Title to Assets; No Liens. Borrower has good, indefeasible and merchantable title to the Property owned or leased by it, and all such Property is free and clear of all Liens, except Permitted Liens and Liens permitted by Section 8.01(b).
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Samples: Credit Agreement (Manufactured Home Communities Inc), Credit Agreement (Manufactured Home Communities Inc), Credit Agreement (Manufactured Home Communities Inc)
Title to Assets; No Liens. Borrower and each of its Subsidiaries has good, indefeasible and merchantable title to the Property all Properties owned or leased by it, including, without limitation, any Borrowing Base Properties, and all such Property each of the Borrowing Base Properties is free and clear of all Liens, except Permitted Liens and Liens permitted by Section 8.01(b)Liens.
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