Title to Properties and Rights of Way Sample Clauses

Title to Properties and Rights of Way. (a) Each of the MLP Group Entities has defensible title to all material real property and good title to all material tangible personal property owned by the MLP Group Entities and which is sufficient for the operation of their respective businesses as presently conducted, free and clear of all Encumbrances except Permitted Encumbrances.
AutoNDA by SimpleDocs
Title to Properties and Rights of Way. (a) Each of the Buyer Group Entities has indefeasible title to all material real property and good title to all material tangible personal property owned by such Buyer Group Entity, in each case which is material to the business of such Buyer Group Entity, free and clear of all Encumbrances except Permitted Encumbrances except as would not, individually or in the aggregate, constitute a Buyer Material Adverse Effect.
Title to Properties and Rights of Way. (a) Each of the ETIH Group Entities has defensible title to all material real property and good title to all material tangible personal property owned by the ETIH Group Entities and that is sufficient for the operation of their respective Businesses as presently conducted, free and clear of all Encumbrances except Permitted Encumbrances.
Title to Properties and Rights of Way. (a) Each of the Enogex Group Entities has defensible title to all material real property and good title to all material tangible personal property owned by the Enogex Group Entities and that is sufficient for the operation of their respective Businesses as presently conducted, free and clear of all Encumbrances except Permitted Encumbrances.
Title to Properties and Rights of Way. (a) The real property, rights-of-way and other assets, properties and rights held by the Midstream Entities will, at Closing (and following the Pre-Closing Transfer), constitute all of the assets, properties and rights used or necessary to conduct the operations of the Midstream Entities as the same is conducted on the date hereof, except for real property, rights-of-way, and other assets, properties and rights the absence of which are not material, individually or in the aggregate, to the Midstream Business, taken as a whole.
Title to Properties and Rights of Way. (a) Each of the Acquirer Entities owns and has good and valid fee simple title to all of its owned real property and has valid leasehold interests in all of its leased real properties (other than hydrocarbon interests) free and clear of all Encumbrances (except in all cases for Permitted Encumbrances and obligations owing by the property owner (with respect to the owned real property) or the third-party owner or lessee under the applicable lease (with respect to the leased real properties)). Except as would not be material to the Acquirer Entities, taken as a whole, all leases under which any of the Acquirer Entities lease any real property (other than hydrocarbon interests) are valid and effective against such Acquirer Entities and, to Acquirer’s Knowledge, the counterparties thereto, in accordance with their respective terms and there is not, under any of such leases, any existing material default by any of the Acquirer Entities or, to Acquirer’s Knowledge, the counterparties thereto, or, to Acquirer’s Knowledge, any event which, with notice or lapse of time or both, would become a material default by any of the Acquirer Entities, or, to Acquirer’s Knowledge, the counterparties thereto.
Title to Properties and Rights of Way. (a) Except as would not have, individually or in the aggregate, a Xxxxxx Material Adverse Effect, each of the Xxxxxx Group Entities has defensible title to all material real property and good title to all material tangible personal property owned by the Xxxxxx Group Entities and which is sufficient for the operation of their respective businesses as presently conducted, free and clear of all Encumbrances except Permitted Encumbrances.
AutoNDA by SimpleDocs
Title to Properties and Rights of Way. (a) Each of the CMLP Group Entities has indefeasible title to all material real property and good title to all material tangible personal property owned by such CMLP Group Entity, in each case which is material to the business of such CMLP Group Entity, free and clear of all Liens except Permitted Liens, except as would not, individually or in the aggregate, constitute CMLP Material Adverse Effect.
Title to Properties and Rights of Way. (a) Each of the NRGY Group Entities has indefeasible title to all material real property and good title to all material tangible personal property owned by such NRGY Group Entity, in each case which is material to the business of such NRGY Group Entity, free and clear of all Liens except Permitted Liens except as would not, individually or in the aggregate, constitute an NRGY Material Adverse Effect.
Title to Properties and Rights of Way. (a) Each of the BPL Entities has good and marketable title to all material property (real and personal) described in the BPL SEC Reports as being owned by each of them, free and clear of all Encumbrances, except for failures to have good and marketable title that would not have a Material Adverse Effect.
Time is Money Join Law Insider Premium to draft better contracts faster.