Common use of Ownership of Property Clause in Contracts

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

Ownership of Property. Each The Company and each of its Subsidiaries has good record and marketable title in fee simple to, or valid trust beneficiary interests or 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 Property. Each of the Company and each Subsidiary has good record and marketable title in fee simple to, or valid trust beneficiary interests or leasehold interests in, all real property necessary or used in the ordinary conduct of its businessbusiness (including, good record and marketable title in fee simple to the Mortgaged Properties), except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. The Collateral is subject to no Liens, other than Liens permitted by Section 7.01.

Ownership of Property. Each of the Company and each Subsidiary has good record and marketable title in fee simple or the local equivalent thereof to, or valid trust beneficiary interests or leasehold interests in, all material 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 Property. Each Company and each of its Subsidiaries has good record and marketable title in fee simple to, or valid trust beneficiary interests or 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 Property. Each of the Company and each Subsidiary has good record and marketable title in fee simple to, or valid trust beneficiary interests or leasehold interests inin or other contractual rights to use, all real property necessary or used in the ordinary conduct of its business, except for where the failure to have such defects in title as title, interest or other right could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Ownership of Property. Each Group Company has good record and marketable title in fee simple (or the equivalent under local law or regulation) to, or valid trust beneficiary interests or 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 Property. Each of the Company and its Subsidiaries has good record and marketable title in fee simple to, or valid trust beneficiary interests or 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.

Ownership of Property. Each of the Company and each Subsidiary has good record and marketable title in fee simple to, or valid trust beneficiary interests or 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.

Ownership of Property. Each The Company and each of its Subsidiaries has good record and marketable title in fee simple to, or valid trust beneficiary interests or 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 Property. Each of the Company and each Subsidiary has good record and marketable title in fee simple to, or valid trust beneficiary interests or 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 Property. Each of the Company has and its Subsidiaries have good record and marketable title in fee simple to, or valid trust beneficiary interests or leasehold interests inin or other rights to use, all real property necessary or used in the ordinary conduct of its businesstheir respective businesses, except for such defects in title or interest as could not, individually or in the aggregate, reasonably be expected to have result in a Material Adverse Effect.

Ownership of Property. Each of the Company and its Subsidiaries has good record and marketable title in fee simple to, or valid trust beneficiary interests or 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 Property. Each of the Company and its Restricted Subsidiaries has good record and marketable title in fee simple to, or a valid trust beneficiary interests or leasehold interests interest in, all its real property necessary or used in the ordinary conduct of property, and good title to all its businessother property, except for such defects in title that do not interfere in any material respect with its ability to conduct its business as could notcurrently conducted or to utilize such properties for their intended purposes, individually or in the aggregate, reasonably be expected and none of such property is subject to have a Material Adverse Effectany Lien except as permitted by subsection 7.3.

Ownership of Property. Each of the Company and its Subsidiaries has good record and marketable title in fee simple to, or valid trust beneficiary interests or 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.