Common use of Equipment and Machinery Clause in Contracts

Equipment and Machinery. (a) Schedule 6.13(a) sets forth a list of, or otherwise describes, all material Equipment and Machinery held for or used in the Business. Seller has good title, free and clear of all Liens to the Equipment and Machinery listed that it owns, except for any Equipment and Machinery which has been sold or disposed of in the ordinary course of business since the Closing Date Financial Statements. Seller holds good and transferable leasehold interests in all Equipment and Machinery leased by it, in each case under valid and enforceable leases which are listed on Schedule 6.13(a), although Seller has not obtained a written consent to assignments of such Equipment and Machinery executed by each such lessor.

Appears in 3 contracts

Samples: Asset Purchase Agreement (SFBC International Inc), Asset Purchase Agreement (SFBC International Inc), Asset Purchase Agreement (SFBC International Inc)

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