Except for Permitted Encumbrances. Borrower and any Subsidiary has good title to all of its properties and assets free and clear of all restrictions and Liens of any kind other than those which could not have a Material Adverse Effect or a material adverse effect on the validity, authorization and/or enforceability of the Financing Documents and/or any provision thereof.
Appears in 5 contracts
Samples: Loan Agreement (Conley Canitano & Associates Inc), Loan Agreement (Conley Canitano & Associates Inc), Loan Agreement (PCD Inc)
Except for Permitted Encumbrances. Borrower and any Subsidiary has good title to all of its properties and assets free and clear of all restrictions and Liens of any kind other than those which could not reasonably be expected to have a Material Adverse Effect or a material adverse effect on the validity, authorization and/or enforceability of the Financing Documents and/or any provision thereof.
Appears in 3 contracts
Samples: Loan Agreement (Summit Design Inc), Loan Agreement (Innoveda Inc), Loan Agreement (Summit Design Inc)
Except for Permitted Encumbrances. Borrower and any Subsidiary has good title to all of its properties and assets free and clear of all restrictions and Liens of any kind other than those which could not be reasonably expected to have a Material Adverse Effect or a material adverse effect on the validity, authorization and/or enforceability of the Financing Documents and/or any provision thereof.
Appears in 2 contracts
Samples: Loan Agreement (Trimble Navigation LTD /Ca/), Loan Agreement (Finisar Corp)
Except for Permitted Encumbrances. Borrower and any Subsidiary has good title to all of its properties and assets free and clear of all restrictions and Liens of any kind other than those which could not reasonably be expected to have a Material (Loan Agreement - Fleet/Convergent) Adverse Effect or a material adverse effect on the validity, authorization and/or enforceability of the Financing Documents and/or any provision thereof.
Appears in 1 contract
Except for Permitted Encumbrances. Borrower ---------------- and any Subsidiary has good title to all of its properties and assets free and clear of all restrictions and Liens of any kind other than those which could not reasonably be expected to have a Material Adverse Effect or a material adverse effect on the validity, authorization and/or enforceability of the Financing Documents and/or any provision thereof.
Appears in 1 contract
