Common use of Assets Clause in Contracts

Assets. It and each of its Subsidiaries has good and marketable title to, or valid leases or licences of, or is otherwise entitled to use (in each case, on arm’s length terms), all material assets necessary for the conduct of its business as it is being, and is proposed to be, conducted.

Appears in 14 contracts

Samples: Cascal Facility Agreement (Cascal N.V.), Facilities Agreement (Marine Harvest ASA), Cascal Facility Agreement (Cascal N.V.)

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Assets. It and each of its Subsidiaries has good and marketable title to, or valid leases or licences of, of or is otherwise entitled to use (in each case, on arm’s length terms)use, all material assets necessary for the conduct of required by it to carry on its business as it is being, and or is proposed to be, conducted.

Appears in 14 contracts

Samples: Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC), Facilities Agreement (Xstrata PLC)

Assets. It and each of its Subsidiaries has good and marketable title to, or valid leases or licences of, or is otherwise entitled to use (in each case, on arm’s 's length terms), all material assets necessary for the conduct of its business as it is being, and is proposed to be, conducted.

Appears in 2 contracts

Samples: Agreement (Solutia Inc), Agreement (Solutia Inc)

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Assets. It and each of its Subsidiaries has good and marketable title to, or valid leases or licences of, of or is otherwise entitled to use (in each case, on arm’s length terms), all material assets necessary for the conduct of its business as it is being, and or is proposed to be, conducted.

Appears in 1 contract

Samples: Facility Agreement (MediaRing LTD)

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