Common use of Title to Properties; Priority of Liens Clause in Contracts

Title to Properties; Priority of Liens. Each Borrower and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to Lender, in each case free of Liens except Permitted Liens. No Real Estate owned by a Borrower is located in a special flood hazard zone, except as disclosed on Schedule 9.

Appears in 3 contracts

Sources: Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.)

Title to Properties; Priority of Liens. Each Borrower and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to LenderAgent or Lenders, in each case free of Liens except Permitted Liens. No Real Estate owned by a Borrower is located in a special flood hazard zone, except as disclosed on Schedule 9.

Appears in 3 contracts

Sources: Loan and Security Agreement (Super Micro Computer, Inc.), Loan and Security Agreement (Super Micro Computer, Inc.), Loan and Security Agreement (Super Micro Computer, Inc.)

Title to Properties; Priority of Liens. Each Borrower Obligor and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to LenderAgent or Lenders, in each case free of Liens except Permitted Liens. No Real Estate owned by a Borrower is located in a special flood hazard zone, except as disclosed on Schedule 9.

Appears in 3 contracts

Sources: Loan and Security Agreement (FreightCar America, Inc.), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.), Loan and Security Agreement (Hydrofarm Holdings Group, Inc.)

Title to Properties; Priority of Liens. Each Borrower Except as set forth on Schedule 9.1.6, each Obligor and each Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to LenderAgent or Lenders, in each case free of Liens except Permitted Liens. No Real Estate owned by a Borrower is located in a special flood hazard zone, except as disclosed on Schedule 9.

Appears in 1 contract

Sources: Credit Agreement (Covenant Logistics Group, Inc.)

Title to Properties; Priority of Liens. Each Borrower and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to LenderAgent or Lenders, in each case free of Liens (except Permitted Liens), except as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. No Real Estate owned by a Borrower is located in a special flood hazard zonezone as of the Original Closing Date, except as disclosed on Schedule 9.

Appears in 1 contract

Sources: Loan, Guaranty and Security Agreement (BIG 5 SPORTING GOODS Corp)

Title to Properties; Priority of Liens. Each Borrower Obligor and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to LenderAgent or Lenders except for assets disposed of since the date of such financial statements to the extent permitted hereby, in each case free of Liens except Permitted Liens. No Real Estate owned by a Borrower an Obligor is located in a special flood hazard zone, except as disclosed on Schedule 9.

Appears in 1 contract

Sources: Loan, Guaranty and Security Agreement (Infinera Corp)

Title to Properties; Priority of Liens. Each Borrower and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to LenderAgent or Lenders, in each case free of Liens (except Permitted Liens), except as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect. No Real Estate owned by a Borrower is located in a special flood hazard zonezone as of the Closing Date, except as disclosed on Schedule 9.

Appears in 1 contract

Sources: Loan Agreement (BIG 5 SPORTING GOODS Corp)

Title to Properties; Priority of Liens. Each Borrower Obligor and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to LenderAgent or Lenders, in each case free of Liens except Permitted Liens. No To the extent real estate secured any Obligation, no Real Estate owned by a Borrower is located in a special flood hazard zone, except as disclosed on Schedule 9.

Appears in 1 contract

Sources: Loan Agreement (Key Tronic Corp)

Title to Properties; Priority of Liens. Each Borrower Obligor and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to LenderAgent or Lenders, in each case free of Liens except Permitted Liens. No As of the Second Fourth Amendment Effective Date, no Real Estate owned by subject to a Borrower Mortgage is located in a special flood hazard zone, except as disclosed on Schedule 9.

Appears in 1 contract

Sources: Loan, Guaranty and Security Agreement (Turtle Beach Corp)

Title to Properties; Priority of Liens. Each Borrower Obligor and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to LenderAgent or Lenders, in each case free of Liens except Permitted Liens. No To the extent constituting Collateral, no Real Estate owned by a Borrower is located in a special flood hazard zone, except as disclosed on Schedule 9.

Appears in 1 contract

Sources: Loan, Guaranty and Security Agreement (ArcLight Clean Transition Corp.)

Title to Properties; Priority of Liens. Each Borrower and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to Lender, in each case free of Liens except Permitted Liens. No Real Estate owned by a Borrower is located in a special flood hazard zone, except as disclosed on Schedule 9.

Appears in 1 contract

Sources: Loan and Security Agreement (HOOKER FURNISHINGS Corp)

Title to Properties; Priority of Liens. Each Borrower Obligor and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to LenderAgent or Lenders, in each case free of Liens except Permitted Liens. No As of the RestatementSecond Amendment Effective Date, no Real Estate owned by subject to a Borrower Mortgage is located in a special flood hazard zone, except as disclosed on Schedule 9.

Appears in 1 contract

Sources: Loan, Guaranty and Security Agreement (Turtle Beach Corp)

Title to Properties; Priority of Liens. Each Borrower and Subsidiary has good and marketable title to (or valid leasehold interests in) all of its Real Estate, and good title to all of its personal Property, including all Property reflected in any financial statements delivered to Lender, in each case free of Liens except Permitted Liens. No Real Estate owned by a Borrower is located in a special flood hazard zone, except as disclosed on Schedule 9.Agent or 133315237_8

Appears in 1 contract

Sources: Loan Agreement (Inari Medical, Inc.)