Common use of Title to Properties, etc Clause in Contracts

Title to Properties, etc. The Borrower and its Subsidiaries have good and marketable title, in the case of 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 Encumbrances. The interests of the Borrower and any Subsidiary in the properties reflected in the most recent balance sheet referred to in Section 4.7, taken as a whole, were sufficient, in the judgment of the Borrower, as of the date of such balance sheet for purposes of the ownership and operation of the businesses conducted by the Borrower and any Subsidiary.

Appears in 2 contracts

Samples: Loan Agreement (Moog Inc), Loan Agreement (Moog Inc)

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Title to Properties, etc. The Borrower Borrowers and its the Subsidiaries have good and marketable title, in the case of 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 their respective properties and assets free and clear of Liens other than Permitted Encumbrances. The interests of the Borrower Company and any Subsidiary in the properties reflected in the most recent balance sheet referred to in Section 4.7, taken as a whole, were sufficient, in the judgment of the BorrowerCompany, as of the date of such balance sheet for purposes of the ownership and operation of the businesses conducted by the Borrower Company and any Subsidiary.

Appears in 2 contracts

Samples: Loan Agreement (Moog Inc.), Fourth Amended And (Moog Inc)

Title to Properties, etc. The Borrower Holdings and each of its Subsidiaries have has good and marketable title, in the case of real propertyReal Property, and good title (or valid leaseholdsLeaseholds, 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 EncumbrancesLiens. The interests of the Borrower Holdings and any Subsidiary its Subsidiaries in the properties reflected in the most recent balance sheet referred to in Section 4.75.07(a), taken as a whole, were sufficient, in the judgment of the BorrowerHoldings, as of the date of such balance sheet for purposes of the ownership and operation of the businesses conducted by the Borrower Holdings and any Subsidiaryits Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Minrad International, Inc.)

Title to Properties, etc. The Borrower Company and each of its Subsidiaries have has good and marketable title, in the case of real property, and good title (or valid leaseholdsLeaseholds, 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 EncumbrancesLiens permitted by section 9.3. The interests of the Borrower Company and any Subsidiary each of its Subsidiaries in the properties reflected in the most recent balance sheet referred to in Section 4.7section 7.8, taken as a whole, were sufficient, in the judgment of the BorrowerCompany, as of the date of such balance sheet for purposes of the ownership and operation of the businesses conducted by the Borrower Company and such Subsidiaries. On the date hereof, neither the Company nor any Subsidiaryof its Domestic Subsidiaries owns any Real Property other than the Closing Date Mortgaged Property.

Appears in 1 contract

Samples: Credit Agreement (Stoneridge Inc)

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Title to Properties, etc. The Borrower and each of its Subsidiaries have has good and marketable title, in the case of real propertyReal Property, and good title (or valid leaseholdsLeaseholds, 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 EncumbrancesLiens. The interests of the Borrower and any Subsidiary its Subsidiaries in the properties reflected in the their most recent balance sheet referred to in Section 4.7sheets, taken as a whole, were are sufficient, in the judgment of the Borrower, as of the date of such balance sheet for purposes of the ownership and operation of the businesses conducted by the Borrower and any Subsidiaryits Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Cooper Companies Inc)

Title to Properties, etc. The Borrower Company and each of its Subsidiaries have has good and marketable title, in the case of real property, and good title (or valid leaseholdsLeaseholds, 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 EncumbrancesLiens. The interests of the Borrower Company and any Subsidiary each of its Subsidiaries in the properties reflected in the most recent balance sheet referred to in Section 4.7section 7.8, taken as a whole, were sufficient, in the judgment of the BorrowerCompany, as of the date of such balance sheet for purposes of the ownership and operation of the businesses conducted by the Borrower Company and any Subsidiarysuch Subsidiaries.

Appears in 1 contract

Samples: Credit Agreement (Om Group Inc)

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