Title to Property; No Liens. As of the Closing Date, to the best of Borrower’s knowledge, Borrower has good, indefeasible and merchantable title to the Property, free and clear of all Liens except Permitted Liens.
Title to Property; No Liens. The Borrower and each Subsidiary of the Borrower has good and marketable title in fee simple to all real Property owned or purported to be owned by it and good title to all other Property of whatever nature owned or purported to be owned by it, including but not limited to all Property reflected in the most recent audited balance sheet referred to in Section 3.06 or submitted pursuant to Section 5.01(b), as the case may be (except as sold or otherwise disposed of in the ordinary course of business after the date of such balance sheet), subject to no Liens except for (i) Liens reflected in the most recent audited balance sheet referred to in Section 3.06 or submitted pursuant to Section 5.01(b), as the case may be, (ii) Liens consisting of zoning or planning restrictions, easements, permits and other restrictions or limitations on the use of real Property or irregularities in title thereto which do not materially detract from the value of, or impair the use of, such Property by the Borrower or any Subsidiary of the Borrower in the operation of its business, (iii) Liens for current Taxes not yet due and delinquent and (iv) Liens set forth on Schedule IV.
Title to Property; No Liens. Borrower has (i) good and indefeasible title to, and ownership of, all of its personal property, including the Collateral and (ii) good and marketable fee simple title to all of its real property, in each case free and clear of all Liens except to the extent of Permitted Liens.
Title to Property; No Liens. Each of the Borrower and each Guarantor has good and marketable title to all of its properties and assets. The properties and assets of the Borrower, the Guarantors and each Subsidiary of the Borrower or a Guarantor are not subject to any Lien other than those described in Section 5.02(a) hereof.
Title to Property; No Liens. Guarantor will have: (i) good and indefeasible title to, and ownership of, all of its personal property and (ii) good and marketable fee simple title to all of its real property, in each case free and clear of all Liens except to the extent of Permitted Liens.
Title to Property; No Liens. The Borrower has good --------------------------- title to all property used in connection with its business except as set forth in Schedule 3.8. There are no Liens or encumbrances on the assets of the ------------ Borrower other than Permitted Liens.
Title to Property; No Liens. As of the Effective Date, to the best of Borrowers’ knowledge, Borrowers have good, indefeasible and merchantable title to each of the Properties (and a leasehold Title as to the 2500 Regxxx Xxxxxxxxx Xxxxxxxy) that it owns, free and clear of all Liens except Permitted Liens.
Title to Property; No Liens. Borrower has good, indefeasible and merchantable title to and ownership of, or leasehold interest in, all of its real and personal property, including, without limitation, its Collateral, and other security for the Obligations, free and clear of all liens, claims, security interests, assignments, mortgages, pledges and encumbrances, except Permitted Liens and except as described in SCHEDULE 3 attached hereto and incorporated herein by reference.
Title to Property; No Liens. Each Borrower and each Guarantor Subsidiary has good, indefeasible and merchantable title to and ownership of, or leasehold interest in, all of its real and personal property, including, without limitation, its Collateral, the Premises, and other security for the Obligations, free and clear of all liens, claims, security interests, assignments, mortgages, pledges and encumbrances, except Permitted Liens and except as described in SCHEDULE 4 attached hereto and incorporated herein by reference.
Title to Property; No Liens. Each Borrower will, and each Borrower will cause each Guarantor Subsidiary, Home Impressions, Inc. and Experimental Distributing, Inc. to, continue to maintain good, indefeasible and merchantable title to and ownership of, or interest (leasehold or otherwise) in, all of its real and personal property, including, without limitation, the Collateral, the Premises, and other security for the Obligations, free and clear of all liens, claims, security interests, assignments, mortgages, pledges and encumbrances, except Permitted Liens and except as described on Schedule 4 attached hereto and incorporated herein by reference.
