Maintenance of Title. Each Loan Party shall maintain (a) good title to the material property owned by such Loan Party free and clear of Liens, other than Permitted Liens; (b) legal and valid and subsisting leasehold interests to the material properties leased by such Loan Party, free and clear of Liens, other than Permitted Liens; and (c) legal and valid possessory rights to the material properties possessed and not otherwise held in fee or leased by such Loan Party.
Maintenance of Title. Borrower shall (and Borrower shall cause each Project Company to) maintain (a) good and marketable title to the Mortgaged Property pursuant to the Real Property Agreements, subject only to Permitted Liens; and (b) good and marketable title to all of its other respective personal properties and assets (other than properties and assets disposed of in the ordinary course of business) related to the Project to the extent that failure to do so could be reasonably expected to have a Material Adverse Effect.
Maintenance of Title. Each Note Party shall, and shall cause each of its Subsidiaries to, maintain good title to the material property owned by such Gauzy Company free and clear of Liens, other than Permitted Liens.
Maintenance of Title. Each Loan Party shall, and shall cause each of its Subsidiaries that is not a Loan Party to, maintain (a) good title to the property owned by such Person necessary for the conduct of the Business, the Covered Projects and the Excluded Projects free and clear of Liens, other than Permitted Liens; (b) legal and valid and subsisting leasehold interests to the properties leased by such Person necessary for the conduct of the Business, the Covered Projects and the Excluded Projects free and clear of Liens, other than Permitted Liens and (c) legal and valid possessory rights to the properties possessed and not otherwise held in fee or leased by such Person necessary for the conduct of the Business, the Covered Projects and the Excluded Projects.
Maintenance of Title. Each Obligor will, and will cause each of its Subsidiaries to, preserve and maintain good and valid title to, or leasehold interest in, as applicable, all of its real and personal properties and assets (including the Projects), in each case, free and clear of any Liens other than Permitted Liens, except to the extent such failure would not reasonably be expected to have a Material Adverse Effect.
Maintenance of Title. The Borrower shall at all times after the Closing Date maintain title in fee simple to, or a valid leasehold interest in, or a valid right of way or easement or license over, all real property at the time necessary for the construction, operation and maintenance of the Project.
Maintenance of Title. At all times from and after the acquisition by the Borrower of the Project Site, the Borrower shall maintain good and marketable title to the Project Site and shall obtain, as and when required, pursuant to the Project Documents, and thereafter maintain at all times interests in the other Project Assets sufficient to Credit Agreement operate the Project in accordance with the Project Documents and Prudent Industry Practices, and in each case, free and clear of liens other than Permitted Encumbrances. The Borrower shall not, prior to the filing of the Deed of Trust, permit any activity to be undertaken on or with respect to the Project which could give rise to a mechanics’, materialmen’s or other statutory lien on the Project Site or any portion thereof, including without limitation any lien arising under or described in Title 15 of the California Civil Code (Section 3083 et seq.).
Maintenance of Title. Client shall keep each and every item of Software and all Updates, free and clear of any and all claims, liens, and encumbrances attributable to the use or possession of the Software by Client. Any act of Client, whether voluntary or involuntary, purporting to create a claim or encumbrance on any such item shall be void.
Maintenance of Title. The Company shall maintain (a) good title to the Property owned by the Company free and clear of Liens, other than Permitted Liens; (b) legal and valid and subsisting leasehold interests to the Properties leased by the Company (including the Site), free and clear of Liens, other than Permitted Liens; and (c) legal and valid possessory rights to the Properties possessed and not otherwise held in fee or leased by the Company.
Maintenance of Title. The Borrower (a) shall cause each Subsidiary to maintain a valid easement, leasehold estate (including all rights of way and other rights), license, or permit, as applicable, pursuant to the Real Estate Documents, subject only to the Permitted Liens; and (b) shall, and shall cause each Subsidiary to, maintain good and indefeasible title to all of its and such Person’s other respective material personal properties and assets (other than properties and assets disposed of in the Ordinary Course of Business or as otherwise permitted by this Agreement) related to each Project, in each case, subject only to Permitted Liens.
