Common use of Title to Properties; Liens and Encumbrances Clause in Contracts

Title to Properties; Liens and Encumbrances. Except as set forth ------------------------------------------- in the Company's financial statements or Schedule 4(j) hereto, the Company has good and marketable title to all of its properties and assets, both real and personal, and has good title to all of its leasehold interests, in each case subject to no mortgage, pledge, lien, security interest, conditional sale agreement, encumbrance or charge.

Title to Properties; Liens and Encumbrances. Except as set forth ------------------------------------------- in the Company's financial statements or Schedule 4(j) hereto, the Company has good and marketable title to all of its properties and assets, both real and personal, and has good title to all of its leasehold interests, in each case subject to no mortgage, pledge, lien, security interest, conditional sale agreement, encumbrance or charge.

Title to Properties; Liens and Encumbrances. Except as set forth The ------------------------------------------- in the Company's financial statements or Schedule 4(j) hereto, the Company and its subsidiaries has good and marketable title to all of its properties and assets, both real and personal, and has good title to all of its leasehold interests, in each case subject to no mortgagethe following exceptions: (i) mortgages, pledgepledges, lienliens, security interestinterests, conditional sale agreementagreements, encumbrance encumbrances or chargecharges created in the ordinary course of business and (ii) the encumbrances created pursuant to the Note.