Effectiveness of Leases. All leases of Real Property are currently in full force and effect and are valid and enforceable in accordance with their respective terms under all applicable laws. Seller is in compliance with all of the material requirements and obligations under all such leases. There is no assertion or claim pending, or to the best of Seller's knowledge threatened, by any party that Seller is in default or otherwise not in compliance with all such leases.
Appears in 3 contracts
Samples: Asset Purchase Agreement (Northland Cable Properties Five LTD Partnership), Asset Purchase Agreement (Northland Cable Properties Six LTD Partnership), Asset Purchase Agreement (Northland Cable Properties Five LTD Partnership)
Effectiveness of Leases. All leases of Real Property are currently in full force and effect and are valid and enforceable in accordance with their respective terms under all applicable laws. Seller is in compliance with all of the material requirements and obligations under all such leases. There , and there is no pending assertion or claim pending, or to the best of Seller's knowledge threatened, by any party that Seller is in default or otherwise not in compliance with all such leases. Except as disclosed in Schedule 5.5.3, each lease of Real Property has been duly recorded in the records of the appropriate governmental authority.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Northland Cable Properties Four LTD Partnership), Asset Purchase Agreement (Northland Cable Properties Seven Limited Partnership)
Effectiveness of Leases. All To Seller's Knowledge, all leases of Real Property are currently in full force and effect and are valid and enforceable in accordance with their respective terms under all applicable laws. Seller is in compliance with all of the material requirements and obligations under all such leases. There , and there is no pending assertion or claim pending, or to the best of Seller's knowledge threatened, by any party that Seller is in default or otherwise not in compliance with all such leases.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Northland Cable Properties Eight Limited Partnership), Asset Purchase Agreement (Northland Cable Properties Seven Limited Partnership)
