Common use of Property Clause in Contracts

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 43 contracts

Samples: Share Purchase Agreement (Forwardly, Inc.), Note Purchase Agreement (BioLife4D Corp), Agreement and Plan of Merger (Ikena Oncology, Inc.)

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Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 31 contracts

Samples: Stock Purchase Agreement (Ideanomics, Inc.), Stock Purchase Agreement (Anchorage International Holdings Corp.), Limited Liability Company Agreement (Learn SPAC HoldCo, Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes Taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Croe, Inc.), Stock Purchase Agreement (Focus Universal Inc.), Adoption Agreement (Seres Therapeutics, Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in material compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 5 contracts

Samples: Common Stock Purchase Agreement (AntriaBio, Inc.), Purchase Agreement (AntriaBio, Inc.), Purchase Agreement (AntriaBio, Inc.)

Property. The property and assets that the Company owns and its Subsidiaries own are free and clear of all mortgages, deeds of trust, liensLiens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s or such Subsidiary’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company and each Subsidiary is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liensLiens, claims or encumbrances other than those of the lessors of such property or assets. The Neither the Company does not own nor any Subsidiary owns any real property.

Appears in 4 contracts

Samples: Investors’ Rights Agreement (Cortendo AB), Investors’ Rights Agreement (Cortendo AB), Investors’ Rights Agreement (Cortendo AB)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance in all material respects with such leases and, to its knowledge, and holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 3 contracts

Samples: Registration Rights Agreement (Ondas Holdings Inc.), Adoption Agreement (Ondas Holdings Inc.), Convertible Promissory Note Purchase Agreement

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrancesEncumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens Encumbrances that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liens, claims or encumbrances Encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 2 contracts

Samples: Agreement (Meat-Tech 3D Ltd.), Agreement (Meat-Tech 3D Ltd.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assetsassets or their mortgagors. The Company does not own any real property.

Appears in 2 contracts

Samples: Series a Preferred Stock Purchase Agreement (Tpi Composites, Inc), Common Stock Purchase Agreement (Tpi Composites, Inc)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans loans, and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liens, claims claims, or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Grown Rogue International Inc.), Stock Purchase Agreement (Grown Rogue International Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledgeKnowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 2 contracts

Samples: Series C Preferred Stock Purchase Agreement (Caribou Biosciences, Inc.), Series C Preferred Stock Purchase Agreement (Caribou Biosciences, Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its the Company’s knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Capstone Dental Pubco, Inc.), Common Stock Purchase Agreement (Denali Therapeutics Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company Company, to the Company’s knowledge, is in compliance with such leases and, to its the Company’s knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Common Stock and Warrant Purchase Agreement (SOS Hydration Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes Taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business Ordinary Course and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Stock Purchase Agreement (Energy Exploration Technologies, Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise arising in the ordinary course of business and that do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases in all material respects and, to its the Company’s knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Note Purchase Agreement (Pioneer Merger Corp.)

Property. The property and assets that the Company owns and Accelsius own are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s or Accelsius’ ownership or use of such property or assets. With respect to the property and assets it leasesthe Company or Accelsius’ lease, the Company is and Accelsius are in compliance with such leases and, to its knowledge, holds and hold a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Neither the Company does not own nor Accelsius owns any real property.

Appears in 1 contract

Samples: Series 2 Unit Purchase Agreement (Learn SPAC HoldCo, Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any many real property.

Appears in 1 contract

Samples: Series Seed Preferred Stock Purchase Agreement (Good Earth Organics, Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s 's ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, l eases and holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real propertypro xxxxx.

Appears in 1 contract

Samples: Stock Purchase Agreement (Eleison Pharmaceuticals Inc)

Property. The tangible property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the tangible property and assets it leases, the Company is in compliance in all material respects with such leases and, to its knowledgeKnowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Tegal Corp /De/)

Property. The property and assets that the Company owns are owned free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Nephros Inc)

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Property. The property and assets that the Company owns or any Subsidiary own are free and clear of all mortgages, deeds of trust, liensLiens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens Liens that arise in the ordinary course of business and do not materially impair the Company’s or any Subsidiary’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company and each Subsidiary is in compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liensLiens, claims or encumbrances other than those of the lessors of such property or assets. The Neither the Company does not own nor any Subsidiary owns any real property.

Appears in 1 contract

Samples: Securities Purchase Agreement

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.. ​

Appears in 1 contract

Samples: Series Seed Preferred Stock Purchase Agreement (Digital Brands Group, Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ideanomics, Inc.)

Property. The Other than the Loan Agreements, the property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Cryolife Inc)

Property. The property and assets that the Company owns Companies own are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s Companies’ ownership or use of such property or assets. With respect to the property and assets it leases, the Company is Companies are in compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does Companies do not own any real property.

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Medigus Ltd.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assetsdelinquent. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Stock Purchase Agreement (TripBorn, Inc.)

Property. The property and assets that the Company Corporation owns are free and clear of all mortgages, hypothecs, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s Corporation's ownership or use of such property or assets. With respect to the property and assets it leases, the Company Corporation is in compliance with such leases and, and to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company Corporation does not own any real or immovable property.

Appears in 1 contract

Samples: Registration Rights Agreement (Mechanical Technology Inc)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes Taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course Ordinary Course of business Business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Securities Purchase Agreement (AeroGrow International, Inc.)

Property. The Company owns property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Safe Purchase Agreement

Property. The property and assets that the Company owns or any Subsidary own are free and clear of all mortgages, deeds of trust, liensLiens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens Liens that arise in the ordinary course of business and do not materially impair the Company’s 's or any Subsidary's ownership or use of such property or assets. With respect to the property and assets it leases, the Company and each Subsidiary is in compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liensLiens, claims or encumbrances other than those of the lessors of such property or assets. The Neither the Company does not own nor any Subsidiary owns any real property.

Appears in 1 contract

Samples: Securities Purchase Agreement (Teo Foods Inc)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, and holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.

Appears in 1 contract

Samples: Securities Purchase Agreement (Humbl, Inc.)

Property. The property and assets that the Company owns are free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except for statutory liens for the payment of current taxes that are not yet delinquent and encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances other than those of the lessors of such property or assets. The Company does not own any real property.property.‌‌

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement

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