Common use of Title and Rights Clause in Contracts

Title and Rights. The Borrower and each of its Subsidiaries have good and marketable title to their respective properties, free and clear of any Lien except for Liens disclosed to and approved in writing by the Bank, those permitted by this agreement and the other Related Documents. The Borrower and each of its Subsidiaries owns, or is licensed to use, all trademarks, trade names, copyrights, technology, know-how and processes necessary for the conduct of its business as currently conducted.

Appears in 3 contracts

Samples: Credit Agreement (Wesbanco Inc), Credit Agreement (First Busey Corp /Nv/), Credit Agreement (Wesbanco Inc)

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Title and Rights. The Borrower and each of its Subsidiaries have good and marketable title to their respective its properties, free and clear of any Lien except for Liens disclosed to and approved in writing by the BankBank prior to March 31, 2005, those permitted by this agreement and the other Related Documents. The Borrower and each of its Subsidiaries ownspossess all permits, or is licensed licenses, patents, trademarks and copyrights required to use, all trademarks, trade names, copyrights, technology, know-how and processes necessary for the conduct of its business as currently conductedtheir respective business.

Appears in 1 contract

Samples: Credit Agreement (Main Street Trust Inc)

Title and Rights. The Borrower and each of its Material Subsidiaries have good and marketable title to their respective properties, free and clear of any Lien except for Liens disclosed to and approved in writing by the Bank, Bank and those permitted by this agreement and the other Related Documents. The Borrower and each of its Material Subsidiaries ownspossess all permits, or is licensed licenses, patents, trademarks and copyrights required to use, all trademarks, trade names, copyrights, technology, know-how and processes necessary for the conduct of its business as currently conductedtheir respective businesses.

Appears in 1 contract

Samples: Credit Agreement (United Western Bancorp Inc)

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Title and Rights. The Borrower and each of its Subsidiaries have good and marketable title to their respective its properties, free and clear of any Lien except for Liens disclosed to and approved in writing by the Bank, those permitted by this agreement and the other Related Documents. The Borrower and each of its Subsidiaries ownspossess all permits, or is licensed licenses, patents, trademarks and copyrights required to use, all trademarks, trade names, copyrights, technology, know-how and processes necessary for the conduct of its business as currently conductedtheir respective businesses.

Appears in 1 contract

Samples: Credit Agreement (Plains Capital Corp)

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