Common use of Assets of the Company Clause in Contracts

Assets of the Company. The Company has perfect title to all of the tangible or intangible property listed in the Financial Statements, including such assets that were acquired subsequent to the last balance sheet corresponding to the normal course of business. None of the assets of the Company are subject to encumbrances, pledges or claims of any type whatsoever. The assets currently used by the Company in its operations are in good condition and have been maintained and cared for according to their intended use. Appendix 4.7 herein lists the assets owned by the Company.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Terra Networks Sa), Stock Purchase Agreement (Terra Networks Sa), Stock Purchase Agreement (Terra Networks Sa)

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