Common use of BUSINESS PREMISES Clause in Contracts

BUSINESS PREMISES. 6.12.1. The Company and the Subsidiaries own no other real properties than the Properties. True copies of certificates of encumbrance (Sw. gravationsbevis) with respect to the Properties have been attached to Appendix 6.12.1. 6.12.2. All premises leased by the Company and the Subsidiaries and the relevant terms of the lease agreements are set out in Appendix 6.12.2. 6.12.3. All leases pursuant to which the Company and the Subsidiaries lease real property extending beyond the Closing Date, are valid and effective in accordance with their respective terms. 6.12.4. The Company and the Subsidiaries occupy and use the real properties owned and leased by them for the sole purpose of conducting the Business. The current use and occupancy thereof does not constitute a non-conforming use under any applicable zoning or other land use Laws.