Common use of Indefeasible Title Clause in Contracts

Indefeasible Title. Borrower and the UPP Subpartnerships, as applicable, shall have good, indefeasible and merchantable title to the Unencumbered Pool Properties, free and clear of all Liens other than Permitted Liens.

Appears in 2 contracts

Sources: Credit Agreement (Spieker Properties Inc), Credit Agreement (Spieker Properties Inc)