Common use of Rights in Properties; Liens Clause in Contracts

Rights in Properties; Liens. The Borrower and each --------------------------- Subsidiary have good title to or valid leasehold interests in their respective properties and assets, real and personal, including, as of the Closing Date, the properties, assets, and leasehold interests reflected in the financial statements described in Section 9.2 hereto, and none of such properties, assets, ----------- or leasehold interests of the Borrower or any Subsidiary is subject to any Lien, except as permitted by Section 11.2

Appears in 2 contracts

Samples: Credit Agreement (Imperial Financial Group Inc), Credit Agreement (Imperial Financial Group Inc)

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Rights in Properties; Liens. The Borrower and each --------------------------- Significant Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including, as of the Closing Date, including the properties, assets, and leasehold interests reflected in the financial statements described in Section 9.2 hereto8.2, and none of such the properties, ----------- assets, ----------- or leasehold interests of the Borrower or any Significant Subsidiary is subject to any Lien, except as permitted by Section 11.210.2. ------------

Appears in 2 contracts

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

Rights in Properties; Liens. The Borrower and each --------------------------- Subsidiary have good and indefeasible title to or valid leasehold interests in all material respects in their respective properties and assets, real and personal, including, as of the Closing Date, the properties, assets, and leasehold interests reflected in the financial statements described in Section 9.2 hereto, and none of such properties, assets, ----------- or leasehold interests of the Borrower or any Subsidiary is subject to any Lien, except as permitted by Section 11.2including the

Appears in 1 contract

Samples: Credit Agreement (Veritas DGC Inc)

Rights in Properties; Liens. The Borrower and each --------------------------- Subsidiary have good title to or valid leasehold interests in their respective properties and assets, real and personal, including, as of the Closing Date, including the properties, assets, and leasehold interests reflected in the financial statements described in Section 9.2 SECTION 8.2 hereto, and none of such the properties, assets, ----------- or leasehold interests of the Borrower or any Subsidiary is subject to any Lien, except as permitted by Section 11.2SECTION 10.2

Appears in 1 contract

Samples: Credit Agreement (Snelling & Snelling Inc)

Rights in Properties; Liens. The Borrower and each --------------------------- Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assetsproperties, real and personal, including, as of including the Closing Date, the properties, assets, properties and leasehold interests reflected in the financial statements described in Section 9.2 hereto6.2, and none of such properties, assets, ----------- the properties or leasehold interests of the Borrower or any Subsidiary is subject to any Lien, except except, as of the Closing Date, as set forth on Schedule 8.2 hereto, and at all times after the Closing Date, as permitted by Section 11.28.2.

Appears in 1 contract

Samples: Loan Agreement (Uici)

Rights in Properties; Liens. The Borrower and each Subsidiary --------------------------- Subsidiary have good and indefeasible title to to, or valid leasehold interests in in, their respective properties and assets, real and personal, including, as of the Closing Date, including the properties, assets, and leasehold interests reflected in the financial statements described in Section 9.2 hereto9.2, and and, to the best of Borrower's knowledge, none of such the ------------ properties, assets, ----------- or leasehold interests of the Borrower or any Subsidiary is ------- subject to any Lien, except as permitted by Section 11.2. -------------

Appears in 1 contract

Samples: Loan Agreement (Pizza Inn Inc /Mo/)

Rights in Properties; Liens. The Borrower and each --------------------------- Subsidiary have good title to or valid leasehold interests in their respective properties and assets, real and personal, including, as of the Closing Date, including the properties, assets, and leasehold interests reflected in the financial statements described in Section 9.2 heretoSection 8.2 except for those properties disposed of since such dates in the ordinary course of business or as permitted by this Agreement, and none of such the properties, assets, ----------- or leasehold interests of the Borrower or any Subsidiary is subject to any Lien, except as permitted by Section 11.210.2.

Appears in 1 contract

Samples: Credit Agreement (Learningstar Inc)

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Rights in Properties; Liens. The Borrower and each --------------------------- Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including, as of the Closing Date, including the properties, assets, and leasehold interests reflected in the financial statements described in Section 9.2 hereto4.2, and none of such the properties, assets, ----------- or leasehold interests of the Borrower or any Subsidiary is subject to any Lien, except as permitted by Section 11.26.2.

Appears in 1 contract

Samples: Loan Agreement (Industrial Holdings Inc)

Rights in Properties; Liens. The Borrower and each --------------------------- Subsidiary have good and marketable title to or valid leasehold interests in their respective properties and assets, real and personal, including, as of the Closing Date, including the properties, assets, and leasehold interests reflected in the financial statements described in Section 9.2 hereto8.2, and none of such the properties, assets, ----------- or leasehold interests of the Borrower or any Subsidiary is subject to any Lien, except as permitted by Section 11.210.2.

Appears in 1 contract

Samples: Credit Agreement (Pride Petroleum Services Inc)

Rights in Properties; Liens. The Borrower and each --------------------------- Subsidiary have good title to or valid leasehold interests in their respective properties and assets, real and personal, including, as of the Closing Date, the properties, assets, and leasehold interests reflected in the financial statements described in Section 9.2 8.2 hereto, and none of such properties, assets, ----------- or leasehold interests of the Borrower or any Subsidiary is subject to any Lien, except as permitted by Section 11.210.2 hereto.

Appears in 1 contract

Samples: Credit Agreement (Oreilly Automotive Inc)

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