Common use of Title to Collateral Properties Clause in Contracts

Title to Collateral Properties. Except as indicated on Schedule 6.3 hereto or other adjustments that are not material in amount, Subsidiary Guarantors own or lease the Collateral Property subject to no rights of others, including any mortgages, leases pursuant to which Subsidiary Guarantors or any of their Affiliates is the lessee, conditional sales agreements, title retention agreements, liens or other monetary encumbrances except Permitted Liens.

Appears in 2 contracts

Sources: Credit Agreement (Wheeler Real Estate Investment Trust, Inc.), Credit Agreement (Wheeler Real Estate Investment Trust, Inc.)

Title to Collateral Properties. Except as indicated on Schedule 6.3 hereto or other adjustments that are not material in amount, a Subsidiary Guarantors own Guarantor owns or lease the leases each Collateral Property Property, subject to no rights of others, including any mortgages, leases pursuant to which such Subsidiary Guarantors Guarantor or any of their its Affiliates is the lessee, conditional sales agreements, title retention agreements, liens or other monetary encumbrances encumbrances, except Permitted Liens.

Appears in 1 contract

Sources: Credit Agreement (Industrial Property Trust Inc.)