Common use of Rights to Properties Clause in Contracts

Rights to Properties. The Guarantor, the Borrower and their Subsidiaries have good and valid fee, leasehold, easement or other right, title or interest in or to all the properties necessary to the conduct of their business as conducted on the date hereof and as presently proposed to be conducted, except to the extent the failure to have such rights or interests would not have a Material Adverse Effect.

Appears in 1 contract

Sources: Senior Bridge Term Loan Credit Agreement (PPL Corp)

Rights to Properties. The Guarantor, the Borrower Guarantor and their its Material Subsidiaries have good and valid fee, leasehold, easement or other right, title or interest in or to all the properties necessary to the conduct of their business as conducted on the date hereof and as presently proposed to be conducted, except to the extent the failure to have such rights or interests would not have a Material Adverse Effect.

Appears in 1 contract

Sources: Guaranty (PPL Electric Utilities Corp)

Rights to Properties. The Guarantor, the Borrower Guarantor and their its Restricted -------------------- Subsidiaries have good and valid fee, leasehold, easement or other right, title or interest in or to all the properties necessary to the conduct of their business as conducted on the date hereof and as presently proposed to be conducted, except to the extent the failure to have such rights or interests would not have a Material Adverse Effect.

Appears in 1 contract

Sources: PPL Supply Guarantee (PPL Energy Supply LLC)

Rights to Properties. The Guarantor, the each Borrower and their Subsidiaries have good and valid fee, leasehold, easement or other right, title or interest in or to all the properties necessary to the conduct of their business as conducted on the date hereof and as presently proposed to be conducted, except to the extent the failure to have such rights or interests would not have a Material Adverse Effect.

Appears in 1 contract

Sources: Senior Bridge Term Loan Credit Agreement (PPL Corp)