Each of the Credit Parties and its Subsidiaries has (i) good, sufficient and legal title to (in the case of fee interests in real property), (ii) valid leasehold interests in (in the case of leasehold interests in real or personal property), and (iii) good title to (in the case of all other personal property), all of their respective material properties and assets reflected in their financial statements and other information referred to in Section 6.7 and in the most recent financial statements delivered pursuant to Section 7.1 , in each case except for assets disposed of since the date of such financial statements as permitted under Section 8.10 or in a disposition that does not constitute an Asset Sale. All such properties and assets are free and clear of Liens other than Permitted Liens.