Common use of Real Properties Clause in Contracts

Real Properties. The Schedule of Exceptions sets forth each lease or other agreement (including easements) under which the Company leases or has rights in any real property (the "REAL PROPERTY LEASES," and, each individually, a "REAL PROPERTY LEASE"). The Company has a valid and subsisting leasehold interest in all the real property which is the subject of each Real Property Lease. The Company does not presently own, and has never owned, any real property and does not presently operate, and has never operated, any real property, other than as a lessee.

Appears in 5 contracts

Samples: Stock Purchase Agreement (Jato Communications Corp), Preferred Stock Purchase Agreement (Jato Communications Corp), Preferred Stock Purchase Agreement (Jato Communications Corp)

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Real Properties. The Schedule of Exceptions sets forth each lease or other agreement (including easements) under which the Company leases or has rights in any real property (the "REAL PROPERTY LEASES," and, each individually, a "REAL PROPERTY LEASE"). The Company has a valid and subsisting leasehold interest in all the real property which is the subject of each Real Property Lease. The Company does not presently own, and has never owned, any real property and does not presently operate, and has never operated, any real property, other than as a lessee.any

Appears in 1 contract

Samples: Series D Preferred Stock Purchase Agreement (Jato Communications Corp)

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