Common use of Title to Properties; Leases Clause in Contracts

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 hereto, the Borrower and its Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no liens or other encumbrances except Permitted Liens.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Michaels Stores Inc), Revolving Credit Agreement (Michaels Stores Inc)

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Title to Properties; Leases. Except as indicated on SCHEDULE Schedule 7.3 hereto, the Borrower Borrowers and its their Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower Borrowers and its their Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no liens Liens or other encumbrances rights of others, except Permitted Liens.

Appears in 2 contracts

Samples: Multicurrency Revolving Credit Agreement (Borders Group Inc), Multicurrency Revolving Credit Agreement (Borders Group Inc)

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 hereto, the Borrower The Borrowers and its their Subsidiaries own or lease all of the their respective assets reflected in the consolidated balance sheet of the Borrower Borrowers and its their Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no mortgages, capitalized leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liensthose permitted by Section 6.2 hereof.

Appears in 2 contracts

Samples: Revolving Credit Agreement (TRC Companies Inc /De/), Revolving Credit Agreement (TRC Companies Inc /De/)

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 hereto, the Borrower and its Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no liens or other encumbrances Liens, except Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Agreement (Friendly Ice Cream Corp)

Title to Properties; Leases. Except as indicated on SCHEDULE Schedule 7.3 hereto, the Borrower and its Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no rights of others, 35 -29- including any mortgages, leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Agreement (Cabot Microelectronics Corp)

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 Schedule 11.3 hereto, the Borrower and its Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no rights of others, including any mortgages, leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liens.

Appears in 1 contract

Samples: Consignment Agreement (Marks Bros Jewelers Inc)

Title to Properties; Leases. Except as indicated on SCHEDULE Schedule 7.3 hereto, the Borrower and its Subsidiaries Borrowers own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries Borrowers as at the Interim Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no liens Liens or other encumbrances rights of others, except Permitted Liens.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Iesi Corp)

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 Schedule 8.3 hereto, the Borrower and its Subsidiaries own or lease all of the assets reflected as owned in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Interim Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no liens Liens or other encumbrances rights of others, except Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Buca Inc /Mn)

Title to Properties; Leases. Except as indicated on SCHEDULE Schedule 7.3 hereto, the Borrower and its Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no liens Liens or other encumbrances rights of others, except Permitted LiensLiens permitted by Section 9.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Yankee Candle Co Inc)

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 Schedule 11.3 hereto, the Borrower and its Subsidiaries own or lease lease, as indicated thereon, all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date)Date, subject to no rights of others, including any mortgages, leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Mercury Air Group Inc)

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 hereto, the Borrower and its Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that datedate or property and assets sold or otherwise disposed of in accordance with Section 9.5.2. hereof), subject to no liens Liens or other encumbrances rights of others, except Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Agreement (Keane Inc)

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Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 Schedule 6.3 hereto, the Borrower and each of its Subsidiaries own or lease owns all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no rights of others, including any mortgages, leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Agreement (Bridgestreet Accommodations Inc)

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 6.4 hereto, the Borrower and its Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no rights of others, including any mortgages, leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Agreement (Freedom Securities Corp /De/)

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 8.3 hereto, the Borrower Borrower, the Guarantors and its their Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its their Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no rights of others, including any mortgages, leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Dynatech Corp)

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 hereto, the Borrower and its Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that datedate or otherwise permitted hereunder), subject to no rights of others, including any mortgages, leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Agreement (Republic Engineered Steels Inc)

Title to Properties; Leases. Except as indicated on SCHEDULE 7.3 Schedule 8.3 hereto, the Borrower and its Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower and its Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or other dispositions permitted hereunder since that date), subject to no rights of others, including any mortgages, liens or other encumbrances encumbrances, except Permitted Liens.

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Aviall Inc)

Title to Properties; Leases. Except as indicated on SCHEDULE Schedule 7.3 hereto, the Borrower Borrowers and its their Subsidiaries own or lease all of the assets reflected in the consolidated balance sheet of the Borrower Borrowers and its their Subsidiaries as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business or dispositions permitted hereunder since that date), subject to no rights of others, including any mortgages, leases, conditional sales agreements, title retention agreements, liens or other encumbrances except Permitted Liens.

Appears in 1 contract

Samples: Revolving Credit Agreement (Transpro Inc)

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