Ownership of Charged Property Sample Clauses

Ownership of Charged Property it is the sole beneficial owner of the Charged Property, or the SEOCH Participant has obtained assurances from each person as it considers may have any beneficial or equitable interest or Rights in or over the Charged Property that:
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Ownership of Charged Property. Each Obligor is the sole legal and beneficial owner of the Charged Property over which it purports to grant a Security Interest under the Security Documents.
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Ownership of Charged Property. The Recipient is the legal and beneficial owner of the Charged Property and has good and marketable title to the Property.
Sample 1
Ownership of Charged Property. The Security Obligors are the legal and beneficial owners of the Charged Property.
Sample 1
Ownership of Charged Property. The Borrower is the only legal and beneficial owner of the Charged Property free from any Encumbrance other than the Encumbrances created by this debenture.
Sample 1

Related to Ownership of Charged Property

  • Ownership of Property Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

  • Ownership of Equipment Any equipment purchased by or furnished to the Grantee by the State under this grant agreement is provided on a loan basis only and remains the property of the State.

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