Title and Condition of Assets. Except for Lessee's leasehold interest in the Lease, the Lessee has good, marketable and legal title to its properties and assets. The Lessee has a good and valid leasehold interest in the Lease.
Appears in 6 contracts
Samples: Shortfall Funding Agreement (Balanced Care Corp), Shortfall Funding Agreement (Balanced Care Corp), Shortfall Funding Agreement (Balanced Care Corp)
Title and Condition of Assets. Except for the Lessee's leasehold interest in the Lease, the Lessee has good, marketable and legal title to its properties and assets. The Lessee has a good and valid leasehold interest in the Lease.
Appears in 2 contracts
Samples: Shortfall Funding Agreement (Balanced Care Corp), Shortfall Funding Agreement (Balanced Care Corp)
Title and Condition of Assets. Except for Lessee's leasehold interest in the Lease, the The Lessee has good, marketable and legal title to to, or a valid leasehold interest in, its properties and assets. The Lessee has a good and valid leasehold interest in the Lease.
Appears in 2 contracts
Samples: Shortfall Funding Agreement (Balanced Care Corp), Shortfall Funding Agreement (Balanced Care Corp)
Title and Condition of Assets. Except for Lessee's leasehold interest in the LeaseLease and except as otherwise provided in the Senior Credit Documents, the Lessee has good, marketable and legal title to its properties and assets. The Lessee has a good and valid leasehold interest in the Lease.
Appears in 1 contract
Title and Condition of Assets. Except for Lessee's and Lessor's leasehold interest in the Lease, the Lessee has good, marketable and legal title to its properties and assets. The Lessee has a good and valid leasehold interest in the Lease.
Appears in 1 contract
