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The Company has a valid and subsisting leasehold interest in all material Leased Real Property leased by it or license in all material Leased Real Property licensed by it, in each case free and clear of all Encumbrances, other than Permitted Encumbrances.\n(b) Except as would not reasonably be expected to be, individually or in the aggregate, material to the Company or the Business, the Company has valid and subsisting ownership or leasehold interests in all of the tangible personal assets and properties used or leased for use by the Company in connection with the conduct of the Business, free and clear of all Encumbrances, other than Permitted Encumbrances.\n(c) The plants, buildings, structures and equipment owned or leased by the Company have no material defects, are in good operating condition and repair in all material respects and have been reasonably maintained consistent with standards generally followed in the industry (giving due account to the age and length of use of same, ordinary wear and tear excepted), are, to the Knowledge of the Company, adequate and suitable in all material respects for their present uses and, in the case of plants, buildings and other structures (including the roofs thereof), structurally sound in all material respects.", "samples": [{"hash": "9iTp7ACTzq2", "uri": "/contracts/9iTp7ACTzq2#tangible-property", "label": "Acquisition Agreement", "score": 27.4544830322, "published": true}, {"hash": "2kUyFehwjwS", "uri": "/contracts/2kUyFehwjwS#tangible-property", "label": "Acquisition Agreement", "score": 27.4544830322, "published": true}, {"hash": "23t13h9Lq9u", "uri": "/contracts/23t13h9Lq9u#tangible-property", "label": "Acquisition Agreement", "score": 27.4175224304, "published": true}], "size": 8, "snippet_links": [{"key": "the-company-disclosure-schedule", "type": "clause", "offset": [87, 118]}, {"key": "complete-list", "type": "clause", "offset": [148, 161]}, {"key": "parcel-of-real-property", "type": "definition", "offset": [170, 193]}, {"key": "date-of-this-agreement", "type": "definition", "offset": [210, 232]}, {"key": "a-third-party", "type": "clause", "offset": [267, 280]}, {"key": "by-the-company", "type": "clause", "offset": [281, 295]}, {"key": "the-third-party", "type": "definition", "offset": [334, 349]}, {"key": "the-lease", "type": "clause", "offset": [414, 423]}, {"key": "the-company-has", "type": "definition", "offset": [480, 495]}, {"key": "real-property-leased", "type": "clause", "offset": [561, 581]}, {"key": "license-in", "type": "definition", "offset": [591, 601]}, {"key": "each-case", "type": "definition", "offset": [655, 664]}, {"key": "free-and-clear", "type": "definition", "offset": [665, 679]}, {"key": "permitted-encumbrances", "type": "clause", "offset": [712, 734]}, {"key": "in-the-aggregate", "type": "definition", "offset": [806, 822]}, {"key": "to-the-company", "type": "clause", "offset": [833, 847]}, {"key": "leasehold-interests", "type": "definition", "offset": [915, 934]}, {"key": "assets-and-properties", "type": "definition", "offset": [967, 988]}, {"key": "in-connection-with", "type": "clause", "offset": [1027, 1045]}, {"key": "conduct-of-the-business", "type": "definition", "offset": [1050, 1073]}, {"key": "structures-and-equipment", "type": "clause", "offset": [1173, 1197]}, {"key": "no-material-defects", "type": "clause", "offset": [1234, 1253]}, {"key": "condition-and-repair", "type": "clause", "offset": [1277, 1297]}, {"key": "in-all-material-respects", "type": "definition", "offset": [1298, 1322]}, {"key": "consistent-with", "type": "definition", "offset": [1359, 1374]}, {"key": "length-of-use", "type": "clause", "offset": [1455, 1468]}, {"key": "ordinary-wear-and-tear", "type": "definition", "offset": [1478, 1500]}, {"key": "knowledge-of-the-company", "type": "definition", "offset": [1524, 1548]}, {"key": "in-the-case", "type": "clause", "offset": [1625, 1636]}, {"key": "buildings-and-other-structures", "type": "clause", "offset": [1648, 1678]}, {"key": "structurally-sound", "type": "definition", "offset": [1710, 1728]}], "hash": "576433bb3d6330e32d02fcf57e283612", "id": 7}, {"snippet": "With respect to the tangible properties and assets of the Company and its Subsidiaries (excluding real property) that are material to the conduct of the businesses of the Company and its Subsidiaries, the Company and its Subsidiaries have good title to, or hold pursuant to valid and enforceable leases, all such properties and assets, with only such exceptions as, individually or in the aggregate, would not have a Material Adverse Effect on the