Real Property Owned and Leased. (a) The Company does not own any real property.
Real Property Owned and Leased. Schedule 2.13 contains a complete list of all real property (immovable property) (including, without limitation, plants, warehouses, interests in real property, distribution centers, structures and other buildings) owned or leased by the Company (the "Real Property"). The Company has good and marketable title to the Real Property. Adequate ingress and egress exists with respect to the Real Property, and the Real Property complies with all applicable zonings laws, rules and regulations and land use restrictions. The interests in Real Property are free and clear of all mortgages, liens, security interests, pledges, leases, subleases, encumbrances, charges, assignments, easements, claims or other restrictions and defects in title except (i) as are set forth in Schedule 2.13 hereto and (ii) Permitted Liens. All interests in Real Property are currently used in the operation of the business of the Company and are adequately maintained and are in good operating condition and repair for the requirements of the business as presently conducted by the Company.
Real Property Owned and Leased. No Selling Group Member owns any real property and the real property leased by each Selling Group Member related to the Business has never been owned by a Selling Group Member. Set forth on Schedule 4.15 are true and accurate listings of all real property leases to which a Selling Group Member is a party setting forth: (i) the name of the Selling Group Member that is the lessee; (ii) the name of the lessor, (iii) a description of the property leased, and (iv) whether such premises are currently being used for the operation of the Business. Except as set forth on Schedule 4.15: (i) all of the leases set forth on such Schedule are in full force and effect and are valid, binding and enforceable in accordance with their respective terms, (ii) all accrued and currently payable rents and other payments required by such leases have been paid, (iii) each Selling Group Memb er and, to each Selling Group's Knowledge, each other party thereto has complied with all respective covenants and provisions of such leases in all material respects, (iv) neither Selling Group Member nor, to Selling Group's Knowledge, any other party is in default in any material respect under any such leases, (v) no party has asserted any defense, set off, or counter claim thereunder, (vi) no waiver, indulgence or postponement of any obligations thereunder has been granted by any party, and (vii) the validity or enforceability of any such lease will be in no way affected by the sale of the Purchased Assets to Buying Group, provided all required consents have been obtained from the other parties to such lease.
Real Property Owned and Leased. (i) Except as set forth in Section 4(x)(i) of the Disclosure Schedule, no Company has granted an unaffiliated third-party the right to use or occupy the buildings and real property owned by the Companies or any portion thereof (the “Real Property”). Except as set forth in Section 4(x)(i) of the Disclosure Schedule, there are no outstanding options, rights of first offer or rights of first refusal to purchase such owned Real Property or any portion thereof or interest therein. Each Company has delivered to Buyer true, complete and correct copies of all leases, subleases and all amendments and modifications thereof with respect to the leased real property and buildings (“Leased Property.”) Except as set forth in Section 4(x)(i) of the Disclosure Schedule, none of the Companies are a lessor or sublessor with respect to any of the Real Property. All leases and subleases of the Leased Property are in full force and effect and are enforceable against the parties thereto in accordance with their respective terms, except as limited by the applicable bankruptcy, reorganization, insolvency, moratorium or other similar laws affecting the enforcement of creditors’ rights generally from time to time in effect.
Real Property Owned and Leased. Schedule 3.11 contains a complete and accurate list and description of all real property leased now or in the past by Seller (the "Leased Property"). Seller has good and valid title to the leasehold estates in all real property and interests in real property leased by it. In each case, these property interests are free and clear of all mortgages, liens, security interests, pledges, leases, subleases, encumbrances, charges, assignments, easements, claims or other restrictions and defects of title, except (i) as are set forth in Schedule 3.11, (ii) liens for Taxes not yet due and payable or being contested in good faith by appropriate proceedings, and (iii) which do not impair the current or intended use or diminish the value of the property affected to any material extent.
Real Property Owned and Leased. No Target owns, leases, nor claims any interest in and to any real property except the interests in the premises described in Schedule 4.9.
Real Property Owned and Leased. (a) Schedule 2B.10 to be provided to Buyer in accordance with Section 6.11 contains a complete and accurate list and full description of all real property (including without limitation plants, warehouses, interests in real property, distribution centers, structures and other buildings) owned or leased by the Company (the "Real Property"). The Company is not the owner or lessee of, or subject to any agreement or option to own or lease, any immovable or real property or any interest in any immovable or real property other than the Real Property. The Company is the sole owner or lessee, as the case may be, of the Real Property and has (a) good and marketable title to the real property owned by it and (b) good and valid title to the leasehold estates in all real property and interests in real property leased by it, in each case, free and clear of all mortgages, liens, security interests, pledges, leases, subleases, encumbrances, charges, assignments, easements, claims or other restrictions and defects of title, except (i) as are set forth in Schedule 2B.10, (ii) liens for Taxes not yet due and payable or being contested in good faith by appropriate proceedings and (iii) which do not impair the current use or diminish the value of the property affected to any material extent. All plants, warehouses, interests in real property, distribution centers, structures and other buildings of the Company were constructed in accordance with all applicable laws and are currently used in the operation of the business of the Company and are adequately maintained and are in good operating condition and repair for the requirements of the business as presently conducted by the Company and the Company has adequate rights of ingress and egress on them.
Real Property Owned and Leased. (i) Neither the Company nor any of its Subsidiaries owns real property used or useful in the conduct of the Business, except as set forth in the Disclosure Schedule.
Real Property Owned and Leased. Seller's Disclosure Schedule contains a complete and accurate list and full description of all real property owned or leased by the Seller (the "Real ---- Property"). The Seller has good and valid title to the leasehold estates in all -------- real property and interests in real property leased by it, in each case, free and clear of all mortgages, liens, security interests, pledges, leases, subleases, encumbrances, charges, assignments, easements, claims or other restrictions and defects of title.
Real Property Owned and Leased. Royal Palm does not own or have a direct or indirect ownership interest in any real property. With respect to the Real Property and the Leased Property and except as set forth in Section 3.24(a) of the RP Disclosure Schedule:
