Common use of Rights in Properties; Liens Clause in Contracts

Rights in Properties; Liens. Each Borrower, Guarantor and each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.2, and none of the properties, assets or leasehold interests of any Borrower, Guarantor or any Subsidiary is subject to any Lien, except as permitted by this Agreement.

Appears in 2 contracts

Sources: Loan Agreement (Horizon Offshore Inc), Loan Agreement (Horizon Offshore Inc)

Rights in Properties; Liens. Each Borrower, Guarantor The Borrower and each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets assets, and leasehold interests reflected in the financial statements described in Section 6.27.2, and none of the properties, assets assets, or leasehold interests of any Borrower, Guarantor the Borrower or any Subsidiary is subject to any Lien, except as permitted by this AgreementSection 9.2.

Appears in 2 contracts

Sources: Credit Agreement (Software Spectrum Inc), Credit Agreement (Dave & Busters Inc)

Rights in Properties; Liens. Each Borrower, Guarantor and each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.2, and none of the properties, assets or leasehold interests of any Borrower, Guarantor or any Subsidiary is subject to any Lien, except as permitted by this Agreement.

Appears in 2 contracts

Sources: Loan Agreement (Arabian American Development Co), Loan Agreement (Arabian Shield Development Co)

Rights in Properties; Liens. Each Borrower, Borrower and Guarantor and each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.2., and none of the properties, assets or leasehold interests of any Borrower, Borrower or Guarantor or any Subsidiary is subject to any Lien, except as permitted by this AgreementSection 8.2.

Appears in 2 contracts

Sources: Loan Agreement (American Locker Group Inc), Loan Agreement (American Locker Group Inc)

Rights in Properties; Liens. Each Borrower, each Guarantor and each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.2, and none of the properties, assets or leasehold interests of any Borrower, any Guarantor or any Subsidiary is subject to any Lien, except as permitted by this Agreement.

Appears in 2 contracts

Sources: Loan Agreement (Oyo Geospace Corp), Loan Agreement (Oyo Geospace Corp)

Rights in Properties; Liens. Each Borrower, Guarantor The Borrower and each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets assets, and leasehold interests reflected in the financial statements described in Section 6.24.2, and none of the properties, assets assets, or leasehold interests of any Borrower, Guarantor the Borrower or any Subsidiary is subject to any Lien, except as permitted by this AgreementSection 6.2.

Appears in 1 contract

Sources: Loan Agreement (Industrial Holdings Inc)

Rights in Properties; Liens. Each Borrower, each Guarantor and each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.28.2, and none of the properties, assets or leasehold interests of any Borrower, any Guarantor or any Subsidiary is subject to any Lien, except as permitted by this Agreementfor Permitted Liens.

Appears in 1 contract

Sources: Loan Agreement (Orion Marine Group Inc)

Rights in Properties; Liens. Each Borrower, each Guarantor and each Subsidiary have good and indefeasible marketable title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.27.2, and none of the properties, assets or leasehold interests of any Borrower, any Guarantor or any Subsidiary is subject to any Lien, except as permitted by this Agreement.

Appears in 1 contract

Sources: Loan Agreement (Spacehab Inc \Wa\)

Rights in Properties; Liens. Each Borrower, Guarantor The Borrower and each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets assets, and leasehold interests reflected in the financial statements described in Section 6.2SECTION 8.2 hereto, and none of the properties, assets assets, or leasehold interests of any Borrower, Guarantor the Borrower or any Subsidiary is subject to any Lien, except as permitted by this Agreement.SECTION 10.2

Appears in 1 contract

Sources: Credit Agreement (Snelling & Snelling Inc)

Rights in Properties; Liens. Each Borrower, Guarantor Parent and each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets and leasehold interests reflected in the financial statements described in Section 6.2, and none of the properties, assets or leasehold interests of any Borrower, Guarantor Parent or any Subsidiary is subject to any Lien, except as permitted by this Agreement.

Appears in 1 contract

Sources: Exim Guaranteed Loan Agreement (Horizon Offshore Inc)

Rights in Properties; Liens. Each BorrowerThe Parent Guarantor, Guarantor each Borrower and each Subsidiary have good and indefeasible marketable title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets assets, and leasehold interests reflected in the financial statements described in Section 6.2SECTION 8.2, and none of the properties, assets assets, or leasehold interests of the Parent Guarantor, any Borrower, Guarantor Borrower or any Subsidiary is subject to any Lien, except as permitted by this AgreementSECTION 10.2.

Appears in 1 contract

Sources: Credit Agreement (Pride International Inc)

Rights in Properties; Liens. Each Borrower, Guarantor The Borrower and each Subsidiary have good and indefeasible marketable title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets assets, and leasehold interests reflected in the financial statements described in Section 6.28.2, and none of the properties, assets assets, or leasehold interests of any Borrower, Guarantor the Borrower or any Subsidiary is subject to any Lien, except as permitted by this AgreementSection 10.2.

Appears in 1 contract

Sources: Credit Agreement (Pride Petroleum Services Inc)