Common use of Properties and Leases Clause in Contracts

Properties and Leases. Except as may be reflected in the Xxxxx Fargo Financial Statements and except for any lien for current taxes not yet delinquent, Xxxxx Fargo and each Xxxxx Fargo Subsidiary has good title free and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Fargo's consolidated balance sheet as of June 30, 1999 included in Xxxxx Fargo's Quarterly Report on Form 10-Q for the period then ended, and all real and personal property acquired since such date, except such real and personal property has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Fargo or any Xxxxx Fargo Subsidiary pursuant to which Xxxxx Fargo or such Xxxxx Fargo Subsidiary, as lessee, leases real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Fargo or such Xxxxx Fargo Subsidiary or any event which, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Fargo's and each Xxxxx Fargo Subsidiary's buildings and equipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Michigan Financial Corp), Agreement and Plan of Reorganization (North County Bancorp)

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Properties and Leases. Except as may be reflected in the Xxxxx Fargo Financial Statements and except for any lien for current taxes not yet delinquent, Xxxxx Fargo and each Xxxxx Fargo Subsidiary has good title free and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Fargo's ’s consolidated balance sheet as of June 30December 31, 1999 2003 included in Xxxxx Fargo's Quarterly ’s Annual Report on Form 10-Q K for the period then ended, and all real and personal property acquired since such date, except such real and personal property that has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Fargo or any Xxxxx Fargo Subsidiary pursuant to which Xxxxx Fargo or such Xxxxx Fargo Subsidiary, as lessee, leases real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Fargo or such Xxxxx Fargo Subsidiary or any event which, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Fargo's ’s and each Xxxxx Fargo Subsidiary's ’s buildings and equipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Agreement And (Wells Fargo & Co/Mn)

Properties and Leases. Except as may be reflected in the Xxxxx Fargo Financial Statements and except for any lien for current taxes not yet delinquent, Xxxxx Fargo and each Xxxxx Fargo Subsidiary has good title free and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Fargo's ’s consolidated balance sheet as of June 30December 31, 1999 2005 included in Xxxxx Fargo's Quarterly ’s Annual Report on Form 10-Q K for the period then ended, and all real and personal property acquired since such date, except such real and personal property that has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Fargo or any Xxxxx Fargo Subsidiary pursuant to which Xxxxx Fargo or such Xxxxx Fargo Subsidiary, as lessee, leases real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Fargo or such Xxxxx Fargo Subsidiary or any event which, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Fargo's ’s and each Xxxxx Fargo Subsidiary's ’s buildings and equipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Agreement (Placer Sierra Bancshares)

Properties and Leases. Except as may be reflected in the Xxxxx Wells Fargo Financial Statements and except anx xxxept for any lien for current taxes not yet delinquent, Xxxxx Wells Fargo and each Xxxxx Wells Fargo Subsidiary Suxxxxxary has good title free titxx xxee and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Wells Fargo's consolidated balance sheet xxxxx as of June 30, 1999 2001 included in Xxxxx Wells Fargo's Quarterly Report on Form 10Fxxx 00-Q for the period then ended, and all real and personal property acquired since such date, except such real and personal property that has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Wells Fargo or any Xxxxx Wells Fargo Subsidiary Subsxxxxxy pursuant to which Xxxxx xxxxx Wells Fargo or such Xxxxx Wells Fargo SubsidiarySubxxxxxry, as lessee, leases xxxxxs real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Wells Fargo or such Xxxxx Wells Fargo Subsidiary Subxxxxxry or any event whichxxxxh, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Wells Fargo's and each Xxxxx Wells Fargo SubsidiaryXxxxxdiary's buildings and equipment xxx xquipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Tejas Bancshares Inc)

Properties and Leases. Except as may be reflected in the Xxxxx Fargo Financial Statements and except for any lien for current taxes not yet delinquent, Xxxxx Fargo and each Xxxxx Fargo Subsidiary has good title free and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Fargo's ’s consolidated balance sheet as of June 30December 31, 1999 2002 included in Xxxxx Fargo's Quarterly ’s Annual Report on Form 10-Q K for the period then ended, and all real and personal property acquired since such date, except such real and personal property that has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Fargo or any Xxxxx Fargo Subsidiary pursuant to which Xxxxx Fargo or such Xxxxx Fargo Subsidiary, as lessee, leases real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Fargo or such Xxxxx Fargo Subsidiary or any event which, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Fargo's ’s and each Xxxxx Fargo Subsidiary's ’s buildings and equipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Plan of Reorganization (Pacific Northwest Bancorp)

Properties and Leases. Except as may be reflected in the Xxxxx Fargo Financial Statements and except for any lien for current taxes not yet delinquent, Xxxxx Fargo and each Xxxxx Fargo Subsidiary has good title free and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Fargo's consolidated balance sheet as of June 30March 31, 1999 2000 included in Xxxxx Fargo's Quarterly Report on Form 10-Q for the period then ended, and all real and personal property acquired since such date, except such real and personal property that has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Fargo or any Xxxxx Fargo Subsidiary pursuant to which Xxxxx Fargo or such Xxxxx Fargo Subsidiary, as lessee, leases real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Fargo or such Xxxxx Fargo Subsidiary or any event which, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Fargo's and each Xxxxx Fargo Subsidiary's buildings and equipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Agreement And (Brenton Banks Inc)

