Common use of Leasehold Interests Clause in Contracts

Leasehold Interests. Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement without any default of the Company thereunder and, to the best of the Company's knowledge, without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledge, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 7 contracts

Samples: Convertible Preferred Stock and Warrant Purchase Agreement (Medical Sterilization Inc), Common Stock Purchase Agreement (Transeastern Properties Inc), Shareholders Agreement (Transeastern Properties Inc)

AutoNDA by SimpleDocs

Leasehold Interests. Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement agreement, duly authorized and entered into, without any default of the Company thereunder and, to the best of the Company's knowledge, without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledgeknowledge after due inquiry, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 6 contracts

Samples: Securities Purchase Agreement (Medplus Inc /Oh/), Preferred Stock Purchase Agreement (Careerbuilder Inc), Preferred Stock Purchase Agreement (Careerbuilder Inc)

Leasehold Interests. Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement agreement, duly authorized and entered into, without any default of the Company thereunder and, to the best of the Company's knowledge, without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledge, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 3 contracts

Samples: Purchase Agreement (Starmedia Network Inc), Convertible Preferred Stock Purchase Agreement (Starmedia Network Inc), Registration Rights Agreement (Photogen Technologies Inc)

Leasehold Interests. Each lease or agreement to which the ------------------- Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement agreement, duly authorized and entered into, without any default of the Company thereunder and, to the best of the Company's knowledge, without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledgeknowledge after due inquiry, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 3 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Adolor Corp), Convertible Preferred Stock Purchase Agreement (Adolor Corp), Occupational Health & Rehabilitation Inc

Leasehold Interests. Each lease or agreement to which the ------------------- Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement agreement, duly authorized and entered into, without any default of the Company thereunder and, to the best of the Company's knowledge, without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledgeknowledge after due inquiry, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 2 contracts

Samples: Purchase Agreement (CCBN Com), Purchase Agreement (CCBN Com)

Leasehold Interests. Each lease or agreement to which the ------------------- Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement of the Company, duly authorized and entered into by the Company, without any default of the Company thereunder and, to the best of the Company's knowledge, without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledgeknowledge after due inquiry, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 2 contracts

Samples: Convertible Preferred Stock Purchase Agreement (Peritus Software Services Inc), Convertible Preferred Stock Purchase Agreement (Peritus Software Services Inc)

Leasehold Interests. Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement without any material default of the Company thereunder and, to the best of the Company's knowledge, without any material default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement Agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledge, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 1 contract

Samples: And Warrant Purchase Agreement (Huff Alternative Income Fund Lp)

Leasehold Interests. Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement without any material default of the Company thereunder and, to the best of the Company's knowledge, without any material default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a material default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledge, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 1 contract

Samples: Securities Purchase Agreement (Ben Abraham Technologies Inc)

Leasehold Interests. Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, is a valid valid, subsisting and subsisting agreement enforceable agreement, duly authorized and entered into, without any material default of the Company thereunder and, to the best of the Company's knowledge, without any material default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledge, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 1 contract

Samples: Loan and Stock Warrant Agreement (Chemokine Therapeutics Corp)

AutoNDA by SimpleDocs

Leasehold Interests. Each lease or agreement to which the Company is a -------------------- party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement without any default of the Company thereunder and, to the best of the Company's knowledge, without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledge, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Satellink Communications Inc)

Leasehold Interests. Each agreement and lease or agreement to which the Company is a party Party or under which it is a lessee of any property, real or personal, is listed in the Company Schedule and is a valid and subsisting agreement without any material default of the Company thereunder and, and to the best knowledge of the Company's knowledge, Company without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a material default or event of default by the Company under any such lease or agreement or, to the best knowledge of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledge, and no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Heartland Technology Inc)

Leasehold Interests. Each lease or agreement to which the ------------------- Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement without any current default of the Company thereunder and, to the best of the Company's knowledge, without any current default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledgeknowledge the Company has a valid leasehold interest in such property free of any liens, claims or encumbrances and no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Unifi Communications Inc)

Leasehold Interests. Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement without any material default of the Company thereunder and, to the best of the Company's knowledge, without any material default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best of the Company's knowledge, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledge, no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 1 contract

Samples: Agreement (Roadhouse Grill)

Leasehold Interests. Each lease or agreement agreement, as each may be amended as of the date hereof, to which the Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement agreement, duly authorized and entered into, without any default of the Company thereunder and, to the best knowledge of the Company's knowledgeSellers, without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the best knowledge of the Company's knowledgeSellers, by any other party thereto. The Company's possession of such property has not been disturbed and, to the best of the Company's knowledge, and no claim has been asserted against the Company adverse to its rights in such leasehold interests.

Appears in 1 contract

Samples: Stock Purchase Agreement (Interactive Intelligence Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.