Common use of Title to Property; Leases Clause in Contracts

Title to Property; Leases. Each of the Company and its Subsidiaries have good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary and used in the ordinary conduct of its business, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 4 contracts

Samples: Multicurrency Private Shelf Agreement (Henry Schein Inc), Master Note Purchase Agreement (Henry Schein Inc), Master Note Purchase Agreement

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Title to Property; Leases. Each of the Company and its Subsidiaries have the other Obligors has good record and marketable title in fee simple to, or valid leasehold interests in, all its real and personal property necessary and used in the ordinary conduct of material to its business, except for such minor defects in title that do not interfere with its ability to conduct its business as could not, individually currently conducted or in the aggregate, reasonably be expected to have a Material Adverse Effectutilize such properties for their intended purposes.

Appears in 4 contracts

Samples: Note Purchase Agreement (Solar Senior Capital Ltd.), Note Purchase Agreement (Solar Capital Ltd.), Fifth Supplement to Note Purchase Agreement (SLR Investment Corp.)

Title to Property; Leases. Each of the Company and its Restricted Subsidiaries have good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary and used in the ordinary conduct of its business, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Master Note Purchase Agreement (Henry Schein Inc), Private Shelf Agreement (Henry Schein Inc), Private Shelf Agreement (Henry Schein Inc)

Title to Property; Leases. Each of the The Company and its Subsidiaries have good record and marketable title in fee simple to, or valid leasehold interests in, all their respective real property properties necessary and or used in the ordinary conduct of its their business, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, and in each case free and clear of Liens prohibited by this Agreement.

Appears in 3 contracts

Samples: Note Purchase Agreement (Kilroy Realty, L.P.), Note Purchase Agreement (Kilroy Realty, L.P.), Note Purchase Agreement (Kilroy Realty, L.P.)

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Title to Property; Leases. Each of the (a) The Company and each of its Subsidiaries have has good record and marketable title in fee simple to, or valid leasehold interests in, all real property necessary and or used in the ordinary conduct of its business, except for Liens in favor of the Collateral Agent and Permitted Liens, and except for such defects in title as could not, not individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. (b) The property of the Company and each of its Subsidiaries is free and clear of all Liens except for Permitted Liens.

Appears in 2 contracts

Samples: Note Purchase Agreement (Spartech Corp), Note Purchase Agreement (Spartech Corp)

Title to Property; Leases. Each of the The Company and its Subsidiaries have good record and marketable title in fee simple to, or valid leasehold interests in, all their respective real property properties necessary and or used in the ordinary conduct course of its their business, except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect, and in each case free and clear of Liens prohibited by this Agreement.

Appears in 1 contract

Samples: Note Purchase Agreement (STORE CAPITAL Corp)

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