Company. All of the assets of the Company and its Subsidiaries have been maintained and repaired for their continued operation and are in good operating condition, reasonable wear and tear excepted, and usable in the ordinary course of business, except where the failure to be in such repair or condition or so usable would not individually or in the aggregate have a Material Adverse Effect on the Company.", "samples": [{"hash": "l2wBrQNwRJg", "uri": "/contracts/l2wBrQNwRJg#tangible-property", "label": "Merger Agreement (Nortek Inc)", "score": 18.0, "published": true}, {"hash": "k93PqzlpbnZ", "uri": "/contracts/k93PqzlpbnZ#tangible-property", "label": "Merger Agreement (Nortek Inc)", "score": 18.0, "published": true}, {"hash": "9FYAL82CqQi", "uri": "/contracts/9FYAL82CqQi#tangible-property", "label": "Merger Agreement (Atrium Corp)", "score": 18.0, "published": true}], "size": 8, "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [0, 15]}, {"key": "assets-of-the-company-and-its-subsidiaries", "type": "clause", "offset": [44, 86]}, {"key": "real-property", "type": "clause", "offset": [98, 111]}, {"key": "conduct-of-the-businesses", "type": "clause", "offset": [138, 163]}, {"key": "title-to", "type": "clause", "offset": [244, 252]}, {"key": "pursuant-to", "type": "clause", "offset": [262, 273]}, {"key": "valid-and-enforceable", "type": "clause", "offset": [274, 295]}, {"key": "in-the-aggregate", "type": "definition", "offset": [382, 398]}, {"key": "material-adverse-effect-on-the-company", "type": "definition", "offset": [417, 455]}, {"key": "the-assets", "type": "clause", "offset": [464, 474]}, {"key": "continued-operation", "type": "clause", "offset": [555, 574]}, {"key": "good-operating-condition", "type": "definition", "offset": [586, 610]}, {"key": "reasonable-wear-and-tear", "type": "clause", "offset": [612, 636]}, {"key": "in-the-ordinary-course-of-business", "type": "definition", "offset": [658, 692]}, {"key": "failure-to", "type": "clause", "offset": [711, 721]}], "hash": "00e595442481fe41803707079246b7f5", "id": 6}, {"snippet": "Synacor and each of its Subsidiaries have good and valid title to, or a valid leasehold interest in, all the tangible properties and assets which it purports to own or lease, including all the tangible properties and assets reflected in the Synacor Balance Sheet. All tangible properties and assets reflected in the Synacor Balance Sheet are held free and clear of all Liens, except for Liens reflected on the Synacor Balance Sheet and Liens for current Taxes not yet due and for which adequate reserves have been established in accordance with GAAP and other Liens that do not materially impair the use of the property or assets subject thereto. The machinery, equipment, furniture, fixtures and other tangible personal property and assets owned, leased or used by Synacor or any of its Subsidiaries are, in the aggregate, sufficient and adequate to carry on their respective businesses in all material respects as conducted as of the date hereof, and Synacor and its Subsidiaries are in possession of and have good title to, or valid leasehold interests in or valid rights under contract to use, such machinery, equipment, furniture, fixtures and other tangible personal property and assets that are material to Synacor and its Subsidiaries, taken as a whole, free and clear of all Liens, except for conditions or defects in title that in the aggregate would not be reasonably likely to result in a Synacor Material Adverse Effect.", "samples": [{"hash": "gCSLa56VzJy", "uri": "/contracts/gCSLa56VzJy#tangible-property", "label": "Loan and Security Agreement (Synacor, Inc.)", "score": 31.4147834778, "published": true}, {"hash": "9pyfGvoJHqj", "uri": "/contracts/9pyfGvoJHqj#tangible-property", "label": "Merger Agreement (Synacor, Inc.)", "score": 31.1108837128, "published": true}, {"hash": "89DimY52anV", "uri": "/contracts/89DimY52anV#tangible-property", "label": "Merger Agreement (Qumu Corp)", "score": 31.1108837128, "published": true}], "size": 10, "snippet_links": [{"key": "title-to", "type": "clause", "offset": [57, 65]}, {"key": "tangible-properties-and-assets", "type": "clause", "offset": [109, 139]}, {"key": "balance-sheet", "type": "clause", "offset": [249, 262]}, {"key": "free-and-clear", "type": "definition", "offset": [347, 361]}, {"key": "current-taxes", "type": "definition", "offset": [446, 459]}, {"key": "adequate-reserves", "type": "clause", "offset": [486, 503]}, {"key": "in-accordance-with", "type": "clause", "offset": [526, 544]}, {"key": "other-liens", "type": "definition", "offset": [554, 565]}, {"key": "materially-impair", "type": "definition", "offset": [578, 