Common use of Title to Properties; Absence of Encumbrances Clause in Contracts

Title to Properties; Absence of Encumbrances. The Company and its Subsidiaries have good and marketable title to their properties and assets shown as owned on the Balance Sheet and as acquired since the Balance Sheet Date (except for assets disposed of in the ordinary course of business since the Balance Sheet Date), free and clear of any and all Encumbrances, except as set forth in SCHEDULE 5.14 thereto and except for Permitted Encumbrances.

Title to Properties; Absence of Encumbrances. The Company and its Subsidiaries own or have good and marketable title to all of their respective properties and assets shown as owned on the Balance Sheet and as or acquired since the Balance Sheet Date thereafter (except for assets disposed of in the ordinary course of business since the Balance Sheet DateDate or as set forth in Schedule 3(n) hereto), free and clear of any and all Encumbrances, except as set forth in SCHEDULE 5.14 thereto and Schedule 3(n) hereto or except for Permitted Encumbrances.

Title to Properties; Absence of Encumbrances. The Company and its the Subsidiaries have good and marketable valid title to all of their properties and respective assets shown as owned on the Balance Sheet and as acquired since the Balance Sheet Date (except for assets disposed of in the ordinary course of business since the Balance Sheet DateDate or as set forth in Schedule 3(n) hereto), free and clear of any and all Encumbrances, except as set forth in SCHEDULE 5.14 thereto and except for Permitted EncumbrancesSchedule 3(n) hereto.