Common use of Peaceable Possession Clause in Contracts

Peaceable Possession. Grantor's possession of the Mortgaged Property has been peaceable and undisturbed and, to Grantor's actual knowledge, the title thereto has never been disputed or questioned, and the Grantor does not know of any facts by reason of which any adverse claim to any part of the Mortgaged Property or to any undivided interest therein might be set up or made.

Appears in 2 contracts

Samples: Credit Agreement (Integrated Defense Technologies Inc), Credit Agreement (Integrated Defense Technologies Inc)

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Peaceable Possession. Grantor's possession of the Mortgaged Property has been peaceable and undisturbed and, to the best of the Grantor's actual knowledge, after due inquiry, the title thereto has never been disputed or questioned, and the Grantor does not know of any facts by reason of which any adverse claim to any part of the Mortgaged Property or to any undivided interest therein might be set up or made.

Appears in 1 contract

Samples: Security Agreement (Ackerley Group Inc)

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Peaceable Possession. Grantor's possession of the Mortgaged Property has been peaceable and undisturbed and, to Grantor's actual knowledge, the title thereto has never been is not disputed or questionedquestioned (except for disputes or questions related to a de minimus portion of the Mortgaged Property that could not reasonably be expected to result in an impairment of the value or marketability of the Mortgaged Property), and the Grantor does not know of any facts by reason of which any material adverse claim to any part of the Mortgaged Property or to any undivided interest therein might be set up or made.

Appears in 1 contract

Samples: Credit Agreement (Longview Fibre Co)

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