Common use of Assets and Charges Clause in Contracts

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. 10.1.1 (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 encumbrance is outstanding (other than liens arising by operation of law) nor is there any agreement or commitment to give or create or allow any Encumbrance encumbrance over or in respect of the whole or any part of the Company’s 's assets, undertaking, goodwill or uncalled capital and no claim has been made by any person that he is entitled to any such Encumbranceencumbrance.

Assets and Charges. 10.1.1 (A) Except for current assets disposed of by the Company Group Companies in the ordinary course of its business, the each Group Company is the owner legally and beneficially of and has good marketable title to all tangible assets included in the Audited 2020 Accounts and all tangible assets which have been acquired by the Company each Group Company, respectively since the Balance Sheet Accounts 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 each Group 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. 10.1.1 (A) 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.