Property and Liens. Each Company has good and marketable title to all its property reflected on the Current Financials except for property that is obsolete or that has been disposed of in the ordinary course of business or, after the date of this agreement, as otherwise permitted by this agreement. All Collateral is free and clear of any Liens and adverse claims of any nature except Permitted Liens.
Appears in 3 contracts
Samples: Loan Agreement (Matrix Bancorp Inc), Credit Agreement (Rac Financial Group Inc), Loan Agreement (Matrix Capital Corp /Co/)
Property and Liens. Each Company has good and indefeasible title to ------------------ its real property and marketable title to all its other property reflected on the Current Financials except for property that is obsolete or that has been disposed of in the ordinary course of business or, after the date of this agreement, as otherwise permitted by this agreement. All Collateral is free and clear of any Liens and adverse claims of any nature except Permitted Liens.as described on SCHEDULE 6.13. Credit Agreement ----------------
Appears in 1 contract
Property and Liens. Each Company has good and marketable title to ------------------ all its property reflected on the Current Financials except for property that is obsolete or that has been disposed of in the ordinary course of business or, after the date of this agreement, as otherwise permitted by this agreement. All Collateral is free and clear of any Liens and adverse claims of any nature except Permitted Liens.
Appears in 1 contract
Samples: Credit Agreement (Pioneer Commercial Funding Corp /Ny/)
Property and Liens. Each Company has good and marketable title to all its property reflected on the Current Financials except Financials, EXCEPT for property that is obsolete or that has been disposed of either in the ordinary course of business business, or, after the date daze of this agreement, as otherwise permitted by this agreement. All Collateral is free and clear of any Liens and adverse claims of any nature except EXCEPT Permitted Liens.
Appears in 1 contract
Samples: Credit Agreement (Cfi Mortgage Inc)
Property and Liens. Each Company has good and indefeasible title to ------------------ its real property and marketable title to all its other property reflected on the Current Financials except for property that is obsolete or that has been disposed of in the ordinary course of business or, after the date of this agreement, as otherwise permitted by this agreement. All Collateral is free and clear of any Liens and adverse claims of any nature except Permitted Liensas described on Schedule 6.13.
Appears in 1 contract
