Examples of Owned Tangible Personal Property in a sentence
Except as listed or described on Schedule 5.9.3, the Owned Tangible Personal Property and the Leased Tangible Personal Property listed on Schedules 5.9.1(b) and 5.9.2(b), considered collectively and not on an item by item basis, is in good repair and operating condition, ordinary wear and tear excepted, except where failure to be in such condition would not reasonably be expected to have a Material Adverse Effect.
The Company or a wholly owned Subsidiary has good title to, or a valid leasehold interest in, all Owned Tangible Personal Property and all Leased Tangible Personal Property, free and clear of any Encumbrances, other than Permitted Encumbrances.
The tangible personal property listed on Schedule 3.13-A (the "Owned Tangible Personal Property") is owned by the Company free and clear of all Encumbrances other than Permitted Encumbrances, is located at the Leased Premises, and (together with the Leased Tangible Personal Property) constitutes all of the tangible personal property used by the Company in connection with the Business.
Except as listed or described on Schedule 5.9.2(a), Alpart has, or the partners of Alpart as tenants in common for the use and benefit of Alpart have, a valid leasehold interest in or valid rights to the material tangible personal property that is leased to or otherwise used by Alpart, other than the Owned Tangible Personal Property, in connection with the conduct of the Business (the “Leased Tangible Personal Property”) in accordance with the terms of the applicable contract.
Except as set forth on Schedule 4.11 of the Company Disclosure Schedules, the Owned Tangible Personal Property is free and clear of any Encumbrances (other than Permitted Encumbrances).