Material Assets Sample Clauses

Material Assets. The financial statements of the Acquiror Company set forth in the SEC Documents reflect the material properties and assets (real and personal) owned or leased by the Acquiror Company.
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Material Assets. (A) Sell, assign, abandon, lease, exclusively license or otherwise dispose of any material assets or properties of the Company or any of its Subsidiaries, other than inventory or obsolete equipment in the Ordinary Course of Business, or (B) subject any material assets or properties of the Company or any of its Subsidiaries to any new Lien (other than any Permitted Liens);
Material Assets. Except such as are disclosed in the Registration Statement, the Pricing Disclosure Package and the Prospectus, as of the Closing Date, the Company and the Subsidiaries will possess, or have the right to use, all of the material assets, tangible and intangible, that they require to conduct their respective businesses as presently conducted, and there are no material assets reasonably necessary for the conduct of their businesses as presently conducted that will not be transferred, licensed or leased to them as of the Closing Date;
Material Assets. The Corporation is the legal and beneficial owner of, and has good and marketable right, title and interest in and to the material assets of the Corporation reflected in the Corporation’s Information Record as currently being owned by the Corporation, free and clear of all Liens (except as otherwise disclosed in the Corporation’s Information Record). The Corporation is the legal and beneficial owner of, and has good and marketable right, title and interest in and to the Saskatchewan Projects, and the Corporation’s ownership interest in the Mining Claims is as will be set forth in the Title Opinion. Any and all Contracts pursuant to which the Corporation holds material assets or is entitled to the use of or acquire ownership of material assets (whether directly or indirectly) (including in respect of the Saskatchewan Projects, subject to the qualifications to be provided in the Title Opinion) are valid and subsisting agreements in full force and effect, enforceable in accordance with their respective terms (subject to the Enforceability Qualifications), and there is currently no material default of any of the provisions of any such agreements nor has any such default been alleged, and the Corporation is not aware of any disputes with respect thereto and such assets are in good standing under the applicable Laws of the jurisdictions in which they are situate, and all leases, licences, concessions, mineral rights and claims pursuant to which the Corporation derives its interests (whether legal or beneficial) in such material assets (and, to the Corporation’s knowledge, all leases, licenses, concessions, and claims pursuant to which the Corporation derives its interests (whether legal or beneficial) in the Saskatchewan Projects) are in good standing (subject to the qualifications to be provided in the Title Opinion) and there has been no material default under any such leases, licences, concessions, and claims of the Corporation and all taxes required to be paid by the Corporation with respect to such assets to the date hereof have been paid.
Material Assets. The financial statements of the Acquiror Company reflect the material properties and assets (real and personal) owned or leased by the Acquiror Company.
Material Assets. There shall occur any material damage to, or loss, theft or destruction of, any material assets of any Loan Party or any Subsidiary of a Loan Party or any strike, lockout, labor dispute, embargo, condemnation, act of God or public enemy, or other casualty, or any order or injunction of any court or any administrative or regulatory agency which in any such case causes, for more than ten (10) consecutive days, the cessation or substantial curtailment of revenue producing activities of the Loan Parties, taken as a whole, if such event or circumstance is not covered by business interruption insurance and could reasonably be expected to have a Material Adverse Effect.
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Material Assets. The financial statements of Company reflect the material properties and assets (real and personal) owned or leased by them.
Material Assets. The financial statements of the Subsidiaries set forth in the GCI Cayman Financial Statements reflect the material properties and assets (real and personal) owned or leased by each of the Subsidiaries.
Material Assets. The Company Audited Financial Statements reflect, the material properties and assets (real and personal) owned or leased by each Acquired Company and necessary for the conduct of its business as presently conducted, and include all of the operating assets of the Acquired Companies. The Acquired Companies have, and will continue to have upon consummation of the transaction contemplated by this Agreement, good and marketable title to, or a valid leasehold interest in, such properties and assets, free and clear of all Liens, other than Permitted Liens. Such properties and assets are sufficient for the continued conduct of the Acquired Companies' businesses after the Closing in substantially the same manner as conducted prior to the Closing. No Person other than the Acquiror has any contract, right or option to purchase or acquire any of such properties or assets from the Acquired Companies. No Affiliate of any Acquired Company or the Shareholders owns or otherwise has any interest in or right to use any properties or assets used or held for use in, or otherwise arising from or relating to, the business of the Acquired Companies.
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