Title to Properties and Rights of Way. (a) Each of the Buyer Group Entities has indefeasible title to all material real property and good title to all material tangible personal property owned by such Buyer Group Entity, in each case which is material to the business of such Buyer Group Entity, free and clear of all Encumbrances except Permitted Encumbrances except as would not, individually or in the aggregate, constitute a Buyer Material Adverse Effect.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Inergy L P), Agreement and Plan of Merger (Inergy Midstream, L.P.)
Title to Properties and Rights of Way. (a) Each of the Buyer Group Entities has indefeasible defensible title to all material real property and good title to all material tangible personal property owned by such the Buyer Group Entity, in each case Entities and which is material to sufficient for the business operation of such Buyer Group Entitytheir respective businesses as presently conducted, free and clear of all Encumbrances except Permitted Encumbrances except as would not, individually or in the aggregate, constitute a Buyer Material Adverse EffectEncumbrances.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Pacific Energy Partners Lp), Agreement and Plan of Merger (Plains All American Pipeline Lp)
