Common use of Good title to assets Clause in Contracts

Good title to assets. The Borrower has a 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 2 contracts

Samples: Borrowing Base Facility Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)

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Good title to assets. The Borrower has a 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 1 contract

Samples: Term Loan Facility (Pyxis Tankers Inc.)

Good title to assets. The Borrower and each Security Obligor has a good, valid and marketable title to, or valid leases or licences of, of and all appropriate Authorisations to use, the assets necessary to carry on its business as presently conducted.

Appears in 1 contract

Samples: Term Facility Agreement (Corgi International LTD)

Good title to assets. The Borrower has a good, valid and marketable title to, or valid leases or licences licenses of, and all appropriate Authorisations to use, the assets necessary to carry on its business as presently conducted.

Appears in 1 contract

Samples: Term Loan Facility Agreement (Far East Energy Corp)

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Good title to assets. The Borrower has a 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 conductedconducted except, other than in the case of assets which are subject to the Transaction Security, where failure to do so could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Tiffany & Co)

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