Common use of Leases Clause in Contracts

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 146 contracts

Samples: Credit Agreement (Performant Financial Corp), Credit Agreement (Salem Media Group, Inc. /De/), Credit Agreement (LiveVox Holdings, Inc.)

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Leases. Each Loan Party and its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 14 contracts

Samples: Credit Agreement (Unifi Inc), Credit Agreement (Pandora Media, Inc.), Credit Agreement (Manitowoc Co Inc)

Leases. Each Loan Party and each of its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties it is a party or under which they are it is operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries the applicable Subsidiary exists under any of them.

Appears in 11 contracts

Samples: Credit and Security Agreement (IES Holdings, Inc.), Purchase Money Loan and Security Agreement (SAExploration Holdings, Inc.), Credit and Security Agreement (SAExploration Holdings, Inc.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 7 contracts

Samples: Credit Agreement (VOXX International Corp), Credit Agreement (VOXX International Corp), Credit Agreement (VOXX International Corp)

Leases. Each Except as would not result in a Material Adverse Change, each Loan Party and its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Proteststhe extent being Properly Contested, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 6 contracts

Samples: Credit Agreement (BOISE CASCADE Co), Credit Agreement (BOISE CASCADE Co), Credit Agreement (BOISE CASCADE Co)

Leases. Each Loan Party and its Restricted Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Restricted Subsidiaries exists under any of them.

Appears in 6 contracts

Samples: Guaranty and Security Agreement (Forum Energy Technologies, Inc.), Credit Agreement (Weatherford International PLC), Credit Agreement (Emmis Communications Corp)

Leases. Each The Loan Party and its Subsidiaries Parties enjoy peaceful and undisturbed possession under all leases material to their the business of the Loan Parties and to which they the Loan Parties are parties a party or under which they the Loan Parties are operating, and, subject to Permitted Protests, all . All of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries Parties exists under any of them.

Appears in 5 contracts

Samples: Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (LSB Industries Inc), Loan and Security Agreement (Numatics Inc)

Leases. Each Loan Party and its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases material to their the business and to which they are parties or under which they are operatingof the Loan Parties, taken as a whole, and, subject to Permitted Protests, all of such material leases are valid and subsisting and and, except as set forth on Schedule 4.14, no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 4 contracts

Samples: Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD), Credit Agreement (Hampshire Group LTD)

Leases. Each Loan Party Parties and its their Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, operating and all of such material leases are valid and subsisting and no material default by the applicable Loan Party Parties or its their Subsidiaries exists under any of them.

Appears in 4 contracts

Samples: Credit Agreement (Take Two Interactive Software Inc), Credit Agreement (Take Two Interactive Software Inc), Credit Agreement (Velocity Express Corp)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.. 4.22

Appears in 4 contracts

Samples: Credit Agreement (Titan Machinery Inc.), Credit Agreement and Loan Documents (Nautilus, Inc.), Credit Agreement (BlueLinx Holdings Inc.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them, except as could not reasonably be expected to result in a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Egalet Corp), Credit Agreement (Pernix Therapeutics Holdings, Inc.), Credit Agreement (Pernix Therapeutics Holdings, Inc.)

Leases. Each In each case except as could not reasonably be expected to have a Material Adverse Effect, each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 3 contracts

Samples: Assignment and Acceptance Agreement (Jakks Pacific Inc), First Lien Term Loan Facility Credit Agreement (Jakks Pacific Inc), Credit Agreement (Orasure Technologies Inc)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default beyond any applicable cure period by the applicable Loan Party or its Subsidiaries exists under any of themthem where such default has or could reasonably be expected to have a Material Adverse Change.

Appears in 3 contracts

Samples: Credit Agreement (Colt Defense LLC), Credit Agreement (Colt Defense LLC), Credit Agreement (Colt Finance Corp.)

Leases. Each Loan Party and its Subsidiaries (and with respect to Immaterial Subsidiaries, to Borrower’s actual knowledge) enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 3 contracts

Samples: Credit Agreement (Asure Software Inc), Credit Agreement (Asure Software Inc), Credit Agreement (Asure Software Inc)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no Loan Party has received written notice asserting a material default by the applicable Loan Party or its Subsidiaries exists under any of themwhich remains uncured.

