Title to Assets; No Liens. Borrower has good, indefeasible and merchantable title to the Property owned or leased by it, and all such Property is free and clear of all Liens, except Permitted Liens and Liens permitted by Section 8.01(b).
Appears in 8 contracts
Samples: Term Loan Agreement (Manufactured Home Communities Inc), Loan Agreement (Equity Lifestyle Properties Inc), Credit Agreement (Manufactured Home Communities Inc)
Title to Assets; No Liens. Borrower has good, indefeasible and merchantable title to the Property all Properties owned or leased by it, and all such Property each of the Unencumbered Properties is free and clear of all Liens, except Permitted Liens and Liens permitted by Section 8.01(b)Liens.
Appears in 5 contracts
Samples: Term Loan Agreement (Chelsea Property Group Inc), Credit Agreement (Chelsea Property Group Inc), Credit Agreement (CPG Partners Lp)
Title to Assets; No Liens. Borrower has good, indefeasible and merchantable title to the Property all Properties owned or leased by it, including, without limitation, any Borrowing Base Properties owned or leased by Borrower, and all such Property of the Collateral is free and clear of all Liens, except Permitted Liens and Liens permitted by Section 8.01(b)Liens.
Appears in 1 contract
Samples: Credit Agreement (Prudential Bache Equitec Real Estate Partnership)
Title to Assets; No Liens. Borrower has good, indefeasible ------------------------- and merchantable title to the Property all Properties owned or leased by it, including, without limitation, any Borrowing Base Properties owned or leased by Borrower, and all such Property of the Collateral is free and clear of all Liens, except Permitted Liens and Liens permitted by Section 8.01(b)Liens.
Appears in 1 contract
Samples: Credit Agreement (Smith Charles E Residential Realty Inc)
Title to Assets; No Liens. Borrower and each of its Subsidiaries has good, indefeasible and merchantable title to the Property all Properties owned or leased by it, including, without limitation, any Borrowing Base Properties, and all such Property each of the Borrowing Base Properties is free and clear of all Liens, except Permitted Liens and Liens permitted by Section 8.01(b)Liens.
Appears in 1 contract
