Common use of No Encumbrances Clause in Contracts

No Encumbrances. Borrower and its Subsidiaries have good and indefeasible title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 27 contracts

Samples: Loan and Security Agreement (Freshpet, Inc.), Loan and Security Agreement (Hercules Capital, Inc.), Loan and Security Agreement (Freshpet, Inc.)

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No Encumbrances. Each Borrower and its Subsidiaries have has good and indefeasible title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 9 contracts

Samples: Credit Agreement (Oasis Interval Ownership, LLC), Credit Agreement (Cryolife Inc), Credit Agreement (Cryolife Inc)

No Encumbrances. Each Borrower and its Subsidiaries have has good and indefeasible title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 8 contracts

Samples: Credit Agreement (Silicon Graphics Inc), Loan and Security Agreement (Silicon Graphics Inc), Credit Agreement (Silicon Graphics Inc)

No Encumbrances. Borrower and its Subsidiaries have has good and indefeasible title to, or a valid leasehold interest in, their its personal property assets and good and marketable title to, or a valid leasehold interest in, their its Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 7 contracts

Samples: Loan and Security Agreement (Horizon Technology Finance Corp), Loan and Security Agreement (Horizon Technology Finance Corp), Loan and Security Agreement (Horizon Technology Finance Corp)

No Encumbrances. Borrower and its Subsidiaries have good and indefeasible title to, or a valid leasehold interest in, to their personal property assets and good and marketable title to, or a valid leasehold interest in, to their Real Property (subject to exceptions that do not, in the aggregate, materially impair the use, value or marketability or any such Real Property), in each case, free and clear of Liens except for Permitted Liens.

Appears in 4 contracts

Samples: Possession Loan and Security Agreement, Loan and Security Agreement (Sharper Image Corp), Loan and Security Agreement (Sharper Image Corp)

No Encumbrances. Borrower and its Subsidiaries have good and indefeasible marketable title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 4 contracts

Samples: Credit Agreement (Sanfilippo John B & Son Inc), Credit Agreement (Sanfilippo John B & Son Inc), Credit Agreement (Sanfilippo John B & Son Inc)

No Encumbrances. Borrower Borrowers and its their respective Restricted Subsidiaries have good and indefeasible title to, or a valid leasehold interest in, their material personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 4 contracts

Samples: Credit Agreement (Altra Industrial Motion, Inc.), Credit Agreement (Boston Gear LLC), Credit Agreement (Altra Industrial Motion, Inc.)

No Encumbrances. Borrower and its Subsidiaries have good and indefeasible marketable title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, Property and such personal property assets and Real Property of Borrower is free and clear of Liens except for Permitted Liens.

Appears in 3 contracts

Samples: Loan and Security Agreement (Viskase Companies Inc), Loan and Security Agreement (Viskase Companies Inc), Loan and Security Agreement (Viskase Companies Inc)

No Encumbrances. Each Borrower and its Operating Subsidiaries have has good and indefeasible title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Youbet Com Inc)

No Encumbrances. Borrower and its Domestic Subsidiaries have good and indefeasible title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Infocus Corp)

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No Encumbrances. Borrower and its Subsidiaries have good and indefeasible legal title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Anacomp Inc)

No Encumbrances. (a) Each Borrower and its Subsidiaries have has good and indefeasible title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens and no rights in favor of any party are outstanding that could give rise to any Liens.

Appears in 1 contract

Samples: Credit Agreement (155 East Tropicana, LLC)

No Encumbrances. Holdings, Borrower and its each of their respective Subsidiaries have good and indefeasible title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (SAVVIS, Inc.)

No Encumbrances. Each Borrower and its Restricted Subsidiaries have has good and indefeasible title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (TRC Companies Inc /De/)

No Encumbrances. Borrower and its Subsidiaries have has good and indefeasible title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their its Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Lexar Media Inc)

No Encumbrances. Borrower and its Subsidiaries have has good and indefeasible title to, or a valid leasehold interest in, their personal property assets and good and marketable title to, or a valid leasehold interest in, their Real Property, in each case, free and clear of Liens except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Transtechnology Corp)

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