TITLE TO ASSETS. The Borrower has good and marketable title to all of its assets (including, but not limited to, the Collateral) and the same are not subject to any security interest, encumbrance, lien or claim of any third person except for Permitted Liens.
TITLE TO ASSETS except for assets which are leased, it is the beneficial owner free from all encumbrances (other than Permitted Encumbrances) of all its other assets including, without limitation, the assets reflected on the most recent Financial Statements delivered to the Agent, except as disposed of since the date thereof in the ordinary course of trading;
TITLE TO ASSETS each Obligor is the legal and beneficial owner of --------------- and has good and marketable title to its assets free and clear of any Encumbrance other than Permitted Encumbrances;
Examples of TITLE TO ASSETS in a sentence
The research facility within the campus included well equipped laboratory with necessary instrumentation, chemicals, extra space within the laboratory for research activity, water facility, electricity and research journals, reference books, text books, internet facility, basic chemicals, with technical support.
TITLE TO ASSETS; ENCUMBRANCESSellers own good and transferable title to all of the Assets free and clear of any Encumbrances other than those described in Schedule 3.7. Sellers warrant to Buyer that, at the time of Closing, all Assets shall be free and clear of all such Encumbrances other than those identified on Schedule 3.7 (“Permitted Encumbrances”).
TITLE TO ASSETS, PROPERTIES AND RIGHTS AND RELATED MATTERS..........
TITLE TO ASSETS No person or entity shall have any legal or equitable right or interest in the contributions made by any Participating Company, or otherwise received into the Fund, or in any assets of the Fund, except as expressly provided in the Plan.
SCHEDULE 3.1(i) MATERIAL CHANGES; UNDISCLOSED EVENTS, LIABILITIES OR DEVELOPMENTS SCHEDULE 3.1(n) TITLE TO ASSETS New Jersey Economic Development Authority ("NJEDA"), and The Bank of New York, as Indenture Trustee have security interests in the following assets of Elite Pharmaceuticals, Inc.
More Definitions of TITLE TO ASSETS
TITLE TO ASSETS. NeoGene has good and marketable title in fee simple to all of its real and personal assets that it purports to own, free and clear of all mortgages, liens, loans and encumbrances, except such encumbrances and liens which arise in the ordinary course of business and do not individually or in the aggregate materially impair NeoGene's ownership or use of such assets. With respect to the assets it leases, NeoGene is in material compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances.
TITLE TO ASSETS. Seller has good and marketable title to all of the Assets and interests in Assets, whether personal, tangible, and intangible, which constitute all the Assets and interests in assets that are used in the business of Seller to be sold pursuant to this Agreement. All the Assets are free and clear of mortgages, liens, pledges, charges, encumbrances, equities, claims, easements, rights of way, covenants, conditions, or restrictions, EXCEPT (i) the lien of current taxes not yet due and payable; and (ii) possible minor matters that, in the aggregate, are not substantial in amount and do not materially detract from or interfere with the present or intended use of any of the Assets, nor materially impair business operations. All tangible personal property of Seller is in good operating condition and repair, ordinary wear and tear excepted. Except as set forth on the appropriate SCHEDULE listing such Assets, 50 neither any officer, nor any director or employee of Seller, nor any spouse, child or other relative of any of these persons, owns, or has any interest, directly or indirectly, in any of the personal property owned by or leased to Seller or any copyrights, patents, trademarks, trade names or trade secrets licensed by Seller for use in the business to be sold pursuant to this Agreement. Seller does not occupy any real property in violation of any law, regulation or decree.
TITLE TO ASSETS. Except as set forth on Schedule 2.1(k) hereto, --------------- --------------- each of the Company and the subsidiaries has good and marketable title to all of its real and personal property, free of any mortgages, pledges, charges, liens, security interests or other encumbrances, except for those such that, individually or in the aggregate, do not cause a Material Adverse Effect on the Company's financial condition or operating results. All said leases of the Company and each of its subsidiaries are valid and subsisting and in full force and effect.
TITLE TO ASSETS. Except as set forth in Schedule 3.05 hereto, Xxxxxxxxx has good title to all of the Assets, free and clear of all liabilities, mortgages, conditional sales agreements, security interests, leases, liens, pledges, encumbrances, restrictions, charges, claims or imperfections of title whatsoever (other than the Permitted Encumbrances). True, correct and complete copies of each document or instrument relating to any such imperfection of title have been hereto delivered to Monro.
TITLE TO ASSETS. Seller has good and marketable title to all their respective assets and interests in assets, whether tangible or intangible, that are listed as part of Exhibit "A" to this agreement. All Assets transferred to the Buyer under this agreement are free and clear of restrictions on or conditions to transfer or assignment, and of mortgages, liens, leases, pledges, charges, encumbrances, equities, claims, covenants, conditions, or restrictions. No Shareholders, officers, directors, or employees of the Seller; or any spouse, child or other relative of any of these persons, owns, or has any interest, directly or indirectly, in any of the personal property owned and offered for sale to Buyer by Seller. Seller does not maintain ownership or possession of any Asset to be part of this sales agreement in violation of any law, regulation, or decree.
TITLE TO ASSETS. Seller warrants that as of the Closing Epicurean has good, marketable unencumbered title to the Assets referred to herein free and clear of all liens, claims and encumbrances.
TITLE TO ASSETS. Leased Equipment: Phone System Copiers (2) The Corporation has licenses to Third Party Software used in delivering its product from companies including BEA and Brio. On April 22, 2004 the Corporation acquired substantially all of the assets of Trimbus, Inc. ("Trimbus") Under certain circumstances, as more fully described in Section 7.2 ("Seller Option to Repurchase Assets") of the Asset Purchase Agreement dated April 22, 2004 between the Corporation, Trimbus and the Trimbus selling shareholders, Trimbus has the right to repurchase the Trimbus assets for $1.00.