Common use of Leases in Effect Clause in Contracts

Leases in Effect. All real property leases and subleases as to which INT'X.xxx or any Subsidiary is a party and any amendments or modifications thereof are listed in Section 3.9 of the INT'X.xxx Disclosure Schedule (each a "LEASE" and collectively, the "LEASES") and are valid, in full force and effect and enforceable, and there are no existing defaults on the part of INT'X.xxx or any Subsidiary, and neither INT'X.xxx nor any Subsidiary has received or given notice of default or claimed default with respect to any Lease, nor is there any event that with notice or lapse of time, or both, would constitute a default on the part of INT'X.xxx or any Subsidiary, or, to the knowledge of INT'X.xxx and its Subsidiaries, any other party thereunder.