Common use of Tangible Properties Clause in Contracts

Tangible Properties. (a) Section 3.11(a) of the Company Disclosure Schedule sets forth a true, correct and complete list of all real property owned by Company or any Company Subsidiary. (b) Section 3.11(b) of the Company Disclosure Schedule sets forth a true, correct and complete schedule of all leases, subleases, licenses and other agreements under which each of Company and the Company Subsidiaries uses or occupies or has the right to use or occupy, now or in the future, real property (the "Leases"). Each of the Leases is valid, binding and in full force and effect in all material respects according to its terms. Company and each Company Subsidiary has performed all material obligations required to be performed by it to date under each of the Leases. No event has occurred and no condition exists that constitutes or, after notice or lapse of time or both, would constitute, a material default or termination event on the part of Company or any Company Subsidiary under any of the Leases. Company and the Company Subsidiaries have paid all rents and other charges to the extent due under the Leases. (c) Each of Company and the Company Subsidiaries, has good title to, valid leasehold interests in or otherwise legally enforceable rights to use all of the real property, personal property and other assets (tangible or intangible), used, occupied and operated or held for use by it in connection with its business as presently conducted in each case, free and clear of any Lien, except for (i) statutory Liens for amounts not yet delinquent, and (ii) Liens incurred in the Ordinary Course of Business that, individually and in the aggregate, are not material in character, amount or extent, do not materially detract from the value and do not materially interfere with the present use, occupancy or operation of, any material asset.

Tangible Properties. (a) Section 3.11(a3.10(a) of the Company Disclosure Schedule sets forth a true, correct and complete list of all real property owned by the Company or any Company Subsidiary. . (b) Section 3.11(b3.10(b) of the Company Disclosure Schedule sets forth a true, correct and complete schedule of all leases, subleases, licenses leases and other agreements under which each of the Company and the Company Subsidiaries uses or occupies or has the right to use or occupy, now or in the future, real property (the "Leases"each, a “Lease”). Each of the Leases Lease is valid, binding and in full force and effect in all material respects according to its terms. terms and, as of the date of this Agreement, neither the Company and each nor any Company Subsidiary has performed all material obligations required received a written notice of, and the Company has no Knowledge of, any default or termination with respect to be performed by it to date under each of the Leasesany Lease. No event has occurred and no condition exists that constitutes or, after notice would constitute a termination event or lapse of time or both, would constitute, a material default or termination event on breach by the part of Company or any Company Subsidiary under of, or material default by the Company or any Company Subsidiary in, the performance of any covenant, agreement or condition contained in any Lease, and to the Knowledge of the LeasesCompany, no counterparty to any Lease is in material breach or default in the performance of any material covenant, agreement or condition contained in such Lease. The Company and the Company Subsidiaries have paid all rents and other charges to the extent due under the Leases. . (c) Each of the Company and the Company Subsidiaries, Subsidiaries has good title to, valid leasehold interests in or otherwise legally enforceable rights to use all of the real property, personal property and other assets (tangible or intangible), used, occupied and operated or held for use by it in connection with its business as presently conducted in each case, free and clear of any Lien, except for (i) statutory Liens for amounts not yet delinquent, and (ii) Liens incurred in the Ordinary Course of Business that, individually and in the aggregate, are not material in character, amount or extent, and do not materially detract from the value and do not materially interfere with the present use, occupancy or operation of, any material asset.