Common use of Properties Clause in Contracts

Properties. (a) Such Loan Party has good title to, or valid leasehold interests in, all of its real and personal property material to its business, except for 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 14 contracts

Samples: Revolving Credit Agreement (Teva Pharmaceutical Industries LTD), Credit Agreement, Credit Agreement (Teva Pharmaceutical Industries LTD)

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Properties. (a) Such Each Loan Party has good and marketable title to, or valid leasehold interests in, all of its material 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, interest could not reasonably be expected to have a Material Adverse Effect. There are no Liens on any of the real or personal properties of the Borrower or any Subsidiary except for Liens permitted by Section 6.02.

Appears in 13 contracts

Samples: Restatement Agreement (Constellation Brands, Inc.), Assignment and Assumption (Constellation Brands, Inc.), Credit Agreement (Constellation Brands, Inc.)

Properties. (a) Such Loan Credit Party and each of its Subsidiaries has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 10 contracts

Samples: Senior Unsecured Bridge Credit Agreement (Medtronic Inc), Term Loan Credit Agreement (Medtronic Inc), Amendment and Restatement Agreement (Medtronic Inc)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of its real and personal property material to its business, except for such 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could would not reasonably be expected to have a Material Adverse Effect.

Appears in 10 contracts

Samples: Credit Agreement (Natural Resource Partners Lp), Credit Agreement (Natural Resource Partners Lp), Credit Agreement (Natural Resource Partners Lp)

Properties. (a) Such Each Loan Party has good and marketable title to, or valid leasehold interests in, all of its material 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, interest could not reasonably be expected to have a Material Adverse Effect.

Appears in 9 contracts

Samples: Credit Agreement (Mylan N.V.), Revolving Credit Agreement (Mylan N.V.), Term Credit Agreement (Mylan N.V.)

Properties. (a) Such Each Loan Party and its Subsidiaries has good title to, or valid leasehold interests in, all of its real and personal property material to the operation of 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 and except, in each case, where failure to have or such title or interestother defects as, individually or in the aggregate, could would not reasonably be expected to have result in a Material Adverse Effect.

Appears in 7 contracts

Samples: Credit Agreement (Capri Holdings LTD), Credit Agreement (Capri Holdings LTD), Credit Agreement (Capri Holdings LTD)

Properties. (a) Such Each Loan Party has good and marketable title to, or valid leasehold interests in, all of its material 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, interest could not reasonably be expected to have a Material Adverse Effect. There are no Liens on any of the real or personal properties of the Borrower or any Subsidiary (other than Immaterial Subsidiaries) except for Liens permitted by Section 6.02.

Appears in 7 contracts

Samples: Term Loan Credit Agreement (Constellation Brands, Inc.), Assignment and Assumption (Constellation Brands, Inc.), Term Loan Credit Agreement (Constellation Brands, Inc.)

Properties. (a) Such The Borrower and each other Loan Party has good title to, or valid leasehold interests in, all of 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 and exceptexcept for exceptions to coverage described in a mortgage policy, in each casetitle insurance or survey accepted by the Administrative Agent, where failure and none of such property is subject to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectany Lien except as permitted by Section 7.3.

Appears in 6 contracts

Samples: Credit Agreement (Allscripts Healthcare Solutions, Inc.), Credit Agreement (Allscripts Healthcare Solutions, Inc.), Credit Agreement (Allscripts Healthcare Solutions, Inc.)

Properties. (a) Such Each Loan Party and its Material Subsidiaries has good title to, or valid leasehold interests in, all of its real and personal property material to its business, except for minor 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 purposes and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 6 contracts

Samples: Credit Agreement (Reynolds American Inc), Assignment and Assumption (Reynolds American Inc), Credit Agreement (Reynolds American Inc)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of its real and personal property material to its business, except for minor defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectconducted.

Appears in 6 contracts

Samples: Credit Agreement (Alta Equipment Group Inc.), Lien Credit Agreement (Alta Equipment Group Inc.), Credit Agreement (Alta Equipment Group Inc.)

