Common use of Title Leased Assets Clause in Contracts

Title Leased Assets. A description of all interests in real property owned by the Corporation (collectively, the "Real Property") is set forth in Schedule 3.14(a). Except as set forth in Schedule 3.14(a), the Corporation has good, valid and marketable title to all the Real Property. Except as set forth in Schedule 3.14(b), the Corporation has good, valid and marketable title to all tangible and intangible personal property owned by it (collectively, the Personal Property"). A list of all leases of real and personal property to which the Corporation is a party, either as lessor or lessee, are set forth in Schedule 3.14(c). All such leases are valid and enforceable in accordance with their respective terms except as may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or the availability of equitable remedies. Except for those assets acquired since June 30, 2003, all tangible and intangible assets used in the conduct of the business of the Corporation are reflected in the Financial Statements in a manner that is in conformity with generally accepted accounting principles applied on a consistent basis with prior periods. The Corporation owns, leases or otherwise possesses a right to use all assets used in the conduct of the business of the Corporation, which will not be impaired by the consummation of the transactions contemplated hereby.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Boundless Motor Sports Racing Inc), Stock Purchase Agreement (Boundless Motor Sports Racing Inc)

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Title Leased Assets. A description of all interests in real property owned by the Corporation Company (collectively, the "Real Property") is set forth in Schedule 3.14(a3.9(a). Except as set forth in Schedule 3.14(a3.9(a), the Corporation Company has good, valid and marketable title to all the Real Property. Except as set forth in Schedule 3.14(b3.9(b), the Corporation Company has good, valid and marketable title to all tangible and intangible personal property owned by it (collectively, the "Personal Property"). A list of all leases of real and personal property to which the Corporation Company is a party, either as lessor or lessee, are set forth in Schedule 3.14(c3.9(c). All such leases are valid and enforceable in accordance with their respective terms except as may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or the availability of equitable remedies. Except for those assets acquired since June September 30, 2003, all tangible and intangible assets used in the conduct of the business of the Corporation Company are reflected in the Financial Statements in a manner that is in conformity with generally accepted accounting principles applied on a consistent basis with prior periods. The Corporation Company owns, leases or otherwise possesses a right to use all assets used in the conduct of the business of the CorporationCompany, which will not be impaired by the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mb Software Corp)

Title Leased Assets. A description of all interests in real property owned by the Corporation Company (collectively, the "Real Property") is set forth in Schedule 3.14(a3.9(a). Except as set forth in Schedule 3.14(a3.9(a), the Corporation Company has good, valid and marketable title to all the Real Property. Except as set forth in Schedule 3.14(b3.9(b), the Corporation Company has good, valid and marketable title to all tangible and intangible personal property owned by it (collectively, the Personal Property"). A list of all leases of real and personal property to which the Corporation Company is a party, either as lessor or lessee, are set forth in Schedule 3.14(c3.9(c). All such leases are valid and enforceable in accordance with their respective terms except as may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or the availability of equitable remedies. Except for those assets acquired since June September 30, 20032004, all tangible and intangible assets used in the conduct of the business of the Corporation Company are reflected in the Financial Statements in a manner that is in conformity with generally accepted accounting principles applied on a consistent basis with prior periods. The Corporation the Company owns, leases or otherwise possesses a right to use all assets used in the conduct of the business of the CorporationCompany, which will not be impaired by the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (CNH Holdings Co)

Title Leased Assets. A description of all interests in real property owned by the Corporation Company (collectively, the "Real Property") is set forth in Schedule 3.14(a3.9(a). Except as set forth in Schedule 3.14(a3.9(a), the Corporation Company has good, valid and marketable title to all the Real Property. Except as set forth in Schedule 3.14(b3.9(b), the Corporation Company has good, valid and marketable title to all tangible and intangible personal property owned by it (collectively, the Personal Property"). A list of all leases of real and personal property to which the Corporation Company is a party, either as lessor or lessee, are set forth in Schedule 3.14(c3.9(c). All such leases are valid and enforceable in accordance with their respective terms except as may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or the availability of equitable remedies. Except for those assets acquired since June September 30, 2003, all tangible and intangible assets used in the conduct of the business of the Corporation Company are reflected in the Financial Statements in a manner that is in conformity with generally accepted accounting principles applied on a consistent basis with prior periods. The Corporation the Company owns, leases or otherwise possesses a right to use all assets used in the conduct of the business of the CorporationCompany, which will not be impaired by the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Mb Software Corp)

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Title Leased Assets. A description of all interests in real property owned by the Corporation Company (collectively, the "Real Property") is set forth in Schedule 3.14(a3.9(a). Except as set forth in Schedule 3.14(a3.9(a), the Corporation Company has good, valid and marketable title to all the Real Property. Except as set forth in Schedule 3.14(b3.9(b), the Corporation Company has good, valid and marketable title to all tangible and intangible personal property owned by it (collectively, the "Personal Property"). A list of all leases of real and personal property to which the Corporation Company is a party, either as lessor or lessee, are set forth in Schedule 3.14(c3.9(c). All such leases are valid and enforceable in accordance with their respective terms except as may be limited by applicable bankruptcy, insolvency or similar laws affecting creditors' rights generally or the availability of equitable remedies. Except for those assets acquired since June September 30, 20032008, all tangible and intangible assets used in the conduct of the business of the Corporation Company are reflected in the Financial Statements in a manner that is in conformity with generally accepted accounting principles applied on a consistent basis with prior periods. The Corporation Company owns, leases or otherwise possesses a right to use all assets used in the conduct of the business of the CorporationCompany, which will not be impaired by the consummation of the transactions contemplated hereby.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Wound Management Technologies, Inc.)

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