Common use of Rights in Properties; Liens Clause in Contracts

Rights in Properties; Liens. Borrower and Guarantor have good and indefeasible title or valid leasehold interests in their respective properties and assets, real and personal, reflected in the financial statements described in Section 6.2., and none of the properties, assets or leasehold interests of Borrower or Guarantor is subject to any Lien, except as permitted by Section 8.2.

Appears in 2 contracts

Samples: Loan Agreement (American Locker Group Inc), Loan Agreement (American Locker Group Inc)

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Rights in Properties; Liens. Borrower Borrower, Guarantor and Guarantor each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.2., and none of the properties, assets or leasehold interests of Borrower Borrower, Guarantor or Guarantor any Subsidiary is subject to any Lien, except as permitted by Section 8.2this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Arabian American Development Co), Loan Agreement (Arabian Shield Development Co)

Rights in Properties; Liens. Borrower Each Borrower, each Guarantor and Guarantor each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.2., and none of the properties, assets or leasehold interests of Borrower any Borrower, any Guarantor or Guarantor any Subsidiary is subject to any Lien, except as permitted by Section 8.2this Agreement.

Appears in 2 contracts

Samples: Loan Agreement (Oyo Geospace Corp), Loan Agreement (Oyo Geospace Corp)

Rights in Properties; Liens. Borrower Borrower, each Guarantor and Guarantor each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.2.8.2, and none of the properties, assets or leasehold interests of Borrower Borrower, any Guarantor or Guarantor any Subsidiary is subject to any Lien, except as permitted by Section 8.2for Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Orion Marine Group Inc)

Rights in Properties; Liens. Borrower and Guarantor have good and indefeasible title to or valid license or leasehold interests in their respective properties and assets, real and personal, personal reflected in the financial statements described in Section 6.2., and none of the properties, assets assets, or leasehold interests of Borrower or Guarantor is subject to any Lien, except as permitted by Section 8.2shown thereon.

Appears in 1 contract

Samples: Credit Loan Agreement (Ares Commercial Real Estate Corp)

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Rights in Properties; Liens. Borrower and Guarantor have good and indefeasible title or valid leasehold interests in their respective properties and assets, real and personal, reflected in the financial statements described in Section 6.25.2., and none of the properties, assets or leasehold interests of Borrower or Guarantor is subject to any Lien, except as permitted by Section 8.27.1.

Appears in 1 contract

Samples: Loan Agreement (American Locker Group Inc)

Rights in Properties; Liens. Borrower Borrower, each Guarantor and Guarantor each Subsidiary have good and indefeasible marketable title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.2.7.2, and none of the properties, assets or leasehold interests of Borrower Borrower, any Guarantor or Guarantor any Subsidiary is subject to any Lien, except as permitted by Section 8.2this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Spacehab Inc \Wa\)

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