Common use of Ownership and Condition of Assets Clause in Contracts

Ownership and Condition of Assets. 17.1 All assets used by any member of the Group in the course of its business or which are necessary or desirable for the continuation of that business as it is now carried on are both legally and beneficially owned by a member of the Group free from any third party rights and all such assets are included in the Accounts.

Appears in 1 contract

Samples: Agreement (Sina Com)

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Ownership and Condition of Assets. 17.1 All assets used by any member of the Group Company in the course of its business or which are necessary or desirable for the continuation of that business as it is now carried on are both legally and beneficially owned by a member of the Group free from any third party rights and all such assets are included in the Accounts.

Appears in 1 contract

Samples: Share Sale Agreement (Willis Corroon Group LTD)

Ownership and Condition of Assets. 17.1 All assets used by any member of the Group Company in the course of its business or which are necessary or desirable for the continuation of that business as it is now carried on are both legally and beneficially owned by a member of the Group free Company from any third party rights and all such assets are included in the Accounts.

Appears in 1 contract

Samples: Share Sale Agreement (Willis Corroon Group LTD)

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Ownership and Condition of Assets. 17.1 15.1 All assets used by any member of the Group Purchaser in the course of its business or which are necessary or desirable for the continuation of that business as it is now carried on are both legally and beneficially owned by a member of the Group Purchaser free from any third party rights and all such assets are included in the Purchaser Accounts.

Appears in 1 contract

Samples: Agreement (Sina Com)

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