Asset Ownership. The Borrower and each Guarantor have good and marketable title to all of the properties and assets reflected on the balance sheets and financial statements furnished to the Bank, and all such properties and assets are free and clear of mortgages, deeds of trust, pledges, liens, and all other encumbrances except as otherwise disclosed by such financial statements. In addition, each other owner of collateral has good and marketable title to such collateral, free and clear of any liens, security interests and encumbrances, except as otherwise disclosed to Bank.
Asset Ownership. The Borrower has good and marketable title to all of the properties and assets reflected on the balance sheets and financial statements furnished to the Bank, and all such properties and assets are free and clear of mortgages, deeds of trust, pledges, liens, security interests, and all other encumbrances except as otherwise disclosed by such financial statements or otherwise in writing.
Asset Ownership. For each asset, HTL defines the business unit or business role that ‘owns’ the asset and is therefore responsible for ensuring that the asset is correctly classified and for the day to day maintenance of the identified controls.
Asset Ownership. All liabilities and obligations that relate to, or that arise out of, any Transferred Asset, or that arise out of the ownership by Buyer and its Affiliates of any Transferred Asset or associated with the realization of the benefits of any Transferred Asset, in each case to the extent arising from and after the Applicable Closing;
Asset Ownership. The Borrower and each Pledgor has good and marketable title to all of the properties and assets reflected on the balance sheets and financial statements furnished to the Bank, and all such properties and assets are free and clear of mortgages, deeds of trust, pledges, liens, and all other encumbrances except as otherwise disclosed by such financial statements.
Asset Ownership. Borrower has good and marketable title to all of the properties and assets reflected on the balance sheets and financial statements supplied Lender by Borrower, and all such properties and assets are free and clear of mortgages, security deeds, pledges, liens, charges, and all other encumbrances, except as otherwise disclosed to Lender by Borrower in writing and approved by Lender (“Permitted Liens”). To Borrower’s knowledge, no default has occurred under any Permitted Liens and no claims or interests adverse to Borrower’s present rights in its properties and assets have arisen. Borrower has duly filed, paid and/or discharged all taxes or other claims which may become a lien on any of its property or assets, excepting to the extent that such items are being appropriately contested in good faith and an adequate reserve for the payment thereof is being maintained.
Asset Ownership. Borrower has good and marketable title to all of the properties and assets reflected on the balance sheets and financial statements supplied to Lender by Borrower, and all such properties and assets are free and clear of mortgages, security deeds, pledges, liens, charges, and all other encumbrances, except as otherwise disclosed to Lender by Borrower in writing (“Permitted Liens”). To Borrower’s knowledge, no default has occurred under any Permitted Liens and no claims or interests adverse to Borrower’s present rights in its properties and assets have arisen. Borrower has duly filed, paid and/or discharged all taxes or other claims which may become a lien on any of its property or assets. Permitted Liens are listed in Schedule C to this Agreement.
Asset Ownership. Upon dissolution, any assets, including but not --------------- limited to interests in real property, which cannot be so divided, shall be owned by the Partners or their respective legal representatives as tenants in common, as the situation may require.
Asset Ownership. 11.1. SHA and the Donors hereby waive all claims to ownership, title and intellectual property rights derived as a result, directly or indirectly, of funding received by the Organisation under this Project, subject to the condition that the Organisation has satisfactorily performed all other obligations in this Contract.
11.2. Notwithstanding the provisions of the first paragraph herein, both SHA and the European Union reserve the right to use freely all documents deriving from the Project, provided this does not breach existing property or confidentiality rights.
Asset Ownership. 13.1 Nothing in this Agreement shall operate, or be construed to operate, to extend, modify, or change the ownership of the Equipment as described in section 1 of Part 2 of this Agreement.
