Title to Owned Real Property. (a) Each Seller has good, valid and marketable title to all of its material Owned Real Property, free and clear of all Liens other than Permitted Encumbrances and Liens of the Lienholders identified on Schedule 4.1.5(a). Sellers represent that the only lienholders (other than Permitted Encumbrances) on any of the Owned Real Property are the Lienholders identified on Schedule 4.1.5(a) except as would not reasonably be likely to be materially adverse to the Business.
Title to Owned Real Property. Seller has good fee simple title to all of the Owned Real Property, free and clear of any Lien other than Permitted Encumbrances and Liens of the Bondholders identified on Schedule 8.1.7(b). As of the date hereof, the address and a general description of each item of Owned Real Property are set forth on Schedule 8.1.7(a). Seller represents that the only creditors that have a Lien (other than any Permitted Encumbrances) on any of the Owned Real Property are the Bondholders identified on Schedule 8.1.7(b).
Title to Owned Real Property. (a) The Company shall have delivered to Purchaser evidence satisfactory to Purchaser that good, insurable and marketable fee simple title to all Owned Real Property previously transferred under the FILOT Program has been transferred from the County of Richland, South Carolina to the Company prior to the Closing Date.
Title to Owned Real Property. As of the date hereof, the address and a general description of each item of Owned Real Property are set forth on Schedule 8.1.7(a). Seller has good fee simple title to all of the Owned Real Property, free and clear of any Lien other than Permitted Encumbrances and Liens of the Bondholders identified on Schedule 8.1.7(b). Seller represents that the only creditors that have a Lien (other than any Permitted Encumbrances) on any of the Owned Real Property are the Bondholders identified on Schedule 8.1.7(b). The Owned Real Property set forth on Schedule 8.1.7(a) constitutes substantially all of the Owned Real Property used in the Business during calendar year 1998 and located in the Purchased Exchanges, except as such (i) has been disposed of since January 1, 1998 in the ordinary course of business, or (ii) would not have a Material Adverse Effect.
Title to Owned Real Property. Schedule 4.4 hereto contains a complete and correct list of all Owned Real Property. Except as set forth on Schedule 4.4, Seller has good and insurable fee title to all Owned Real Property, free and clear of any and all Encumbrances, imperfections of title, covenants, restrictions, easements or encroachments except for Permissible Liens. Upon the consummation of the transactions contemplated hereby, Purchaser shall receive good and insurable title to such Owned Real Property, free and clear of all Encumbrances except for Permissible Liens. Other than Permissible Liens or as set forth on Schedule 4.4, Seller has not granted any purchase options or rights of first refusal or first offer with respect to the Owned Real Property and the Owned Real Property is not subject to any such options or rights.
Title to Owned Real Property. The Seller and its subsidiaries have good and indefeasible fee simple title to the Sterling Owned Real Property and own all of the improvements located thereon, free and clear of all Liens except as indicated on the title reports and title insurance policies furnished or made available to the Purchaser pursuant to Section 3.10 hereof and except for:
Title to Owned Real Property. Schedule 3.1.19 contains a complete legal and municipal description of all of the real property owned by the Corporation.
Title to Owned Real Property. The Company and its Subsidiary own and hold good, valid and marketable title to the Owned Real Property set forth in Schedule 4.11(a), free and clear of any and all Liens, except for Permitted Liens.
Title to Owned Real Property. With respect to the Real ---------------------------- Property that is identified on Schedule 1.1.1(b) as being owned by Seller, ----------------- title to such Real Property is, and at Closing shall be, good and marketable, fee simple absolute, free and clear of all liens, adverse claims and other matters affecting Seller's title to or possession of such Real Property, excepting only such easements, restrictions and covenants presently of record which have not materially interfered with or impaired Seller's use of any of the Real Property as restaurants, and the Permitted Liens. At Closing, title to the Real Property owned by Seller shall be insurable by a national title insurance company, free of all exceptions except as described in this subpart (b) and standard, pre-printed title insurance exceptions, at no more than standard title insurance premium rates for the local area in which each Restaurant is located.
Title to Owned Real Property. Except as set forth in SCHEDULE 2.10(a) attached hereto, EMG and/or the Subsidiary, respectively, has good, clear, record and marketable title to all real property it owns ("Owned Real Property"), free and clear of all Encumbrances, other than:
