Title to Assets; Liens. The Company has good and marketable title to all of its inventory, accounts receivable, property, equipment and other assets, and except as disclosed in the Company's SEC Reports such assets are free and clear of any mortgages, liens, charges, encumbrances, or title defects of any nature whatsoever. The Company and its Subsidiaries have valid and enforceable leases for the premises and the equipment, furniture and fixtures purported to be leased by them.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Essef Corp), Agreement and Plan of Merger (Pentair Inc)
Title to Assets; Liens. The Company has good and marketable title to all of its inventory, accounts receivable, property, equipment and other assets, and except as disclosed in the Company's SEC Reports such assets are free and clear of any mortgages, liens, charges, encumbrances, or title defects of any nature whatsoever. The Company and its Subsidiaries subsidiaries have valid and enforceable leases for the premises and the equipment, furniture and fixtures purported to be leased by them.
Appears in 1 contract
Title to Assets; Liens. The Company has good and marketable ---------------------- title to all of its inventory, accounts receivable, property, equipment and other assets, and except as disclosed in the Company's SEC Reports such assets are free and clear of any mortgages, liens, charges, encumbrances, or title defects of any nature whatsoever. The Company and its Subsidiaries subsidiaries have valid and enforceable leases for the premises and the equipment, furniture and fixtures purported to be leased by them.
Appears in 1 contract
Samples: Merger Agreement (Rohr Inc)
