Common use of Title to Property and Assets; Leases Clause in Contracts

Title to Property and Assets; Leases. Except (a) for liens for current taxes not yet delinquent, (b) for liens imposed by law and incurred in the ordinary course of business for obligations not past due to carriers, warehousemen, laborers, materialmen and the like, (c) for liens in respect of pledges or deposits under workers' compensation laws or similar legislation, or (d) for minor defects in title, none of which, individually or in the aggregate, materially interferes with the use of such property, the Company has good and marketable title to its property and assets free and clear of all mortgages, liens, claims and encumbrances. With respect to the property and assets it leases, the Company is in compliance with such leases and, to the best of its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances, subject to clauses (a)-(d) above.

Title to Property and Assets; Leases. Except (ai) for liens for current taxes not yet delinquent, (bii) for liens imposed by law and incurred in the ordinary course of business for obligations not past due to carriers, warehousemen, laborers, materialmen and the like, (ciii) for liens in respect of pledges or deposits under workers' compensation laws or similar legislation, legislation or (div) for minor defects in title, none of which, individually or in the aggregate, materially interferes with the use of such property, the Company has good and marketable title to its property and assets free and clear of all mortgages, liens, claims claims, and encumbrances. With respect to the property and assets it leases, the Company is in compliance with such leases and, to the best of its knowledge, holds a valid leasehold interest free of any liens, claims claims, or encumbrances, subject to clauses (a)-(di)-(iv) above.

Title to Property and Assets; Leases. Except (ai) for liens for current taxes not yet delinquent, (bii) for liens imposed by law and incurred in the ordinary course of business for obligations not past due to carriers, warehousemen, laborers, materialmen and the like, (ciii) for liens in respect of pledges or deposits under workers' ’ compensation laws or similar legislation, legislation or (div) for minor defects in title, none of which, individually or in the aggregate, materially interferes interfere with the use of such propertyproperties and assets (“Permitted Encumbrances”), the Company has good and marketable title to its property properties and assets free and clear of all mortgages, liens, claims and other encumbrances. With respect to the property properties and assets it leases, the Company is in compliance with such leases and, to the best of its knowledge, and holds a valid leasehold interest free of any mortgages, liens, claims or encumbrances, subject to clauses (a)-(di)-(iv) above.

Title to Property and Assets; Leases. Except (a) for liens for ------------------------------------ current taxes not yet delinquent, (b) for liens imposed by law and incurred in the ordinary course of business for obligations not past due to carriers, warehousemen, laborers, materialmen and the like, (c) for liens in respect of pledges or deposits under workers' compensation laws or similar legislation, or (d) for minor defects in title, none of which, individually or in the aggregate, materially interferes with the use of such property, the Company has good and marketable title to its property and assets free and clear of all mortgages, liens, claims and encumbrances. With respect to the property and assets it leases, the Company is in compliance with such leases and, to the best of its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances, subject to clauses (a)-(d) above.