Common use of Title to and Condition of Personal Property Clause in Contracts

Title to and Condition of Personal Property. The Company has merchantable title to all personal property reflected in the April 1997 Balance Sheet or acquired subsequent to the date of the April 1997 Balance Sheet, free and clear of all liens or encumbrances, except as disclosed in Schedule 3.15 hereto. No representation or warranty as to the condition of any such personal property is made in this Agreement. The Company owns or has the right to use all such properties necessary to the conduct of its business as currently conducted.

Title to and Condition of Personal Property. The Company has merchantable title to all personal property reflected in the April 1997 Balance Sheet or acquired subsequent to the date of the April 1997 Balance SheetSheet (other than inventory disposed of since that date in the ordinary course of business), free and clear of all liens or encumbrances, encumbrances except as disclosed described in Schedule 3.15 heretohereto (the "Liens"). No representation or warranty as to All of the condition of any such personal property owned by the Company is made in this Agreementgood operating condition and repair. The Company owns or has the right to use all such properties personal property necessary to the conduct of its business as currently conducted.

Title to and Condition of Personal Property. The Company has merchantable title to all personal property reflected in the April 1997 Balance Sheet or acquired subsequent to the date of the April 1997 Balance Sheet, free and clear of all liens or encumbrances, except as specifically disclosed in Schedule 3.15 hereto. No representation or warranty as to All of the condition of any such personal property owned by the Company is made in this Agreementgood operating condition and repair. The Company owns or has the right to use all such properties necessary to the conduct of its business as currently conducted.