Properties. (a) Such Each Loan Party and each Subsidiary has good title to, or valid leasehold interests in, all of its real and personal property material to its business, except for such 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Loan Agreement (Anthem Inc), Credit Agreement (Anthem Inc), Loan Agreement (Wellpoint Inc)

Properties. (a) Such Each Loan Party has good and marketable title to, or valid leasehold interests in, all of its material 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, could interest would not reasonably be expected to have a Material Adverse Effect.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Viatris Inc), Revolving Credit Agreement (Viatris Inc), Term Loan Credit Agreement (Viatris Inc)

Properties. (a) Such Each Loan Party and its Subsidiaries has good title to, or valid leasehold interests in, all of its real and personal property material to its business, except for 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 and except, in each case, where failure except as may be permitted pursuant to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse EffectSection 6.01.

Appears in 4 contracts

Samples: Credit Agreement (Delhaize America Inc), Credit Agreement (Delhaize Group), Credit Agreement (Delhaize Group)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 4 contracts

Samples: Credit Agreement (Photomedex Inc), Credit Agreement (MATERION Corp), Credit Agreement (MATERION Corp)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of its real and personal property material to its businessbusiness (including its Mortgaged Properties), except for Liens permitted hereunder and/or 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 3 contracts

Samples: Credit Agreement (PetroLogistics LP), Credit Agreement (PetroLogistics LP), Credit Agreement (PetroLogistics LP)

Properties. (a) Such The Borrower and each other Loan Party has good title to, or valid leasehold interests in, all of its real and personal property material to its businessbusiness (including the Mortgaged Properties), except for Liens permitted under this Agreement and 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 3 contracts

Samples: Credit Agreement (DXP Enterprises Inc), Credit Agreement (DXP Enterprises Inc), Credit Agreement (DXP Enterprises Inc)

Properties. (a) Such The Borrowers and each other Loan Party has have good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 3 contracts

Samples: Credit Agreement (Allscripts Healthcare Solutions Inc), Credit Agreement (Allscripts-Misys Healthcare Solutions, Inc.), Credit Agreement (Allscripts Healthcare Solutions Inc)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of its material 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, interest could not reasonably be expected to have a Material Adverse Effect. There are no Liens on any of the real or personal properties of the Borrower or any Subsidiary except for Liens permitted by Section 6.02.

Appears in 3 contracts

Samples: Credit Agreement (Caseys General Stores Inc), Credit Agreement (Caseys General Stores Inc), Pledge and Security Agreement (Caseys General Stores Inc)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of its real and personal property material to its business, except for Liens permitted hereunder and 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 3 contracts

Samples: Term Loan Credit Agreement (PHI Group, Inc./De), Term Loan Credit Agreement (Phi Inc), Term Loan Credit Agreement

Properties. (a) Such Each Loan Party has good record title to, or valid leasehold interests in, all of its material real and personal property material to its business, including Mortgaged Property, subject to Liens permitted by Section 6.02 and except for such 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, interest could not reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Restatement Agreement (Cable One, Inc.), Credit Agreement (Cable One, Inc.), Security Agreement (Cable One, Inc.)

Properties. (a) Such Each Loan Party and its Subsidiaries has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 2 contracts

Samples: Credit Agreement (Sunpower Corp), Credit Agreement (Sunpower Corp)

Properties. (a) Such The Borrower and each other domestic Loan Party has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 2 contracts

Samples: Credit Agreement (Fuel Tech, Inc.), Credit Agreement (Fuel Tech, Inc.)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of its material 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, interest could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Restatement Agreement (Aptiv PLC), Credit Agreement (Delphi Automotive PLC)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of its material 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Term Credit Agreement (Aptiv PLC), Bridge Credit Agreement (Aptiv PLC)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of its real and personal property Property material to its business, except for defects minor irregularities or deficiencies in title that that, individually or in the aggregate, do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties Property for their its intended purposes purpose. Title to all such Property held by such Loan Party is free and exceptclear of all Liens except for Permitted Liens. The Property of the Loan Parties, in each casetaken as a whole, where failure to have such title or interest, individually or in constitutes all the aggregate, could not reasonably be expected to have a Material Adverse EffectProperty which is required for the business and operations of the Loan Parties as presently conducted.

Appears in 2 contracts

Samples: Credit Agreement (Bearingpoint Inc), Control Agreement (Bearingpoint Inc)

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Properties. (a) Such Each Original Loan Party and its Subsidiaries has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could are not reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (National General Holdings Corp.), Credit Agreement (Amtrust Financial Services, Inc.)

