Material Assets Sample Clauses

Material Assets. The financial statements of the Acquiror Company set forth in the SEC Documents reflect the material properties and assets (real and personal) owned or leased by the Acquiror Company.
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Material Assets. Except such as are disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, as of the Closing Date, the Company and the Subsidiaries will possess, or have the right to use, all of the material assets, tangible and intangible, that they require to conduct their respective businesses as presently conducted, and there are no material assets reasonably necessary for the conduct of their businesses as presently conducted that will not be transferred, licensed or leased to them as of the Closing Date;
Material Assets. (A) Sell, assign, abandon, lease, exclusively license or otherwise dispose of any material assets or properties of the Company or any of its Subsidiaries, other than inventory or obsolete equipment in the Ordinary Course of Business, or (B) subject any material assets or properties of the Company or any of its Subsidiaries to any new Lien (other than any Permitted Liens);
Material Assets. As at the date of this Agreement, Southwind is the absolute legal and beneficial owner of, and has good and marketable title to, all of its material assets relating to the Property, free of all mortgages, liens, charges, pledges, security interests, encumbrances, claims or demands whatsoever other than the Permitted Royalties and no other material assets or property rights are necessary for the conduct of the business of Southwind as it is conducted at the date of this Agreement and, there are no material restrictions on the ability of Southwind to use, transfer or otherwise exploit such assets or property rights subject to and in accordance with the rights to property under the agreements referred to in Schedule “A”, and (except for Permitted Royalties) Southwind does not know of any claim or basis for a claim that might or could adversely affect its rights to use, transfer or otherwise exploit such assets or property rights and Southwind has no responsibility or obligation to pay any commission, royalty, license, fee or similar payment to any person with respect to the assets or property rights thereof. To the knowledge of Southwind, any and all agreements pursuant to which Southwind holds its material assets relating to the Property or is entitled to the use of or to acquire ownership of such material assets (whether directly or indirectly) are valid and subsisting agreements in full force and effect, enforceable in accordance with each of their respective terms, and there is currently no material default of any provisions of any such agreements by any party thereto nor has any such default been alleged, and Southwind, after making due enquiries, is not aware of any disputes with respect thereto and such assets are in good standing under the applicable statutes and regulations of the jurisdictions in which they are situate, and all leases, licenses, concessions, and claims pursuant to which Southwind derives its interests (whether legal or beneficial) in such material assets are in good standing and there has been no material default under any such leases, licenses, concessions, and claims and all material Taxes required to be paid with respect to such assets to the date hereof have been paid;
Material Assets. The financial statements of the Acquiror Company reflect the material properties and assets (real and personal) owned or leased by the Acquiror Company.
Material Assets. There shall occur any material damage to, or loss, theft or destruction of, any material assets of any Loan Party or any Subsidiary of a Loan Party or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty, or any order or injunction of any court or any administrative or regulatory agency which in any such case causes, for more than ten (10) consecutive days, the cessation or substantial curtailment of revenue producing activities of the Loan Parties, taken as a whole, if such event or circumstance is not covered by business interruption insurance and could reasonably be expected to have a Material Adverse Effect.
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Material Assets. The Company Audited Financial Statements reflect, the material properties and assets (real and personal) owned or leased by each Acquired Company and necessary for the conduct of its business as presently conducted, and include all of the operating assets of the Acquired Companies. The Acquired Companies have, and will continue to have upon consummation of the transaction contemplated by this Agreement, good and marketable title to, or a valid leasehold interest in, such properties and assets, free and clear of all Liens, other than Permitted Liens. Such properties and assets are sufficient for the continued conduct of the Acquired Companies' businesses after the Closing in substantially the same manner as conducted prior to the Closing. No Person other than the Acquiror has any contract, right or option to purchase or acquire any of such properties or assets from the Acquired Companies. No Affiliate of any Acquired Company or the Shareholders owns or otherwise has any interest in or right to use any properties or assets used or held for use in, or otherwise arising from or relating to, the business of the Acquired Companies.
Material Assets. The financial statements of the Subsidiaries set forth in the GCI Cayman Financial Statements reflect the material properties and assets (real and personal) owned or leased by each of the Subsidiaries.
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