Common use of Title to the Assets Clause in Contracts

Title to the Assets. Each of the Group Companies has good and valid title to, or enforceable leasehold interests in or valid rights under contract to use, all the properties and assets owned or used by such Group Company (personal, tangible and intangible), including, without limitation (a) all the properties and assets reflected in the Financial Statements, and (b) all the properties and assets purchased or otherwise contracted for by the Group Companies since December 31, 2009 (except for properties and assets reflected in the Financial Statements or acquired or otherwise contracted for since the date of the Financial Statements that have been sold or otherwise disposed of in the ordinary course of business), in each case free and clear of all Liens, except for Liens set forth on Schedule 4.10 of the Disclosure Schedule. The property, plant and equipment of the Group Companies, whether owned or otherwise contracted for, are in a state of good maintenance and repair and are adequate and suitable in all material respects for the purposes for which they are presently being used.

Appears in 3 contracts

Samples: Membership Interest Purchase Agreement (Radiation Therapy Services Holdings, Inc.), Membership Interest Purchase Agreement (Radiation Therapy Services Holdings, Inc.), Membership Interest Purchase Agreement (Radiation Therapy Services Holdings, Inc.)

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Title to the Assets. Each of the Group The Companies has have good and valid title to, or enforceable leasehold interests in or valid rights under contract to use, all the properties and assets owned or used by such Group Company the Companies (personal, tangible and intangible), including, without limitation (a) all the properties and assets reflected in the Financial Statements, and (b) all the properties and assets purchased or otherwise contracted for by the Group Companies since December 31, 2009 2007 (except for properties and assets reflected in the Financial Statements or acquired or otherwise contracted for since the date of the Financial Statements Date that have been sold or otherwise disposed of in the ordinary course of business), in each case free and clear of all Liens, except for Liens set forth on Schedule 4.10 4.8 of the Disclosure Schedule. The property, plant and equipment of the Group Companies, whether owned or otherwise contracted for, are in a state of good maintenance and repair and are adequate and suitable in all material respects for the purposes for which they are presently being used.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Radiation Therapy Services Holdings, Inc.)

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