Common use of GOOD TITLE TO AND CONDITION OF ASSETS Clause in Contracts

GOOD TITLE TO AND CONDITION OF ASSETS. (a) Each of the Companies has good and marketable title to all of its owned Assets, free and clear of any Liens, other than Liens in the ordinary course of business and such Liens as are described on Schedule 3.16(a). For purposes of this Agreement, the term "

Appears in 2 contracts

Samples: Acquisition Agreement (Packaging Dynamics Corp), Acquisition Agreement (Packaging Dynamics Corp)

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GOOD TITLE TO AND CONDITION OF ASSETS. (a) Each of the Companies Company and each of its subsidiaries has good and marketable title to all of its owned AssetsAssets (as such term is hereinafter defined), free and clear of any Liens, Liens other than the Liens in set forth on Section 4.15 of the ordinary course of business and such Liens as are described on Schedule 3.16(a)Company Disclosure Schedule. For purposes of this Agreement, the term "β€œ

Appears in 1 contract

Samples: Agreement and Plan of Merger (Molina Healthcare Inc)

GOOD TITLE TO AND CONDITION OF ASSETS. (a) Each of the Companies Company and it subsidiaries has good and marketable title to all of its owned Assetsmaterial Assets (as such term is hereinafter defined), free and clear of any Liens, Liens other than Liens in the ordinary course of business and such Liens as are described on Schedule 3.16(a)Permitted Liens. For purposes of this Agreement, the term "β€œ

Appears in 1 contract

Samples: Agreement and Plan of Merger (North American Scientific Inc)

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GOOD TITLE TO AND CONDITION OF ASSETS. (a) Each of the Companies Company and it subsidiaries has good and marketable title to all of its owned Assetsmaterial Assets (as such term is hereinafter defined), free and clear of any Liens, Liens other than Liens in the ordinary course of business and such Liens as are described on Schedule 3.16(a)Permitted Liens. For purposes of this Agreement, the term "

Appears in 1 contract

Samples: Agreement and Plan of Merger (Friede John A)

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