Ownership of Assets; Liens. Each of Borrower and its Consolidated Subsidiaries has good title to all of its assets. There are no Liens against any of such assets except for Liens permitted by SECTION 9.3.
Ownership of Assets; Liens. IPCo has good, valid and marketable title to all of its Assets. None of the Assets of IPCo are subject to any Liens, other than (a) the Legal Mortgage of Alibaba Shares, (b) the IPCo Asset Charge and (c) inchoate Liens imposed by Law incurred in the ordinary course of business (on Assets other than the Alibaba Shares) not yet due and payable which do not relate to Indebtedness.
Ownership of Assets; Liens. Each of the Borrower and its Consolidated Subsidiaries has and (after giving effect to the Combination and at all times thereafter) will have title to its Properties and other assets (tangible and intangible) sufficient for the conduct of its business, and none of such Properties or other assets is or (after giving effect to the Combination and at all times thereafter) will be subject to any Lien except for Liens permitted by Section 6.14.
Ownership of Assets; Liens. Each Borrower has (or in the case of Subordinated CMBS Tranches, the QRS will have) good title to all of its Eligible Assets. There are no Liens against any of such Eligible Assets except for Permitted Liens described in clause (a) of the definition of such term.
Ownership of Assets; Liens. Each of the Borrower and its Consolidated Subsidiaries is the owner (or lessee) of, and in the case of owned assets has good and marketable title to, all of its respective assets, and none of its respective assets is subject to any Lien except as permitted in Section 5.07.
Ownership of Assets; Liens. Borrower and each of its Restricted Subsidiaries owns good and marketable title to all of its properties and assets, real and personal, tangible and intangible, of any nature whatsoever which are material to the operation of its respective business. None of the Collateral or other property, revenues or assets of the Borrower or any of its Restricted Subsidiaries is subject to any Lien (including but not limited to Liens pursuant to Capitalized Leases under which the Borrower or any of its Subsidiaries is a lessee) except: (a) Liens disclosed in the financial statements referred to in SECTION 7.6; (b) Liens arising after the Effective Date which are permitted under SECTION 8.16 ("Permitted Liens"); and (c) Liens in existence on the Effective Date and listed on ITEM 7.9 of the Disclosure Schedule.
Ownership of Assets; Liens. Subject only to immaterial -------------------------- defects, Borrower and each of its Subsidiaries owns good and marketable title to all of its properties and assets, real and personal, tangible and intangible. None of the property, revenues or assets of Borrower or any of its Material Subsidiaries is subject to any Lien (including but not limited to Liens pursuant to Capitalized Leases under which Borrower or any of its Subsidiaries is a lessee) except: (a) Liens disclosed in the financial statements referred to in SECTION 7.6; (b) Liens existing on or arising after the date of this Agreement ----------- which are permitted under SECTION 8.16; and (c) Liens in existence on the date ------------ of this Agreement and listed on ITEM 7.9 of the Disclosure Schedule (all of the -------- foregoing being collectively referred to as "Permitted Liens"). ---------------
Ownership of Assets; Liens. Each Guarantor, each Borrower and each Subsidiary of each of the foregoing has title in fee simple to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its other Assets, and none of such Assets is subject to any Lien except as permitted by Section 8(c).
Ownership of Assets; Liens. Borrower has (a) good and indefeasible title to its real property (including without limitation the real property covered by the Deed of Trust), (b) a vested leasehold interest in all of its leaseholds, and (c) good title to its personal property, all as reflected on the Current Financials (except for property that has been disposed of as permitted by Section 10.8). Except for Permitted Liens, no Lien exists on any property of Borrower.
Ownership of Assets; Liens. Borrower and each of its Subsidiaries owns good and marketable title to all of its properties and assets, real and personal, tangible and intangible, of any nature whatsoever which are material to the operation of its respective business. None of such property, revenues or assets of the Borrower or any of its Subsidiaries is subject to any Lien except: (a) Liens disclosed in the financial statements referred to in Section 11.6, (b) Liens listed on Schedule 11.9, and (c) Permitted Encumbrances.