Properties and Leases. Except as may be reflected in the Xxxxx Fargo Financial Statements and except for any lien for current taxes not yet delinquent, Xxxxx Fargo and each Xxxxx Fargo Subsidiary has good title free and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Fargo's consolidated balance sheet as of June 30December 31, 1999 included in Xxxxx Fargo's Quarterly Annual Report on Form 10-Q K for the period then ended, and all real and personal property acquired since such date, except such real and personal property that has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Fargo or any Xxxxx Fargo Subsidiary pursuant to which Xxxxx Fargo or such Xxxxx Fargo Subsidiary, as lessee, leases real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Fargo or such Xxxxx Fargo Subsidiary or any event which, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Fargo's and each Xxxxx Fargo Subsidiary's buildings and equipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Wells Fargo & Co/Mn)

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Properties and Leases. Except as may be reflected in the Xxxxx Fargo Financial Statements and except for any lien for current taxes not yet delinquent, Xxxxx Fargo and each Xxxxx Fargo Subsidiary has good title free and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Fargo's ’s consolidated balance sheet as of June 30December 31, 1999 2006 included in Xxxxx Fargo's Quarterly ’s Annual Report on Form 10-Q K for the period then ended, and all real and personal property acquired since such date, except such real and personal property that has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Fargo or any Xxxxx Fargo Subsidiary pursuant to which Xxxxx Fargo or such Xxxxx Fargo Subsidiary, as lessee, leases real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Fargo or such Xxxxx Fargo Subsidiary or any event which, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Fargo's ’s and each Xxxxx Fargo Subsidiary's ’s buildings and equipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Agreement (Greater Bay Bancorp)

Properties and Leases. Except as may be reflected in the Xxxxx Wells Fargo Financial Statements and except xxxxxt for any lien for current taxes not yet delinquent, Xxxxx Wells Fargo and each Xxxxx Wells Fargo Subsidiary Subsxxxxxy has good title free xxxx and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Wells Fargo's consolidated balance sheet as shxxx xs of June 30December 31, 1999 included in Xxxxx Wells Fargo's Quarterly Annual Report on Form 10-Q for X xor the period then ended, and all real and personal property acquired since such date, except such real and personal property that has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Wells Fargo or any Xxxxx Wells Fargo Subsidiary Subsidxxxx pursuant to which Xxxxx whxxx Xells Fargo or such Xxxxx Wells Fargo SubsidiarySubsixxxxx, as lessee, leases lexxxx real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Wells Fargo or such Xxxxx Wells Fargo Subsidiary Subsixxxxx or any event whichwxxxx, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Wells Fargo's and each Xxxxx Wells Fargo SubsidiarySuxxxxxary's buildings and equipment anx xxxipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (First Security Corp /Ut/)

Properties and Leases. Except as may be reflected in the Xxxxx Fargo Financial Statements and except for any lien for current taxes not yet delinquent, Xxxxx Fargo and each Xxxxx Fargo Subsidiary has good title free and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Fargo's consolidated balance sheet as of June September 30, 1999 included in Xxxxx Fargo's Quarterly Report on Form 10-Q for the period then endedQ, and all real and personal property acquired since such date, except such real and personal property that has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Fargo or any Xxxxx Fargo Subsidiary pursuant to which Xxxxx Fargo or such Xxxxx Fargo Subsidiary, as lessee, leases real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Fargo or such Xxxxx Fargo Subsidiary or any event which, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Fargo's and each Xxxxx Fargo Subsidiary's buildings and equipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (National Bancorp of Alaska Inc)

Properties and Leases. Except as may be reflected in the Xxxxx Fargo Financial Statements and except for any lien for current taxes not yet delinquent, Xxxxx Fargo and each Xxxxx Fargo Subsidiary has good title free and clear of any material liens, claims, charges, options, encumbrances or similar restrictions to all the real and personal property reflected in Xxxxx Fargo's consolidated balance sheet as of June 30March 31, 1999 included in Xxxxx Fargo's Quarterly Report on Form 10-Q for the period then ended, and all real and personal property acquired since such date, except such real and personal property as has been disposed of in the ordinary course of business. All leases of real property and all other leases material to Xxxxx Fargo or any Xxxxx Fargo Subsidiary pursuant to which Xxxxx Fargo or such Xxxxx Fargo Subsidiary, as lessee, leases real or personal property, are valid and effective in accordance with their respective terms, and there is not, under any such lease, any material existing default by Xxxxx Fargo or such Xxxxx Fargo Subsidiary or any event which, with notice or lapse of time or both, would constitute such a material default. Substantially all Xxxxx Fargo's and each Xxxxx Fargo Subsidiary's buildings and equipment in regular use have been well maintained and are in good and serviceable condition, reasonable wear and tear excepted.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (First Place Financial Corp)

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