Properties; Liens. (a) The Company and each Subsidiary has good title to, or valid leasehold interests in, all its real and personal properties and assets 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 its properties and assets for their intended purposes. All such owned properties and assets, and all such leasehold interests, are free and clear of Liens, other than Liens expressly permitted under Section 6.02. (b) The Company and each Subsidiary owns, or is licensed to use, all trademarks, tradenames, copyrights, patents and other intellectual property material to its business, and the use thereof by the Company and the Subsidiaries does not infringe upon the rights of any other Person, except for any such infringements that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.
Appears in 7 contracts
Samples: Revolving Credit Facility Agreement (Albany International Corp /De/), Revolving Credit Facility Agreement (Albany International Corp /De/), Revolving Credit Facility Agreement (Albany International Corp /De/)
Properties; Liens. (a) The Company Each of the Borrower and each Subsidiary its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal properties and assets 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 its such properties and assets for their intended purposes. All such owned properties and assets, and all none of such leasehold interestsproperty is subject to any Lien, are free and clear of Liens, other than Liens expressly except as permitted under by Section 6.026.03.
(b) The Company Each of the Borrower and each Subsidiary its Subsidiaries owns, or is licensed to use, all trademarks, tradenames, copyrights, patents and other intellectual property material to its business, and the use thereof by the Company Borrower and the its Subsidiaries does not infringe upon the rights of any other Person, except for any such infringements that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.
Appears in 5 contracts
Samples: Credit Agreement (Claiborne Liz Inc), Credit Agreement (Claiborne Liz Inc), 364 Day Credit Agreement (Claiborne Liz Inc)
Properties; Liens. (a) The Company and each Subsidiary has its Subsidiaries have good title to, or valid leasehold interests in, all its real and personal properties and assets property material to their respective businesses. There exists no Lien (including any Lien arising out of any attachment, judgment or execution), nor any segregation or other preferential arrangement of any kind, on, in or with respect to any of the property of the Company or any of its businessSubsidiaries, in each case except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize its properties and assets for their intended purposes. All such owned properties and assets, and all such leasehold interests, are free and clear of Liens, other than Liens expressly permitted under by Section 6.027.03.
(b) The Company and each Subsidiary ownsits Subsidiaries own, or is are licensed to use, all trademarks, tradenamestrade names, copyrights, patents and other intellectual property material to its their respective business, and the use thereof by the Company and the Subsidiaries or such Subsidiary does not infringe upon the rights of any other Person, except for any such infringements that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.
Appears in 3 contracts
Samples: Credit Agreement (Quanta Capital Holdings LTD), Credit Agreement (Quanta Capital Holdings LTD), Credit Agreement (Quanta Capital Holdings LTD)
Properties; Liens. (a) The Company Each of the Borrower and each Subsidiary its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal properties and assets 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 its such properties and assets for their intended purposes. All such owned properties and assets, and all none of such leasehold interestsproperty is subject to any Lien, are free and clear of Liens, other than Liens expressly except as permitted under by Section 6.027.03.
(b) The Company Each of the Borrower and each Subsidiary its Subsidiaries owns, or is licensed to use, all trademarks, tradenames, copyrights, patents and other intellectual property material to its business, and the use thereof by the Company Borrower and the its Subsidiaries does not infringe upon the rights of any other Person, except for any such infringements that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Claiborne Liz Inc), Credit Agreement (Claiborne Liz Inc)
Properties; Liens. (a) The Company and each Subsidiary has its Subsidiaries have good title to, or valid leasehold interests in, all its real and personal properties and assets property material to its businesstheir respective businesses. There exists no Lien (including any Lien arising out of any attachment, judgment or execution), nor any segregation or other preferential arrangement of any kind, on, in or with respect to any of the property of the Loan Parties or any of their respective Subsidiaries, in each case except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize its properties and assets for their intended purposes. All such owned properties and assets, and all such leasehold interests, are free and clear of Liens, other than Liens expressly permitted under by Section 6.026.03.
(b) The Company and each Subsidiary ownsits Subsidiaries own, or is are licensed to use, all trademarks, tradenamestrade names, copyrights, patents and other intellectual property material to its businesstheir respective business, and the use thereof by the Company and the Subsidiaries or such Subsidiary, as applicable, does not infringe upon the rights of any other Person, except for any such infringements infringements that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.
Appears in 1 contract
Samples: Letter of Credit and Reimbursement Agreement (Flagstone Reinsurance Holdings LTD)
Properties; Liens. (a) The Each of the Company and each Subsidiary its Subsidiaries has good title to, or valid leasehold interests in, all its real and personal properties and assets 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 its such properties and assets for their intended purposes. All such owned properties and assets, and all none of such leasehold interestsproperty is subject to any Lien, are free and clear of Liens, other than Liens expressly except as permitted under by Section 6.026.03.
(b) The Each of the Company and each Subsidiary its Subsidiaries owns, or is licensed to use, all trademarks, tradenames, copyrights, patents and other intellectual property material to its business, and the use thereof by the Company and the its Subsidiaries does not infringe upon the rights of any other Person, except for any such infringements that, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect.
Appears in 1 contract
Samples: Credit Agreement (Claiborne Liz Inc)