Title to Property, Etc. (a) Each of the Company and its Subsidiaries has good and marketable title in all its Property, except where the failure to have such good and marketable title would not reasonably be expected to cause a Material Adverse Change, and none of such Property is subject to any Lien, except Permitted Liens.
Appears in 4 contracts
Samples: Credit Agreement (Global Industries LTD), Credit Agreement (Global Industries LTD), Credit Agreement (Global Industries LTD)
Title to Property, Etc. (a) Each of the Parent Company and its Subsidiaries has good and marketable title in all its Property, except where the failure to have such good and marketable title would could not reasonably be expected to cause a Material Adverse Change, and none of such Property is subject to any Lien, except Permitted Liens.
Appears in 1 contract
