Title and Condition of Tangible Assets Sample Clauses

Title and Condition of Tangible Assets. 2.09-1 GDSC owns all of its tangible personal property except leased property free and clear of all mortgages, pledges, security interests, claims, charges or other encumbrances or restrictions of any kind, except
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Title and Condition of Tangible Assets. Set forth in Section 3.8 of the Disclosure Schedule is a true and correct list of all of the material tangible assets which are owned by Seller or the Company and used in the Business. Except as set forth in Section 3.8 of the Disclosure Schedule, Seller or the Company has good and valid title to, or a valid leasehold interest in, all of the tangible assets used in the conduct of the Business, in each case free and clear of all Liens other than Permitted Liens. Except as set forth in Section 3.8 of the Disclosure Schedule, upon completion of the transactions contemplated by the Contribution Agreement and the related transfer agreements, the tangible rights, assets and properties of the Company will include all of the material tangible rights, assets and properties necessary to conduct the Business as currently conducted. The tangible assets which are owned by Seller or the Company and used in the Business, taken as a whole, are in good operating condition and repair, normal wear and tear excepted.
Title and Condition of Tangible Assets. 4.20-1 Seller has good title, or the right to use, all of the Tangible Personal Property free and clear of all mortgages, pledges, security interests, claims, charges or other encumbrances or restrictions of any kind, except
Title and Condition of Tangible Assets. 3.18-1 DMO owns all of the Tangible Personal Property except the leased property free and clear of all mortgages, pledges, security interests, claims, charges or other encumbrances or restrictions of any kind, except
Title and Condition of Tangible Assets. 3.18-1 ADC owns all of the Tangible Personal Property except the leased property free and clear of all mortgages, pledges, security interests, claims, charges or other encumbrances or restrictions of any kind, except
Title and Condition of Tangible Assets. 3.18-1 PDS owns all of the Tangible Personal Property except the leased property free and clear of all mortgages, pledges, security interests, claims, charges or other encumbrances or restrictions of any kind, except
Title and Condition of Tangible Assets. Seller is in possession of and has good title to, or has valid leasehold interests in or valid rights under Contract to use, all the Acquired Assets free and clear of all Liens, other than Permitted Liens. To the Knowledge of Seller, all of the tangible Acquired Assets are, in all material respects, in good working order and condition, ordinary wear and tear excepted.
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Title and Condition of Tangible Assets. 4.18-1 Blue Oak owns all of the Tangible Personal Property free and clear of all mortgages, pledges, security interests, claims, charges or other encumbrances or restrictions of any kind, except
Title and Condition of Tangible Assets. The Target Companies have good and valid title to, or a valid leasehold or licensed interest in, all of the material tangible assets used in the conduct of the business of the Target Companies, in each case free and clear of all Company Liens other than Permitted Company Liens. The assets of the Target Companies include all of the material tangible assets that are used in the operations of the Target Companies as presently conducted and are adequate in all material respects to conduct the business of the Target Companies as presently conducted. The material tangible assets of the Target 133991530.23 Companies, taken as a whole, are in good operating condition and repair, normal wear and tear excepted.
Title and Condition of Tangible Assets. The Purchaser Companies have good and valid title to, or a valid leasehold or licensed interest in, all of the material tangible assets used in the conduct of the business of the Purchaser Companies, in each case free and 31 133991530.23 clear of all Purchaser Liens other than Permitted Purchaser Liens. The assets of the Purchaser Companies include all of the material tangible assets that are used in the operations of the Purchaser Companies as presently conducted and are adequate in all material respects to conduct the business of the Purchaser Companies as presently conducted. The material tangible assets of the Purchaser Companies, taken as a whole, are in good operating condition and repair, normal wear and tear excepted.
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