Properties; Security Interests. Except as set forth in Schedule 4.1(q), the Company has good and marketable title to, or valid leasehold interests in, all of the material assets and properties used or useful by the Company in the Business (collectively, the "Properties and Facilities"). All of the Properties and Facilities are in good repair, working order and condition and all such assets and properties are, except as set forth in the SEC Reports. The Properties and Facilities constitute all of the material assets, properties and rights of any type used in or necessary for the conduct of the Business.
Properties; Security Interests. The Loan Parties have good and marketable title to, or valid leasehold interests in, all of the material assets and properties used or useful by the Loan Parties in the Business (collectively, the "Properties and Facilities"), subject to no Liens except for Permitted Liens. All of the Properties and Facilities are in good repair, working order and condition, normal wear and tear excepted, and all such assets and properties are owned by the Loan Parties free and clear of all Liens except for Permitted Liens. The Properties and Facilities constitute all of the material assets, properties and rights of any type used in or necessary for the conduct of the Business. The Security Agreement creates and grants to Purchaser a valid and perfected first priority security interest in all the collateral thereunder, subject only to Permitted Liens. All real estate owned or leased by the Loan Parties is listed on the "Properties Schedule."
Properties; Security Interests. The Loan Parties have good and marketable title to, or valid leasehold interests in, all of the material assets and properties used or useful by the Loan Parties in the Business (collectively, the "Properties and Facilities"), subject to no Liens except for Permitted Liens. All of the Properties and Facilities are in good repair, working order and condition and all such assets and properties are owned or leased by the Loan Parties free and clear of all Liens except for Permitted Liens. The Properties and Facilities constitute all of the material assets, properties and rights of any type used in or necessary for the conduct of the Business. The Security Agreements create and grant to Agent a valid and perfected first priority security interest in all the collateral thereunder, subject only to Senior Permitted Liens. All real estate owned or leased by any of the Loan Parties is listed on the "Properties Schedule," attached hereto as Schedule 5.1(q).
Properties; Security Interests. The Company has good and marketable title to, or valid leasehold interests in, all of the material assets and properties used or useful by the Company in the Business (collectively, the “Properties and Facilities”), subject to no Liens, except for liens in favor of First Interstate Bank, Kalispell, Montana, to secure repayment of a note for $22,327 to purchase an automobile and funds which may be advanced not to exceed $36,612 pursuant to a letter of credit. All of the Properties and Facilities are in good repair, working order and condition and all such assets and properties are owned by the Company free and clear of all Liens, except as noted in the immediately preceding sentence. The Properties and Facilities constitute all of the material assets, properties and rights of any type used in or necessary for the conduct of the Business.
Properties; Security Interests. TransCore and its Subsidiaries have good title to, or valid leasehold interests in all of the material assets and properties reflected in the balance 20 <PAGE> sheet of TransCore as of January 31, 2001 delivered by TransCore to AIG Highstar, except for such properties as have been disposed of in the ordinary course of business, subject to no Liens except for Permitted Liens. All such assets and properties are in good repair, working order and condition and all such assets and properties are owned by TransCore free and clear of all Liens except for Permitted Liens. All real estate owned or leased by TransCore is listed on the attached "Properties Schedule." 11.16.
Properties; Security Interests. The Company has good and marketable title to, or valid leasehold interests in, all of the material assets and properties used or useful by the Company in the Business (collectively, the “Properties and Facilities”), subject to no Liens except for Permitted Liens. All of the Properties and Facilities are in good repair, working order and condition (ordinary wear and tear excepted) and all such assets and properties are owned by the Company free and clear of all Liens except for Permitted Liens. The Properties and Facilities constitute all of the material assets, properties and rights of any type used in or necessary for the conduct of the Business. The Security Agreement creates and grants to Agent a valid and perfected security interest in all the collateral thereunder, subject only to Permitted Liens. All real estate owned or leased by the Company is listed on the “Properties Schedule,” attached hereto as Schedule 5.1(q).
Properties; Security Interests. The Synodys Companies have good and marketable title to, or valid leasehold interests in, all of the material assets and properties used or useful by the Synodys Companies in the Business (collectively, the “Properties and Facilities”), subject to no Liens except for Permitted Liens. All of the Properties and Facilities are in good repair, working order and condition and all such assets and properties are owned by the Synodys Companies free and clear of all Liens except for Permitted Liens. The Properties and Facilities constitute all of the material assets, properties and rights of any type used in or necessary for the conduct of the Business. The Security Agreement creates and grants to Agent a valid and perfected security interest in all the collateral thereunder, subject only to Permitted Liens. Except as specified in Schedule 5.1(q), the Synodys Companies do not own any real estate. All real estate leased by any of the Synodys Companies is listed on the “Properties Schedule,” attached hereto as Schedule 5.1(q).
Properties; Security Interests. The Loan Parties have good and marketable title to, or valid leasehold interests in, all of the material assets and properties used or useful by the Loan Parties in the Business (collectively, the "Properties and Facilities"), subject to no Liens except for Permitted Liens. All of the Properties and Facilities are in good repair, working order and condition (except for equipment reflected on the Loan Parties' books and records as obsolete or worn-out, and ordinary wear and tear) and all such assets and properties are owned by the Loan Parties free and clear of all Liens except for Permitted Liens. The Properties and Facilities constitute all of the material assets, properties and rights of any type used in or necessary for the conduct of the Business. All real estate owned or leased by any of the Loan Parties is listed on the "Properties Schedule," attached hereto as Schedule 5.1(q).
Properties; Security Interests. The Companies and the Loan Parties have or will obtain, prior to the time needed, good and marketable title to, or valid leasehold interests in, all of the material assets and properties used or will obtain, prior to the time needed, by the Companies and the Loan Parties in the Business (collectively, the “Properties and Facilities”), subject to no Liens except for Permitted Liens. Such ownership interests are sufficient to permit construction and operation of the Project by the Company and the applicable Loan Party, substantially in accordance with the Project Documents. All of the Properties and Facilities are in good repair, working order and condition and all such assets and properties are owned by the Company and the Loan Parties free and clear of all Liens except for Permitted Liens. The Properties and Facilities constitute (or when obtained, will constitute) all of the material assets, properties and rights of any type used in or necessary for the conduct of the Business. All real estate owned or leased by any of the Company and the Loan Parties is listed on Schedule 5.1(q) attached hereto (the “Properties Schedule”). Neither the Company nor the Loan Parties has any Note and Equity Purchase Agreement 58 leasehold interest in, and neither the Company nor any of the Loan Parties is lessee of, any real property other than the Leased Premises.
Properties; Security Interests. The Loan Parties have good (and, solely as to real estate, marketable) title to, or valid leasehold interests in, or valid licenses to use, all of the material assets and properties used or useful by the Loan Parties in the Business (collectively, the "Properties and Facilities"), subject to no Liens except for Permitted Liens. On and after the Closing Date, Agent has a valid, perfected and, except for Liens set forth in clauses (c), (e), (g) or (h) of the definition of Permitted Liens, first priority Liens in the Properties and Facilities, all of which constitutes Collateral (except to the extent any of the same constitutes Excluded Property), securing the payment of the Obligations, and such Liens are entitled to all of the rights, priorities and benefits afforded by the UCC or other applicable Law as enacted in any relevant jurisdiction which relates to perfected Liens. All of the Properties and Facilities are in good repair, working order and condition. As of the Closing Date, all real estate owned or leased by the Loan Parties is listed on the "Properties Schedule," attached hereto as Schedule 4.1(Q).
