Rights in Properties; Liens. (a) Each Loan Party and its Subsidiaries has good and indefeasible title to or valid leasehold interests in its respective Properties, including the Properties reflected in the financial statements described in Section 5.2, and none of the Properties of any Loan Party or any of its Subsidiaries is subject to any Lien, except Permitted Liens.
Appears in 4 contracts
Samples: Credit Agreement (FlexEnergy Green Solutions, Inc.), Credit Agreement (FlexEnergy Green Solutions, Inc.), Credit Agreement (Natural Gas Services Group Inc)
Rights in Properties; Liens. (a) Each Loan Party and its Restricted Subsidiaries has good and indefeasible title to or valid leasehold interests in its respective material Properties, including the Properties reflected in the financial statements described in Section 5.26.2, other than the Oil and Gas Properties owned by Borrower and its Restricted Subsidiaries and the other Loan Parties that are covered by clause (b) below, and none of the such Properties of any Loan Party or any of its Restricted Subsidiaries is subject to any Lien, except Permitted Liens.
Appears in 2 contracts
Samples: Credit Agreement (Granite Ridge Resources, Inc.), Credit Agreement (Granite Ridge Resources, Inc.)
Rights in Properties; Liens. (a) Each Loan Party and its Subsidiaries has good and indefeasible title to or valid leasehold interests in its respective Properties, including the Properties reflected in the financial statements described in Section 5.2, and none of the Properties of any Loan Party or any of its Subsidiaries is subject to any Lien, except Permitted Liens.
Appears in 2 contracts
Samples: Credit Agreement (Pfsweb Inc), Credit Agreement (Cryo Cell International Inc)
Rights in Properties; Liens. (a) Each Loan Party and its Subsidiaries has good and indefeasible title to or valid leasehold interests in its respective material Properties, including the Properties reflected in the financial statements described in Section 5.2, and none of the material Properties of any Loan Party Borrower or any of its Subsidiaries that is a Guarantor is subject to any Lien, except Permitted Liens.
Appears in 2 contracts
Samples: Credit Agreement and Guaranty (Maxwell W Keith III), Credit Agreement and Guaranty (Via Renewables, Inc.)
Rights in Properties; Liens. (a) Each Loan Party of Borrower and its Subsidiaries and the other Obligated Parties has good and indefeasible title to or valid leasehold interests in its respective Properties, including the Properties reflected in the financial statements described in Section 5.26.2 but excluding the Oil and Gas Properties owned by Borrower and its Subsidiaries and the other Obligated Parties, and none of the such Properties of any Loan Party or any of its Subsidiaries is subject to any Lien, except Permitted Liens.
Appears in 1 contract
Rights in Properties; Liens. (a) Each Loan Party and its Subsidiaries has good and indefeasible title to or valid leasehold interests in all Property material to its respective Propertiesbusiness, including the Properties reflected in the financial statements described in Section 5.2, and none of the Properties of any Loan Party or any of its Subsidiaries is subject to any Lien, except Permitted Liens.
Appears in 1 contract
Rights in Properties; Liens. (a) Each Loan Related Party and its Subsidiaries has good and indefeasible title to or valid leasehold interests in its respective PropertiesProperty, including the Properties Property reflected in the financial statements described in Section 5.2, Initial Financial Statements and none of the Properties Property of any Loan Related Party or any of its Subsidiaries is subject to any Lien, except Permitted Liensas permitted by Section 8.2.
Appears in 1 contract
Samples: Loan Agreement (Sielox Inc)
