Title; No Liens. Title to the Aircraft and all equipment subject to this Agreement is retained by Lessor at all times. Lessee may not pledge or encumber the Aircraft in any manner whatsoever, nor permit any liens, other than liens arising by operation of law or liens solely attributable to Lessor, to attach thereto, and Lessee shall promptly cause to be removed any such lien which may be placed on the Aircraft as a result of Lessee’s action or inaction hereunder. Except as set forth in the immediately subsequent paragraph (b), Lessor shall not permit any lien or encumbrance of any kind whatsoever to be created or exist upon the Aircraft if such lien or eucumbrance may or does interfere with Lessee’s quiet use and enjoyment of the Aircraft hereunder.
Title; No Liens. Contributor is the sole legal and beneficial owner of the Membership Interests. Except for Permitted Liens and Liens that will be released at Closing, there are no Liens upon all or any part of the Membership Interests or upon any of the Gathering and Compression Assets.
Title; No Liens. Upon assignment of a Mortgage Loan to Purchaser, Purchaser will have good title to such Mortgage Loan, free and clear of all Liens.
Title; No Liens. Except as set forth on Schedule 4.5, each of the Obligors has good and marketable title to all of its Property that it owns, subject to no mortgage, security interest, pledge, lien, encumbrance or other charge.
Title; No Liens. Set forth on Schedule 1.01 attached hereto --------------- ------------- is a true and complete list of all tangible personal property necessary to operate the Business. Seller has good and marketable title to all the Property and as of the Closing Date will own the Property to be transferred at such closing free and clear of all Liens, rights of first refusal, restrictions or other adverse legal or equitable interests of any kind or nature, except for use restrictions imposed by zoning regulations and easements conveyed to public utilities. All of the Real Property together with the Purchased Assets are in good operating condition and repair with respect to industry standards and are in compliance in all respects with all applicable laws, regulations, orders and ordinances. None of the Property is subject to any pending or, to the best of Seller's knowledge, threatened, adverse change, judicial or regulatory order, ordinance or zoning restriction.
Title; No Liens. Such Member has good and transferable title to its Existing Units, such Member is the sole owner of such Existing Units, and the Existing Units are owned by such Member free and clear of any liens or encumbrances of any kind whatsoever. Except for the Second Amended and Restated LLC Agreement and any Existing Unit Agreement, neither such Member nor the Existing Units is subject to any pledge agreements, restriction agreements or other document or instrument which affects the title to the Existing Units in any way or manner whatsoever.
Title; No Liens. Contributor has good and transferable title to its Exchanged Units, and Contributor is the sole owner of the Exchanged Units. Except for the Existing Unit Agreements, neither Contributor nor the Exchanged Units are subject to any pledge agreements, restriction agreements or other document or instrument which affects the title to the Exchanged Units in any way or manner whatsoever. Upon the consummation of the Exchange Transaction, the Exchanged Units are being conveyed to the Company free and clear of any liens or encumbrances of any kind whatsoever.
Title; No Liens. Except for (i) assignments among Sellers to be made prior to Closing, and (ii) encumbrances arising pursuant to that certain Letter of Agreement, dated June 1, 2009, between the Trust and Arkoma LLC, on the one hand, and Eco Resources, LP, on the other hand (the “Eco Resources Letter Agreement”), such Seller has not assigned or conveyed to any other person or otherwise encumbered any of its interest in the Assets. Except for the Permitted Encumbrances, the Assets will be conveyed to Buyer at Closing free and clear of all liens and encumbrances arising by, through or under such Seller but not otherwise (provided that failure to make a delay rental or similar payment to extend a Lease shall not constitute a breach of this Section 5.4, but shall constitute a Title Defect).
Title; No Liens. Such Seller is the sole legal and beneficial owner of such Receivables, and upon the sale of each Receivable of such Seller, the Company will become the sole legal and beneficial owner of such Receivable, free and clear of any Liens (except for Permitted Liens) and no effective financing statement or other instrument similar in effect covering all or any part of such Purchased Receivable, Related Property or Collections with respect thereto will at such time be on file against such Seller in any filing or recording office except such as have been filed in favor of the Company in accordance with this Agreement.
Title; No Liens. Except for the security interest granted to the Administrative Agent for the ratable benefit of Lenders pursuant to this Agreement, Borrower owns each of the Pledged Securities pledged by it free and clear of any and all Liens other than Permitted Encumbrances. Except for the security interest granted to the Administrative Agent for the ratable benefit of Lenders pursuant to this Agreement, Guarantors own each of the Pledged Securities pledged by them free and clear of any and all Liens other than Permitted Encumbrances.
