Common use of Properties; Liens Clause in Contracts

Properties; Liens. (a) Each of the Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes, and none of such property is subject to any Lien, except as permitted by Section 6.03.

Appears in 5 contracts

Samples: Day Credit Agreement (Claiborne Liz Inc), Day Credit Agreement (Claiborne Liz Inc), Day Credit Agreement (Claiborne Liz Inc)

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Properties; Liens. (a) Each of the Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes, and none of such property is subject to any Lien, except as permitted by Section 6.03.

Appears in 4 contracts

Samples: Assignment and Assumption (Cheesecake Factory Inc), Assignment and Assumption (Cheesecake Factory Inc), Assignment and Assumption (Cheesecake Factory Inc)

Properties; Liens. (a) Each of the Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes, and none of such property is subject to any Lien, except as permitted by Section 6.037.03.

Appears in 2 contracts

Samples: Year Credit Agreement (Claiborne Liz Inc), Credit Agreement (Claiborne Liz Inc)

Properties; Liens. (a) Each of the The Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property Property material to its business, except for minor any such defects that, individually or in title that do the aggregate, would not interfere with its ability reasonably be expected to conduct its business as currently conducted or to utilize such properties for their intended purposesresult in a Material Adverse Effect, and none of such property Property is subject to any Lien, Lien except as permitted by Section 6.037.01.

Appears in 1 contract

Samples: Credit Agreement

Properties; Liens. (a) 10 Each of the Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes, and none of such property is subject to any Lien, except as permitted by Section 6.03.

Appears in 1 contract

Samples: Credit Agreement (Claiborne Liz Inc)

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Properties; Liens. (a) Each of the Borrower and its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its businessbusiness free and clear of all Liens, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes, purposes and none of such property is subject to any Lien, except as for Liens permitted by Section 6.036.02 and transfers of property pursuant to the Existing Securitization Facility.

Appears in 1 contract

Samples: Credit Agreement (Transmedia Network Inc /De/)

Properties; Liens. (a) Each of the The Borrower and each of its Subsidiaries has good title to, or valid leasehold or other interests inin all of its respective Property that is necessary for, all its real and personal property material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes, and none of such property Property is subject to any Lien, a Lien except as for Liens permitted by under Section 6.036.02.

Appears in 1 contract

Samples: Loan Agreement (Grana & Montero S.A.A.)

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