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.
Appears in 10 contracts
Samples: Senior Term Loan Agreement (Prologis, L.P.), Revolving Credit Agreement (Prologis, L.P.), Term Loan Agreement (Prologis, L.P.)
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.
Appears in 8 contracts
Samples: Revolving Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.), Global Senior Credit Agreement (Prologis, L.P.)
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.
Appears in 7 contracts
Samples: Credit Agreement (Navigant Consulting Inc), Credit Agreement (Flir Systems Inc), Credit Agreement (Navigant Consulting Inc)
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.
Appears in 6 contracts
Samples: Unsecured Credit Agreement (Empire District Electric Co), Unsecured Credit Agreement (Empire District Electric Co), Unsecured Credit Agreement (Empire District Electric Co)
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.
Appears in 5 contracts
Samples: Credit Agreement (Ufp Technologies Inc), Credit Agreement (Wd 40 Co), Credit Agreement (Ufp Technologies Inc)
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.
Appears in 4 contracts
Samples: Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc), Credit Agreement (Sonic Automotive Inc)
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.
Appears in 4 contracts
Samples: Credit Agreement (Revvity, Inc.), Credit Agreement (Perkinelmer Inc), Term Loan Credit Agreement (Perkinelmer Inc)
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.
Appears in 3 contracts
Samples: Term Loan Agreement (CIM Commercial Trust Corp), Credit Agreement (CIM Commercial Trust Corp), Credit Agreement (CIM Commercial Trust Corp)
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.
Appears in 2 contracts
Samples: Credit Agreement (Carmax Inc), Credit Agreement (Carmax Inc)
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.
Appears in 2 contracts
Samples: Credit Agreement (Life Technologies Corp), Credit Agreement (Life Technologies Corp)
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.
Appears in 2 contracts
Samples: Credit Agreement (Flir Systems Inc), Credit Agreement (Flir Systems Inc)
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.
Appears in 1 contract
Samples: Letter of Credit Reimbursement Agreement (Reinsurance Group of America Inc)
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.
Appears in 1 contract
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.
Appears in 1 contract
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.
Appears in 1 contract
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.
Appears in 1 contract
Samples: Credit Agreement (Flir Systems Inc)
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.
Appears in 1 contract
Samples: Credit Agreement (Ryland Group Inc)
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.
Appears in 1 contract