Legal and beneficial ownership. (a) Each Group Member is the sole legal and beneficial owner of the respective assets over which it purports to grant Transaction Security.
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Samples: Credit Agreement, Credit Agreement (Home Inns & Hotels Management Inc.)
Legal and beneficial ownership. (a) Each It and each member of the Borrower Group Member is the sole legal and beneficial owner of the respective assets over which it purports to grant Transaction Security.
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Legal and beneficial ownership. (a) Each member of the Restricted Group Member is the sole legal and beneficial owner of the respective shares and other assets over which it purports to grant Transaction Security.
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Samples: Credit and Guaranty Agreement (Nord Anglia Education, Inc.)
Legal and beneficial ownership. (a) Each It and each of the members of the Group Member is the sole legal and beneficial owner of the respective assets over which it purports to grant Transaction SecuritySecurity (if any).
Appears in 1 contract
Legal and beneficial ownership. (a) Each Subject to any Transaction Security, each of it, each other Transaction Obligor and each Group Member is the sole legal and beneficial owner of the respective assets over which it it, such Transaction Obligor or such Group Member purports to grant Transaction Security.
Appears in 1 contract
Samples: Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.)
