Title to Real Properties. (a) Each of the Company and each Company Subsidiary has good and marketable title to, or valid leasehold interests in, all its real properties free and clear of all Liens, except for such defects in title, easements, restrictive covenants and similar encumbrances or impediments that, individually or in the aggregate, have not had and would not be reasonably likely to have a Company Material Adverse Effect.
Title to Real Properties. The Company and each of its Subsidiaries has good and valid title in fee simple to all its owned real property, as reflected in the most recent balance sheet included in the audited financial statements included in the Company SEC Documents, except for the properties and assets that have been disposed of in the ordinary course of business since the date of such balance sheet, free and clear of all Liens other than Permitted Liens, except as would not reasonably be expected to have a Company Material Adverse Effect. The Company and each of its Subsidiaries have good and valid leasehold interests in all real property leased by them, except as would not reasonably be expected to have a Company Material Adverse Effect. With respect to all leases under which the Company or any of its Subsidiaries lease any real property, such leases are in good standing, valid and effective against the Company and, to the Company’s Knowledge, the counterparties thereto, in accordance with their respective terms, is not and there is not, under any of such leases, any existing default by the Company or, to the Company’s Knowledge, the counterparties thereto, or event which, with notice or lapse of time or both, would become a default by the Company or, to the Company’s Knowledge, the counterparties thereto, other than failures to be in good standing, valid and effective and defaults under such leases which would not reasonably be expected to have a Company Material Adverse Effect.
Title to Real Properties. The Company and each of its Subsidiaries has good and valid title in fee simple to all its owned real property, as reflected in the most recent balance sheet included in the audited financial statements included in the Company SEC Documents, except for properties and assets that have been disposed of in the ordinary course of business since the date of such balance sheet, free and clear of all Liens, except for Permitted Liens and for such matters which do not have and would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. The Company and each of its subsidiaries have good and valid leasehold interests in all real property leased by them, except for such matters which do not have and would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect. All leases under which the Company or any of its subsidiaries lease any real or personal property are in good standing, valid and effective against the Company and, to the Company's Knowledge, the counterparties thereto, in accordance with their respective terms, is not and there is not, under any of such leases, any existing default by the Company or, to the Company's Knowledge, the counterparties thereto, or event which, with notice or lapse of time or both, would become a default by the Company or, to the Company's Knowledge, the counterparties thereto, other than failures to be in good standing, valid and effective and defaults under such leases which do not have and would not reasonably be expected to have, individually or in the aggregate, a Company Material Adverse Effect.
Title to Real Properties. To the knowledge of the Company, the Company and each of its Subsidiaries has good title to, or in the case of leased property and assets have valid leasehold interests in, all real property reflected on the Company Balance Sheet or acquired after the Company Balance Sheet Date, except for properties sold since the Company Balance Sheet Date in the ordinary course of business consistent with past practices, except for such imperfections in title and easements, if any, as are not substantial in character, amount or extent and do not materially detract from the value, or materially interfere with the present use of the property subject thereto or affected thereby, or otherwise materially impair the Company's business operations. None of such property is subject to any Lien, except:
Title to Real Properties. (a) The company does not own any real property.
Title to Real Properties. To the knowledge of the Indemnitors, ------------------------ upon consummation of the assignments and other transactions contemplated by the Omnibus Agreement, the Operating Partnership will be (i) the owner and holder of the ground leasehold estate and ground lessee's interest in the land comprising the Xxxxxx Airport Center Long Beach Property and the ground and air space leasehold estates and ground and air space lessees' interests in the land comprising the SeaTac Office Center Property,
Title to Real Properties. To the Knowledge of the Company as of the date of this Agreement, Section 3.17 of the Company Disclosure Letter contains a complete and correct list of all real property owned by the Company and its Subsidiaries (the “Owned Real Property”). The Company and each of its Subsidiaries have good, valid and marketable fee simple title to all of its Owned Real Property, free and clear of any Liens (x) created on or after November 1, 2005 and, (y) to the Knowledge of the Company, created prior to November 1, 2005, in each case other than Permitted Liens and except as would not reasonably be expected to have a Company Material Adverse Effect. There are no outstanding options or rights of first refusal to purchase the Owned Real Property, or any material portion thereof or interest therein; provided that no representation is made hereunder with respect to options or rights of first refusal granted prior to November 1, 2005 if the grant thereof is a Moyes-Specific Event. To the Knowledge of the Company as of the date of this Agreement, Section 3.17 of the Company Disclosure Letter contains a complete and correct list of all real property leased by the Company and its Subsidiaries (the “Leased Property”). The Company and each of its Subsidiaries have good and valid leasehold interests in all Leased Property, free and clear of any Liens (x) created on or after November 1, 2005 and, (y) to the Knowledge of the Company, created prior to November 1, 2005, in each case other than Permitted Liens and except as would not reasonably be expected to have a Company Material Adverse Effect. With respect to all Leased Property, there is not, under any of such leases, any existing default by the Company or its Subsidiaries or, to the Company’s Knowledge, the counterparties thereto, or event which, with notice or lapse of time or both, would become a default by the Company or its Subsidiaries or, to the Company’s Knowledge, the counterparties thereto, other than any defaults that would not reasonably be expected to have a Company Material Adverse Effect.
Title to Real Properties. (a) The IPL Disclosure Schedule sets forth a true, accurate, correct and complete list of: (i) all real property owned, leased or subleased by IPL and its Subsidiaries; (ii) all leases, sub-leases, leases underlying such sub-leases and assignment agreements with respect to such property ("IPL Leases"); and (iii) IPL and its Subsidiaries' fee title policies relating thereto (collectively, the "IPL Real Property"). True, correct and complete copies of all such IPL Leases and fee title policies have been delivered to Video. The IPL Real Property owned by IPL and its Subsidiaries is sometimes hereinafter referred to as the "IPL Real Estate". The IPL Real Property leased or subleased by IPL and its Subsidiaries is sometimes hereinafter referred to as the "IPL Leased Property."
Title to Real Properties. (a) The Video Disclosure Schedule sets forth a true, accurate, correct and complete list of: (i) all real property owned, leased or subleased by Video and its Subsidiaries; (ii) all leases, sub-leases, leases underlying such sub-leases and assignment agreements with respect to such property (the "Video Leases"); and (iii) Video and its Subsidiaries' fee title policies relating thereto (collectively, the "Video Real Property"). True, correct and complete copies of all such Video Leases and title policies have been delivered to IPL. The Video Real Property owned by Video and its Subsidiaries is sometimes hereinafter referred to as the "Video Real Estate". The Video Real Property leased or subleased by Video and its Subsidiaries is sometimes hereinafter referred to as the "Video Leased Property."
Title to Real Properties. Section 3.8 of the Seller Disclosure Schedule sets forth a correct and complete list of real property leased by the Seller. The Seller holds interest as lessee under leases in full force and effect in all real property used in connection with the Business or otherwise leased by it. The Seller does not own any real property.
