Ownership of Real Property Sample Clauses

Ownership of Real Property. Except as would not reasonably be expected to have a Material Adverse Effect, each Credit Party has good, recordable and marketable title, in the case of Real Property (other than Leaseholds), and good title (or valid Leaseholds, in the case of any leased or subleased property), in the case of all other property, to all of its properties and assets necessary in the ordinary conduct of its business, free and clear of Liens other than Permitted Liens. The properties (and interests in properties) owned by the Credit Parties, taken as a whole, are sufficient, in the judgment of the Credit Parties, for conducting the businesses of the Credit Parties and their Restricted Subsidiaries. Schedule 5.12 sets forth all Real Property owned, leased or subleased by the Parent Borrower or any of its Restricted Subsidiaries as of the Closing Date, and the nature of the interest therein, is correctly set forth in, showing, as of the Closing Date, the street address, county or other relevant jurisdiction, state, record owner and estimated fair value thereof or, in the case of any leased or subleased property, the annual base rent payment.

Ownership of Real Property. Except as would not, individually or in the aggregage, reasonably be expected to have a Material Adverse Effect, each Credit Party has good, recordable and marketable title, in the case of Real Property (other than Leaseholds), and good title (or valid Leaseholds, in the case of any leased or subleased property), in the case of all other property, to all of its properties and assets necessary in the ordinary conduct of its business, free and clear of Liens other than Permitted Liens. The properties (and interests in properties) owned by the Credit Parties, taken as a whole, are sufficient, in the judgment of the Credit Parties, for conducting the businesses of the Credit Parties and their Restricted Subsidiaries. Schedule 5.12 sets forth all Real Property owned by the Parent Borrower or any of its Restricted Subsidiaries as of the Third Amendment Effective Date, showing, as of the Third Amendment Effective Date, the street address, county or other relevant jurisdiction, state, record owner and estimated fair value thereof.

Ownership of Real Property. Seller does not own any real property and does not own, hold or have any right to exercise any right to purchase any real property.

Ownership of Real Property. Notwithstanding anything to the contrary, ▇▇▇▇▇▇ has and shall at all times retain its fee estate in the Childcare Center, Play Area, and other portions of the ILC that ▇▇▇▇▇▇ owns (“▇▇▇▇▇▇ Property”), and nothing in this Agreement shall be deemed or construed to result in CCAG/NPSS having any lease-hold or other estate or interest in the ▇▇▇▇▇▇ Property.

Ownership of Real Property. Set forth on Schedule 1 is a list of the addresses of all Real Property owned in fee by any Owner, subject to the Leases and Permitted Exceptions, the legal descriptions of which, to Seller’s knowledge, are set forth on Exhibit A to each of the Commitments.

Ownership of Real Property. Borrower owns a leasehold estate in the Real Property free and clear of all liens and encumbrances subject only to the lien for real estate taxes for the year in which the closing of the Loan occurs and such other matters as have been approved by Lender in writing.

Ownership of Real Property. The Company and the Guarantors lease the real property located at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇. The Company has pledged all of the issued and outstanding capital stock of Lutrex Enterprises, Inc. and Global Modular, Inc. to BFI Business Finance pursuant to the terms of that certain Amended and Restated Stock Pledge Agreement dated as of October 26, 2004. These securities are currently in BFI Business Finance’s possession. None. None. None. None. None. The Company owns 100% of all stock of Global Modular, Inc. and Lutrex Enterprises, Inc.

Ownership of Real Property. The Seller's title to the Real Property is not directly or indirectly derived from any foreclosure proceeding or any proceeding for the sale of land for the nonpayment of Real Estate Taxes or assessments or from adverse possession or color of title in any manner which would affect the marketability of its title to the Real Property. The Seller has not received written notice of any claim against Seller, or breach by Seller, of the terms and provisions of any of the covenants, conditions, restrictions, rights-of-way or easements 18 constituting one or more of the Permitted Exceptions which are to be performed or complied with by the owner of the Real Property.

Ownership of Real Property. Own, or have any fee interest in, any real property.