Appears in 3 contracts

Samples: Credit Agreement (Farmer Brothers Co), Credit Agreement (Farmer Brothers Co), Credit Agreement (Farmer Brothers Co)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.and

Appears in 2 contracts

Samples: Credit Agreement and Loan (Nautilus, Inc.), Credit Agreement (Titan Machinery Inc.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of themthem except where any such default could not reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (API Technologies Corp.), Credit Agreement (API Technologies Corp.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business taken as a whole and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of themthem that would entitle the counterparty thereto, with the giving of notice and/or the passage of time, to terminate any such material lease.

Appears in 2 contracts

Samples: Credit Agreement (Stream Global Services, Inc.), Credit Agreement (Stream Global Services, Inc.)

Leases. Each Loan Party and its Subsidiaries (other than Excluded Subsidiaries) enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 2 contracts

Samples: Credit Agreement (TrueBlue, Inc.), Credit Agreement (TrueBlue, Inc.)

Leases. Each Loan Party and its Domestic Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 2 contracts

Samples: Guarantied Credit Agreement (Stanadyne Holdings, Inc.), Credit Agreement (Stanadyne Holdings, Inc.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them, except to the extent any impairment under such leases could not reasonably be expected to cause, individually or in the aggregate, a Material Adverse Change.

Appears in 2 contracts

Samples: Credit Agreement (Watsco Inc), Credit Agreement (Watsco Inc)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their its business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and and, to any Loan Party’s knowledge, no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 2 contracts

Samples: Credit Agreement (FleetMatics Group PLC), Credit Agreement (FleetMatics Group PLC)

Leases. Each Loan Party and its Restricted Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Restricted Subsidiaries exists under any of them.. 4.22

Appears in 2 contracts

Samples: Credit Agreement (Thryv Holdings, Inc.), Credit Agreement (Calumet Specialty Products Partners, L.P.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them, except in each case to the extent it could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Tessco Technologies Inc), Credit Agreement (Tessco Technologies Inc)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operatingoperating (or any replacement leases therefor entered into in the ordinary course of business), and, subject to Permitted Protests, all of such material leases (or replacement leases) are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 2 contracts

Samples: Credit Agreement (Appfolio Inc), Credit Agreement (Appfolio Inc)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them, in each case except where the same would not, individually or in the aggregate, reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (GoPro, Inc.), Credit Agreement (GoPro, Inc.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 2 contracts

Samples: Credit Agreement (Inventure Foods, Inc.), Credit Agreement (Inventure Foods, Inc.)

Leases. Each Except as could not reasonably be expected to result in a Material Adverse Effect, each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (AerSale Corp)

Leases. Each Such Loan Party and its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases material to their the business of such Loan Party and to which they are parties it is a party or under which they are it is operating, and, subject to Permitted Protests, all . All of such material leases are valid and subsisting and no material default by the applicable such Loan Party or its Subsidiaries exists under any of them, which are not otherwise stayed by operation of law.

Appears in 1 contract

Samples: Loan and Security Agreement and Guaranty (Archibald Candy Corp)

Leases. Each Loan Party and its Material Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Material Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (CDC Software CORP)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all Real Property leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of themthem that could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Us Xpress Enterprises Inc)

Leases. Each In each case, except as could not reasonably be expected to have a Material Adverse Effect, each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (Jakks Pacific Inc)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business (including the Data Center Leases) and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of themthem except, with respect only to such leases that are not Data Center Leases, any default which could not reasonably be expected to result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Internap Network Services Corp)

Leases. Each Loan Party and its Domestic Subsidiaries enjoy peaceful and undisturbed possession under all Real Property leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Domestic Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (Advanced Energy Industries Inc)

Leases. Each Loan Party and its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of themthem that would permit the lessor thereunder, with the giving of notice and/or passage of time, to terminate any such material lease.

Appears in 1 contract

Samples: Credit Agreement (Avid Technology, Inc.)

Leases. Each Loan Party and each of its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases material to their its respective business and to which they are parties it is a party or under which they are it is operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (Actuate Corp)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business where Collateral is located and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (Erickson Air-Crane Inc.)

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Leases. Each Loan Party and each of its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases material to their business and to which they are parties it is a party or under which they are it is operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries the applicable Subsidiary exists under any of them.

Appears in 1 contract

Samples: Credit and Security Agreement (Kitara Media Corp.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, and all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (SAVVIS, Inc.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (Pioneer Energy Services Corp)

Leases. Each Loan Party Borrower Parties and its their Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business businesses and to which they are parties or under which they are operating, and, subject to Permitted Protests, all . All of such material leases are valid and subsisting and no material default by Borrower Parties or their Subsidiaries (or, to the applicable Loan Party or its Subsidiaries knowledge of Borrower Parties, by the lessors thereunder) exists under any of them.

