Assets and Property. Borrower will maintain, keep, and preserve all of its assets (tangible and intangible) necessary or useful in the proper conduct of its business and operations in good working order and condition, ordinary wear and tear excepted.
Assets and Property. Borrower shall maintain, keep, and preserve all of its assets and property (tangible and intangible) necessary or useful in the proper conduct of its business and operations in good working order and condition, ordinary wear and tear excepted. Borrower shall promptly obtain and maintain, from time to time at its own expense, all Approvals and Permits as may be required to enable it to comply with its obligations hereunder and under the other Loan Documents.
Assets and Property. Except as set forth in Schedule 2.15:
Assets and Property. (a) The Acquired Assets, together with the Excluded Assets, constitute all the assets currently used by the Seller in the operation of the Business. The Seller has title to the Acquired Assets it purports to own, free and clear of all Liens, claims and encumbrances, and valid leasehold interests in all Acquired Assets it purports to lease, except in each case only for the Permitted Encumbrances.
Assets and Property. 49 5.7 Insurance.......................................................................................... 50 5.7.1 Property............................................................................. 50 5.7.2 Liability............................................................................ 50 5.7.3 Worker's Compensation................................................................ 50 5.7.4 Flood................................................................................ 50 5.7.5 Engineer............................................................................. 51 5.7.6 Builder's Risk....................................................................... 51 5.7.7 Other................................................................................ 51 5.7.8 Evidence............................................................................. 51 5.8 ERISA.............................................................................................. 51 5.9
Assets and Property. Borrower shall, or shall cause each Subsidiary to, maintain, keep, and preserve all of its assets and property (tangible and intangible) necessary or useful in the proper conduct of its business and operations in good working order and condition, ordinary wear and tear excepted.
Assets and Property. 5.10.1. Each Company and each of its Subsidiaries has good and valid title to all property, equipment and other assets that it purports to own, including the Principal Products (whether personal, tangible or intangible), free and clear of any Lien and has valid and enforceable leasehold interests in the premises and the material equipment, furniture and fixtures purported to be leased by it. Neither Company nor any Subsidiary of a Company owns any real property.
Assets and Property. (a) Optium and its Subsidiaries have good and valid title to all property and assets that is reflected on the Optium Balance Sheet as owned by them or that has been acquired after the date thereof (except for property and assets sold or otherwise disposed of in the ordinary course of business since the date thereof), free and clear of all Liens except such imperfections or irregularities of title or Liens as do not affect the use of the properties or assets subject thereto or affected thereby or otherwise impair business operations at such properties, in either case in such a manner as to have a Material Adverse Effect on Optium.
Assets and Property. (a) Finisar and its Subsidiaries have good and valid title to all property and assets that is reflected on the Finisar Balance Sheet as owned by them or that has been acquired after the date thereof (except for property and assets sold or otherwise disposed of in the ordinary course of business since the date thereof), free and clear of all Liens except such imperfections or irregularities of title or Liens as do not affect the use of the properties or assets subject thereto or affected thereby or otherwise impair business operations at such properties, in either case in such a manner as to have a Material Adverse Effect on Finisar.
Assets and Property. (a) Except as described in Section 2.18(a) of the Company Disclosure Schedules, the Company and its Subsidiaries have good and marketable title to or a valid leasehold estate, free and clear of any Liens (other than Permitted Liens), in all properties and assets reflected on the December 31, 2005 balance sheet contained in the Most Recent Financial Statements or acquired after the date thereof (except for properties or assets subsequently sold, and leases that are subsequently terminated, in the ordinary course of business or otherwise as contemplated by this Agreement).
