Common use of Good title to assets Clause in Contracts

Good title to assets. The Company is the sole and unconditional owner of, and has good and marketable title, free and clear of any Liens, to the properties and assets used by it, located on its premises, or shown in the most recent financial statements. The properties and assets owned by the Company as of the Closing Date shall permit the Company to continue and carry on business and operations in the ordinary course of business.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Nelnet Inc), Stock Purchase Agreement (Nelnet Inc)

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Good title to assets. The Company is the sole and unconditional owner of, and has good and marketable titletitle to, or a valid leasehold interest in, free and clear of any LiensLiens (other than Liens specifically described in the Company's most recent financial statements), to the properties and assets used by it, located on its premises, or shown in the most recent financial statements. The properties and assets owned by the Company as of the Closing Date shall permit the Company to continue and carry on business and operations in the ordinary course Ordinary Course of businessBusiness.

Appears in 1 contract

Samples: Master Stock Purchase Agreement (Nelnet Inc)

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Good title to assets. The Company is the sole and unconditional owner of, and has good and marketable title, free and clear of any Liens, to the properties and assets used by it, located on its premises, or shown in the most recent financial statements. The properties and assets owned by the Company as of the Closing Date shall permit the Company to continue and carry on business and operations in the ordinary course of business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Nelnet Inc)

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