Common use of Good Title to Properties Clause in Contracts

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\)

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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

Samples: Credit Agreement (Mackie Designs Inc)

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

Samples: Credit Agreement (Red Robin Gourmet Burgers 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, 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)

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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

Samples: Credit Agreement (Mackie Designs Inc)

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