Leases of Real and Personal Property. The Vendor is a party to the Leases referred to in Schedule 3.1(l) (in which is specified the parties, the date of execution and expiry date, any option to renew, the location of the leased lands, chattels or premises and the rental payments thereunder) and all interests held by the Vendor as lessee under such Leases are free and clear of any and all mortgages, security interests, charges, adverse claims, rights, pledges, demands, liens, title retention agreements and other encumbrances of any nature or kind whatsoever. Except for the Surcharge, all rental and other payments required to be paid by the Vendor pursuant to such Leases have been duly paid and the Vendor is not otherwise in default in meeting its obligations under any such Leases. There does not exist under any such Leases any right of offset or any adverse claim and the completion of the transactions contemplated by this Agreement will not afford any of the parties thereto (other than the Vendor) the right to terminate such Leases. There are no events or circumstances which could give rise to such parties claiming default by the Vendor under such Leases except as specified in Schedule 3.1(l). No consent of any parties to such Leases (other than the Vendor) is required by reason of the transactions contemplated hereby except as specified in Schedule 3.1(l) nor will such transactions impose any more onerous obligations on the Purchaser under such Leases.
Leases of Real and Personal Property. (a) The Disclosure Letter sets forth a list of (i) all leases pursuant to which Wireless Domain leases, as lessee, real property; (ii) all leases pursuant to which Wireless Domain leases, as lessor, real property; and (iii) all leases pursuant to which Wireless Domain leases, as lessee, personal property for use in its business.
Leases of Real and Personal Property i) Seller has delivered a true and complete copy of the leases for the Topsville Office and JGSL Office (including all riders, exhibits and amendments) to Buyer. If and when the originals of said documents are discovered by Seller, they will promptly be delivered to Buyer. To the extent, if any, that consent of any of the landlords of those leases is required for the continuation of those lease after the sale of the Shares, such consent has been obtained by Seller, copies thereof are annexed as SCHEDULE 4.4, and the originals thereof will be delivered to Buyer at or before Closing.
Leases of Real and Personal Property. The Seller is not a party to or bound by any leases or agreements in the nature of leases or any interest therein, either as lessor or lessee, or agreements to enter into such leases, other than the Leases referred to in Schedule 3.1(h) (in which is specified the parties, their dates of execution and expiration dates, any options to renew, the location of any leased lands, chattels or premises and the rental payments thereunder) and all interests held by the Seller as lessor or lessee under such Leases are free and clear of any and all mortgages, security interests, charges, adverse claims, rights, pledges, demands, liens, title retention agreements and other Encumbrances of any nature or kind whatsoever. All rental and other payments required to be paid by or to the Seller pursuant to such Leases have been duly paid and the Seller is not otherwise in default in meeting its obligations under any such Leases. There does not exist under any such Leases any right of offset or any adverse claim. There are no events or circumstances which could give rise to such parties claiming default by the Seller under such Leases other than may occur by virtue of the consummation of the transaction contemplated hereunder, insofar as consent to the assignment of the Lease of the Seller's Albertson, New York premises is required.
Leases of Real and Personal Property. The Vendor is not a party to or bound by any Leases or agreements in the nature of Leases or any interest therein, either as lessor or lessee, or agreements to enter into such Leases, other than those Leases referred to in Schedule 4.1(o) (in which is specified the parties, their dates of execution and expiry dates, any options to renew, the location of any leased lands, chattels or premises and the rental payments thereunder) and all interests held by the Vendor as lessor or lessee under such Leases are free and clear of any and all Liens except for the security interest held by the Vendor’s bank over all of its assets, which will be released prior to Closing in respect of the Purchased Assets. All rental and other payments required to be paid by or to the Vendor pursuant to such Leases have been duly paid and the Vendor is not otherwise in default in meeting its obligations under any such Leases nor has the Vendor received any notice of default or termination under such Leases. There does not exist under any such Leases any right of offset or any adverse Claim. To the Knowledge of the Vendor, there are no events or circumstances which could give rise to any party claiming default by the Vendor under such Leases. No consent of any parties to such Leases (other than the Vendor) is required by reason of the transactions contemplated hereby except as specified in Schedule 4.1(o) nor will such transactions impose any more onerous obligations on the Vendor under such Leases. The Vendor has not received any written notice of any non-compliance with any Applicable Law from any Governmental Authority which has not been complied with to date to such Governmental Authority’s satisfaction in connection with any of the Leased Real Property nor has the Vendor received any written notice advising of any defects in the construction, state of repair or state of completion of the Leased Real Property or directing that any alteration, repair, improvement or other work be done with respect thereto or relating to any non-compliance of any building permit, building or land use by-law. The Vendor has not given notice of default to any Landlord and, to the Knowledge of the Vendor, each of the landlords of each of the Leased Real Property is in compliance with its obligations under the Leases
Leases of Real and Personal Property. A true, correct, and complete list of all leases of real property, and leases of any personal property, to which PLAN is a party, either as lessor or lessee, is set forth in Schedule 5.06 hereto, except that leases cancelable on not more than 120 days notice or without penalty or not involving more than $2,500 annual rent (except to the extent the aggregate rent under all such leases through the date of earliest termination exceeds $10,000) may be excluded therefrom. All such leases are valid and effective in accordance with their respective terms. Seller has furnished to Buyer complete and correct copies of each such lease.
Leases of Real and Personal Property. A true, correct, and complete list and brief description of all leases of real property, and leases of any personal property, to which each Seller is a party, either as lessor or lessee, are set forth in Schedule 6.09 hereto. All such leases are valid and effective in accordance with their respective terms. Except as set forth in Schedule 6.09, the continuation, validity, and effectiveness of each such lease will in no way be affected by this Agreement or the transactions contemplated
Leases of Real and Personal Property. The Seller has heretofore delivered to the Purchaser true, correct and complete copies of the Lease and all leases for all Acquired Assets designated on Schedule 1.1 (the "Leased Assets") as being leased. All covenants and other restrictions to be performed under any of such leases have been and are being properly performed and observed and no notice of violation (or claimed violation) thereof has been threatened, received or given. The Leased Assets will be assigned to the Purchaser at Closing.
Leases of Real and Personal Property. Schedule 1.1(b) sets forth a complete and correct description of all leases of real or personal property of which Seller is the lessee or the sublessee. Except as described in Schedule 2.8, each lease is valid and subsisting and no event or condition exists that constitutes, or after notice or lapse of time or both would constitute, a default thereunder that could reasonably be expected to result in the loss of quiet enjoyment by Seller of the real or personal property that is the subject of the lease.
