Common use of Personal Property Leases Clause in Contracts

Personal Property Leases. Schedule 3.14 contains a list of each written lease or other agreement or right, under which Seller is lessee of, or holds or operates, any machinery, equipment, vehicle or other tangible personal property owned by a third party and used in or relating to the Business and which is not terminable by Seller without penalty on 30 days' notice or less and which provides for annual rentals in excess of $50,000.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Lin Television Corp), Asset Purchase Agreement (WTNH Broadcasting Inc)

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Personal Property Leases. Schedule 3.14 3.11 contains a list of each written lease or other agreement or right, right under which Seller or Option Party, as applicable, is lessee of, or holds or operates, any machinery, equipment, vehicle or other tangible personal property owned by a third party Person and used in or relating to the Business and Business, except those which is not are terminable by Seller or Option Party, as applicable, without penalty on 30 thirty (30) days' notice or less and or which provides provide for annual rentals in excess of less than $50,000.

Appears in 2 contracts

Samples: Asset Purchase Agreement (Meredith Corp), Asset Purchase Agreement (Meredith Corp)

Personal Property Leases. Schedule 3.14 3.10 contains a true and complete list of each written lease or other agreement or right, right under which Seller or any of its Subsidiaries is lessee of, or holds or operates, any machinery, equipment, vehicle or other tangible personal property Personal Property owned by a any third party party. Each such lease is legal, valid, binding and used enforceable in or relating accordance with its terms, subject to the Business Bankruptcy and which is not terminable by Seller without penalty on 30 days' notice or less and which provides for annual rentals in excess of $50,000.Equity

Appears in 1 contract

Samples: Asset Purchase Agreement (Finance of America Companies Inc.)

Personal Property Leases. Schedule 3.14 4.12 contains a list of each written lease or other agreement or right, under which Seller is lessee of, or holds or operates, any machinery, equipment, vehicle or other tangible personal property owned by a third party and used in or relating to the Business and which is not terminable by Seller without penalty on 30 days' notice or less and which provides for annual rentals in excess of $50,000.

Appears in 1 contract

Samples: Asset Purchase Option Agreement (WTNH Broadcasting Inc)

Personal Property Leases. Schedule 3.14 3.16 contains a list of each written lease or other agreement or right, whether written or oral, under which Seller the Company is lessee of, or holds or operates, any machinery, equipment, computer hardware and related peripheral equipment, vehicle or other tangible personal property owned by a third party and used in or relating to the Business and which is not terminable by Seller without penalty on 30 days' notice or less and which provides for annual rentals in excess of $50,000party.

Appears in 1 contract

Samples: Supplemental Agreement (Combined Professional Services Inc)

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Personal Property Leases. Schedule 3.14 3.12 contains a list of each written lease or other agreement or right, right under which Seller any Equity Entity is lessee of, or holds or operates, any machinery, equipment, vehicle or other tangible personal property Personal Property owned by a third party and used in or relating to the Business and Business, or used or held for use in, or necessary for, the operation of the Stations as of the date of this Agreement, except those which is not are terminable by Seller the Equity Entities without penalty on 30 days' notice or less and or which provides provide for annual rentals in excess of less than $50,0005,000 (the “Personal Property Leases”).

Appears in 1 contract

Samples: Asset Purchase Agreement (Fisher Communications Inc)

Personal Property Leases. Schedule 3.14 3.18 contains a list ------------------------ ------------- brief description of each written lease or other agreement or right, whether written or oral, under which Seller the Company or any Subsidiary of the Company is lessee of, or holds or operates, any machinery, equipment, vehicle or other tangible personal property owned by a third party and used in or relating to the Business and which is not terminable by Seller without penalty on 30 days' notice or less and which provides for annual rentals in excess of $50,000Person.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Act Teleconferencing Inc)

Personal Property Leases. Schedule 3.14 2.13 contains a list of each written lease or other agreement or right, whether written or oral, under which Seller is lessee of, or holds or operates, operates any machinery, equipment, vehicle or other tangible personal property owned by a third party and used in or relating to the Business business of the Stations and which is not terminable by Seller without penalty on 30 60 days' notice or less and which provides for annual rentals in excess of $50,0006,000.

Appears in 1 contract

Samples: Asset Purchase Agreement (SFX Broadcasting Inc)

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