Common use of Ownership of Property; Liens Clause in Contracts

Ownership of Property; Liens. Each Loan Party and 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its respective Restricted Subsidiaries has good and valid record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for such minor defects in title as could not, individually that do not materially interfere with its ability to conduct its business or in to utilize such assets for their intended purposes and Liens permitted by Section 7.01 and except where the aggregate, failure to have such title or other interest would not reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each of Loan Party and 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for such minor defects in title as that do not materially interfere with its ability to conduct its business or to utilize such assets for their intended purposes and Liens permitted by Section 7.01 and except where the failure to have such title could notnot reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each of the Loan Party Parties and its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all real property Real Property necessary or used in the ordinary conduct of its business, except for such defects in title as could not, individually or in . No Property of the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party Parties and its their Subsidiaries is subject to no any Liens, other than Permitted Liens.

Ownership of Property; Liens. Each of Borrower and each other Loan Party and its Subsidiaries has good record and marketable valid title in fee simple to, or valid leasehold interests in, in all real property reasonably necessary or used in the ordinary conduct of its business, except for such defects exceptions in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of Borrower and each other Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. (a) Each Loan Party and each of its Restricted 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. . (b) The property of each Loan Party and each of its Restricted Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. (a) Each Loan Party and each of its Restricted 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. . (b) The property of each Loan Party and each of its Restricted Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its Restricted Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for (i) as set forth on Schedule 5.08, (ii) Liens permitted by Section 7.01 or (iii) where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its each of the Restricted Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for (i) Liens permitted by Section 9.1 and (ii) where the failure to have such defects in title as could notor other interest would not reasonably be expected to result in, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 9.1 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple toto all property purported to be owned by it, or valid leasehold interests in, free and clear of all real property necessary or used in the ordinary conduct of its business, Liens except for such minor defects in title as that do not materially interfere with its ability to conduct its business or to utilize such assets for their intended purposes and Liens permitted by Section 7.01 and except where the failure to have such title could notnot reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has have good record and marketable title in fee simple to, or valid leasehold interests in, all its real and personal property necessary or used in the ordinary conduct of its business, except for such defects in title as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The , and the property of each Loan Party the MLP, the Borrower and its their respective Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Subsidiary 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. (a) 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. . (b) The property of each Loan Party and each of its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Restricted Subsidiary has good record and marketable title in fee simple (or similar concept under the Law of any applicable jurisdiction) to, or valid leasehold interests (or similar concept under the Law of any applicable jurisdiction) in, all real property necessary or used in the ordinary conduct of its business, except for such defects in title as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each the Loan Party Parties and its the Restricted Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and each of its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its respective 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Restricted Subsidiary 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 or adversarial claims with respect to defects in leasehold interests, as the case may be, as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Restricted Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or a valid leasehold interests interest 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. 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 (i) Permitted Liens or (ii) such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. 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 Property material to 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Credit Party and 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. The property Each Real Property is in material compliance with all instruments, agreements and other matters of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liensrecord.

Ownership of Property; Liens. Each Loan Party and 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. The property of each the Loan Party and its Subsidiaries Parties is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Restricted Subsidiaries has good record and marketable title in fee simple (or local law equivalents thereto) to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its respective Subsidiaries has good and valid record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Restricted 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, and good title to all personal property necessary or used in the ordinary conduct of its business, except in each case for such defects in title or interests as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Restricted Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. 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. The property of each Loan Party the Borrower and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01 or created pursuant to any Loan Document.

Ownership of Property; Liens. Each Loan Party and each of its Material 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. The property of each Loan Party and its Material Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Subsidiary thereof has good record and marketable title in fee simple to, or valid leasehold interests in, all personal property and real property necessary or used in the ordinary conduct of its businessbusiness (including the assets reflected on its most recent balance sheet), except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party Parties and its their Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. 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. The No property of each any Loan Party and or any of its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. (a) Each Loan Party and each of its Restricted 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. . (b) The property of each Loan Party and each of its Restricted Subsidiaries is subject to no Liens, other than Permitted LiensEncumbrances.

