Common use of Ownership of Assets; Specific Permitted Liens Clause in Contracts

Ownership of Assets; Specific Permitted Liens. Each Company owns, and possesses its Property free and clear of any and all Liens except for Permitted Liens. No Company has any commitment or obligation (contingent or otherwise) to grant any Liens except for Permitted Liens. Schedule 4.01(j) attached hereto, or as updated from time to time by each Compliance Certificate, contains a true and complete list of the Specific Permitted Liens.

Appears in 4 contracts

Samples: Credit Agreement (Tilray Brands, Inc.), Credit Agreement (Tilray Brands, Inc.), Credit Agreement (Tilray, Inc.)

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Ownership of Assets; Specific Permitted Liens. Each Company owns, and possesses its Property property free and clear of any and all Liens except for Permitted Liens. No Company has any commitment or obligation (contingent or otherwise) to grant any Liens except for Permitted Liens. No event has occurred which constitutes, or which with the giving of notice, lapse of time or both would constitute, a material default under any Lien which has been granted by any of the Companies. Schedule 4.01(j6.01(i) attached hereto, or as updated from time to time by each Compliance Certificate, hereto contains a true and complete list of the Specific Permitted Liens.

Appears in 3 contracts

Samples: Credit Agreement (Merus Labs International Inc.), Credit Agreement (Merus Labs International Inc.), Agreement (Tucows Inc /Pa/)

Ownership of Assets; Specific Permitted Liens. Each Company owns, possesses and possesses has a good and marketable title to its Property undertaking, property and assets, free and clear of any and all Liens except for Permitted Liens. No Company has any commitment or obligation (contingent or otherwise) to grant any Liens except for Permitted Liens. No event has occurred which constitutes, or which with the giving of notice, lapse of time or both would constitute, a material default under any Permitted Lien. Schedule 4.01(j4.01(i) attached hereto, or as updated from time to time by each Compliance Certificate, hereto contains a true and complete list of the Specific Permitted Liens.

Appears in 2 contracts

Samples: Amended and Restated Credit Agreement, Amended and Restated Credit Agreement

Ownership of Assets; Specific Permitted Liens. Each Company owns, and possesses its Property property free and clear of any and all Liens except for Permitted Liens. No Company has any commitment or obligation (contingent or otherwise) to grant any Liens except for Permitted Liens. No event has occurred which constitutes, or which with the giving of notice, lapse of time or both would constitute, a material default under any Lien which has been granted by any of the Companies. Schedule 4.01(j7.01(i) attached hereto, or as updated from time to time by each Compliance Certificate, hereto contains a true and complete list of the Specific Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Merus Labs International Inc.)

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Ownership of Assets; Specific Permitted Liens. Each Company owns, and possesses its Property property free and clear of any and all Liens except for Permitted Liens. No Company has any commitment or obligation (contingent or otherwise) to grant any Liens except for Permitted Liens. No event has occurred which constitutes, or which with the giving of notice, lapse of time or both would constitute, a material default under any Lien which has been granted by any of the Companies. Schedule 4.01(j8.01(i) attached hereto, or as updated from time to time by each Compliance Certificate, hereto contains a true and complete list of the Specific Permitted Liens.

Appears in 1 contract

Samples: First Amended And (Tucows Inc /Pa/)

Ownership of Assets; Specific Permitted Liens. Each Company owns, owns and possesses its Property undertaking, property and assets free and clear of any and all Liens except for Permitted Liens. No Company has any commitment or obligation (contingent or otherwise) to grant any Liens except for Permitted Liens. Schedule 4.01(j4.01(i) attached hereto, or as updated from time to time by each Compliance Certificate, hereto contains a true and complete list of the Specific Permitted Liens. No event has occurred which constitutes, or which with the giving of notice, lapse of time or both would constitute, a material default under any said Specific Permitted Lien.

Appears in 1 contract

Samples: Credit Agreement (Motorcar Parts America Inc)

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