Titles, etc. Each Borrower and each of their Subsidiaries have good and defensible title to all of their respective assets, including without limitation, the Rigs, free and clear of all liens or other encumbrances except Permitted Liens.
Appears in 3 contracts
Samples: Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc), Credit Agreement (Atwood Oceanics Inc)
Titles, etc. Each Borrower and each of their Subsidiaries have has good and defensible title to all ------------ of their its respective assets, including without limitation, the RigsOil and Gas Properties, free and clear of all liens or other encumbrances except Permitted Liens.
Appears in 2 contracts
Samples: Loan Agreement (Gothic Energy Corp), Loan Agreement (Gothic Energy Corp)
Titles, etc. Each Borrower and each of their its Subsidiaries have good and defensible title to all of their respective assets, including without limitation, the Rigs, free and clear of all liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Titles, etc. Each Borrower and each of their its Subsidiaries have good and defensible title to all of their respective assets, including without limitation, the RigsRig, free and clear of all liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Titles, etc. Each of Borrower and each of their its Subsidiaries have has good and ------------ defensible title to all of their its respective assets, including without limitation, the RigsOil and Gas Properties (excluding from this representation any undeveloped acreage for which no value is assigned by the Banks), free and clear of all liens or other encumbrances except Permitted Liens.
Appears in 1 contract
Samples: Credit Agreement (Wiser Oil Co)