Common use of Title to and Sufficiency of Assets Clause in Contracts

Title to and Sufficiency of Assets. The Company has good, valid, transferable and marketable title to, or valid leasehold interests in, all of its properties and assets, in each case free and clear of all Encumbrances, except for Permitted Encumbrances.

Appears in 3 contracts

Samples: Amended and Restated Agreement and Plan of Merger (FlikMedia, Inc.), Agreement and Plan of Merger (CrossBox, Inc.), Agreement and Plan of Merger and Reorganization (Nile Therapeutics, Inc.)

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Title to and Sufficiency of Assets. (a) The Company has good, valid, transferable and marketable title to, or valid leasehold interests in, all of its properties and assets, in each case free and clear of all Encumbrances, except for Permitted Encumbrances.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Versar Inc), Stock Purchase Agreement (Versar Inc)

Title to and Sufficiency of Assets. (a) The Company has good, valid, transferable and marketable title to, or valid leasehold interests or license interests in, all of its properties and assets, in each case free and clear of all EncumbrancesLiens, except for Permitted EncumbrancesLiens.

Appears in 1 contract

Samples: Stock Purchase Agreement (Biomarin Pharmaceutical Inc)

Title to and Sufficiency of Assets. (a) The Company has good, valid, transferable and marketable title to, or valid leasehold interests in, all of its their properties and assets, in each case free and clear of all Encumbrances, except for Permitted Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Signature Group Holdings Inc)

Title to and Sufficiency of Assets. The Company has goodgood and valid title to all assets, validproperties, transferable rights and marketable title tointerests of the Company, whether tangible or valid leasehold interests inintangible, personal or mixed and wherever located, including without limitation, the Property. Except as set forth in Section 3.6 of the Disclosure Schedules, all of its such properties and assets, in each case assets (including leasehold interests) are free and clear of all Encumbrances, except for Permitted Encumbrances.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Terra Tech Corp.)

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Title to and Sufficiency of Assets. (a) The Company has good, valid, transferable and marketable title to, or valid leasehold interests in, all of its properties and assets, in each case free and clear of all Encumbrances, except for Permitted Encumbrances.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Clarient, Inc)

Title to and Sufficiency of Assets. (a) The Company has good, valid, transferable Companies have good and marketable valid title to, or a valid leasehold interests interest in, all of its their respective properties or assets (tangible and assetsintangible), in each case including all Owned Intellectual Property, free and clear of all EncumbrancesLiens, except for other than Permitted EncumbrancesLiens.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (RCS Capital Corp)

Title to and Sufficiency of Assets. The Company has good, valid, transferable good and marketable indefeasible title to, or a valid leasehold interests ininterest in or other right to use, all of its properties and assetsassets used by it, in each case located on Company’s premises, free and clear of all EncumbrancesLiens, except for Permitted Encumbrancesassets disposed of in the ordinary course of business.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nature's Best Brands, Inc.)

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