595]}, {"key": "use-of-the-property", "type": "clause", "offset": [600, 619]}, {"key": "assets-owned", "type": "clause", "offset": [734, 746]}, {"key": "in-the-aggregate", "type": "definition", "offset": [806, 822]}, {"key": "carry-on", "type": "definition", "offset": [851, 859]}, {"key": "in-all-material-respects", "type": "definition", "offset": [888, 912]}, {"key": "date-hereof", "type": "clause", "offset": [936, 947]}, {"key": "possession-of", "type": "clause", "offset": [989, 1002]}, {"key": "good-title", "type": "definition", "offset": [1012, 1022]}, {"key": "leasehold-interests", "type": "definition", "offset": [1036, 1055]}, {"key": "under-contract", "type": "definition", "offset": [1075, 1089]}, {"key": "taken-as-a-whole", "type": "clause", "offset": [1244, 1260]}, {"key": "defects-in-title", "type": "clause", "offset": [1316, 1332]}, {"key": "reasonably-likely", "type": "definition", "offset": [1368, 1385]}, {"key": "material-adverse-effect", "type": "clause", "offset": [1409, 1432]}], "hash": "c938f7d4cc394b7a8d4c12a3be21e027", "id": 4}, {"snippet": "(a) Except for the shared property or assets identified in SCHEDULES 2.1(c) and 6.10, SCHEDULE 4.5(a) hereto contains a true, correct and complete list of the following to the extent owned, used or held for use by Lee-\u2587\u2587\u2587C or any Acquired Company in the operation of the Lee-\u2587\u2587\u2587C Stations and the operation of each Acquired Company, as the case may be: (i) each parcel of real property owned, as of the date hereof, by such company (\"Owned Real Property\"), (ii) each parcel of material real property leased from or to a third party, as of the date hereof, by such company (\"Leased Real Property\"), the name of the third party lessor(s) or lessee(s) thereof, as the case may be, the date of the lease contract relating thereto and all amendments thereof, and (iii) a list of all material fixed assets owned by such company as set forth in each company's depreciation schedule attached thereto, (excluding therefrom such fixed assets with an original cost of less than $5,000 or which have been fully depreciated) and prepared in the ordinary course of business as of the date set forth therein. Except as set forth in SCHEDULE 4.5(a) hereto, the Lee-\u2587\u2587\u2587C Stations and each Acquired Company does not own, or have a contractual obligation to purchase or otherwise acquire any material interest in, any parcel of real property which would be used or held for use primarily in the operation of the Lee-\u2587\u2587\u2587C Stations or by the Acquired Company. All of the tangible assets and properties used by Lee-\u2587\u2587\u2587C Stations or the Acquired Companies pursuant to a lease or license included among the Purchased Assets of the Lee-\u2587\u2587\u2587C Stations or to which an Acquired Company is a party shall be referred to herein, collectively, as \"Leased Assets.\"\n(b) Lee-\u2587\u2587\u2587C and each Acquired Company have fee simple title to all of the Owned Real Property of the Lee-\u2587\u2587\u2587C Stations and the Owned Real Property of the Acquired Companies, free and clear of Liens except Permitted Encumbrances.\n(c) Within twenty-one (21) days after the date of this Agreement, Lee-\u2587\u2587\u2587C and each Acquired Company shall, with respect to each tract of Owned Real Property owned by such company, procure at its expense (except as provided below) and deliver to Purchaser (i) commitments for either (x) endorsements to existing owner's policies of title insurance committing to date the existing policies down to the Closing, subject to all matters listed on said policies and such other matters of record since the date of the policies or (y) ALTA owner's policies of title insurance in the amounts ascribed to the applicable tract of Owned Real Property, issued by Chicago Title Insurance Company or an affiliate or agent thereof, subject to all matters of record as of the date of the commitments, the pre-printed jacket exclusions and the standard pre-printed exceptions, (ii) copies of all matters listed as exceptions on the policies and commitments, as the case may be, and (iii) if requested by Purchaser and at Purchaser's expense,", "samples": [{"hash": "3f9qmJWUqUg", "uri": "/contracts/3f9qmJWUqUg#tangible-property", "label": "Purchase and Sale Agreement (Emmis Communications Corp)", "score": 18.0, "published": true}], "size": 12, "snippet_links": [{"key": "shared-property", "type": "definition", "offset": [19, 34]}, {"key": "complete-list", "type": "clause", "offset": [138, 151]}, {"key": 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