Title to Other Property. Mortgagor has good title to the Personalty, and the Personalty is not subject to any Encumbrance other than the Permitted Encumbrances. None of the Leases, Rents, Design and Development Documents, Contracts of Sale or Refinancing Commitments are subject to any Encumbrance other than the Permitted Encumbrances.
Title to Other Property. To Grantor’s knowledge and belief, Grantor has good title to the Personalty, and the Personalty is not subject to any Encumbrance other than the Permitted Encumbrances. To Grantor’s knowledge and belief, none of the Leases, Rents, Design and Construction Documents, Contracts of Sale or Refinancing Commitments are subject to any Encumbrance other than the Permitted Encumbrances.
Title to Other Property. Title to the Personal Property and all other property intended to be conveyed or assigned hereunder to Purchaser shall be good and valid, subject to no encumbrances or security interests.
Title to Other Property. The Company has good and marketable title to, or a valid leasehold interest in, the properties and assets used to conduct its business, including the properties and assets shown on the financial statements provided to Buyer, or acquired after the date thereof, in each case free and clear of all liens, encumbrances or charges. The assets currently owned by the Company or leased by the Company constitute all of the assets necessary to conduct the business of the Company in accordance with past practices as of the date of the financial statements and as of the date hereof, and are located on the premises of the Company. The buildings, machinery, equipment, and other tangible assets that the Company owns and leases have been maintained in the ordinary course of business consistent with past practices, and are sufficient for operating the business of the Company as presently conducted. The Company does not own any real property.
Title to Other Property. Grantor has good title to the Personalty, and the Personalty is not subject to any Encumbrance other than the Permitted Encumbrances. None of the Leases, Rents, or Loan Documents are subject to any Encumbrance other than the Permitted Encumbrances.
Title to Other Property. Borrower has good title to the Personalty, and the Personalty is not subject to any Encumbrance other than the Permitted Encumbrances.
Title to Other Property. As at the date hereof, title to the Operatorship Assets is held in the name of BHP Billiton Canada, in its capacity as operator of the Core Zone Joint Venture, in trust for BHP Billiton Canada, BCDC and the Core Zone JV Parties in proportion to their respective Core Zone Participating Interests, free and clear of any Encumbrances other than Permitted Encumbrances.
Title to Other Property. Seller shall own good and marketable title to all assets included in the Hotel (excluding FF&E that is subject to a Lease, if any) that are not insured by the Title Policy, free and clear of liens, claims and encumbrances (other than the Permitted Exceptions), including, without limitation, all Monetary Objections.
Title to Other Property. DevCo has good and marketable title to all the Assets free and clear of any and all Encumbrances other than the Permitted Encumbrances. All of the Assets used by DevCo are in reasonable operating condition and repair having regard to their age and usage and ordinary wear and tear excepted. The Assets comprise all of the undertakings, property, assets and rights and interests required or necessary for the operation of the Business.
Title to Other Property. The Subsidiaries have good and marketable title to all the Assets (other than the Real Property and the Leased Property which are addressed in Section 5.2(11) (Title to Real Property and Other Real Property Matters and Leased Property Matters)), free and clear of any and all Encumbrances other than the Permitted Encumbrances. Schedule 5.2(12) of the Disclosure Letter is a true, accurate and complete list of all locations where the Assets (other than the Real Property and the Leased Property) are situated, including a brief description of such of the Assets situated at each location. All of the Assets (other than the Real Property and the Leased Property) used by the Subsidiaries are free of defects (patent or latent), in good operating condition and in a state of good repair and maintenance.
