Title to Property and Assets definition

Title to Property and Assets. Except as set forth in SCHEDULE 6.21, the Company owns its property and assets which is material to the business of the Company free and clear of all mortgages, liens, loans and other encumbrances, except such encumbrances which arise in the ordinary course of business and do not materially impair the Company's ownership or use of such property or assets. With respect to the property and assets it leases or licenses, the Company is in compliance with all applicable lease or license agreements, except where failure to be in compliance would not result in a material adverse effect on the Company, taken as a whole. To the Company's knowledge, all of the material property and assets used by the Company in the operation of its business are in good operating condition and are in the state of good repair and maintenance, subject to normal wear and tear.
Sample 1

Examples of Title to Property and Assets in a sentence

  • Except as provided in Section 5 herein or as set forth on Section 3(m) of the Disclosure Letter, the Company is not currently subject to any agreement providing any person or entity any rights (including piggyback registration rights) to have any securities of the Company registered with the SEC or registered or qualified with any other governmental authority.(n) Title to Property and Assets.

  • Title to Property and Assets.....................................

  • Title to Property and Assets...................................................................

  • Title to Property and Assets....................................................................

  • Schedule 7(b) Capitalization Schedule 7(c) Effective Agreement Schedule 7(d) Consents Schedule 7(e) Title to Property and Assets Schedule 7(f) Leases and Licensing Agreements Schedule 7(g) Agreements, Etc.

  • Title to Property and Assets; Leases............................................................6 l.

  • SCHEDULE 3.18 Title to Property and Assets GigaBeam has granted Agilent Financial Services, Inc.

  • The Company has not received any communications alleging that the Company has violated or, by conducting its business presently conducted violates or will violate any intellectual property rights of any other person or entity.2.10 Title to Property and Assets.

  • Title to Property and Assets..............................................

  • Title to Property and Assets..............................................................

Related to Title to Property and Assets

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Intangible Property shall have the meaning given to such term in Section 2.1(c) hereof.

  • Damage to Property means physical injury to or destruction of tangible property, including the loss of its use. Tangible property includes the cost of recreating or replacing stocks, bonds, deeds, mortgages, bank deposits and similar instruments, but does not include the value represented by such instruments.

  • Leased Intangible Property means all Intangible Property (as defined in the Purchase and Sale Agreement) acquired by Landlord with respect to the Leased Property pursuant to the Purchase Agreement.

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Owned Properties has the meaning set forth in Section 3.16.

  • Leaseholds of any Person shall mean all the right, title and interest of such Person as lessee or licensee in, to and under leases or licenses of land, improvements and/or fixtures.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • Tangible Property means any furniture, fixtures, leasehold improvements, vehicles, office equipment, computer equipment, other equipment, machinery, tools, forms, supplies or other tangible personal property of any nature.

  • Owned Property has the meaning set forth in Section 4.10(a).

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Real Property Leases means all leases, sub-leases, licenses or other agreements, in each case, pursuant to which any Group Company leases or sub-leases any real property.

  • Property Agreements means all agreements, grants of easements and/or rights-of-way, reciprocal easement agreements, permits, declarations of covenants, conditions and restrictions, disposition and development agreements, planned unit development agreements, parking agreements, party wall agreements or other instruments affecting the Property, including, without limitation any agreements with Pad Owners, but not including any brokerage agreements, management agreements, service contracts, Space Leases or the Loan Documents.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Company Intellectual Property Assets means the Intellectual Property Assets used or owned by the Company or any of its subsidiaries.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Real Property Assets means as to any Person as of any time, the real property assets (including interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Company Leased Real Property has the meaning set forth in Section 3.14(b).

  • Seller Intellectual Property means the Seller Owned Intellectual Property and the Seller Licensed Intellectual Property.

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Transferred Real Property means (a) the Transferred Owned Real Property and (b) the premises that is subject to the Transferred Real Property Leases.

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.