Properties and Facilities definition
Examples of Properties and Facilities in a sentence
The Properties and Facilities constitute all of the material assets, properties and rights of any type used in or necessary for the conduct of the Business.
Taken as a whole, the Properties and Facilities are in good repair, working order and condition (ordinary wear and tear excepted) and all such assets and properties are owned or leased by the Company and its Subsidiaries free and clear of all Liens, except for the Permitted Liens, or as otherwise permitted hereunder.
The Company and its Subsidiaries have good and marketable title to, or valid leasehold interests in or rights to use, all of the material assets and properties used by the Company and its Subsidiaries in the Business (collectively, the "Properties and Facilities"), subject to no Liens except for the Permitted Liens.
All of the Properties and Facilities are in good repair, working order and condition and all such assets and properties are, except as set forth in the SEC Reports.
Except as set forth in Schedule 4.1(q), the Company has good and marketable title to, or valid leasehold interests in, all of the material assets and properties used or useful by the Company in the Business (collectively, the "Properties and Facilities").
All of the Properties and Facilities are in good repair, working order and condition and all such assets and properties are owned by the Loan Parties free and clear of all Liens except for Permitted Liens.
All of the Properties and Facilities are in good repair, working order and condition and all such assets and properties are owned by the Company free and clear of all Liens, except as noted in the immediately preceding sentence.
The Loan Parties have good and marketable title to, or valid leasehold interests in, all of the material assets and properties used or useful by the Loan Parties in the Business (collectively, the "Properties and Facilities"), subject to no Liens except for Permitted Liens.
Brazos has no material assets other than the Properties and Facilities owned and to be acquired pursuant to the Lease Documents and the commitments of its limited partners to make capital contributions to Brazos, has no material liabilities other than pursuant to the Lease Documents and the Credit Documents, and has incurred no Indebtedness other than pursuant to the Credit Documents.
Each of the Borrower and each Guarantor has good title to or valid leasehold interest in all properties, assets and other rights which it purports to own or lease or which are reflected as owned or leased on its books and records (the "Properties and Facilities"), free and clear of all Liens and encumbrances except Permitted Liens, and subject to the terms and conditions of the applicable leases.