Common use of Property; Liens; Condition Clause in Contracts

Property; Liens; Condition. (a) Except as set forth on Exhibit X to this Schedule, the Orthodontic Entity has good and marketable title in fee simple to all of its owned real and personal property, including without limitation, all machinery and equipment used or owned by the Orthodontic Entity (the "Equipment") free of liens and encumbrances (the "Property"). All the Property owned or leased by the Orthodontic Entity is in good repair, has been well maintained, substantially conforms with all applicable ordinances, regulations and zoning or other laws. The Equipment is in good working order.

Appears in 11 contracts

Samples: Affiliation Agreement and Agreement and Plan of Merger (Omega Orthodontics Inc), Affiliation Agreement and Stock Purchase Agreement (Omega Orthodontics Inc), Affiliation Agreement and Agreement and Plan of Merger (Omega Orthodontics Inc)

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