Properties and Liens. (a) Each Company has good and marketable title in fee simple to, or a valid leasehold interest in, all material property reflected on the Current Financials (other than for property that is obsolete or that has been disposed of in the ordinary course of business or as otherwise permitted by Section 10.10 or Section 10.11).
Appears in 10 contracts
Samples: Credit Agreement (Vail Resorts Inc), Credit Agreement (Vail Resorts Inc), Credit Agreement (Vail Resorts Inc)
Properties and Liens. (a) Each Company has good and marketable title in fee simple to, or a valid leasehold interest in, to all its material property reflected on the Current Financials (other than for property that is obsolete or that has been disposed of in the ordinary course of business or or, after the date of this Agreement, as otherwise permitted by Section 10.10 SECTION 9.10 or Section 10.11SECTION 9.11).
Appears in 2 contracts
Samples: Credit Agreement (Vail Resorts Inc), Credit Agreement (Vail Resorts Inc)
Properties and Liens. (a) Each Company has good and marketable title in fee simple to, or a valid leasehold interest in, to all its material property reflected on the Current Financials (other than for property that is obsolete or that has been disposed of in the ordinary course of business or or, as otherwise permitted by Section 10.10 9.10 or Section 10.119.11).
Appears in 1 contract
Samples: Credit Agreement (Vail Resorts Inc)
Properties and Liens. (a) a Each Company has good and marketable title in fee simple to, or a valid leasehold interest in, to all its material property reflected on the Current Financials (other than for property that is obsolete or that has been disposed of in the ordinary course of business or or, after the date of this Agreement, as otherwise permitted by Section 10.10 SECTION 9.10 or Section 10.11).SECTION 9.11
Appears in 1 contract
Samples: Credit Agreement (Vail Resorts Inc)
Properties and Liens. (a) Each Company has good and marketable title in fee simple to, or a valid leasehold interest in, all material property reflected on the Current Financials (other than for property that is obsolete or that has been disposed of in the ordinary course of business or as otherwise permitted by Section 10.10 or Section 10.11).9.10
Appears in 1 contract
Samples: Revolving Credit and Term Loan Agreement (Vail Resorts Inc)