Good title to assets. The Borrower has good, valid and marketable title to, or valid leases or licences of, and all appropriate Authorisations to use, the Assets necessary to carry on its business as presently conducted.
Appears in 3 contracts
Samples: Term Facility Agreement, Rupee Term Facility Agreement (Sterlite Industries (India) LTD), Rupee Term Facility Agreement (Sterlite Industries (India) LTD)
Good title to assets. The It and each member of the Borrower Group has good, a good and valid and marketable title to, or valid leases or licences of, and all appropriate Authorisations to use, the Assets assets necessary to carry on its business as presently conducted.
Appears in 3 contracts
Samples: Senior Facilities Agreement (Atlatsa Resources Corp), Senior Term Loan and Revolving Facilities Agreement (Atlatsa Resources Corp), Senior Term Loan Facilities Agreement (Anooraq Resources Corp)