Common use of Title of Assets Clause in Contracts

Title of Assets. The property and assets ("other than leased assets") of the Borrower are beneficially owned by it, with good and marketable title thereto, free and clear of any mortgages, charges, pledges, assignments, liens, security interests or encumbrances whatsoever other than those set out in Schedule "C" hereto, being permitted encumbrances.

Appears in 5 contracts

Samples: Loan Agreement, Loan Agreement, Loan Agreement

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Title of Assets. The property and assets ("assets, other than leased assets") , of the Borrower are beneficially owned by it, with good and marketable title thereto, free and clear of any mortgages, charges, pledges, assignments, liens, security interests or encumbrances whatsoever other than those set out in Schedule "C" hereto, being permitted encumbrances.

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

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