Common use of Title to Contributed Assets Clause in Contracts

Title to Contributed Assets. Except as disclosed on Schedule 6.1 (collectively, the "Permitted Encumbrances"), no claims, liens, imperfections of title, security interests or other encumbrances have attached to any of the Contributed Assets, nor has any action or event occurred which will impair APS's ability to deliver valid and marketable title to the Contributed Assets. APS has taken all reasonably necessary action to maintain and protect any trademarks or trade names used in connection with the Facility. Set forth on Schedule 6. 1A hereto are lien search results showing certain UCC Financing Statements listing APS as debtor which APS believes were filed against it in error, but for which APS specifically indemnifies and holds harmless LLC pursuant to the provisions of Section 9.1 hereof.