Ownership and Sufficiency of Assets. (a) The Company and the Subsidiaries own good and valid title to, or a valid leasehold interest in, or a valid license to use, all of its personal property and assets (whether tangible or intangible) shown to be owned, leased, used, held for use or licensed by the Company or the Subsidiaries on the balance sheet included in the Latest Financial Statements (except to the extent such property was sold or otherwise disposed of in the ordinary course of business since the date thereof), free and clear of all Liens (other than Permitted Liens).
Ownership and Sufficiency of Assets. The Company and each of its Subsidiaries owns valid title to, or a valid leasehold interest in, or license of, or right to use free and clear of all Liens other than Permitted Liens, all of the properties and tangible assets (whether real, personal, or mixed, but excluding Intellectual Property of the Company and its Subsidiaries) which are shown on the Interim Financial Statements, except for personal property and assets sold since the date of the Interim Financial Statements in the Ordinary Course of Business. The property and assets owned and leased by the Company Group constitute all of the material property and assets necessary for the conduct of their respective businesses in the ordinary course as presently conducted by the Company Group, and such property and assets are in sufficient condition in all material respects for their current use (subject to routine maintenance and repair).
Ownership and Sufficiency of Assets. (a) Seller (directly or through its Subsidiaries): (i) is the sole and exclusive owner of all of the Assigned Patents; (ii) holds all right, title and interest in and to such Assigned Patents free and clear of all Liens or licenses; and (iii) will convey to Buyer at the Closing good and marketable title to and ownership of the Assigned Patents, free and clear all Liens or licenses, except, in each of clauses (i) through (iii), as would not reasonably be expected to have a Seller Material Adverse Effect.
Ownership and Sufficiency of Assets. (a) Seller has good title to (or, in the case of leased Purchased Assets, valid leasehold interests in) the Purchased Assets, free and clear of all Encumbrances, other than Permitted Encumbrances.
Ownership and Sufficiency of Assets. 3.1 Each of the Business Assets (other than any Business Inventory acquired in the ordinary course of business on terms that the property does not pass until payment is made) is owned both legally and beneficially by a Business Seller or another member of the GSK Group and each of those assets capable of possession is, save where in the possession of third parties in the ordinary course of business, in the possession of a Business Seller or another member of the GSK Group.
Ownership and Sufficiency of Assets. Seller has good title to (or, in the case of leased Purchased Assets, valid leasehold interests in) the Purchased Assets, free and clear of all Encumbrances, other than Permitted Encumbrances. The Purchased Assets, together with the rights granted to Buyer under the Uncubed License, are sufficient in all material respects for the continued conduct of the Business after the Closing in substantially the same manner as conducted immediately prior to the Closing and constitute all of the material rights, property and assets necessary to conduct the Business as currently conducted by Seller.
Ownership and Sufficiency of Assets. The Company owns all of the properties and assets that it purports to own or reflected as owned in the books and records of the Company, including all of the properties and assets described on Schedule I of this Agreement, free and clear of all liens or encumbrances of any kind. The properties and assets of the Company are in good operating condition and repair, and are adequate for the uses to which they are being put, and are sufficient for the continued conduct of the Company's business after the Effective Date in substantially the same manner as conducted prior to the Closing Date.
Ownership and Sufficiency of Assets. 2.1 Each of the Commercialisation Business Assets (other than any Initial Stock acquired in the ordinary course of business on terms that the property does not pass until payment is made) is owned (including with respect to all right, title and interest) both legally and beneficially by the Seller or a Designated Seller or another member of the Aspen Group and each of those assets capable of possession is, save where in the possession of third parties in the ordinary course of business, in the possession of the Seller or a Designated Seller or another member of the Aspen Group.
Ownership and Sufficiency of Assets. Except as set forth on Schedule 7.4, Waban and each Subsidiary thereof owns all of its Assets free and clear of Liens other than Permitted Liens. All tangible Assets of Waban and its Subsidiaries are in good operating condition, subject to normal wear and tear. The Assets of Waban and its Subsidiaries include all Assets required to operate the business of Waban and its Subsidiaries as presently conducted. All Assets that are material to the business of Waban and its Subsidiaries held under leases, subleases or licenses by Waban and its Subsidiaries are held under valid Contracts enforceable in accordance with their respective terms, subject to the Enforceability Exceptions. To the Knowledge of Waban, except as set forth on Schedule 7.4, the other parties to such Contracts are not in breach of their obligations thereunder.
Ownership and Sufficiency of Assets. 9.1.1 All tangible assets and all intangible assets (required to be included in the Accounts in accordance with the Specified Accounting Policies) in each case owned or otherwise used by each Sensor-Nite Group Company in the course of its business, except for current assets acquired since the Accounts Date in the normal course of trading, are included in the Accounts.
