Title to Properties and Assets. (a) Each Group Company has good and marketable title to its properties and assets held in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind. With respect to the property and assets it leases, except as disclosed in Section 3.7 of the Disclosure Schedule, each Group Company has obtained all necessary approvals, permits or authorizations from relevant governmental authorities and the owners of such property and assets, and is in compliance with such leases and such Group Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 6 contracts
Samples: Series C Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD), Series C Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD), Series C Preferred Shares Purchase Agreement (Pinduoduo Inc.)
Title to Properties and Assets. (a) Each Group The Company has good and marketable title to its properties and assets held in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind, except such mortgage, pledge, lien, encumbrance, security interest or charge that arises in the ordinary course of business and does not materially impair the Company's ownership or use of such property. With respect to the property and assets it leases, except as disclosed in Section 3.7 of the Disclosure Schedule, each Group Company has obtained all necessary approvals, permits or authorizations from relevant governmental authorities and the owners of such property and assets, and is in compliance with such leases and such Group and, to the Company's knowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 4 contracts
Samples: 1 (Accelerated Networks Inc), Common Stock Subscription Agreement (Accelerated Networks Inc), Preferred Stock Purchase Agreement (Accelerated Networks Inc)
Title to Properties and Assets. (a) Each Group Company has good and marketable title to its properties and assets held in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind. With respect to the property and assets it leases, except as disclosed in Section 3.7 3.07 of the Disclosure Schedule, each Group Company has obtained all necessary approvals, permits or authorizations from relevant governmental authorities and the owners of such property and assets, and is in compliance with such leases and such Group Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 3 contracts
Samples: Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD), Preferred Shares Purchase Agreement (Pinduoduo Inc.), Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD)
Title to Properties and Assets. (a) Each Group Company has good and marketable title to its material properties and assets held in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind, other than such mortgage, pledge, lien, encumbrance, security interest or charge that would not materially adversely affect the use and enjoyment by the applicable Group Company of its material properties and assets covered or affected thereby. With respect to the property and assets it leases, except as disclosed in Section 3.7 leases and to the best knowledge of the Disclosure ScheduleCompany, each Group Company has obtained all necessary approvals, permits or authorizations from relevant governmental authorities and the owners of such property and assets, and is in compliance with such leases and such Group Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 2 contracts
Samples: Series a Preferred Share Purchase Agreement (Trina Solar LTD), Series a Preferred Share Purchase Agreement (Trina Solar LTD)
Title to Properties and Assets. (a) Each Group Company has good and marketable title to its properties and assets held in each case subject to no free and clear of any mortgage, pledge, lien, encumbrance, security interest or charge of any kindkind except such encumbrances or liens that arise in the ordinary course of business that do not materially impair such Group Company’s ownership or use of such property or assets. With respect to the property and assets it leases, except as disclosed in Section 3.7 of the Disclosure Schedule, each Group Company has obtained all necessary approvals, permits or authorizations from relevant governmental authorities and the owners of such property and assets, and is in compliance with such leases and and, to the best of its knowledge, such Group Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 1 contract
Samples: Share Subscription Agreement (JA Solar Holdings Co., Ltd.)
