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.
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Samples: Financing Agreement (EQM Technologies & Energy, Inc.), Financing Agreement (EQM Technologies & Energy, Inc.)
Title to Property; No Liens. Borrower has (i) good and indefeasible title to, and ownership of, all of its personal propertyproperty (exclusive of that property for which it has only a leasehold estate), including the Loan Collateral provided by it and (ii) good and marketable fee simple title to all of its real property, in each case case, free and clear of all Liens except to the extent of Permitted Liens.
Appears in 2 contracts
Samples: Financing Agreement (CitiSteel PA, Inc.), Financing Agreement (CitiSteel PA, Inc.)
Title to Property; No Liens. Each Borrower has (i) good and indefeasible title to, and ownership of, all of its personal property, including the Loan Collateral provided by it and (ii) good and marketable fee simple title to all of its owned real property, in each case free and clear of all Liens except to the extent of Permitted Liens.
Appears in 2 contracts
Samples: Financing Agreement (Suntron Corp), Note Purchase Agreement (Suntron Corp)
Title to Property; No Liens. The 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 property (tangible and intangible) necessary for the proper and efficient operations of its real propertythe Borrower's business. Except as permitted under Section 6.9, in each case free none of the Borrower's assets and clear properties, including without limit the Collateral, are subject to any Lien of all Liens except to the extent of Permitted Liensany kind or character.
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Title to Property; No Liens. Each Borrower and each of its Subsidiaries has (i) good good, indefeasible and indefeasible merchantable title to, 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 propertyand personal property including, in each case without limitation, the Loan Collateral, and other security for the Obligations, free and clear of all Liens, except for Permitted Liens except and other Liens permitted pursuant to the extent of Permitted LiensSection 10.12 hereof.
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Title to Property; No Liens. Borrower has (ia) good and indefeasible title to, and ownership of, all of its personal propertyproperty (other than leases of personal property by Borrower in the ordinary course of its business), including the Collateral and (iib) good and marketable fee simple title to all of its real propertyproperty (other than leases of real property by Borrower in the ordinary course of its business), in each case free and clear of all Liens except to the extent of Permitted Liens.
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Title to Property; No Liens. Each 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.
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Title to Property; No Liens. Each Borrower has (i) good and indefeasible title to, and ownership of, all of its personal property, exclusive of property for which it has only a leasehold estate, including the Collateral and (ii) good and marketable fee simple title to all of its real propertyproperty owned by it, in each case free and clear of all Liens except to the extent of Permitted Liens.
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