Title to Assets and Liens. (i) The Borrower has good and marketable title to all of the assets purported to be owned by it and possesses a valid leasehold interest in all assets which it purports to lease, in all cases free and clear of all Liens, and no contracts or arrangements, conditional or unconditional, exist for the creation by the Borrower of any Lien, except for Permitted Liens and Liens in respect of the Notes;
(ii) The provisions of the Security Documents are effective to create, in favor of the Security Trustee for the benefit of IFC, legal, valid and enforceable Liens on or in all of the Collateral covered by the OFID Security; and
(iii) all recordings and filings have been or will be made in all public offices, all necessary consents have been or will be obtained and all other action has been or will be taken so that the Lien created by each Security Document constitutes a perfected Lien on the Collateral with the priority specified in the Security Documents;
Title to Assets and Liens. Except as set forth on Schedule 3(h), the Company has good and marketable title to the Assets owned by it and the valid and enforceable right to receive and/or use each of the Assets in which the Company has any other interest, free and clear of all Liens. As used herein (i) ”Liens” shall mean any lien, encumbrance, pledge, mortgage, security interest, lease, charge, conditional sales contract, option, restriction, reversionary interest, right of first refusal, voting trust arrangement, preemptive right, claim under bailment or storage contract, easement or any other adverse claim or right whatsoever; and (ii) ”Assets” shall mean all of the goodwill, assets, properties and rights of every nature, kind and description, whether tangible or intangible, real, personal or mixed, wherever located and whether or not carried or reflected on the books and records of the Company, which are owned by the Company or in which the Company has any interest (including the right to use).
Title to Assets and Liens. Except as disclosed in Schedule 8.1(8) with respect to real and personal property, each Borrower and each of its Material Subsidiaries is the legal and beneficial owner of or validly leases all of its properties and assets free and clear of any Liens, other than Permitted Liens.
Title to Assets and Liens. Each of the Obligors are the legal and beneficial owners of, or validly leases, all of their respective real and personal assets free and clear of any Liens, other than Permitted Liens, and attached hereto as Schedule 9.1(8) is a list of all owned real property owned by any of the Obligors (the “Owned Property”).
Title to Assets and Liens. The Borrower has good and marketable title to all of the properties and assets reflected on the balance sheet referred to in Section 8.12 hereof and there are no Liens on any assets of the Borrower, except Permitted Liens. The Borrower does not own any interest in (1) any patents or have any patent applications pending, or (2) any trademarks, trademark registrations or tradenames or has any trademark or tradename applications pending. The Borrower has all rights to use all trade names, trademarks, patents and other intellectual and industrial property in any way associated with or relating to the Collateral and to assign such rights to the Lender (or its agent) on an unqualified basis for the purposes of exercising its rights and remedies in respect of the Collateral, which rights and remedies shall not be adversely affected by any event, including, without limitation, the bankruptcy, insolvency or reorganization of any Affiliate of the Borrower or of any other Person.
Title to Assets and Liens. Each of the Borrower and the Guarantors has good and, in the case of real property, marketable title to all of its properties and assets free and clear of any Liens, other than Permitted Liens.
Title to Assets and Liens. It has good and marketable title to all of the assets purported to be owned by it and possesses a valid leasehold interest in all assets which it purports to lease, in all cases free and clear of all Liens, and no contracts or arrangements, conditional or unconditional, exist for the creation by the Borrower of any Lien, except for the Security and Liens permitted pursuant to Section 5.02 (c) (Negative Covenants); (m)
Title to Assets and Liens. Except as disclosed in writing to the Lender, it has good and marketable title to all of its assets and properties free and clear of any Liens other than Permitted Liens.
Title to Assets and Liens. Each of the Master LP Obligors are the legal and beneficial owners of, or validly leases, all of their respective real and personal assets free and clear of any Liens, other than Permitted Liens, and attached hereto as Schedule 9.1(8) is a list of all owned real property owned by any of the Master LP Obligors (the “Owned Property”).
Title to Assets and Liens. Each of the Lithia Canada Dealer Obligors are the legal and beneficial owners of, or validly leases, all of their respective real and personal assets free and clear of any Liens, other than Permitted Liens, and attached hereto as Schedule 9.1(8) is a list of all owned real property owned by any of the Lithia Canada Dealer Obligors (the “Owned Property (Lithia Canada Dealer).”)
