Common use of Title to Properties and Assets Clause in Contracts

Title to Properties and Assets. The Company has good and marketable title to all respective properties and assets reflected on its account books, in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind. With respect to the property and assets it leases, the Company and the lessor are in compliance with such leases and the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.

Appears in 2 contracts

Samples: Equity Interests Transfer Agreement (Omnivision Technologies Inc), Investment Agreement (Omnivision Technologies Inc)

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Title to Properties and Assets. The Company has good and marketable title to all respective its properties and assets, including without limitation, the intellectual property right and trade secretes and that property used or located on property controlled by the Company in its business (except assets reflected on its account bookssold in the ordinary course of business), in each case subject to no mortgage, pledge, lien, charge, security interest, encumbrance, security interest or charge of any kind. With respect to restriction except those which do not materially adversely affect the property and assets it leases, the Company and the lessor are in compliance with such leases and the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assetsuse thereof.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Navidec Financial Services, Inc.), Stock Purchase Agreement (Navidec Financial Services, Inc.)

Title to Properties and Assets. The Company has good and marketable title to all respective its properties and assets reflected on its account books, held in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind, except such mortgage, pledge, lien, encumbrance, security interest or charge that arises in the ordinary course of business and does not materially impair the Company's ownership or use of such property. With respect to the property and assets it leases, the Company and the lessor are is in compliance with such leases and and, to the Company holds valid leasehold interests in such assets free of any liensCompany's knowledge, encumbrances, security interests or claims of any party other than the lessors of such property and assets.the

Appears in 1 contract

Samples: Series D Preferred Stock Purchase Agreement (Accelerated Networks Inc)

Title to Properties and Assets. The Company has good and marketable ------------------------------ title to all respective its properties and assets reflected on its account books, held in each case subject to no mortgage, pledge, lienLien, encumbrance, security interest or charge of any kind. With respect to the property and assets it leases, the Company and the lessor are is in compliance with such leases and and, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.

Appears in 1 contract

Samples: Loan Agreement (Hawker Pacific Aerospace)

Title to Properties and Assets. The Company has good and marketable title to all respective its properties and assets reflected on its account books, held in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind. With respect to the property and assets it leases, the Company and the lessor are is in compliance with such leases and and, to the best of the Company's knowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Virtual Mortgage Network Inc)

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Title to Properties and Assets. The Company has good and marketable title to all respective its properties and assets reflected on its account books, held in each case subject to no mortgage, pledge, lienLien, encumbrance, security interest or charge of any kind. With respect to the property and assets it leases, the Company and the lessor are is in compliance with such leases and and, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.

Appears in 1 contract

Samples: Loan Agreement (Lluffhansa Technik Ag)

Title to Properties and Assets. The Company has good and marketable ------------------------------ title to all respective its properties and assets reflected on its account books, held in each case subject to no mortgage, pledge, lienLien, encumbrance, security interest or charge of any kind. With respect to the property and assets it leases, the Company and the lessor are is in compliance with such leases and and, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets. 4.13.

Appears in 1 contract

Samples: Loan Agreement

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