Title to Property and Collateral Sample Clauses
Title to Property and Collateral. Borrower and/or Property Owner, where applicable, has good and marketable title to all of its assets and property, including, without limitation, the Property and the Collateral, and the Collateral is not subject to any Liens, security interests or other encumbrances except for (a) those of the Lender, (b) those expressly permitted by the provisions of this Agreement or any of the other Financing Documents, or (c) those set forth in the Title Insurance Policy furnished to the Lender pursuant to Section 3.1.6 hereof or otherwise disclosed to Lender in writing, and reviewed by Lender as a part of Lender's due diligence.
Title to Property and Collateral. The Company has good and marketable title in fee simple to such of the Property (as defined in the Mortgage) as constitutes real property, good and merchantable title to such of the Property (as defined in the Mortgage) as constitutes personal property, and good and merchantable title to the Collateral (as defined in the Security Agreement) subject in each case to no Liens other than the Liens of the Collateral Documents and Permitted Encumbrances.
Title to Property and Collateral. As of the Closing Date, the Company has good and marketable title in fee simple to such of the Property (as defined in the Deed of Trust) as constitutes real property and good and merchantable title to the Collateral (as defined in the Security Agreement) subject in each case to no Liens other than the Liens of the Collateral Documents and Permitted Encumbrances.