Company Owned Properties definition

Company Owned Properties shall have the meaning set forth in Section 4.15.1.
Company Owned Properties has the meaning given to it in paragraph 1.1 of Part 3 of Schedule 2;
Company Owned Properties means the properties identified in Parts 1 and 2 of this Schedule 2 in which the freehold estate (or nearest local law equivalent) is owned by a Target Group Company as at Closing, together (subject to Clause 2.3.2) with all buildings, structures, fixed plant, fixed machinery and fixed equipment thereon (except as excluded in Clause 2.3.2, and “Company Owned Property” means any one of them;

Examples of Company Owned Properties in a sentence

  • All plants, warehouses, distribution centers, structures and other buildings situated on the Company Owned Properties and Company Leased Properties are in good condition and repair and are sufficient for the operation of Company’s business in the ordinary course consistent with past practice, normal wear and tear excepted, except, in each case, as would not be reasonably expected to have, individually or in the aggregate, a Company Material Adverse Effect.

  • Other than the Company Owned Properties, neither Company nor any of its Subsidiaries owns any real property.

  • All owned or leased tangible personal assets of Company and its Subsidiaries (other than the Company Owned Properties and Company Leased Properties) are in all material respects in good working order, repair and operating condition, other than rental fleet under repair or out of service in the ordinary course of business.

  • The Target Companies have good and marketable fee title to all Company Owned Properties, free and clear of all Liens of any nature whatsoever, except for Permitted Liens.

  • True, correct, and complete copies of all Real Property Leases, and, with respect to the Company Owned Properties, true, correct, and complete copies of all deeds, title insurance policies, and surveys have been delivered or otherwise made available to Parent by the Company.


More Definitions of Company Owned Properties

Company Owned Properties is defined in Section 4.1(u)(i).
Company Owned Properties means the real property and interests in real property currently owned by one or more of the Companies, and the real property or material interests in real property currently owned by Seller or its Affiliates (other than the Companies) that will be conveyed to one or more of the Companies prior to Closing, that, in each case, are used or held for use in the conduct of the business of the Companies as it is currently conducted, which readily identifiable Company Owned Properties are described in Section 3.08(a) of the Disclosure Schedules in pertinent part.
Company Owned Properties has the meaning set forth in Section 3.18.
Company Owned Properties the properties owned by the Group, the particulars of which are set out in Part A of Exhibit C, a copy of which has been initialled on behalf of the Parties for the purpose of identification; "Company Properties" the Company Owned Properties and the Company Leased Properties;
Company Owned Properties has the meaning ascribed thereto in Paragraph (21)(a) of Schedule D.
Company Owned Properties has the meaning specified in Schedule C.
Company Owned Properties shall have the meaning given thereto in Section 3.09(a).