Company Real Estate Leases definition

Company Real Estate Leases has the meaning set forth in Section 2.11.

Company Real Estate Leases is defined in Section 3.7.

Company Real Estate Leases each of which is in full force and effect, with no existing material default thereunder. The Company’s use and operation of each such leased property conforms to all applicable Laws in all material respects, and the Company has exclusive possession of each such leased property and has not granted any occupancy rights to tenants or licensees with respect to such leased property. In addition, each such leased property is free and clear of all Encumbrances other than Permitted Encumbrances.

Examples of Company Real Estate Leases in a sentence

• The Company does not own any interest in real property, except for leasehold interests in the Company Leased Real Property pursuant to the Company Real Estate Leases.

• The Disclosure Schedule describes all real estate used ------------- in the operation of the Company Business as well as any other real estate that is in the possession of or leased by Company and the improvements (including buildings and other structures) located on such real estate (collectively, the "Company Real Property"), and lists any leases under which any such Company Real Property is possessed (the "Company Real Estate Leases").

• The Company has made available to Parent (a) an accurate and complete list of all real properties with respect to which the Company directly or indirectly holds a valid leasehold interest as well as any other real estate that is in the possession of or leased by the Company or any of its Subsidiaries, and (b) copies of all leases under which any such real property is possessed (the “ Company Real Estate Leases ”), each of which is in full force and effect, with no existing material default thereunder.

• Part 2.11 of the Company Disclosure Schedule sets forth a complete and accurate list of all Company Real Estate Leases.

• To the Knowledge of the Company, no event has occurred which, with the passage of time or the giving of notice or both, would cause a material breach of or default under any of such Company Real Estate Leases.

• The DISCLOSURE SCHEDULE describes all real estate ------------- used in the operation of the Company Business as well as any other real estate that is in the possession of or leased by Company and the improvements (including buildings and other structures) located on such real estate (collectively, the "Company Real Property"), and lists any leases under which any such Company Real Property is possessed (the "Company Real Estate Leases").

• Neither the Company nor any of its Subsidiaries has assigned, transferred, mortgaged, subleased or pledged (directly or indirectly) any interest in any of the Company Real Estate Leases.

• The Company is not in default under any of the Company Real Estate Leases, except where such defaults have not had and would not be reasonably expected to have, individually or in the aggregate, a Company Material Adverse Effect, and to the Knowledge of the Company, there is no default by any of the lessors thereunder.

• Except as set forth in Schedule 3.7(a), the Company Real Estate Leases are in full force and effect, have not been further amended, and to the Knowledge of the Company, no party thereto is in default or breach under any such Company Real Estate Lease.

• Neither the Company nor any of its Subsidiaries is in default under any of the Company Real Estate Leases, except where such defaults have not had and would not be reasonably expected to have, individually or in the aggregate, a Company Material Adverse Effect, and to the Knowledge of the Company, there is no default by any of the lessors thereunder.