Title to Properties; Insurance. (a) Except as set forth on Schedule 2.7(a), the Company has good and valid title to, or, in the case of property leased by it as lessee, a valid and subsisting leasehold interest in, its properties and assets, free of all Liens.
Appears in 2 contracts
Samples: Convertible Note Purchase Agreement (Bio Plexus Inc), Convertible Note Purchase Agreement (Appaloosa Management Lp)
Title to Properties; Insurance. (a) Except as set forth on Schedule 2.7(a2.8(a), the Company has and the Subsidiaries have good and valid title to, or, in the case of property leased by it as lesseethem, a valid and subsisting leasehold interest in, its their respective material properties and assets, free of all LiensEncumbrances except for Permitted Encumbrances.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Weisel Thomas Partners Group LLC/Ca), Securities Purchase Agreement (Penske Capital Partners LLC)
Title to Properties; Insurance. (a) Except as set forth on Schedule 2.7(a), the Company has good and valid title to, or, in the case of property leased by it as lessee, a valid and subsisting leasehold interest in, its the Company's properties and assets, free of all Liens.
Appears in 2 contracts
Samples: Convertible Note Purchase Agreement (Bio Plexus Inc), Convertible Note Purchase Agreement (Appaloosa Management Lp)
Title to Properties; Insurance. (a) Except as set forth on Schedule 2.7(a)2.11(a) or in the SEC Filings, the Company has good and valid title to, or, in the case of property leased by it as lessee, a valid and subsisting leasehold interest in, its properties and assets, free of all Liens.
Appears in 1 contract
Samples: Convertible Note Purchase Agreement (Shamrock Holdings of California Inc)
Title to Properties; Insurance. (a) Except as set forth on Schedule 2.7(aSchedule2.8(a), the Company has and the Subsidiaries have good and valid title to, or, in the case of property leased by it as lesseethem, a valid and subsisting leasehold interest in, its their respective material properties and assets, free of all LiensEncumbrances except for Permitted Encumbrances.
Appears in 1 contract
Samples: Securities Purchase Agreement (United Auto Group Inc)
Title to Properties; Insurance. (a) Except as set forth on ------------------------------ Schedule 2.7(a2.8(a), the Company has and the Subsidiaries have good and valid title to, or, in the case of property leased by it as lesseethem, a valid and subsisting leasehold interest in, its their respective material properties and assets, free of all LiensEncumbrances except for Permitted Encumbrances.
Appears in 1 contract
Title to Properties; Insurance. (a) Except as set forth on in Schedule 2.7(a), the Company has and each of its Subsidiaries have good and valid title to, or, in the case of property leased by it any of them as lessee, a valid and subsisting leasehold interest in, its their respective properties and assets, free of all LiensLiens and encumbrances, except as sold or otherwise disposed of in the ordinary course of business and except for such Liens and encumbrances which would not cause a Material Adverse Effect.
Appears in 1 contract
