Common use of Properties and Assets Clause in Contracts

Properties and Assets. The Company owns or leases all such properties and assets as are necessary to the conduct of its operations as presently conducted free and clear of all liens, charges, encumbrances and security interests of any nature or kind.

Properties and Assets. The Company owns or leases all such properties and assets as are necessary to the conduct of its operations as presently conducted conducted, free and clear of all liensany material restriction, chargesmortgage, encumbrances and deed of trust, pledge, lien, security interests of any nature interest or kindother charge, claim or encumbrance that would have a Material Adverse Effect.

Properties and Assets. The Company owns and its subsidiaries own or leases lease all such properties and assets as are necessary to the conduct of its and their operations as presently conducted conducted. Such assets which are owned by the Company are held free and clear of all liensany security interest, chargesmortgage, encumbrances and security interests pledge, lien, encumbrance, claim or equity, except as described in Section 4.18 of any nature or kindthe Schedule of Exceptions.

Properties and Assets. The Company owns and its Subsidiaries own or leases lease all such properties and assets as are necessary to the conduct of its and their operations as presently conducted conducted. Such assets which are owned by the Company are held free and clear of all liensany security interest, chargesmortgage, encumbrances and security interests of any nature pledge, lien, encumbrance, claim or kindequity.