Common use of Good title to assets Clause in Contracts

Good title to assets. It has a good title to, or valid leasehold interests in, and to all its real and personal property material to its business except to the extent that any failure to have such title or leasehold interest would not reasonably be expected to have a Material Adverse Effect.

Appears in 7 contracts

Samples: Syndicated Loan Agreement (Hillenbrand, Inc.), Syndicated L/G Facility Agreement (Hillenbrand, Inc.), Syndicated Loan Agreement (Hillenbrand, Inc.)

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Good title to assets. It has a good and valid title to, or valid leasehold interests in, and leases or licences of the assets necessary to all its real and personal property material to carry on its business except to the extent that any as presently conducted where failure to have such title or leasehold interest do so would not reasonably be expected to have a Material Adverse EffectEffect and there is no (i) Security or (ii) other contractual restrictions materially adverse to the Lender, which, in each case, may affect the rights and property which is the subject of the Security Document.

Appears in 2 contracts

Samples: Term Loan Facility Agreement (Gran Tierra Energy Inc.), Term Loan Facility Agreement

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