Assets and Liens. Each of the Borrower Parties and their respective Subsidiary Entities has good and marketable fee or leasehold title to all Property and assets reflected in the financial statements referred to in Section 6.1 above, except Property and assets sold or otherwise disposed of in the ordinary course of business subsequent to the respective dates thereof. None of the Borrower Parties, nor their respective Subsidiary Entities, has outstanding Liens on any of its Properties or assets nor are there any security agreements to which it is a party, except for Liens permitted in accordance with Section 8.1.
Assets and Liens. (1) Each of the Borrower and its Subsidiary Entities has good and marketable title to all Property and assets reflected in the financial statements referred to in Section 4.1 above, except Property and assets sold or otherwise disposed of in the Ordinary Course of Business subsequent to the respective dates thereof. The Operating Company Entities have good and marketable title to all of the Mortgaged Property, free and clear of all Liens whatsoever except the Senior Permitted Encumbrances. The Mortgaged Property constitutes all of the Real Property, Personal Property, equipment and fixtures currently owned, leased or licensed by the Operating Company Entities. The Collateral constitutes all of the Property currently owned, leased or licensed by the Borrower.
Assets and Liens. (1) Each of the CNL Entities has good and marketable title to all Property and assets reflected in the financial statements referred to in Section 6.1 above, except Property and assets sold or otherwise disposed of in the Ordinary Course of Business subsequent to the respective dates thereof. None of the CNL Entities has outstanding Liens on any of its Properties or assets nor are there any security agreements to which it is a party, except for Permitted Encumbrances.
Assets and Liens. 6.13 Securities Acts
Assets and Liens. (1) Borrower has good and marketable title to the Mortgaged Property, free and clear of all Liens whatsoever except the Permitted Encumbrances. The Mortgaged Property constitutes all of the Property currently owned, leased or licensed by the Borrower.
Assets and Liens. (1) Borrower has good and marketable fee title to the Mortgaged Property (other than the Ground Lease Parcel), free and clear of all Liens whatsoever except the Permitted Encumbrances, and Leasehold Holder has valid and existing leasehold title to the Ground Lease Parcel, free and clear of all Liens whatsoever except the Permitted Encumbrances. The Mortgaged Property constitutes all of the Property currently owned, leased or licensed by the Borrower and the Leasehold Holder.
Assets and Liens. Except as set forth in Section 2.13 of the Disclosure Schedule, the Company has good and marketable title to, or valid leasehold interests in, all of its personal properties and assets. None of the properties and assets of the Company are subject to any Liens, other than Permitted Liens, and there are no facts, circumstances or conditions known to the Company that may result in any Liens (other than Permitted Liens).
Assets and Liens. Each Borrower has good and marketable title to all Assets reflected in its respective financial statements referred to in Section 6.1 above. Neither Borrower has outstanding Liens on any of its Assets nor are there any security agreements to which it is a party, except as described in such financial statements.
Assets and Liens. CPC has good and marketable title to all of the CPC Charleston Assets, free and clear of all Liens (subject to the Assumed Liabilities and the provisions contained in the Existing JOA, for the period prior to Closing, and the provisions contained in the Amended JOA, for the period subsequent to Closing). CPC is the record and beneficial owner of 100% of the CPC Joint Venture Interest, free and clear of all Liens (subject to the Assumed Liabilities and the provisions contained in the Existing JOA, for the period prior to Closing, and the provisions contained in the Amended JOA, for the period subsequent to Closing) and options to purchase or any other right created by CPC (or its predecessors-in-interest) in favor of a third party (excluding any rights created under the Existing JOA). CPC and MNG do not make any representation or warranty with regard to any assets already owned by the Joint Venture, except that CPC and MNG hereby acknowledge and agree that neither CPC nor MNG has any interest in any real property or any tangible personal property used in and useful to the Joint Venture that was previously contributed to, or acquired by, the Joint Venture.
Assets and Liens