Appears in 1 contract

Samples: Loan Agreement and Guaranty (Foster Wheeler LTD)

Leases. Each Loan Credit Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Credit Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (Complete Production Services, Inc.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to the continued operation of their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of themthem that could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Usa Truck Inc)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases (including, without limitation, leases of drydocks) material to their business business, when taken as a whole, and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (American Commercial Lines Inc.)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of themthem (other than defaults, the enforcement of which is stayed by virtue of the Proceedings).

Appears in 1 contract

Samples: Credit Agreement (Angiotech Pharmaceuticals Inc)

Leases. Each Loan Party Parties and its the Significant Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, operating and all of such material leases are valid and subsisting and no material default by Loan Parties and the applicable Loan Party or its Significant Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (Sitel Corp)

Leases. (a) Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, and (b) subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of themthem (after giving effect to any notice and grace periods applicable to any such default).

Appears in 1 contract

Samples: Credit Agreement (American Pacific Corp)

Leases. Each Loan Party and each of its Subsidiaries (other than any Excluded Subsidiary) enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties it is a party or under which they are it is operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries the applicable Subsidiary exists under any of them.

Appears in 1 contract

Samples: Credit and Security Agreement (SAExploration Holdings, Inc.)

Leases. Each Loan Party and its Restricted Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Restricted Subsidiaries exists under any of them, in each case, except to the extent such matters could not reasonably be expected to result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (Exide Technologies)

Leases. Each Loan Party and its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases (other than the Ground Leases) material to their the business of such Loan Party and to which they are parties it is a party or under which they are it is operating, and, subject to Permitted Protests, all . All of such material leases are valid and subsisting and no material default by the applicable such Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Loan and Security Agreement (Dairy Mart Convenience Stores Inc)

Leases. Each Loan Party and each of its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases material to their its business and to which they are parties it is a party or under which they are it is operating, and, subject to Permitted Protests, and all of such material leases are valid and subsisting and no material default by the applicable any Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Term Loan Agreement (Sevcon, Inc.)

Leases. Each Borrower and each other Loan Party and its their respective Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by any Borrower or the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (Focus Venture Partners, Inc)

Leases. Each Loan Party and its Subsidiaries enjoy enjoys peaceful and undisturbed possession under of all leases necessary in any material to respect for the operation of their business respective businesses properties and to assets, none of which they are parties contains any unusual or under burdensome provisions which they are operating, and, subject to Permitted Protests, all might materially affect or impair the operation of such material properties and assets. All such leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of themare in full force and effect.

Appears in 1 contract

Samples: Credit Loan Agreement (First Trinity Financial CORP)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.. DB1/ 133650928.13 81 4.22

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Nautilus, Inc.)

Leases. Each Loan Party and its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases necessary for or material to their business business, when taken as a whole, and to which they are parties or under which they are operating, and, subject to Permitted Protests, and all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Abl Credit Agreement

Leases. Each Loan Party and each of its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (Upland Software, Inc.)

Leases. . Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no Loan Party has received written notice asserting a material default by the applicable Loan Party or its Subsidiaries exists under any of themwhich remains uncured.

Appears in 1 contract

Samples: Credit Agreement (Farmer Brothers Co)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and to the Borrowers’ knowledge, no material default by the applicable Loan Party or its Subsidiaries exists under any of them.

Appears in 1 contract

Samples: Credit Agreement (Tronox Inc)

Leases. Each Loan Party Parties and its their Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, operating and all of such material leases are valid and subsisting and no material default by the applicable Loan Party Parties or its their Subsidiaries exists under any of them, unless such default is the subject of a Permitted Protest or could not be expected to result in a Material Adverse Change.

Appears in 1 contract

Samples: Credit Agreement (MSX International Inc)

Leases. Each Loan Party and its Subsidiaries enjoy peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and a nd subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of them.. 4.22

Appears in 1 contract

Samples: Credit Agreement (Nautilus, Inc.)

Leases. Each Loan Party and its Subsidiaries enjoy enjoys peaceful and undisturbed possession under all leases material to their business and to which they are parties or under which they are operating, and, subject to Permitted Protests, all of such material leases are valid and subsisting and no material default by the applicable Loan Party or its Subsidiaries exists under any of themthem that could reasonably be expected to result in the termination thereof.

Appears in 1 contract

Samples: Credit Agreement (THQ Inc)

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