Common use of Property and Leases Clause in Contracts

Property and Leases. (a) The Company and the Subsidiaries have good, valid and marketable title to or, in the case of leased properties and assets, valid leasehold interest in, all their properties and assets to conduct their respective businesses as currently conducted or as currently contemplated by the Company to be conducted, with only Permitted Liens or such exceptions as would not reasonably be expected to have a Company Material Adverse Effect.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Unilab Corp /De/), Agreement and Plan of Merger (Quest Diagnostics Inc)

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Property and Leases. (a) The Company and the Company Subsidiaries have good, valid and marketable title to or, in the case of leased properties and assets, valid leasehold interest in, all their of the properties and assets owned or used by them to conduct their respective businesses as currently conducted or as currently contemplated by the Company and the Company Subsidiaries to be conducted, with free and clear of all Liens, subject only to Permitted Liens or such exceptions as would not reasonably be expected to have a Company Material Adverse EffectLiens.

Appears in 2 contracts

Samples: Arrangement Agreement (Tailwind Financial Inc.), Arrangement Agreement (L-1 Identity Solutions, Inc.)

Property and Leases. (a) The Company and the Company Subsidiaries have good, valid and marketable title to or, in the case of leased properties and assets, valid leasehold interest in, all their of the properties and assets owned or used by them to conduct their respective businesses as currently conducted or as currently contemplated by the Company and the Company Subsidiaries to be conducted, with free and clear of all Liens, subject only to Permitted Liens or such exceptions as would not reasonably be expected to have a Company Material Adverse EffectLiens.

Appears in 2 contracts

Samples: Arrangement Agreement (Acorn Energy, Inc.), Arrangement Agreement (Acorn Energy, Inc.)

Property and Leases. (a) The Company and the Company Subsidiaries have good, valid and marketable title to or, in the case of leased properties and assets, valid leasehold interest in, all their properties and assets to conduct their respective businesses as currently conducted or as currently contemplated by the Company and its Subsidiaries to be conducted, with subject only to Permitted Liens or such exceptions as would not reasonably be expected to have a Company Material Adverse EffectLiens.

Appears in 1 contract

Samples: Arrangement Agreement (L-1 Identity Solutions, Inc.)

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Property and Leases. (a) The Company and the Company Subsidiaries have good, valid and marketable title to or, in the case of leased properties and assets, valid leasehold interest in, all their properties and assets to conduct their respective businesses as currently conducted or as currently contemplated by the Company to be conducted, with only Permitted Liens or such exceptions as would not reasonably be expected to have a Company Material Adverse Effect.

Appears in 1 contract

Samples: Pre Merger Agreement (Dynacare Inc)

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