Assets; Inventory. (a) Except as set forth on Schedule 3.11, the Company and each Subsidiary has good title to all of its properties, or has possession of all leased properties, necessary for operation of the business of the Company as presently conducted, including all of the assets reflected on the Interim Balance Sheet (but excluding any Real Estate, as to which Section 3.12 applies), free and clear of any Lien, except for:
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Heritage Propane Partners L P), Agreement and Plan of Merger (Heritage Propane Partners L P), Stock Purchase Agreement (Heritage Propane Partners L P)
Assets; Inventory. (a) Except as set forth on Schedule 3.11, the Company and each Subsidiary has good title to all of its propertiesthe Assets purported to be owned by it, or has possession of all leased propertiesproperties included in the Assets, necessary for operation of the business Business of the Company as presently conducted, including all of the assets Assets reflected on the Interim Balance Sheet (but excluding any Real Estate, as to which Section 3.12 applies), free and clear of any Lien, except for:
Appears in 2 contracts
Samples: Asset Purchase Agreement (Heritage Propane Partners L P), Asset Purchase Agreement (Heritage Propane Partners L P)
Assets; Inventory. (a) Except as set forth on Schedule 3.11, the Company and each Subsidiary has good title to all of its properties, or has possession of all leased properties, necessary for operation of the business of the Company as presently conducted, including all of the assets reflected on the Interim Balance Sheet (but -12- 18 excluding any Real Estate, as to which Section 3.12 applies), free and clear of any Lien, except for:
Appears in 1 contract
Samples: Stock Purchase Agreement (Heritage Propane Partners L P)
