Common use of Title to Property; Liens Clause in Contracts

Title to Property; Liens. The Borrower has good and marketable title to all property purported to be owned by it subject to no Liens other than Permitted Liens.

Appears in 11 contracts

Samples: Credit Agreement (Tortoise Midstream Energy Fund, Inc.), Credit Agreement (Tortoise Energy Infrastructure Corp), Credit Agreement (Tortoise Energy Infrastructure Corp)

AutoNDA by SimpleDocs

Title to Property; Liens. The Borrower has good and marketable title to all property purported to be owned by it it, and the Bank has a perfected first priority Lien on all investment assets of the Borrower (including, without limitation, all investment property), instruments, accounts and general intangibles) subject to no Liens other than except for Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Tortoise Capital Resources Corp), Credit Agreement (Tortoise North American Energy Corp)

Title to Property; Liens. The Borrower has good and marketable title to all assets and other property purported to be owned by it it, and the Banks have a perfected first priority Lien therein subject to no other Liens other than except for Permitted Liens.

Appears in 2 contracts

Samples: Credit Agreement (Tortoise Gas & Oil Corp), Credit Agreement (Tortoise Capital Resources Corp)

Title to Property; Liens. The Borrower has good and marketable title to all property purported to be owned by it it, and the Bank has a perfected first priority Lien on all investment assets of the Borrower (including, without limitation, all investment property), instruments, accounts and general intangibles) subject to no Liens other than Lien except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Tortoise Energy Capital Corp)

AutoNDA by SimpleDocs

Title to Property; Liens. The Each Borrower has good and marketable valid (or, in the case of real property, marketable) title to all assets and other property purported to be owned by it it, and the Bank has a perfected first priority Lien thereon subject to no Liens Lien other than Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Liquidmetal Technologies Inc)

Title to Property; Liens. The Borrower has Except for Permitted Liens, the ------------------------ Borrowers have good and marketable title to all assets and other property purported to be owned by it them, and the Bank has a perfected lien in all of the Collateral subject to no Liens other than liens or claims except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (Zoltek Companies Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.