OWNERSHIP AND POSSESSION OF ASSETS. 1.1 All assets used by any Group Company in the course of its business as carried on at the date of this Agreement (other than any asset held under a finance lease, hire purchase and rental or credit sale agreement) are legally and beneficially owned by that Group Company free from Encumbrances, and no person has claimed to be entitled to an Encumbrance in respect of any such asset.
OWNERSHIP AND POSSESSION OF ASSETS. 2.1 All assets used by the Company in the course of its business as carried on at the date of this Agreement or which are necessary for the continuation of its business, other than any asset held under a finance lease, hire purchase and rental or credit sale agreement referred to in the Disclosure Letter are legally and beneficially owned by the Company free from Encumbrances, and so far as the Sellers are aware, no person has claimed to be entitled to an Encumbrance or title in respect of any such asset.
OWNERSHIP AND POSSESSION OF ASSETS. 5.1 All of the tangible assets owned by any Group Company, or which any Group Company has the right to use, are in the possession and ownership or under the control of that Group Company.
OWNERSHIP AND POSSESSION OF ASSETS. 2.1 All assets included in the Accounts or acquired by any Group Company since the Accounts Date (other than any asset held under a finance lease, hire purchase and rental or credit sale agreement are solely legally and beneficially owned by that Group Company free from Restricted Encumbrances and no person has claimed to be entitled to a Restricted Encumbrance in respect of any such asset.
OWNERSHIP AND POSSESSION OF ASSETS. 1.1. All assets used by any Group Company in the course of its business as carried on at the Completion Date (other than any asset held under a finance lease, hire purchase and rental or credit sale agreement or IT Systems (as such term is defined in Part 10) owned by third parties and operated by the Company under licenses disclosed under Part 10 hereof) are legally and beneficially owned by that Group Company free from Encumbrances, and no person has claimed to be entitled to a Encumbrance in respect of any such asset. A copy of the Fixed Asset Register is in Section 18 of the Bundle.
OWNERSHIP AND POSSESSION OF ASSETS. 2.1. All of the tangible assets owned by the Company, or which the Company has the right to use, are in the possession and ownership or under the control of the Company.
OWNERSHIP AND POSSESSION OF ASSETS. 5.2.1 Save in relation to those matters dealt with in the Transitional Services Agreement, all assets used by any Group Company in the course of its business as carried on at the date of this Agreement or which are necessary for the continuation of its business (other than any asset held under a finance lease, hire purchase and rental or credit sale agreement or Intellectual Property licensed to any Group Company) are legally and beneficially owned by that Group Company free from Encumbrances, and no person has claimed to be entitled to an Encumbrance in respect of any such asset.
OWNERSHIP AND POSSESSION OF ASSETS. 1.1 Other than those assets that will be transferred to the Company pursuant to the Restructuring, all of the material tangible assets owned by the Company, or which the Company has the right to use, are in the possession and ownership or under the control of the Company.
OWNERSHIP AND POSSESSION OF ASSETS. C.1.1 The Company owned at the Accounts Date and had good and marketable title to and (except for current assets subsequently sold or realised in the ordinary course of business) still owns and has good and marketable title to all the assets included, or which ought to have been included, in the Accounts.
OWNERSHIP AND POSSESSION OF ASSETS. 1.1 All of the material tangible Assets capable of possession are in the possession and ownership or under the control of the Seller.
