Properties; Permitted Liens. Borrower has good and indefeasible title to all of its real properties and good and marketable title to all of its other properties and assets and to the Collateral, in each case free and clear of any Liens except the Permitted Liens. Borrower has full power and authority to grant to Bank the security interest in the Collateral pursuant to the Loan Documents. When financing statements have been filed in the appropriate offices against Borrower with respect to any Collateral, Bank will have a fully perfected first priority security interest in that portion of the Collateral in which a security interest may be perfected by filing, subject only to any Permitted Liens.
Properties; Permitted Liens. Each Credit Party has good and marketable title to the Collateral, subject to no Liens except the Permitted Liens. All material leases under which any Credit Party is lessee are in full force and effect, and such Credit Party is not in default thereunder.
Properties; Permitted Liens. Borrower has good and indefeasible title to all of its real property and good and marketable title to all of its other properties and assets and to the Collateral, subject to no Liens except the Permitted Encumbrances.
Properties; Permitted Liens. Borrower and its Subsidiaries have good and marketable title to all their respective properties reflected on the Current Financials; all material leases under which the Borrower or any Subsidiary is lessee or tenant are in full force and effect, and there exists no default (nor has any event occurred which with notice or lapse of time or both, could constitute a default) thereunder; except for the Permitted Liens, to the knowledge of Borrower after reasonable investigation, there is no Lien on any asset of Borrower or any of its Subsidiaries. The chief executive office and principal place of business of the Borrower and its Subsidiaries is located at the address set forth in EXHIBIT "H " hereto, and all of the Borrower's and Subsidiaries' records relating to its businesses or the Collateral are kept at that location. All Inventory and Equipment is located at that location or at one of the other locations set forth in EXHIBIT "H" hereto.
Properties; Permitted Liens. Borrower and the Subsidiaries each have good and marketable title to all their respective properties and assets and to the Collateral subject to no Liens except the Permitted Liens. All material leases under which Borrower or any Subsidiary is lessee are in full force and effect, and neither Borrower nor any Subsidiary is in default thereunder.
Properties; Permitted Liens. Borrower has good and indefeasible title to all of its real properties and good and marketable title to all of its other properties and assets and to the Collateral, in each case free and clear of any Liens except Permitted Liens. The Borrower is the legal and equitable owner and holder of the Collateral, free and clear of all Liens except the Permitted Liens, has full power and authority to grant to Bank the security interest in the Collateral pursuant hereto, and the Collateral is validly pledged or assigned to Bank, subject to no other Liens except Permitted Liens. Subject to the rights of the Agencies as reflected in the relevant Acknowledgment Agreements, when financing statements have been filed in the appropriate offices against Borrower with respect to any Collateral, Bank will have a fully perfected first priority security interest in that portion of the Collateral in which a security interest may be perfected by filing, subject only to any Permitted Liens.
Properties; Permitted Liens. Borrower has good and indefeasible title to, and is the legal and equitable owner and holder of, the Collateral, free and clear of all Liens except the Permitted Liens, has full power and authority to grant to Bank the security interest in the Collateral pursuant hereto, and the Collateral is validly pledged or assigned to Bank, subject to no other Liens except Permitted Liens. When financing statements have been filed in the appropriate offices against Borrower with respect to any Collateral, Bank will have a fully perfected first priority security interest in that portion of the Collateral in which a security interest may be perfected by filing, subject only to any Permitted Liens.
Properties; Permitted Liens. Borrower has good and indefeasible title to all of its real properties and good and marketable title to all of its other properties and assets and to the Collateral, in each case free and clear of any Liens except Permitted Liens. Borrower is the legal and equitable owner and/or holder of the Collateral (subject to the rights of the applicable Agency), free and clear of all Liens except the Permitted Collateral Liens, has full power and authority (subject to the rights of the applicable Agency) to grant to Bank the security interest in the Collateral pursuant hereto, and the Collateral is validly pledged or assigned to Bank, subject to no other Liens except Permitted Collateral Liens. When financing statements have been filed in the appropriate offices against Borrower with respect to any Collateral, subject to the terms of each Acknowledgment Agreement, Bank for the benefit of Bank have a fully perfected first priority security interest in that portion of the Collateral in which a security interest may be perfected by filing, subject only to any Permitted Collateral Liens (and subject, with respect to the priority of any Liens, to those Liens in favor of any Agency).
