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

Title to Assets; No Liens. The Borrower and each Guarantor have good and marketable title to all of their properties and assets, subject only to the Liens permitted by Section 5.02(a) of this Agreement.

Appears in 3 contracts

Samples: Loan Agreement (Del Laboratories Inc), Loan Agreement (Del Laboratories Inc), Loan Agreement (Del Laboratories Inc)

AutoNDA by SimpleDocs

Title to Assets; No Liens. The Borrower and each the Guarantor have good and marketable title to all of their properties and assets, subject only to the Liens permitted by Section 5.02(a) of this Agreement.

Appears in 1 contract

Samples: Loan Agreement (Del Laboratories Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!