Common use of Title to and Condition of Properties Clause in Contracts

Title to and Condition of Properties. Except as disclosed in Schedule 4.13, or as would not cause a Material Adverse Effect, the Company and each of the Company Subsidiaries owns (with good and marketable title in the case of real property) or holds under valid leases or other rights to use all real property, plants, machinery and equipment necessary for the conduct of the business of the Company or a Company Subsidiary, as the case may be, as presently conducted, free and clear of all Liens, except Permitted Liens.

Appears in 1 contract

Samples: Share Exchange Agreement (Birch Branch Inc)

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Title to and Condition of Properties. Except as disclosed in Schedule 4.13, or as would not cause have a Material Adverse Effect, the Company and each of the Company Subsidiaries owns (with good and marketable title in the case of real property) or holds under valid leases or other rights to use all real property, plants, machinery and equipment necessary for the conduct of the business of the Company or a Company Subsidiary, as the case may be, as presently conducted, free and clear of all Liens, except Permitted Liens.

Appears in 1 contract

Samples: Share Exchange Agreement (AFH Holding I, Inc.)

Title to and Condition of Properties. Except as disclosed in Schedule 4.13, or as would not cause a Material Adverse Effect, the Company and each of the Company Subsidiaries owns (with good and marketable title in the case of real property) or holds under valid leases or other rights to use all real property, plants, machinery and equipment necessary for the conduct of the business of the Company or a Company Subsidiary, as the case may be, as presently conducted, free and clear of all Liens, except Permitted Liens.

Appears in 1 contract

Samples: Share Exchange Agreement (Afh Holding Ii, Inc.)

Title to and Condition of Properties. Except as disclosed in Schedule 4.134.14, or as would not cause a Material Adverse Effect, the Company and each of the Company Subsidiaries owns (with good and marketable title in the case of real property) or holds under valid leases or other rights to use all real property, plants, machinery and equipment necessary for the conduct of the business of the Company or a Company Subsidiary, as the case may be, as presently conducted, free and clear of all Liens, except Permitted Liens.

Appears in 1 contract

Samples: Share Exchange Agreement (BTHC XV, Inc.)

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Title to and Condition of Properties. Except as disclosed in Schedule 4.134.14, or as would not cause a Material Adverse Effect, the Company and each of the Company Subsidiaries owns (with good and marketable title in the case of real property) or holds under valid leases or other rights to use all real property, plants, machinery and equipment necessary for the conduct of the business of the Company or a Company Subsidiary, as the case may be, as presently conducted, free and clear of all LiensLiens and restrictions, except Permitted Liens.

Appears in 1 contract

Samples: Share Exchange Agreement (Bay Peak 1 Opportunity Corp.)

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