Common use of Assets Other than Real Property Interests Clause in Contracts

Assets Other than Real Property Interests. (a) Satlynx has good and valid title to, a valid leasehold interest in, or a valid right of use for all the material assets reflected on the latest Satlynx Balance Sheet or thereafter acquired other than those disposed of since the date of the latest Satlynx Balance Sheet in the Ordinary Course of Business, in each case free and clear of all Encumbrances other than Permitted Encumbrances.