Common use of Ownership of Property and No Other Liens Clause in Contracts

Ownership of Property and No Other Liens. (a) Each Grantor has fee simple title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its Pledged Collateral, and none of such property is subject to any Lien, claim, option or right of others, except for the security interest granted to Lender and Permitted Liens. No Person other than Lender has control or possession of all or any part of the Pledged Collateral, except as permitted by the Credit Agreement.

Ownership of Property and No Other Liens. (a) Each Such Grantor has fee simple title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its Pledged Collateral, and none of such property is subject to any Lien, claim, option or right of others, except for the security interest granted to Lender and Permitted Liens. No Person other than Lender has control or possession of all or any part of the Pledged CollateralCollateral of such Grantor, except as permitted by the Credit Agreement.

Ownership of Property and No Other Liens. (a) Each Grantor has fee simple title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its Pledged Collateral, and none of such property is subject to any Lien, claim, option or right of others, except for the security interest granted to Lender the Collateral Agent for the ratable benefit of the Secured Parties and Permitted LiensLiens permitted under the Loan Agreement. No Person other than Lender the Collateral Agent has control or possession of all or any part of the Pledged Collateral, except as permitted by the Credit Loan Agreement.

Ownership of Property and No Other Liens. (a) Each Grantor has fee simple title to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its Pledged Collateral, and none of such property is subject to any Lien, claim, option or right of others, except for the security interest granted to Lender the Collateral Agent for the ratable benefit of the Secured Parties and Permitted LiensLiens permitted under the Security Documents. No Person other than Lender the Collateral Agent has control or possession of all or any part of the Pledged Collateral, except as permitted by the Credit AgreementSecurity Documents.