Common use of Titles to Properties Clause in Contracts

Titles to Properties. The Borrower has such title to the real property owned by it as is necessary to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower delivered pursuant to Section 5.1(l), except those which have been disposed of by the Borrower subsequent to such date, which dispositions have been in the ordinary course of business or as otherwise of a type permitted hereunder.

Appears in 18 contracts

Samples: Credit Agreement (Cooper River Properties LLC), Credit Agreement (Insignia Properties Trust /), Credit Agreement (Cooper River Properties LLC)

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Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned or leased by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower and its Subsidiaries delivered pursuant to Section 5.1(l7.1(o), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 6 contracts

Samples: Credit Agreement (Jack in the Box Inc /New/), Credit Agreement (Veridian Corp), Credit Agreement (Veridian Corp)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower and its Subsidiaries delivered pursuant to Section 5.1(l6.1(o), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 4 contracts

Samples: Credit Agreement (Performance Food Group Co), Credit Agreement (Hickory Tech Corp), Credit Agreement (Mindspring Enterprises Inc)

Titles to Properties. The Each of the Borrower has and its Subsidiaries shall have such title to the real property owned or leased by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower delivered pursuant to Section 5.1(l), except those which have been disposed of by the Borrower subsequent to such date, which dispositions have been or its Subsidiaries in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Compx International Inc), Credit Agreement (Compx International Inc), Credit Agreement (Compx International Inc)

Titles to Properties. The Each Borrower and its Subsidiaries has such title to the real property owned or leased by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower Borrowers and their Subsidiaries delivered pursuant to Section 5.1(l6.1(o), except those which have been disposed of by the such Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 3 contracts

Samples: Bridge Credit Agreement (Belk Inc), Credit Agreement (Belk Inc), Credit Agreement (Belk Inc)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned or leased by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower delivered pursuant and its Subsidiaries referred to in Section 5.1(l6.1(o), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Checkpoint Systems Inc)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned or leased by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower and its Subsidiaries delivered pursuant to Section 5.1(l)8.1, except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 3 contracts

Samples: Credit Agreement (Jack in the Box Inc /New/), Credit Agreement (Jack in the Box Inc /New/), Third Amendment (Jack in the Box Inc /New/)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower delivered pursuant and its Subsidiaries referred to in Section 5.1(l6.1(n), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Insignia Esg Holdings Inc), Credit Agreement (Insignia Financial Group Inc /De/)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the Consolidated balance sheets of the Borrower and its Subsidiaries delivered pursuant to Section 5.1(l6.1(p), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 2 contracts

Samples: Credit Agreement (Roanoke Electric Steel Corp), Credit Agreement (Roanoke Electric Steel Corp)

Titles to Properties. The Each of the Borrower and its Subsidiaries -------------------- has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower and its Subsidiaries delivered pursuant to Section 5.1(l6.1(o), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 2 contracts

Samples: Credit Agreement (American Business Information Inc /De), Credit Agreement (American Business Information Inc /De)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower delivered pursuant and its Subsidiaries referred to in Section 5.1(l6.1(o), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Rare Hospitality International Inc)

Titles to Properties. The Borrower has such good and marketable title to the real property owned by it as is necessary to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets sheet of the Borrower delivered pursuant to Section 5.1(l4.1(o), except those which have been disposed of by the Borrower subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type permitted hereunderbusiness.

Appears in 1 contract

Samples: Credit Loan Agreement (Marshall Industries)

Titles to Properties. The Borrower Each of BREED and its Subsidiaries has such title to the real property owned or leased by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower BREED and its Subsidiaries delivered pursuant to Section 5.1(l5.1(o), except those which have been disposed of by the Borrower BREED or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Breed Technologies Inc)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned or leased by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower delivered pursuant to Section 5.1(l), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Compx International Inc)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those assets reflected on the balance sheets of the Borrower and its Subsidiaries described in Section 6.1(m) or in any financial statements hereafter delivered pursuant to Section 5.1(l)7.1, except those such assets which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, which dispositions have been date in the ordinary course of business or as otherwise of a type expressly permitted hereunderunder this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Caraustar Industries Inc)

Titles to Properties. The Each of the Borrower and the Guarantors has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower and its Subsidiaries delivered pursuant to Section 5.1(l6.1(o), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Unconditional Guaranty Agreement (Quintiles Transnational Corp)