Properties. (a) Such The Borrower and each other Loan Party has good title to, or valid leasehold interests in, all of its real and personal property material to its businessbusiness (including the Mortgaged Properties), 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 2 contracts

Samples: Credit Agreement (Lubys Inc), Credit Agreement (Lubys Inc)

Properties. (a) Such The Borrower and each other Loan Party has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 2 contracts

Samples: Credit Agreement (Lubys Inc), Credit Agreement (Lubys Inc)

Properties. (a) Such Each of such Loan Party and its Subsidiaries has good title to, or valid leasehold interests in, all of its real and personal property material to its business, except for 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 and except, in each case, where the failure to have such title or interestsuch leasehold interests, individually or in the aggregate, could has not reasonably resulted in and would not be expected materially likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Keysight Technologies, Inc.), Credit Agreement (Agilent Technologies Inc)

Properties. (a) Such The Borrower and each other Loan Party has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 1 contract

Samples: Credit Agreement (Poindexter J B & Co Inc)

Properties. (a) Such Each of the Loan Party Parties has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 1 contract

Samples: Credit Agreement (Umami Sustainable Seafood Inc.)

Properties. (a) Such Each Loan Party has good record title to, or valid leasehold interests in, all of its material real and personal property material to its business, subject to Liens permitted by Section 6.02 and except for such 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, interest could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Cinemark Usa Inc /Tx)

Properties. (a) Such Each Loan Party and each Material Subsidiary has good title to, or valid leasehold interests in, all of its real and personal property material to the operation of 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 and except, in each case, except where failure to have such title or interestfailure, individually or in the aggregate, could not reasonably be reasonable by expected to have result in a Material Adverse Effect.

Appears in 1 contract

Samples: Bridge Credit Agreement

Properties. (a) Such a)Each Loan Party has good title to, or valid leasehold interests in, all of its such Person’s real and personal personal, moveable and immoveable, property material to its business, except for 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, which could not reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Caleres Inc)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 1 contract

Samples: Credit Agreement (Pinnacle Airlines Corp)

Properties. (a) Such Each of the Loan Party Parties and its Subsidiaries has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 1 contract

Samples: Credit Agreement (Ebix Inc)

Properties. (a) Such Each Loan Party has good title to, or valid leasehold interests in, all of its material 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, interest could not reasonably be expected to have a Material Adverse Effect. There are no Liens on any of the real or personal properties of the Company or any Subsidiary except for Liens permitted by Section 6.02.

Appears in 1 contract

Samples: Interim Loan Agreement (Mylan Inc.)

Properties. (a) Such Each Loan Party has good and marketable title to, or valid leasehold interests in, all of its material 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 and except, in each case, except where the failure to have such title or interest, individually or in the aggregate, interest could not reasonably be expected to have a Material Adverse Effect. There are no Liens on any of the real or personal properties of the Borrower or any Subsidiary (other than Immaterial Subsidiaries) except for Liens permitted by ‎Section 6.02.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Constellation Brands, Inc.)

Properties. (a) Such The Borrower and each other Loan Party has good title to, or valid leasehold interests in, all of its real and personal property material to its businessbusiness (including the Mortgaged Properties), 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 1 contract

Samples: Credit Agreement (Solaris Oilfield Infrastructure, Inc.)

Properties. (a) Such Each Loan Party has good and marketable title to, or valid leasehold interests in, all of its real and personal property material to its businessbusiness (including Real Property, if any), free and clear of all Liens and irregularities, deficiencies and defects in title, except for Permitted Liens and minor irregularities, deficiencies and defects in title that that, individually or in the aggregate, do not, and could not reasonably be expected to, interfere with its ability to conduct its business as currently conducted or to utilize such properties property for their its intended purposes and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurpose.

Appears in 1 contract

Samples: Loan Agreement (Body & Mind Inc.)

Properties. (a) Such Except as disclosed in SCHEDULE 3.05, each Loan Party has good title to, or valid leasehold interests in, all of 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 and except, in each case, where failure to have such title or interest, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effectpurposes.

Appears in 1 contract

Samples: Credit Agreement (Lamonts Apparel Inc)

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