Title to Properties; Liens. Each Obligor and its Subsidiaries have (i) good, sufficient and legal title to (in the case of fee interests in real property), (ii) valid leasehold interests in (in the case of leasehold interests in real or personal property), or (iii) good title to (in the case of all other personal property), all of the properties and assets reflected in the financial statements referred to in Section 4.3 or, in the most recent financial statements delivered pursuant to Section 5.1, in each case except for assets disposed of since the date of such financial statements in the ordinary course of business or as otherwise permitted under Section 6.5. Except as otherwise permitted by this Agreement, all such properties and assets are free and clear of Liens.
Appears in 4 contracts
Sources: Loan Agreement (Us Airways Group Inc), Loan Agreement (Us Airways Group Inc), Loan Agreement (Us Airways Group Inc)
Title to Properties; Liens. Each Obligor and its Subsidiaries have has (i) good, sufficient good and legal insurable fee title to (in the case of fee interests in real property), (ii) valid valid, and in the case of leasehold interests in real property, insurable, leasehold interests in (in the case of leasehold interests in real or personal property), ) or (iii) good title to (in the case of all other personal property), ) all of the properties and assets necessary to the conduct of its business including property and assets reflected in the financial statements referred to in Section 4.3 or4.3, in the most recent financial statements delivered pursuant to Section 5.1, in each case except for assets disposed of since the date of such financial statements in the ordinary course of business or as otherwise permitted under Section 6.5business. Except as otherwise permitted by this AgreementAgreement and the Collateral Documents, all such properties and assets are free and clear of Liens.
Appears in 3 contracts
Sources: Loan Agreement (Us Airways Inc), Loan Agreement (Us Airways Inc), Loan Agreement (Us Airways Group Inc)
Title to Properties; Liens. Each Obligor The Borrower and its Subsidiaries have (i) good, sufficient and legal title to (in the case of fee interests in real property), (ii) valid leasehold interests in (in the case of leasehold interests in real or personal property), or (iii) good title to (in the case of all other personal property), all of the their respective properties and assets reflected in the financial statements referred to in Section 4.3 or, 3.3 or in the most recent financial statements delivered pursuant to Section 5.1, in each case except for assets disposed of since the date of such financial statements in the ordinary course of business or as otherwise permitted under Section 6.56.7. Except as otherwise permitted by this Agreement, all such properties and assets are free and clear of Liens.
Appears in 2 contracts
Sources: Credit Agreement (Pantry Inc), Credit Agreement (Pantry Inc)
Title to Properties; Liens. Each Obligor The Lessee and its Subsidiaries have (i) good, sufficient and legal title to (in the case of fee interests in real property), (ii) valid leasehold interests in (in the case of leasehold interests in real or personal property), or (iii) good title to (in the case of all other personal property), all of the properties and assets reflected in the financial statements referred to in Section 4.3 or, subsection 5(c) or in the most recent financial statements delivered pursuant to Section 5.1subsection 6(a), in each case except for assets disposed of since the date of such financial statements in the ordinary course of business or as otherwise permitted under Section 6.5subsection 7(g). Except as otherwise permitted by this AgreementLease, all such properties and assets are free and clear of Liens.
Appears in 2 contracts
Sources: Aircraft Lease Agreement (Atlas Air Worldwide Holdings Inc), Lease Agreement (Atlas Air Inc)
Title to Properties; Liens. Each Obligor and its Subsidiaries have (i) good, sufficient and legal title to (in the case of fee interests in real property), (ii) valid leasehold interests in (in the case of leasehold interests in real or personal property), or (iii) good title to (in the case of all other personal property), all of the properties and assets reflected in the financial statements referred to in Section 4.3 or, in the case of the Borrower, in the most recent financial statements delivered pursuant to Section 5.1, in each case except for assets disposed of since the date of such financial statements in the ordinary course of business or as otherwise permitted under Section 6.5. Except as otherwise permitted by this Agreement, all such properties and assets are free and clear of Liens.
Appears in 1 contract
Title to Properties; Liens. Each Obligor Borrower and each of its Subsidiaries have (i) good, sufficient and legal title to (in the case of fee interests in real property), (ii) valid leasehold interests in (in the case of leasehold interests in real or personal property), or (iii) good title to (in the case of all other personal property), all of the their respective properties and assets reflected in the financial statements referred to in Section 4.3 or, or in the most recent financial statements delivered pursuant to Section 5.1, in each case except for assets disposed of since the date of such financial statements in the ordinary course of business or as otherwise permitted under Section 6.56.7. Except as otherwise permitted by this Agreement, all such properties and assets are free and clear of Liens.
Appears in 1 contract
Title to Properties; Liens. Each Obligor Borrower and its Subsidiaries have (i) good, sufficient and legal title to (in the case of fee interests in real property), (ii) valid leasehold interests in (in the case of leasehold interests in real or personal property), or (iii) good title to (in the case of all other personal property), all of the their respective properties and assets reflected in the financial statements referred to in Section 4.3 or, 5.3 or in the most recent financial statements delivered pursuant to Section 5.16.1, in each case except for assets disposed of since the date of such financial statements in the ordinary course of business or as otherwise permitted under Section 6.57.6. Except as otherwise permitted by this Agreement, all such properties and assets are free and clear of Liens.
Appears in 1 contract
Sources: Credit Agreement (Oakley Inc)