets and the material assets of its Subsidiaries, free and clear of all liens and encumbrances, except where such failure to hold such title would not, individually or in the aggregate, have a Material Adverse Effect on Buyer.