Common use of Title to Assets; No Liens Clause in Contracts

Title to Assets; No Liens. Borrower has good, indefeasible and merchantable title to the Collateral and to all other properties and assets owned by Borrower, and all of the Collateral is free and clear of all Liens, except for any Liens permitted by Lender.

Appears in 2 contracts

Samples: Loan Agreement (Bedford Property Investors Inc/Md), Loan Agreement (Bedford Property Investors Inc/Md)

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Title to Assets; No Liens. Borrower has good, indefeasible ------------------------- and merchantable title to the Collateral and to all other properties and assets Properties owned or leased by it, including, without limitation, any Borrowing Base Properties owned or leased by Borrower, and all of the Collateral is free and clear of all Liens, except for any Liens permitted by LenderPermitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Smith Charles E Residential Realty Inc)

Title to Assets; No Liens. To the best of Borrower's knowledge, Borrower has good, indefeasible and merchantable title to the Collateral and to all other properties and assets owned by Borrowerit, including without limitation, each Borrowing Base Property, and all of the Collateral is free and clear of all Liens, except for any Liens permitted by LenderPermitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Paragon Group Inc)

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Title to Assets; No Liens. Borrower has good, indefeasible and merchantable title to the Collateral and to all other properties and assets Properties owned or leased by it, including, without limitation, any Borrowing Base Properties owned or leased by Borrower, and all of the Collateral is free and clear of all Liens, except for any Liens permitted by LenderPermitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Prudential Bache Equitec Real Estate Partnership)

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