Leasehold Interests. Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement, and duly authorized and entered into. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the Company’s knowledge, by any other party thereto. The Company’s possession of such property has not been disturbed and, to the Company’s knowledge, no claim has been asserted against the Company adverse to its rights in such leasehold interests.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Imcor Pharmaceutical Co), Securities Purchase Agreement (Imcor Pharmaceutical Co)
Leasehold Interests. Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement, and duly authorized and entered intowithout any material default of the Company thereunder and, to the knowledge of the Company, without any default thereunder of any other party thereto. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the Company’s knowledge, by any other party theretoagreement. The Company’s 's possession of such property has not been disturbed and, to the Company’s knowledge, no nor has any claim has been asserted against the Company adverse to its rights in such leasehold interests.
Appears in 2 contracts
Samples: Series B Convertible Preferred Stock Purchase Agreement (New Era of Networks Inc), Series C Convertible Preferred Stock Purchase Agreement (New Era of Networks Inc)
Leasehold Interests. Each lease or agreement to which the Company is a party under which it is a lessee of any property, real or personal, ; is a valid and subsisting agreement, and duly authorized and entered into, without any default of the Company thereunder. No event has occurred and is continuing which, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the Company’s knowledge, by any other party theretoagreement. The Company’s possession of such property has not been disturbed and, to the best of the Company’s knowledgeknowledge after due inquiry, no claim has been asserted against the Company adverse to its rights in such leasehold interests.
Appears in 2 contracts
Samples: Series a Convertible Preferred Stock Purchase Agreement, Series a Convertible Preferred Stock Purchase Agreement (Poniard Pharmaceuticals, Inc.)
Leasehold Interests. Each lease or agreement to which the Company ------------------- is a party under which it is a lessee of any property, real or personal, is a valid and subsisting agreement, and duly authorized and entered intobinding upon the Company, without any default of the Company thereunder. No event has occurred and is continuing whichthat, with due notice or lapse of time or both, would constitute a default or event of default by the Company under any such lease or agreement or, to the Company’s knowledge, by any other party theretoagreement. The Company’s 's possession of such property has not been disturbed and, to the Company’s 's knowledge, no claim has been asserted against the Company adverse to its rights in such leasehold interests.
Appears in 2 contracts
Samples: Securities Exchange and Purchase Agreement (Fresh America Corp), Securities Exchange and Purchase Agreement (Fresh America Corp)
