Assets and Charges Sample Clauses

Assets and Charges. (a) The members of the Group are the owners legally and beneficially of, and have good title to, all of the material Business Assets free from any Encumbrance or any third party claim and all such assets are within the control or possession of the Group.
AutoNDA by SimpleDocs
Assets and Charges. (1) Except for current assets disposed of by the Company in the ordinary course of its business the Company is the legal and beneficial owner of and has good title to all assets included in the Audited Accounts and all assets which have been acquired by the Company since the Balance Sheet Date and no such asset nor any of the undertaking goodwill or uncalled capital of the Company is subject to any encumbrance or any agreement or commitment to give or create any encumbrance.
Assets and Charges. 7.1 The Company has stock and assets as set out in the Accounts.
Assets and Charges. 10.1.1 Except for current assets disposed of by the Company in the ordinary course of its business, the Company is the owner legally and beneficially of and has good marketable title to all tangible assets included in the Audited Accounts and all tangible assets which have been acquired by the Company since the Balance Sheet Date and no Encumbrance is outstanding nor is there any agreement or commitment to give or create or allow any Encumbrance over or in respect of the whole or any part of the Company’s assets, undertaking, goodwill or uncalled capital and no claim has been made by any person that he is entitled to any such Encumbrance.
Assets and Charges. (a) Except for current assets disposed of by OMAR in the ordinary course of its business, OMAR is the legal and beneficial owner of, and has good marketable title to all assets which have been acquired by OMAR since the Balance Sheet Date and no Encumbrance is outstanding nor is there any agreement or commitment to give or create or allow any Encumbrance over or in respect of the whole or any part of OMAR’s assets, undertaking, goodwill or uncalled capital and no claim has been made by any person that he is entitled to any such Encumbrance.
Assets and Charges. 6.1.1 The Company owns free from any Encumbrance all assets included in the Accounts or acquired by the Company since the Accounts Date except for current assets subsequently disposed of by the Company in the ordinary course of its business, the Property and stock which is the subject of retention of title terms contained in standard terms of trading imposed by suppliers in the ordinary course of their business and owns free from any Encumbrance any other asset used by it.
Assets and Charges. (i) Save as disclosed in connection with the Guizhou Puxin Claims, all assets of the Company which are included in the Management Accounts or have otherwise been represented as being the property of the Company or which were at the Management Accounts Date used or held for the purposes of its business were at the Management Accounts Date in the absolute legal and beneficial ownership of the Company free from all Encumbrances and (except assets disposed of or realised by the Company in the ordinary course of business) the Company is the absolute legal and beneficial owner of and has good and marketable title to all such assets and all such assets are in the possession and control of the Company, except as disclosed in the Management Accounts, the Completion Accounts or this Agreement.
AutoNDA by SimpleDocs
Assets and Charges. 1. Except for assets disposed of in the ordinary course of business the Company is the owner of and has good marketable legal and beneficial title to all assets included in the Accounts and all assets which have been acquired by the Company since the Balance Sheet Date.
Assets and Charges. F1.1 The Company owns all assets included in the Accounts and all assets acquired by the Company since the Accounts Date except for current assets subsequently disposed of by the Company in the ordinary course of its business, the Property and assets which are the subject of hire-purchase, lease or contract hire agreements or the subject of retention of title terms, liens, or other similar third party rights contained in standard terms of trading imposed by suppliers in the ordinary course of their business.
Assets and Charges. (i) All assets of the Company which are included in the Management Accounts or have otherwise been represented as being the property of the Company or which were at the Management Accounts Date used or held for the purposes of its business were at the Management Accounts Date in the absolute legal and beneficial ownership of the Company free from all Encumbrances and (except assets disposed of or realised by the Company in the ordinary course of business) the Company is the absolute legal and beneficial owner of and has good and marketable title to all such assets and all such assets are in the possession and control of the Company, except as disclosed in the Management Accounts, the Completion Accounts or this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!