Ownership of Property; Liens. Each Loan Party and 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 Except as could not, individually or in the aggregate, not reasonably be expected to have a Material Adverse Effect. The property of , each Loan Party has title in fee simple to, or a valid leasehold interest in, all its real property, and good title to, or a valid leasehold interest in, all its Subsidiaries other property, and none of such property, except for minor defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties and assets for their intended purposes is subject to no Liens, other than Permitted Liensany Lien except as permitted by Section 7.3.

Ownership of Property; Liens. 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 Property material to 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 9.1 and except where the failure to have such defects in title as or other interest could notnot reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. 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. The property of each Loan Party and each of its Subsidiaries is subject to no Liens, other than Permitted Liensas permitted by Section 7.1.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable insurable 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 9.1 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its respective Restricted Subsidiaries has good and valid record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 9.1 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. 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 material to its business, except for such defects in title as could not, individually or in to the aggregate, extent any failure to do so would not reasonably be expected to have a Material Adverse Effect. The property of each Loan Party the Borrower and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Restricted Subsidiaries has good record and marketable indefeasible title in fee simple to (or legal and beneficial title to, as applicable in the relevant jurisdiction), or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for such minor defects in title as could not, individually that do not materially interfere with its ability to conduct its business or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party utilize such assets for their intended purposes and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and 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, and good title to all personal property necessary or used in the ordinary conduct of its business, except in each case for such defects in title or interests as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its respective Restricted Subsidiaries has good and valid record and marketable title in fee simple to, or good and valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Permitted Liens and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each of the Loan Party and its Subsidiaries Parties 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. The As of the Effective Date, the property of each of the Loan Party and its Subsidiaries Parties is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens. All properties of each Loan Party are in good working order and condition.

Ownership of Property; Liens. Each Loan such Credit Party and 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. The property of each Loan such Credit Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted under Section 7.3.

Ownership of Property; Liens. (a) 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. . (b) The property of each Loan Party and each of its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each of the Loan Party Parties and its Subsidiaries each Subsidiary 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. The property of each the Loan Party and its Subsidiaries Parties is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Subsidiary 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 or adversarial claims with respect to defects in leasehold interests, as the case may be, as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its Restricted 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. 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. The property of each Loan Party and each of its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or (i) have valid leasehold interests in, in all its leased real property and (ii) have good title to all its personal and real property (other than its leased real property) necessary or used in the ordinary conduct of its business, except for such defects in title as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party the MLP, the Borrower and its their respective Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has have good record and marketable title in fee simple to, or valid leasehold interests in, all its real and personal property necessary or used in the ordinary conduct of its business, except for such defects in title as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The , and the property of each Loan Party the Borrower and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Such Credit Party and its Subsidiaries has have 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan such Credit Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and 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 or interest as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Subsidiary 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 would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of the Loan Parties and each Loan Party and its Subsidiaries Subsidiary is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries Company 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all real property Property necessary or used in the ordinary conduct of its business, except for such defects in title as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property None of each the Property of any Loan Party and its Subsidiaries is subject to no Liens, any Liens other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its each of their Restricted 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and 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. The property of each the Loan Party Parties and its their Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has have 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. The property of each Loan Party and its Subsidiaries is are subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01. None of the equipment currently used by any Loan Party in connection with their product manufacturing lines is leased.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has have good record and marketable title in fee simple to, or valid leasehold interests in, all real property which they use in their respective businesses, and each Loan Party and its Subsidiaries have good and marketable title to all of the other property necessary or used in the ordinary conduct of its their business, except for and none of such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liensany Lien, other than Permitted Liensexcept as permitted in Section 7.02.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or a valid leasehold interests interest in, all its material real property necessary property, and good title to, or used in the ordinary conduct of a valid leasehold interest in, all its businessother material Property, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property , and none of each Loan Party and its Subsidiaries such Property is subject to no Liens, other than Permitted Liensany Lien except Liens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Restricted Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 9.1 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each of the Loan Party Parties and each of its respective 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. The property of each Loan Party and each of its respective Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Restricted Subsidiaries has good record and marketable valid title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct Material Real Property, free and clear of its business, all Liens except for such minor defects in title as that do not materially interfere with its ability to conduct its business or to utilize such assets for their intended purposes and Liens permitted by Section 7.01, except where the failure to have such title could notnot reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each of the Loan Party Parties and its Subsidiaries each Subsidiary has good record and marketable insurable 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. The property Property of each the Loan Party Parties and its their Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its Restricted Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan such Credit Party and 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. The property of each Loan such Credit Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted under Section 8.3.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Subsidiary 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. The property of each the Loan Party Parties and its their Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or a valid leasehold interests interest in, all its material real property necessary property, and good title to, or used a valid leasehold interest in, all its other material property, in the ordinary conduct of its business, each case except for such minor defects in title as could notthat do not materially interfere with its ability to conduct its business or utilize such assets for their intended purposes, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The and none of such property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liensany Lien except as permitted by Section 7.3.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, all real property material Property necessary or used in the ordinary conduct of its business, except for such defects in title as could would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property There is no Lien on any Property of each any Loan Party and its Subsidiaries is subject to no LiensParty, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for Liens permitted by Section 9.1 and except where the failure to have such defects in title as or other interest could notnot reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Such Loan Party and 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. The property of each such Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Such Loan Party and its Subsidiaries has have 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 Permitted Liens and such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each such Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Subsidiary 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 businessbusiness and purported to be owned or leased by such Loan Party or such Subsidiary, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable indefeasible title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for such minor defects in title as could not, individually that do not materially interfere with its ability to conduct its business or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party utilize such assets for their intended purposes and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary owned or used in the ordinary conduct by it free and clear of its business, all Liens except for Liens permitted by Section 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each of the Loan Party and its Subsidiaries Parties has good record and marketable title in fee simple to, to or valid leasehold interests inin or other rights to use or operate, 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. The property Each of each the Loan Party Parties has good and its Subsidiaries is subject marketable title to, valid leasehold interests in, or valid licenses to no Liens, other than Permitted Liens.use all

