Common use of Titles to Properties Clause in Contracts

Titles to Properties. Except as set forth in Schedule 5.1(g) or, with respect to property other than the Collateral, for such matters which would not have a Materially Adverse Effect, the Borrower and each of its Subsidiaries has good and marketable title to or a valid leasehold interest in all its real estate and valid and legal title to or a valid leasehold interest in all personal property and assets used in or necessary to the conduct of its business, including, but not limited to, those reflected on the consolidated balance sheet of the Borrower delivered pursuant to Section 5.1(m)(ii).

Appears in 2 contracts

Sources: Loan and Security Agreement (International Comfort Products Corp), Loan Agreement (International Comfort Products Corp)

Titles to Properties. Except as set forth in Schedule 5.1(g) or6.l(f), with respect to property other than the Collateral, for such matters which would not have a Materially Adverse Effect, each of the Borrower and each of its Subsidiaries has good good, marketable and marketable legal title to to, or a valid leasehold interest in all in, its real estate properties and valid and legal title to or a valid leasehold interest in all personal property and assets used in or necessary to the conduct of its businessassets, including, but not limited to, those reflected on the consolidated Consolidated balance sheet of the Borrower Syratech and its Consolidated Subsidiaries delivered pursuant to Section 5.1(m)(ii6.1(m), except those which have been disposed of subsequent to such date in the ordinary course of business.

Appears in 1 contract

Sources: Loan and Security Agreement (Syratech Corp)

Titles to Properties. Except as set forth in Schedule 5.1(g) or), with respect to property other than the Collateral, for such matters which would not have a Materially Adverse Effect, the each of Borrower and each of its Subsidiaries has good and marketable title to or a valid leasehold interest in all its real estate and valid and legal title to or a valid leasehold interest in all personal property and assets used in or necessary to the conduct of its Borrower's or such Subsidiary's business, as applicable, including, but not limited to, those reflected on the consolidated balance sheet of the Borrower and its Subsidiaries delivered pursuant to Section 5.1(m)(ii).

Appears in 1 contract

Sources: Loan and Security Agreement (Acr Group Inc)

Titles to Properties. Except as set forth in Schedule 5.1(g) orSCHEDULE 5.1.7, with respect to property other than the Collateral, for such matters which would not have a Materially Adverse Effect, the each Borrower and each of its Subsidiaries has good and marketable title to or a valid leasehold interest in all its real estate Real Estate and valid and legal title to or a valid leasehold interest in all personal property and assets used in or necessary to the conduct of its such Borrower's business, including, but not limited to, those reflected on the consolidated most recent balance sheet of the Borrower Borrowers delivered pursuant to Section 5.1(m)(ii)SECTION 5.1.13.

Appears in 1 contract

Sources: Loan Agreement (Offshore Tool & Energy Corp)

Titles to Properties. Except as set forth in Schedule 5.1(g) or, with respect to property other than the Collateral, for such matters which would not have a Materially Adverse Effect), the Borrower and each of its Subsidiaries has good and marketable title to or a valid leasehold interest in all its real estate and valid and legal title to or a valid leasehold interest in all personal property and assets used in or necessary to the conduct of its the Borrower's business, including, but not limited to, those reflected on the consolidated balance sheet of the Borrower delivered pursuant to Section 5.1(m)(ii5.1(m).

Appears in 1 contract

Sources: Loan Agreement (Us Franchise Systems Inc/)

Titles to Properties. Except as set forth in Schedule 5.1(g) or6.1(f), with respect to property other than the Collateral, for each of such matters which would not have a Materially Adverse Effect, the Borrower and each of its Subsidiaries has good good, marketable and marketable legal title to to, or a valid leasehold interest in all in, its real estate properties and valid and legal title to or a valid leasehold interest in all personal property and assets used in or necessary to the conduct of its businessassets, including, but not limited to, those reflected on the consolidated Consolidated balance sheet of the Borrower Syratech and its Consolidated Subsidiaries delivered pursuant to Section 5.1(m)(ii6.1(m), except those which have been disposed of subsequent to such date in the ordinary course of business.

Appears in 1 contract

Sources: Loan and Security Agreement (Syratech Corp)

Titles to Properties. Except as set forth in Schedule 5.1(g) or, with respect to property other than the Collateral, for such matters which would not have a Materially Adverse Effect), the Borrower and each of its Subsidiaries has good and marketable title to or a valid leasehold interest in all its real estate Real Estate and valid and legal title to or a valid leasehold interest in all personal property and assets used in or necessary to the conduct of its the Borrower's business, including, but not limited to, those reflected on the consolidated balance sheet of the Borrower delivered pursuant to Section 5.1(m)(ii).

Appears in 1 contract

Sources: Loan and Security Agreement (Shoneys Inc)

Titles to Properties. Except as set forth in Schedule 5.1(g) or5.01(g), with respect to property other than the Collateral, for such matters which would not have a Materially Adverse Effect, the each Borrower and each of its Subsidiaries has good and marketable title to or a valid leasehold interest in all its real estate Real Estate and valid and legal title to or a valid leasehold interest in all personal property and assets used in or necessary to the conduct of its such Borrower's business, including, but not limited to, those reflected on the consolidated balance sheet of the Borrower Borrowers delivered pursuant to Section 5.1(m)(ii5.01(m)(ii).. 78369 39

Appears in 1 contract

Sources: Loan and Security Agreement (Intellicall Inc)