Properties Generally. Each of the Company and its Restricted Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.
Appears in 10 contracts
Samples: Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De), Credit Agreement (Lamar Media Corp/De)
Properties Generally. Each of the Company Borrower and its Restricted Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.
Appears in 2 contracts
Samples: Credit Agreement (Lamar Advertising Co/New), Credit Agreement (Ohio Logos Inc)
Properties Generally. Each Obligor and each of the Company and its Restricted Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor (i) defects in title that do not interfere in any material respect with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposespurposes and (ii) Liens permitted under Section 8.02.
Appears in 2 contracts
Samples: Credit Agreement (Foster Wheeler Ag), Credit Agreement (Foster Wheeler Ag)
Properties Generally. Each of the Company Obligor and its Restricted Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor (i) defects in title that do not interfere in any material respect with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposespurposes and (ii) Liens permitted under Section 8.02.
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Properties Generally. Each of the Company and its Restricted Subsidiaries has good title to, or valid leasehold interests in, all its real and personal property material to its business, except for minor defects in title that do not interfere with its ability to Credit Agreement conduct its business as currently conducted or to utilize such properties for their intended purposes.
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