Real Property Owned or Leased. A list and legal description of any real property (together with any improvements thereon) leased to or by the Company or in which Company has any interest, is set forth at Schedule 4.08 hereto. All such leased real property is held subject to written leases or other agreements which are valid and effective in accordance with their respective terms, and there are no existing defaults or events of default, or events which, with notice or lapse of time or both, would constitute defaults, thereunder on the part of the Company, except for such defaults, if any, which are not material (including, without limitation, “Material”) in character, amount or extent and do not, severally or in the aggregate, materially detract from the value or interfere with the present use of the property subject to such lease or affect the validity, enforceability or assignability of such lease or otherwise materially impair the Business of the Company. Neither the Company nor the Seller has any Knowledge of any default or claimed or purported or alleged default or state of facts which, with notice or lapse of time or both, would constitute a material default on the part of any other party in the performance of any obligation to be performed or paid by such other party under any lease referred to in, or submitted as a part of, Schedule 4.08 hereto. Except as set forth in Schedule 4.14 hereto, the transfer of the Shares and the consummation of the Transaction contemplated by this SPA will in no way affect the continuation, validity and effectiveness of any such lease or require the Consent of any third party under any such lease. The Company has furnished to the Buyer true and correct copies of all leases, deeds, title reports and legal descriptions of the real property referred to or set forth at Schedule 4.08 hereto.
Real Property Owned or Leased. (a) Other than real property acquired through foreclosure or deed in lieu of foreclosure, Schedule 3.6(a) contains a true, correct and complete list of all real property owned or leased by GNB and GNB Bank (the “GNB Real Property”). True and complete copies of all of its deeds, leases and title insurance policies for, or other documentation evidencing ownership of, the properties referred to in Schedule 3.6(a) and all mortgages, deeds of trust and security agreements to which such property is subject have been furnished or made available to Texas United.
Real Property Owned or Leased. (a) Other than real property acquired through foreclosure or deed in lieu of foreclosure, Schedule 2.8(a) contains a true, correct and complete list of all real property owned or leased by State Bank (the "Bank Real Property"). True and complete copies of all deeds, leases and title insurance policies for, or other documentation evidencing ownership of, the properties referred to in Schedule 2.8(a) and all mortgages, deeds of trust and security agreements to which such property is subject have been furnished or made available to Bancshares.
Real Property Owned or Leased. (a) A list and description of all real property leased to the Company or any of its Subsidiaries is set forth on Schedule 3.09 hereto (the “Real Property”). Neither the Company nor any of its Subsidiaries owns any real property. All such leased Real Property is held subject to written leases or other agreements which are valid and effective in accordance with their respective terms, and there are no existing defaults or events of default, or events which with notice or lapse of time or both would constitute defaults, thereunder on the part of the Company (or its relevant Subsidiary). True and complete copies of all such leases, together with any amendments thereto, have been made available to the Purchaser. To the knowledge of the Company, there is no default or claimed or purported or alleged default or state of facts which with notice or lapse of time or both would constitute a default on the part of any other party in the performance of any obligation to be performed or paid by such other party under any lease referred to on Schedule 3.09 hereto. Neither the Company, any of its Subsidiaries nor any of the Stockholders has received any written or oral notice to the effect that any lease will not be renewed at the termination of the term thereof or that any such lease will be renewed only at a substantially higher rent.
Real Property Owned or Leased. The Company does not own any real property. Except as set forth in Section 2.8 of the Company Disclosure Schedule, the Company enjoys peaceful and undisturbed possession under all leases under which it is the lessee, and all said leases are valid and subsisting and in full force and effect, except with respect to Permitted Liens, or as could not reasonably be expected to have a Company Material Adverse Effect.
Real Property Owned or Leased. Neither the Company nor any ----------------------------- Company Subsidiary owns any real property. A list of all real property leased by the Company and each Company Subsidiary is set forth in Section 3.8 of the Company Disclosure Schedule. Except as set forth in Section 3.8 of the Company Disclosure Schedule, all such leased real property is held subject to written leases under which neither the Company nor any Company Subsidiary has received a written notice of any existing defaults or events of default or events which with notice or lapse of time or both would constitute defaults on the part of the Company or any Company Subsidiary, except for any such default which would not have, individually or in the aggregate, a Company Material Adverse Effect.
Real Property Owned or Leased. The Company does not own any real property. A list and description of all real property leased to or by the Company or in which the Company has any interest is set forth in the Company Disclosure Schedule ("Company Premises"). All leased real property is held subject to written leases or other agreements which are valid and effective in accordance with their respective terms, and, to the best knowledge of the Company, except for "Immaterial Defaults" (as defined below) there are no existing defaults or events of default, or events which with notice or lapse of time or both would constitute defaults, other than Immaterial Defaults, thereunder on the part of the Company. For purposes of this Agreement, Immaterial Defaults are defaults which do not, individually or in the aggregate, cause the Company to fail to comply in all material respects with the terms and conditions of the applicable lease, contract, agreement or instrument. All rent and other charges due and owing by the Company under any lease has been paid in full and there are no disputes or claims between the Company and any other party to any lease. No construction, improvements, or alterations are in process, under construction or planned at any Company Premises, other than the movement of partitions and similar activities in connection with the relocation of Company personnel. The Company has no knowledge of any material default or claimed or purported or alleged material default or state of facts which with notice or lapse of time or both would constitute a material default on the part of any other party in the performance of any obligation to be performed or paid by such other party under any lease referred to in the Company Disclosure Schedule. The Company has not received any written or oral notice to the effect that any lease will not be renewed at the termination of the term thereof or that any such lease will be renewed only at a substantially higher rent. All structural, mechanical and other physical systems, including but not limited to heating, ventilating, air conditioning, plumbing, electrical, mechanical, sewer and drainage systems at Company Premises are in good operating condition and repair. All water, sewer, gas, electric, telephone, drainage and other utilities required for use and operation of the Company Premises are connected to municipal or public utility services and are fully operable and adequate to service the operation of the business of the Company at the Company Prem...
Real Property Owned or Leased. (a) None of the Companies owns any real property. SCHEDULE 5.11(A) ---------------- contains a list of all real property leased by the Companies and their subsidiaries (the "Leased Property"), true, correct and complete copies of all --------------- of which leases have been delivered to the Buyer prior to the date hereof. The Leased Property constitutes all real property used or occupied by the Companies and their subsidiaries in connection with the Business.
Real Property Owned or Leased. (a) Other than real property acquired through foreclosure or deed in lieu of foreclosure, Schedule 3.8(a) contains a true, correct and complete list of all real property owned or leased by the Company or each of the Banks (the “Company Real Property”). True and complete copies of all deeds and leases for, or other documentation evidencing ownership of or a leasehold interest in, the properties referred to in Schedule 3.8(a), title insurance policies for the real property owned referred to in Schedule 3.8(a), and all mortgages, deeds of trust and security agreements to which such property is subject have been or will be furnished or made available to Prosperity.
Real Property Owned or Leased. SCHEDULE 2.08 contains a list of all real estate owned or