Ownership of Property; Liens. Each Loan Party and 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 material to 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. 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. The property of each Loan Party the Borrower and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and each of its Subsidiaries has good record and marketable title in fee simple to, or valid leasehold interests in, or easements or other limited property interests in, all real property necessary or used in the ordinary 100 J. Crew Term Loan Credit Agreement conduct of its business, free and clear of all Liens except for Liens permitted by Section 7.01 and except where the failure to have such defects in title as could notor other interest would not reasonably be expected to have, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party Party, each Target Company Guarantor and its each of their Subsidiaries has have 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. The property of each Loan Party Party, each Target Company Guarantor and its each of their Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and its the Material 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. The property of each Loan Party and its the Material Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and each of its Restricted Subsidiaries has good record and marketable indefeasible title in fee simple to, or valid leasehold interests in, all real property necessary or used in the ordinary conduct of its business, free and clear of all Liens except for such minor defects in title as could not, individually that do not materially interfere with its ability to conduct its business or in the aggregate, reasonably be expected to have a Material Adverse Effect. The property of each Loan Party utilize such assets for their intended purposes and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and 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 Permitted Liens and such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The real and personal property of each Loan Party Borrower and its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. (a) Each Loan Party and each of its Restricted 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. . (a) The property of each Loan Party and each of its Restricted Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Subsidiary thereof 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries each Subsidiary 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. The No property of each any Loan Party and its Subsidiaries is subject to no any Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries has good record and marketable valid title in fee simple toin, 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. The property of each the Loan Party Parties and its their respective Subsidiaries is subject to no Liens, other than Permitted LiensLiens permitted by Section 7.01.

Ownership of Property; Liens. (a) Each Loan Party and each of its Restricted 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.​ ​

Ownership of Property; Liens. Each of the Loan Party and its Subsidiaries Parties 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. The As of the Amendment and Restatement Effectiveness Date, the property of each of the Loan Party and its Subsidiaries Parties is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. (a) 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. . (b) The property of each Loan Party and each of its Subsidiaries is subject to no Liens, other than Permitted Liens.

Ownership of Property; Liens. Each Loan Party and its Subsidiaries and, to Borrower’s knowledge, each Material Subsidiary 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. The property of each Loan Party and its Subsidiaries is subject to no Liens, other than Permitted Liens.