Common use of Title to Properties; Liens Clause in Contracts

Title to Properties; Liens. Each of the Borrower, each other Loan Party and each other Subsidiary has good, marketable and legal title to, or a valid leasehold interest in, its respective assets. As of the Agreement Date, there are no Liens against any assets of the Borrower, any Subsidiary or any other Loan Party except for Permitted Liens.

Appears in 10 contracts

Samples: Credit Agreement (Office Properties Income Trust), Term Loan Agreement (Diversified Healthcare Trust), Credit Agreement (Diversified Healthcare Trust)

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Title to Properties; Liens. Each of the Borrower, each other Loan Party and each other Subsidiary has good, marketable and legal title to, or a valid leasehold interest in, its respective assets. As of the Agreement Closing Date, after having given effect to the Acquisition and the Healthcare Properties Sale, there are no Liens against any assets of the Borrower, any Subsidiary or any other Loan Party except for Permitted Liens.

Appears in 1 contract

Samples: Bridge Loan Agreement (Select Income REIT)

Title to Properties; Liens. Each of the Borrower, each other Loan Party and each other Subsidiary has good, marketable and legal title to, or a valid leasehold interest in, its respective assets. As of the Agreement Date, there are no Liens against any assets of the Borrower, any Subsidiary or any other Loan Party except for Permitted LiensLiens permitted in Section 10.4. As of the Agreement Date, Schedule 7.1.(f) sets forth all Leases.

Appears in 1 contract

Samples: Credit and Security Agreement (Five Star Quality Care Inc)

Title to Properties; Liens. Each of the Borrower, each other Loan Party and each other Subsidiary has good, marketable and legal title to, or a valid leasehold interest in, its respective assets, including all intellectual property, subject to Permitted Liens. As of the Agreement Date, there are no Liens against any assets of the Borrower, any Subsidiary or any other Loan Party except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Equity Commonwealth)

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Title to Properties; Liens. Each of the Borrower, each other Loan Party Party, the Parent and each other Subsidiary has good, marketable and legal title to, or a valid leasehold interest in, its respective assets, including all intellectual property, subject to Permitted Liens. As of the Agreement Date, there are no Liens against any assets of the Borrower, any Subsidiary other Loan Party, the Parent or any other Loan Party Subsidiary except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Equity Commonwealth)

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