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Common use of Necessary Property Clause in Contracts

Necessary Property. Borrower has all necessary rights in its Property (including all patents or trademarks) which are necessary to conduct the business of Borrower as now conducted.

Appears in 5 contracts

Sources: Loan and Security Agreement (PDS Gaming Corp), Loan and Security Agreement (PDS Financial Corp), Loan and Security Agreement (PDS Financial Corp)

Related Clauses

  • B8 Property
  • Proprietary Property
  • Partnership Property
  • Cooperative Property
  • Access to Property, Property’s Management, Property Lender, and Property Tenants

Parent Clauses

  • REPRESENTATIONS AND WARRANTIES OF THE COMPANY
  • REPRESENTATIONS AND WARRANTIES OF SELLER
  • REPRESENTATIONS AND WARRANTIES RELATING TO THE COMPANY
  • REPRESENTATIONS AND WARRANTIES
  • REPRESENTATIONS AND WARRANTIES OF THE SELLER
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