Liens on Assets. There are no Liens for Taxes on any assets of the Company or its Subsidiaries, other than Permitted Liens.
Liens on Assets. Except as set forth on Schedule 3.21, all liens or security interests of any third party as to any of the Assets have been removed on or before the Effective Date, and the Seller has furnished evidence thereof to Buyer.
Liens on Assets. Except as set forth on Schedule 3.22, all liens ------------- or security interests of any third party as to any of the Assets have been removed on or before the Effective Date, and the Seller has furnished evidence thereof to Buyer.
Liens on Assets. There are no liens held by any party on the ReadyMed Assets.
Liens on Assets. The assets, including any real property in which the Company or any Company Subsidiary has an interest, reflected in the balance sheet of the Company for the year ended December 31, 1997 included in the Company 1997 10-K (the "Company 1997 Balance Sheet") or acquired in the ordinary course of business since December 31, 1997 (the "Company Assets") (except those Company Assets sold or disposed of in the ordinary course of business for full and fair consideration), are free and clear of all mortgages, security interests, pledges, liens and encumbrances (collectively, "Encumbrances") other than (a) as set forth on the Company Disclosure Schedule, (b) as reflected in the Company 1997 Balance Sheet, (c) "mechanics" liens or similar statutory liens on assets which, in the aggregate, are not material to the Company and the Company Subsidiaries, taken as a whole, and (d) liens for state and local property taxes not in arrears and liens arising by operation of law.
Liens on Assets. Except as hereinafter provided in this Section 1008, so long as any Security shall remain Outstanding, the Company will not, and will not permit any Subsidiary to, create or suffer to exist any Mortgage, or otherwise subject to any Mortgage the whole or any part of any property or assets now owned or hereafter acquired by any of them, without securing, or causing such Subsidiary to secure, the Outstanding Securities, and any Indebtedness of the Company and such Subsidiary which may then be outstanding and entitled to the benefit of a covenant similar in effect to this covenant, equally and ratably with the Indebtedness secured by such Mortgage, for as long as any such Indebtedness is so secured. The foregoing covenant does not apply to the creation, extension, renewal or refunding of the following:
Liens on Assets. Except as described in Schedule 3.22 and the IPC Financial Statements, IPC has good and marketable title to all of its respective Assets and such Assets are not subject to any mortgages, pledges, liens, conditional sales agreements, encumbrances and security interests or claims except for minor imperfections in title and encumbrances, if any, which singularly and in the aggregate are not substantial in amount and do not materially detract from the value of the property subject thereto or impair the use thereof by their business.
Liens on Assets. MGE has not, directly or indirectly, caused --------------- the creation, imposition or placement of any Lien upon any of the assets (including real, personal and intangible property) of the Nuclear Plant except those Liens described on Schedule 11(g). To MGE's knowledge, there are no Liens which have been created, imposed or placed on any such assets except those described on Schedule 11(g).
Liens on Assets. On the Closing Date, all liens, security interests or encumbrances of any nature on or affecting the Assets shall be fully removed and discharged at the sole cost and expense of Seller.
Liens on Assets. No Liens for Taxes on any assets of any Company Group Member, other than Liens for Taxes either (A) not yet delinquent or (B) that are being contested in good faith and by appropriate proceedings and for which appropriate reserves have been established to the extent required by GAAP exist.
