Properties and Subsidiaries. (a) The Borrower has good title to, or valid leasehold interests in, all real and personal property owned by it that is material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently contemplated or to use such properties for their intended purpose.
Appears in 5 contracts
Samples: Credit Agreement, Credit Agreement (Madison Square Garden Sports Corp.), Credit Agreement (Madison Square Garden Sports Corp.)
Properties and Subsidiaries. (a) The Borrower has good title to, or valid leasehold interests in, all real and personal property owned by it that itthat is material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently contemplated or to use such properties for their intended purpose, except where the failure to do so would not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Madison Square Garden Sports Corp.)
Properties and Subsidiaries. (a) The Borrower has good title to, or valid leasehold interests in, all real and personal property owned by it that is material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently contemplated or to use such properties for their intended purpose, except where the failure to do so would not reasonably be expected to have a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Madison Square Garden Sports Corp.)
