Common use of Title to Personal Property Clause in Contracts

Title to Personal Property. Each of the Company and the Subsidiaries has good title to or a valid and enforceable leasehold interest in, or a contractual or common law right to use, all personal property material to the operation of its business, free and clear of all Liens other than Permitted Liens.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Corcom Inc), Agreement and Plan of Merger (Communications Instruments Inc)

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Title to Personal Property. Each of the The Company and the its Subsidiaries has have good and valid title to to, or a valid and enforceable leasehold interest in, or a contractual or common law right to use, all personal other material property material to the operation of its businessthat is not Project Real Property, free and clear of all Liens other than Permitted Liens.

Appears in 2 contracts

Samples: Arrangement Agreement (Anglogold Ashanti LTD), Arrangement Agreement (Corvus Gold Inc.)

Title to Personal Property. Each The Company and its Subsidiaries has good and valid title to, or, in the case of leased personal properties and assets, valid leasehold or subleasehold interests in, all of its material personal properties and assets used or held for use in the business of the Company and the Subsidiaries has good title to or a valid and enforceable leasehold interest in, or a contractual or common law right to use, all personal property material to the operation of its businessSubsidiaries, free and clear of all Liens other than any Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Diagnostic Products Corp)

Title to Personal Property. Each of the Company and the Subsidiaries has good title to or a valid and enforceable leasehold interest in, or a contractual or common law right to use, in all personal property material to the operation of its business, free and clear of all Liens other than Permitted Liens.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Thermal Industries Inc)

Title to Personal Property. Each of the The Company and the its Subsidiaries has have good and valid title to or a valid all of their respective assets and enforceable leasehold interest in, or a contractual or common law right to use, all personal property material to the operation of its businessthat is not Real Property, free and clear of all Liens Encumbrances other than Permitted LiensEncumbrances.

Appears in 1 contract

Samples: Subscription Agreement (Dakota Gold Corp.)

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Title to Personal Property. Each of the The Company and each of the Subsidiaries has good and valid title to or a or, in the case of leased properties and assets, good and valid and enforceable leasehold interest interests in, all of the Personal Property owned or a contractual used by it, and has good title to, or common law right to usevalid leasehold interests or licenses in, all personal property material to the operation of its businessintangible assets used for the conduct of Business, in each case free and clear of all Liens other than Liens, except for Permitted Liens.

Appears in 1 contract

Samples: Stock Purchase Agreement (Consolidated Communications Texas Holdings, Inc.)

Title to Personal Property. Each of the The Company or its Subsidiaries have, in all material respects, good and the Subsidiaries has good valid title to to, or a valid and enforceable leasehold interest in, or a contractual or common law right to use, all personal property material to the operation of its businessother Company Property that is not Real Property, free and clear of all Liens Encumbrances other than Permitted LiensEncumbrances.

Appears in 1 contract

Samples: Subscription Agreement (Solaris Resources Inc.)

Title to Personal Property. Each of the The Company and the its Subsidiaries has have good and valid title to to, or a valid and enforceable leasehold interest in, or a contractual or common law right to use, all personal other property material to the operation of its businessthat is not real property, free and clear of all Liens Encumbrances other than Permitted LiensEncumbrances.

Appears in 1 contract

Samples: Securities Purchase Agreement (IntelGenx Technologies Corp.)

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