Certain Assets. The Company owns, has a valid leasehold interest in or a valid license to use all assets and property used by the Company in the operation of the Business, located on its premises or shown on the Interim Balance Sheet or acquired since the date thereof, and, in each case, except for Permitted Liens (including those set forth in Section 4.08 of the Disclosure Schedule), all of such assets and properties are owned, and such leased assets are leased and licensed assets licensed, free and clear of all Liens other than Permitted Liens.
Appears in 3 contracts
Sources: Stock Purchase Agreement, Stock Purchase Agreement (Gaiam, Inc), Stock Purchase Agreement (Lindblad Expeditions Holdings, Inc.)