Common use of Title to Property; Liens Clause in Contracts

Title to Property; Liens. Each Credit Party has good and marketable title to all assets and other property purported to be owned by it, and the Bank has a perfected first priority Lien on all of the Collateral subject to no other Lien.

Appears in 3 contracts

Samples: Credit Agreement (Inergy Holdings, L.P.), Credit Agreement (Inergy Holdings, L.P.), Credit Agreement (Inergy Holdings LLC)

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Title to Property; Liens. Each Credit Loan Party has good and marketable title to all assets and other property purported to be owned by it, and the Bank has a perfected first priority Lien on all of the Collateral therein subject to no other LienLiens except for Permitted Liens.

Appears in 1 contract

Samples: Credit Agreement (LIVE VENTURES Inc)

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