Common use of Assets Clause in Contracts

Assets. It and each of its Subsidiaries has good title to, or valid leases or licences of or is otherwise entitled to use, all material assets required by it to carry on its business as it is being, or is proposed to be, conducted.

Appears in 14 contracts

Samples: Facilities Agreement (Xstrata PLC), Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC)

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Assets. It and each of its Subsidiaries has good and marketable title to, or valid leases or licences of of, or is otherwise entitled to useuse (in each case, on arm’s length terms), all material assets required by it to carry on necessary for the conduct of its business as it is being, or and is proposed to be, conducted.

Appears in 14 contracts

Samples: Facilities Agreement (Marine Harvest ASA), Facilities Agreement (Marine Harvest ASA), Facilities Agreement (Marine Harvest ASA)

Assets. It and each of its Subsidiaries has good and marketable title to, or valid leases or licences of of, or is otherwise entitled to useuse (in each case, on arm's length terms), all material assets required by it to carry on necessary for the conduct of its business as it is being, or and is proposed to be, conducted.

Appears in 2 contracts

Samples: Agreement (Solutia Inc), Agreement (Solutia Inc)

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Assets. It and each of its Subsidiaries has good and marketable title to, or valid leases or licences of or is otherwise entitled to useuse (in each case, on arm’s length terms), all material assets required by it to carry on necessary for the conduct of its business as it is being, or is proposed to be, conducted.

Appears in 1 contract

Samples: Facility Agreement (MediaRing LTD)

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