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.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement (Patriot Transportation Holding, Inc.)
Asset Ownership. The Each 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, security interests, and all other encumbrances except as otherwise disclosed by such financial statementsstatements or otherwise in writing.
Appears in 2 contracts
Samples: Loan Agreement (Command Center, Inc.), Loan Agreement (Command Center, Inc.)
Asset Ownership. The Borrower Borrowers 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, security interests, and all other encumbrances except as otherwise disclosed by such financial statementsstatements or otherwise in writing.
Appears in 2 contracts
Samples: Loan Agreement (Synalloy Corp), Loan Agreement (Synalloy Corp)
