Good Title to Properties. Borrower and each Wholly Owned Subsidiary has good and indefeasible title to, or a valid leasehold interest in, its property and assets, subject to no liens, mortgages, pledges, encumbrances, or charges of any kind, except any of the Permitted Encumbrances.
Appears in 1 contract
Samples: Credit Agreement (Emeritus Corp\wa\)
Good Title to Properties. Borrower and each Wholly Owned Subsidiary has good and indefeasible marketable title to, or a valid leasehold interest in, its property and assets, subject to no liens, mortgages, pledges, encumbrances, or charges of any kind, except any those permitted under the provisions of the Permitted EncumbrancesSECTION 7.5 hereof.
Appears in 1 contract
Good Title to Properties. Borrower and its Subsidiaries each Wholly Owned Subsidiary has good and indefeasible marketable title to, or a valid leasehold interest in, its property and assets, subject to no liens, mortgages, pledges, encumbrances, or charges of any kindLiens, except any those permitted under the provisions of the Permitted EncumbrancesSection 7.4 of this Agreement.
Appears in 1 contract
Good Title to Properties. Borrower and each Wholly Owned Subsidiary has good and indefeasible marketable title to, or a valid leasehold interest in, its property and assets, subject to no liens, mortgages, pledges, encumbrances, or charges of any kind, except any those permitted under the provisions of the Permitted EncumbrancesSection 7.2 of this Agreement.
Appears in 1 contract
Samples: Credit Agreement (Gargoyles Inc)
Good Title to Properties. Borrower and each Wholly Owned Subsidiary has good and indefeasible marketable title to, or a valid leasehold interest in, its property and assets, subject to no liens, mortgages, pledges, encumbrances, encumbrances or charges of any kind, except any those permitted under the provisions of the Permitted EncumbrancesSection 9.5 hereof.
Appears in 1 contract