Owned Property Clause Samples

Owned Property. We do not cover property damage to property owned by any insured or any other resident of any insured's household. This includes expenses and costs incurred by any insured or others to repair, replace, restore or maintain such property to prevent injury to a person or damage to property of others, whether on or away from an insured location.

Owned Property. Section 5.14

Owned Property. Borrower and the Material Subsidiaries have, respectively, good and marketable fee title to all the real property reflected in the Borrower Financial Statements, and good and marketable title to all other property and assets reflected in the Borrower Financial Statements, except for (a) real property and other assets acquired and/or being acquired from debtors in full or partial satisfaction of obligations owed to Subsidiary Bank, (b) property or other assets leased by Borrower or any Material Subsidiary, and (c) property and assets acquired, sold or otherwise disposed of for their fair market value subsequent to the date of the Borrower Financial Statements. Except for property and other assets acquired and/or being acquired from debtors in full or partial satisfaction of obligations owed to Subsidiary Bank and property or other assets leased by Borrower or any Material Subsidiary, all property and assets of any kind (real or personal, tangible or intangible) of Borrower and any Material Subsidiary are free from any liens, encumbrances or defects in title, except for (a) Permitted Liens and (b) such defects in title as would not be reasonably expected to have a Material Adverse Effect. Except as identified in Section 4.5.1 of the Disclosure Schedule or as may be filed in connection with any Permitted Lien, no financing statement under the UCC that names Borrower or any Material Subsidiary as debtor has been filed and none of the Borrower nor any Material Subsidiary has signed any financing statement or any pledge agreement authorizing any secured party thereunder to file any such financing statement.

Owned Property. 12 (b) Leased Property. .......................................12 (c) Compliance with Regulations. ...........................13 (d) Utilities. .............................................13 (e) Condition. .............................................13

Owned Property. 22 Parent........................1

Owned Property. Section 4.14.1 Patents............................................. Section 4.15 Person.............................................. Section 15.4 Plan Affiliate................................. Section 4.17.5(c) Purchased AR......................................... Section 2.2 Real Property..................................... Section 4.14.1 Registration Statements............................ Section 4.3.3 Resolution Period.................................. Section 2.3.5 Restricted Shares................................... Section 12.1 (xii) Returns........................................... Section 4.16.1 Schedules............................................ Section 7.3 SEC................................................ Section 4.3.3 Securities Act..................................... Section 4.3.3 Seller.............................................. Introduction Special Bonus Plan................................... Section 2.6 Stock Consideration................................ Section 2.1.1 Stockholders Agreement........................... Section 10.2(f) Surviving Corporation................................ Section 1.2 Target............................................... Section 2.6 Tax Accrual.......................................... Section 2.6 Taxes............................................. Section 4.16.2 Territory........................................ Section 13.1(a) Third Party Claim.................................. Section 9.3.1 Trade Secrets....................................... Section 4.15 Underwriters....................................... Section 8.1.1 Voting Agreement.................................... Introduction (xiii) MERGER AGREEMENT THIS MERGER AGREEMENT (this "AGREEMENT") is made as of March 31, 1999, by and among CenterPoint Advisors, Inc., a Delaware corporation ("CENTERPOINT"), ▇▇▇▇▇▇▇ Mergersub Inc., a Delaware corporation and wholly owned subsidiary of CenterPoint ("MERGERSUB"), ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇, C.P.A.s, L.L.C., a Maryland limited liability company (the "SELLER"), ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇, Certified Public Accountants, A Professional Corporation, a Maryland professional corporation (the "COMPANY"), and the members of Seller identified on Exhibit A to this Agreement (each a "MEMBER" and, collectively, the --------- "MEMBERS").

Owned Property. 9 1.57 Pay TV........................................... 9 1.58

Owned Property. Section 4.13.1 Patents..................................................Section 4.14 person...................................................Section 14.4 Plan Affiliate......................................Section 4.17.5(c) Prospectus..............................................Section 7.2.1 Purchase.................................................Introduction

Owned Property. Buyer and its Subsidiaries have sufficient title to, or the right to use, all of their tangible properties and assets necessary to conduct their respective businesses as currently conducted, with such exceptions as, individually or in the aggregate, would not interfere with the current use of such properties or assets in such a manner as to be reasonably likely to have a Buyer Material Adverse Effect.