Properties; Liens. Each Company has good and marketable title to all its property reflected on the Current Financials as being owned by it except for property that is obsolete or that has been disposed of in the ordinary course of business between the date of the Current Financials and the date of this agreement or, after the date of this agreement, as permitted by SECTION 9.10 or SECTION 9.11. No Lien exists on any property of any Company except Permitted Liens. No Company is party or subject to any agreement, instrument, or order which in any way restricts any Company's ability to allow Liens to exist upon any of its assets except relating to Permitted Liens.
Appears in 3 contracts
Samples: Credit Agreement (Affiliated Computer Services Inc), Credit Agreement (Affiliated Computer Services Inc), Credit Agreement (Affiliated Computer Services Inc)
Properties; Liens. Each Company has good and marketable indefeasible title to all of its property reflected on the Current Financials as being owned by it except for property that is obsolete or that has been disposed of in the ordinary course of business between the date of the Current Financials and the date of this agreement or, after the date of this agreement, as permitted by SECTION 9.10 or SECTION 9.11SECTIONS 9.9 and 9.10. No Lien exists on any property of any Company except as described on SCHEDULE 7.13 and other Permitted Liens. No Company is party or subject to any agreement, instrument, or order which in any way restricts any Company's ability to allow Liens to exist upon any of its assets except relating to Permitted Liens.
Appears in 2 contracts
Samples: Credit Agreement (Teppco Partners Lp), Credit Agreement (Teppco Partners Lp)
Properties; Liens. Each Company has good and marketable title to all its property reflected on the Current Financials as being owned by it except for property that is obsolete or that has been disposed of in the ordinary course of business between the date of the Current Financials and the date of this agreement or, after the date of this agreement, as permitted by SECTION 9.10 SECTIONS 9.9 or SECTION 9.119.10. No Lien exists on any property of any Company except Permitted Liens. No Except for the Credit Documents, no Company is party or subject to any agreement, instrument, instrument or order which in any way restricts any Company's ability to allow Liens to exist upon any of its assets except relating to Permitted Liensassets.
Appears in 2 contracts
Samples: Credit Agreement (Ultrak Inc), Credit Agreement (Ultrak Inc)
Properties; Liens. Each Company has good and marketable title to all its property reflected on the Current Financials as being owned by it except for property that is obsolete or that has been disposed of in the ordinary course of business between the date of the Current Financials and the date of this agreement or, after the date of this agreement, as permitted by SECTION 9.10 or SECTION 9.11Section 8.10. No Lien exists on any property of any Company except Permitted Liens and Permitted Project Liens. No Except for the Credit Documents, no Company is party or subject to any agreement, instrument, instrument or order which in any way restricts any Company's ’s ability to allow Liens to exist upon any of its assets except relating to Permitted Liensassets.
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Properties; Liens. Each Company has good and marketable title to all its property reflected on the Current Financials as being owned by it except for property that is obsolete or that has been disposed of in the ordinary course of business between the date of the Current Financials and the date of this agreement or, after the date of this agreement, as permitted by SECTION 9.10 or SECTION 9.11Section 8.10. No Lien exists on any property of any Company except Permitted Liens and Permitted Project Liens. No Except for the Credit Documents, no Company is party or subject to any agreement, instrument, instrument or order which in any way restricts any Company's ability to allow Liens to exist upon any of its assets except relating to Permitted Liensassets.
Appears in 1 contract
Properties; Liens. Each Company has good and marketable title to all its property reflected on the Current Financials as being owned by it except for property that is obsolete or that has been disposed of in the ordinary course of business between the date of the Current Financials and the date of this agreement or, after the date of this agreement, as permitted by SECTION 9.10 or SECTION 9.11Section 9.10. No Lien exists on any property of any Company except Permitted Liens and Permitted Project Liens. No Except for the Credit Documents, no Company is party or subject to any agreement, instrument, instrument or order which in any way restricts any Company's ability to allow Liens to exist upon any of its assets except relating to Permitted Liensassets.
Appears in 1 contract
Properties; Liens. Each Company has good and marketable title to all its property reflected on the Current Financials as being owned by it except for property that is obsolete or that has been disposed of in the ordinary course of business between the date of the Current Financials and the date of this agreement Agreement or, after the date of this agreementAgreement, as permitted by SECTION 9.10 Sections 9.9 or SECTION 9.119.10. No Lien exists on any property of any Company except Permitted Liens. No Except for the Credit Documents, no Company is party or subject to any agreement, instrument, instrument or order which in any way restricts any Company's ability to allow Liens to exist upon any of its assets except relating to Permitted Liensassets.
Appears in 1 contract
Samples: Credit Agreement (Ultrak Inc)