Common use of Title to Property; Leases Clause in Contracts

Title to Property; Leases. Each of the Parent, the Issuer and their Subsidiaries has good and sufficient title in fee simple to, or valid leasehold interests in, their respective properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Parent, the Issuer or any Subsidiary after such date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Title to Property; Leases. Each of the The Parent, the Issuer and their the Subsidiaries has have good and sufficient title in fee simple to, or valid leasehold interests in, to their respective owned properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Parent, the Issuer or any Subsidiary after such date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Title to Property; Leases. Each of the Parent, the Issuer Borrower and their its Subsidiaries has have good and sufficient title in fee simple to, or valid leasehold interests in, to their respective properties which the Borrower and its Subsidiaries own or purport to own that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 5.1(d) or purported to have been acquired by the Parent, the Issuer Borrower or any Subsidiary after such said date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Title to Property; Leases. Each of the Parent, the Issuer The Obligors and their Subsidiaries has each Subsidiary have good and sufficient title in fee simple to, or valid leasehold interests in, to their respective properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Parent, the Issuer either Obligor or any Subsidiary after such date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this AgreementAgreement or any other Financing Document. All leases that either Obligor or any Subsidiary is party to as lessee and that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Title to Property; Leases. Each of the Parent, the Issuer The Obligors and their Subsidiaries has have good and sufficient title in fee simple to, or valid leasehold interests in, to their respective properties which the Obligors and their Subsidiaries own or purport to own that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Parent, the Issuer Obligors or any Subsidiary after such said date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Title to Property; Leases. Each of the Parent, the Issuer The Company and their its Subsidiaries has have good and sufficient title in fee simple to, or valid leasehold interests in, to their respective properties which the Company and its Subsidiaries own or purport to own that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Parent, the Issuer Company or any Subsidiary after such said date (except as sold or otherwise disposed of in the ordinary course of businessbusiness and except for the sale of 380 Development LLC), in each case free and clear of Liens prohibited by this Agreement. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Title to Property; Leases. Each of The Guarantor and the Parent, the Issuer and their Restricted Subsidiaries has have good and sufficient title in fee simple to, or valid leasehold interests in, to their respective properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 of the Note Purchase Agreements or purported to have been acquired by the Parent, the Issuer Guarantor or any Restricted Subsidiary after such said date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreementthe Note Purchase Agreements. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Title to Property; Leases. Each of the Parent, the Issuer The Parent and their its Subsidiaries has have good and sufficient title in fee simple to, or valid leasehold interests in, to their respective properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Parent, the Issuer Parent or any Subsidiary after such said date (except as sold or otherwise disposed of in the ordinary course of businessbusiness and except for minor defects in title that do not interfere with their ability to conduct their business as currently conducted), in each case free and clear of Liens prohibited by this Agreement. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Title to Property; Leases. Each of the Parent, the Issuer The Parent and their its Subsidiaries has have good and sufficient title in fee simple to, or valid leasehold interests in, to their respective properties that which the Parent and its Subsidiaries own or purport to own that, individually or in the aggregate aggregate, are Material, including all such properties reflected in the most recent audited balance sheet sheets referred to in Section 5.5 or purported to have been acquired by the Parent, the Issuer Parent or any Subsidiary after such date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement. All leases that that, individually or in the aggregate aggregate, are Material are valid and subsisting and are in full force and effect in all material respects.

Title to Property; Leases. Each of The Parent and the Parent, the Issuer and their Subsidiaries has have good and sufficient title in fee simple to, or valid leasehold interests in, their respective properties Properties that individually or in the aggregate are Material, including all such properties Properties reflected in the most recent audited balance sheet referred to in Section 5.5 A.5 or purported to have been acquired by the Parent, the Issuer Parent or any Subsidiary of the Subsidiaries after the date of such balance sheet date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreementthe Financing Documents. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.