Common use of Owned Properties Clause in Contracts

Owned Properties. The "Owned Real Property Schedule" attached hereto sets forth a list of all owned real property (the "Owned Real Property") used by the Company or any of it Subsidiaries in the operation of the Company's or any of it Subsidiaries' business. With respect to each such parcel of Owned Real Property and except for Liens in favor of the Senior Lenders: (i) such parcel is free and clear of all covenants, conditions, restrictions, easements, liens or other encumbrances, except Permitted Encumbrances; (ii) there are no leases, subleases, licenses, concessions, or other agreements, written or oral, granting to any person the right of use or occupance of any portion of such parcel; and (iii) there are no outstanding actions or rights of first refusal to purchase such parcel, or any portion thereof or interest therein.

Owned Properties. The "Owned Real Property Schedule" attached ---------------- ---------------------------- hereto sets forth a list of all owned real property (the "Owned Real Property") ------------------- used by the Company or any of it Subsidiaries in the operation of the Company's or any of it Subsidiaries' business. With respect to each such parcel of Owned Real Property and except for Liens in favor of the Senior Lenders: (i) such parcel is free and clear of all covenants, conditions, restrictions, easements, liens or other encumbrances, except Permitted Encumbrances; (ii) there are no leases, subleases, licenses, concessions, or other agreements, written or oral, granting to any person the right of use or occupance of any portion of such parcel; and (iii) there are no outstanding actions or rights of first refusal to purchase such parcel, or any portion thereof or interest therein.

Owned Properties. The "Owned Real Property Schedule" attached hereto ---------------- ---------------------- sets forth a list of all owned real property (collectively, the "Owned Real ---------- Property") used by the Company or -------- any of it Subsidiaries in the operation of the Company's or any of it its Subsidiaries' business. With respect to each such parcel of Owned Real Property and except for Liens in favor of the Senior LendersProperty: (i) the Company has good and marketable title thereto and such parcel is free and clear of all covenants, conditions, restrictions, easements, liens or other encumbrancesLiens, except Liens set forth on the Real Property ------------- Schedule and Permitted Encumbrances; (ii) there are no leases, subleases, -------- licenses, concessions, or other agreements, written or oral, granting to any person the right of use or occupance occupancy of any portion of such parcel; and (iii) there are no outstanding actions or rights of first refusal to purchase such parcel, or any portion thereof or interest therein.