Common use of Title to Assets; Real Property Clause in Contracts

Title to Assets; Real Property. (a) No member of the Company Group owns or has owned any Real Property. Each member of the Company Group has good and valid title to, or a valid leasehold interest in, all Real Property and personal property and other assets reflected in the Annual Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):

Title to Assets; Real Property. (a) No member of the Company Group owns or has at any time owned fee title to any Real Property. Each member of the Company Group has a valid leasehold interest in all Real Property and good and valid title to, or a valid leasehold interest in, to all Real Property and personal property and other assets purported to be owned by it as reflected in the Annual Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):

Title to Assets; Real Property. (a) No member of the The Company Group owns or has owned any Real Property. Each a member of the Company Group has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and personal property and other assets reflected in the Annual Audited Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):

Title to Assets; Real Property. (a) No member of Neither the Company Group nor any Acquired Company owns or has owned any Real Property. Each member of the The Company Group or an Acquired Company has good and valid title to, or a valid leasehold interest inin all the leased Real Property, and good title in all Real Property of its right, title and interest in all personal property and other assets reflected in the Annual Audited Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):