Common use of Ownership of Properties; Liens Clause in Contracts

Ownership of Properties; Liens. Each of the Borrower and each of its Restricted Subsidiaries owns good and, in the case of real property, sufficient title to 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) that individually or in the aggregate are Material, free and clear of all Liens, charges and claims (including infringement claims with respect to patents, trademarks, service marks, copyrights and the like) except as permitted by Section 7.02.

Appears in 4 contracts

Samples: Credit Agreement (Aar Corp), Credit Agreement (Aar Corp), Credit Agreement (Aar Corp)

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Ownership of Properties; Liens. Each of the Borrower and each of its Restricted Subsidiaries Subsidiary owns good and, in the case of real property, sufficient marketable title to 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) that individually or in the aggregate are Material), free and clear of all Liens, charges and claims (including infringement claims with respect to patents, trademarks, service marks, copyrights and the like) except as permitted by Section 7.027.2.

Appears in 2 contracts

Samples: Credit Agreement (American Coin Merchandising Inc), Credit Agreement (American Coin Merchandising Inc)

Ownership of Properties; Liens. Each of the Borrower Borrower, and each Subsidiary of its Restricted Subsidiaries each Borrower, owns good and, in the case of real property, sufficient marketable title to all of its material properties and assets, real and personal, tangible and intangible, of any nature whatsoever (including patents, trademarks, trade names, service marks and copyrights) that individually or in the aggregate are Material), free and clear of all Liens, charges and claims (including infringement claims with respect to patents, trademarks, service marks, copyrights and the like) except as permitted by Section 7.0211.8.

Appears in 2 contracts

Samples: Credit Agreement (Thane International Inc), Credit Agreement (Thane International Inc)

Ownership of Properties; Liens. Each of the Borrower, Co-Borrower and each of its Restricted Subsidiaries Subsidiary owns good and, in the case of real property, sufficient marketable title to 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) that individually or in the aggregate are Material), free and clear of all Liens, charges and claims (including infringement claims with respect to patents, trademarks, service marks, copyrights and the like) ), except as permitted by Section 7.027.2.

Appears in 1 contract

Samples: Credit Agreement (5.11 Abr Corp.)

Ownership of Properties; Liens. Each of the Borrower Parent and each of its Restricted Subsidiaries owns good and, in the case of real property, sufficient marketable title to all of its material properties and assets, real and personal, tangible and intangible, of any nature whatsoever (including patents, trademarks, trade names, service marks and copyrights) that individually or in the aggregate are Material), free and clear of all Liens, charges and claims (including infringement claims with respect to patents, trademarks, service marks, copyrights and the like) except as permitted by Section 7.0211.2.

Appears in 1 contract

Samples: Credit Agreement (Baldwin Technology Co Inc)

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Ownership of Properties; Liens. Each of the Borrower Company and each of its Restricted Subsidiaries owns good and, in the case of real property, sufficient title to 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) that individually or in the aggregate are Material, free and clear of all Liens, charges and claims (including infringement claims with respect to patents, trademarks, service marks, copyrights and the like) except as permitted by Section 7.0211.2.

Appears in 1 contract

Samples: Credit Agreement (Aar Corp)

Ownership of Properties; Liens. Each of the Borrower and each of its Restricted Subsidiaries owns good and, in the case of real property, sufficient marketable title to 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) that individually or in the aggregate are Material), free and clear of all Liens, charges and claims (including infringement claims with respect to patents, trademarks, service marks, copyrights and the like) except as permitted by Section 7.0210.8.

Appears in 1 contract

Samples: Credit Agreement (Reinhold Industries Inc/De/)

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