Common use of Title to Properties, etc Clause in Contracts

Title to Properties, etc. Each Credit Party has good and marketable title, in the case of owned Real Property, and good title (or valid Leaseholds, in the case of any leased property), in the case of all other property, to all of its properties and assets free and clear of Liens other than Permitted Liens or as a result of a Directed Divestment In Trust. Schedule 5.11 sets forth a complete list of each Real Property owned by the Credit Parties on the Closing Date having a fair market value in excess of $10,000,000.

Appears in 3 contracts

Samples: Credit Agreement (GTT Communications, Inc.), Credit Agreement (GTT Communications, Inc.), Credit Agreement (GTT Communications, Inc.)

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Title to Properties, etc. Each Credit Party has good and marketable title, in the case of owned Real Property, and good title (or valid Leaseholds, in the case of any leased property), in the case of all other property, to all of its properties and assets free and clear of Liens other than Permitted Liens or as a result of a Directed Divestment In Trust. Schedule 5.11 sets forth a complete list of each Real Property owned by the Credit Parties in fee simple on the Closing Date having a fair market value in excess of $10,000,000.

Appears in 2 contracts

Samples: Priming Facility Credit Agreement (GTT Communications, Inc.), Priming Facility Credit Agreement (GTT Communications, Inc.)

Title to Properties, etc. Each Credit Party has good and marketable title, in the case of owned Real Property, and good title (or valid Leaseholds, in the case of any leased property), in the case of all other property, to all of its properties and assets free and clear of Liens other than Permitted Liens or as a result of a Directed Divestment In TrustLiens. Schedule 5.11 sets forth a complete list of each Real Property owned and/or leased or subleased (as lessor or sublessor, lessee or sublessee) by the Credit Parties on the Closing Date having a fair market value in excess of $10,000,000Date.

Appears in 1 contract

Samples: Credit Agreement (GTT Communications, Inc.)

Title to Properties, etc. Each Credit Party has good and marketable title, in the case of owned Real Property, and good title (or valid Leaseholds, in the case of any leased property), in the case of all other property, to all of its properties and assets free and clear of Liens other than Permitted Liens or as a result of a Directed Divestment In Trust. Schedule 5.11 sets forth a complete list of each Real Property owned by the Credit Parties in fee simple on the Closing Date having a fair market value in excess of $10,000,000.. Section 5.12

Appears in 1 contract

Samples: Priming Facility Credit Agreement (GTT Communications, Inc.)

Title to Properties, etc. Each Credit Party and each of its Subsidiaries has good and marketable title, in the case of owned Real Property, and good title (or valid Leaseholds, in the case of any leased propertyproperty or valid right to use in the case of any Intellectual Property), in the case of all other property, to all of its properties and assets reflected in its most recent balance sheets free and clear of Liens other than Permitted Liens or as a result of a Directed Divestment In Trust. Schedule 5.11 sets forth a complete list of each Real Property owned by the Credit Parties on the Closing Date having a fair market value in excess of $10,000,000Liens.

Appears in 1 contract

Samples: Credit Agreement (RBC Bearings INC)

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Title to Properties, etc. Each Credit Party has good and marketable title, in the case of owned Real Property, and good title (or valid Leaseholds, in the case of any leased property), in the case of all other property, to all of its properties and assets free and clear of Liens other than Permitted Liens or as a result of a Directed Divestment In Trust. Schedule 5.11 sets forth a complete list of each Real Property owned by the Credit Parties on the Closing Date having a fair market value in excess of $10,000,000.. Section 5.12

Appears in 1 contract

Samples: Credit Agreement (GTT Communications, Inc.)

Title to Properties, etc. Each Credit Party and each of its Subsidiaries has good and marketable title, in the case of owned Real Property, and good title (or valid Leaseholds, in the case of any leased property, or license or, to the knowledge of any Credit Party, other right to use, in the case of any Intellectual Property), in the case of all other property, to all of its properties and assets reflected in its most recent balance sheets free and clear of Liens other than Permitted Liens or as a result of a Directed Divestment In Trust. Schedule 5.11 sets forth a complete list of each Real Property owned by the Credit Parties on the Closing Date having a fair market value in excess of $10,000,000Liens.

Appears in 1 contract

Samples: Credit Agreement (RBC Bearings INC)

Title to Properties, etc. Each Credit Party has good and marketable title, in the case of owned Real Property, and good title (or valid Leaseholds, in the case of any leased property), in the case of all other personal property, to all of its properties and assets assets, in each instance, necessary in the ordinary conduct of their respective businesses, free and clear of Liens other than Permitted Liens or as a result of a Directed Divestment In TrustLiens. Schedule 5.11 sets forth a complete list of each Holdings does not own any Real Property owned by the Credit Parties on the Closing Date having a fair market value in excess of $10,000,000Property.

Appears in 1 contract

Samples: Credit Agreement (DigitalOcean Holdings, Inc.)

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