Common use of Ownership of Properties; Liens Clause in Contracts

Ownership of Properties; Liens. Each Loan Party and Subsidiary thereof owns good title to (and, in the case of (a) real property owned in fee simple, marketable title to, or (b) in the case of leased real property, a valid leasehold interest in) all of its properties and assets, real and personal, tangible and intangible, of any nature whatsoever (including patents, trademarks, trade names, service marks and copyrights), free and clear of all Liens, charges, and claims (including infringement claims with respect to any registered or issued patents, trademarks, service marks, and copyrights owned by that Loan Party and/or that Subsidiary), except for Permitted Liens. No financing statement or other public notice with respect to all or any part of the Collateral is on file or of record in any public office, except filings evidencing Permitted Liens and filings for which termination statements have been delivered to Administrative Agent.

Appears in 6 contracts

Samples: Credit Agreement (AgileThought, Inc.), Credit Agreement (AgileThought, Inc.), Credit Agreement (AgileThought, Inc.)

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Ownership of Properties; Liens. None of the Loan Parties owns any real property. Each Loan Party and Subsidiary thereof each of its Subsidiaries owns good title to (and, in the case of (a) real property owned in fee simple, marketable title to, or (b) in the case of leased real propertyassets, has a valid leasehold interest in) , or in the case of intellectual property rights, has a valid and enforceable rights to use, all of its properties and assets, real and personal, tangible and intangible, of any nature whatsoever (including patents, trademarks, trade names, service marks and copyrights), free and clear of all Liens, charges, charges and claims (including infringement claims with respect to any registered or issued patents, trademarks, service marks, copyrights and copyrights owned by that Loan Party and/or that Subsidiary), the like) except for Permitted LiensLiens permitted by Section 11.2. No financing statement or other public notice with respect to all or any part of the Collateral is on file or of record in any public office, except filings evidencing Permitted Liens permitted by Section 11.2, and filings for which termination statements have been delivered to Administrative Agent.

Appears in 6 contracts

Samples: Term Loan Credit Agreement (Falconstor Software Inc), Term Loan Credit Agreement (Qumu Corp), Term Loan Credit Agreement (Falconstor Software Inc)

Ownership of Properties; Liens. Each of the Loan Party Parties and Subsidiary thereof their Subsidiaries owns good title to (and, in the case of (a) owned real property owned in fee simpleproperty, marketable title to, or (b) and in the case of leased real property, a valid leasehold interest in) , all of its properties and assets, real and personal, tangible and intangible, of any nature whatsoever (including patents, trademarks, trade names, service marks and copyrights), free and clear of all Liens, charges, and claims (including infringement claims with respect to any registered or issued patents, trademarks, service marks, and copyrights owned by that Loan Party and/or that Subsidiary), except for Permitted Liensas permitted by Section 11.2. No financing statement or other public notice with respect to all or any part of the Collateral is on file or of record in any public office, except filings evidencing Permitted Liens and filings for which termination statements have been delivered to Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (American Virtual Cloud Technologies, Inc.), Credit Agreement (Digital Media Solutions, Inc.)

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Ownership of Properties; Liens. Each of the Loan Party Parties and Subsidiary thereof their Subsidiaries owns good title to (and, in the case of (a) owned real property owned in fee simpleproperty, marketable title to, or (b) and in the case of leased real property, a valid leasehold interest in) , all of its properties and assets, real and personal, tangible and intangible, of any nature whatsoever (including patents, trademarks, trade names, service marks and copyrights), free and clear of all Liens, charges, and claims (including infringement claims with respect to any registered or issued patents, trademarks, service marks, and copyrights owned by that Loan Party and/or that Subsidiary), except for Permitted Liensas permitted by Section 11.2. No financing statement or other public notice with respect to all or any part of the Collateral is on file or of record in any public office, except filings evidencing Permitted Liens and filings for which copies of recorded termination statements have been delivered to Administrative Agent.

Appears in 2 contracts

Samples: Credit Agreement (Quest Resource Holding Corp), Credit Agreement (Quest Resource Holding Corp)

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