Titles to Properties. The Borrower has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the consolidated balance sheets sheet of the Borrower Credit Parties delivered pursuant to Section 5.1(l6.1(m), except those which have been disposed of by the Borrower Credit Parties subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunderunder this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Golf Trust of America Inc)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower delivered pursuant and its Subsidiaries referred to in Section 5.1(l6.01(k), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Insignia Financial Group Inc /De/)

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Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those assets reflected on the balance sheets of the Borrower and its Subsidiaries described in Section 5.1(m) or in any financial statements hereafter delivered pursuant to Section 5.1(l)6.1, except those such assets which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, which dispositions have been date in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Penske Motorsports Inc)

Titles to Properties. The Borrower and each of its Subsidiaries has such title to the real property owned or leased by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower delivered pursuant to Section 5.1(l), except those which have been disposed of by the Borrower and its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Hormel Foods Corp /De/)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower and its Subsidiaries delivered pursuant to Section 5.1(l6.1(p), except those which have been disposed of by the Borrower or its Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (WLR Foods Inc)

Titles to Properties. The Each of the Borrower and its Material Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower and its Material Subsidiaries delivered pursuant to Section 5.1(l6.1(l), except those which have been disposed of by the Borrower or its Material Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (United Companies Financial Corp)

Titles to Properties. The Each of the Borrower and its Restricted Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower delivered pursuant to Section 5.1(l), except those which have been disposed of by the Borrower subsequent to such date, which dispositions have been in the ordinary course of business or as otherwise of a type permitted hereunder.those

Appears in 1 contract

Samples: Day Credit Agreement (Lci International Inc /Va/)

Titles to Properties. The Borrower Each of the Borrowers has such title to the real property owned by it as is necessary to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those assets reflected on the balance sheets of the Borrower Company and its Subsidiaries described in Section 6.13 or in any financial statements hereafter delivered pursuant to Section 5.1(l)7.1, except those such assets which have been disposed of by the Borrower Company or its Subsidiaries subsequent to such date, which dispositions have been date in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Penske Motorsports Inc)

Titles to Properties. The Each of the Borrower and its Material Subsidiaries has such title to the real property owned by it as is necessary to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower and its Material Subsidiaries delivered pursuant to Section 5.1(l5.1(n), except those which have been disposed of by the Borrower or its Material Subsidiaries subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Insignia Financial Group Inc)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower and its Subsidiaries delivered pursuant to Section 5.1(l6.1(p), except those which have been disposed of . Any real property owned by the Borrower subsequent that is currently subject to any lease is listed together with a description of all such date, which dispositions have been leases in the ordinary course of business or as otherwise of a type permitted hereunderSchedule 6.1(s).

Appears in 1 contract

Samples: Term Loan Agreement (WLR Foods Inc)

Titles to Properties. The Borrower Each of the Borrowers has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assetsassets other than personal property subject to Capital Leases, including, but not limited to, those reflected on the balance sheets of the Borrower Borrowers delivered pursuant to Section 5.1(l6.1(o), except those which have been disposed of by the Borrower Borrowers subsequent to such date, date which dispositions have been in the ordinary course of business or as otherwise of a type expressly permitted hereunder.

Appears in 1 contract

Samples: Credit Agreement (Med Waste Inc)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business business, as currently conducted, and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower delivered pursuant to Section 5.1(l), except those which have been disposed of by the Borrower subsequent to such date, which dispositions have been in the ordinary course of business or as otherwise of a type permitted hereunder.and its Subsidiaries delivered

Appears in 1 contract

Samples: Credit Agreement (Gt Interactive Software Corp)

Titles to Properties. The Each of the Borrower and its Subsidiaries has such title to the real property owned by it as is necessary or desirable to the conduct of its business and valid and legal title to all of its material personal property and assets, including, but not limited to, those reflected on the balance sheets of the Borrower and its Subsidiaries delivered pursuant to Section 5.1(l6.1(p), except those which have been disposed of . Any real property owned by the Borrower subsequent that is currently subject to any lease, is listed together with a description of all such date, which dispositions have been in the ordinary course of business or as otherwise of a type permitted hereunderleases on Schedule 6.1(s).

Appears in 1 contract

Samples: Revolving Credit Agreement (WLR Foods Inc)

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