Leases and Real Property. Except as disclosed on Schedule 5.17 attached hereto, no Borrower owns any real property other than fixtures that may relate to various leaseholds. All leases and other agreements under which any Borrower occupies real property are in full force and effect and constitute legal, valid and binding obligations of, and are legally enforceable against, the Borrower party thereto and, to the Borrowers’ best knowledge, are the binding obligations of and legally enforceable against, the other parties thereto. To the Borrowers’ best knowledge, all necessary Government approvals, if any, have been obtained for each such lease or agreement, and there have been no threatened cancellations thereof or outstanding disputes with respect thereto.
Leases and Real Property. Except as disclosed on Schedule 5.17 attached hereto, as of the Restatement Date, no Borrower owns any real property other than fixtures that may relate to various leaseholds. All leases and other agreements under which any Borrower occupies real property are in full force and effect and constitute legal, valid and binding obligations of, and are legally enforceable against, the Borrower party thereto and, to the Borrowers’ best knowledge, are the binding obligations of and legally enforceable against, the other parties thereto. To the Borrowers’ best knowledge, all necessary Government approvals, if any, have been obtained for each such lease or agreement, and there have been no threatened cancellations thereof or outstanding disputes with respect thereto, except for any of the foregoing that would not reasonably be expected to result in a Material Adverse Effect.
Leases and Real Property. No Borrower owns any real property other than fixtures that may relate to various leaseholds. All leases and other agreements under which any Borrower occupies real property are in full force and effect and constitute legal, valid and binding obligations of, and are legally enforceable against, the Borrower party thereto and, to the Borrowers’ best knowledge, are the binding obligations of and legally enforceable against, the other parties thereto. To the Borrowers’ best knowledge, all necessary governmental approvals, if any, have been obtained for each such lease or agreement, and there have been no threatened cancellations thereof or outstanding disputes with respect thereto.
Leases and Real Property. No Borrower owns any real property. All leases and other agreements under which any Borrower occupies real property are in full force and effect and constitute legal, valid and binding obligations of, and are legally enforceable against, the Borrower party thereto and, to the Borrowers’ best knowledge, are the binding obligations of and legally enforceable against, the other parties thereto. All necessary governmental approvals, if any, have been obtained for each such lease or agreement, and there have been no threatened cancellations thereof or outstanding disputes with respect thereto.
Leases and Real Property. No Borrower owns any real property. All ------------------------ material leases and other agreements under which any Borrower occupies real property are in full force and effect and constitute legal, valid and binding obligations of, and are legally enforceable against, the Borrower party thereto and, to the Borrowers' best knowledge, are the binding obligations of and legally enforceable against, the other parties thereto. All necessary governmental approvals, if any, have been obtained for each such material lease or agreement, and there have been no threatened cancellations thereof or outstanding material disputes with respect thereto. The landlord for the premises in which the Parent Company's headquarters is located has subordinated (or expressly assumed terms, covenants and conditions of subordination) for the benefit of the Administrative Agent, on terms and conditions reasonably satisfactory to the Administrative Agent, any landlord's or lessor's lien which may now or hereafter exist (whether by statute, contract or otherwise) on any of the Collateral located at such premises.
Leases and Real Property. All material leases and other ------------------------ material agreements under which each Borrower occupies real property are in full force and effect and constitute legal, valid and binding obligations of, and are legally enforceable against, each Borrower, and to the best of each Borrower's knowledge, are the binding obligations of and legally enforceable against, the other parties thereto. All necessary governmental approvals required to have been obtained by each Borrower, if any, have been obtained for each such material lease or agreement, and to each Borrower's knowledge there have been no threatened cancellations thereof, and there are no outstanding material disputes with respect thereto. No Borrower owns any interest in real property (other than the real property and leasehold interests listed on Schedule 5.17 hereto). -------------
Leases and Real Property. No Borrower or Domestic Non-Borrower Affiliate owns any real property other than fixtures that may relate to various leaseholds. All leases and other agreements under which any Borrower or Domestic Non-Borrower Affiliate occupies real property are in full force and effect and constitute legal, valid and binding obligations of, and are legally enforceable against, the Borrower or Domestic Non-Borrower Affiliate party thereto and, to the Borrowers' best knowledge, are the binding obligations of and legally enforceable against, the other parties thereto. To the Borrowers' best knowledge, all necessary governmental approvals, if any, have been obtained for each such lease or agreement, and there have been no threatened cancellations thereof or outstanding disputes with respect thereto.
Leases and Real Property. The Seller has delivered true and complete copies of its leases for real property to the Purchaser (the "Leased Premises"), all of which are listed on Schedule 3.9. Neither the Seller nor any landlord is in default on such lease, and the Seller has not received notice that it is in default under any such lease, and, to the knowledge of the Seller, there exists no event, occurrence, condition or act (including the consummation of the transactions contemplated hereby) that, with the giving of notice, lapse of time or happening of any event or condition would become a default by the Seller. The Seller has paid all rents and costs due to each landlord through the date hereof and shall continue to do so and to comply with all other terms and conditions of the Leases through the Closing Date. The Seller owns no real property.
Leases and Real Property. 12.1 The Group Member is not the legal or beneficial owner of any real properties and all the Leases in which the Group Member has interest are listed in Schedule 6. The Group Member has a valid leasehold interest under such Leases. There are no existing defaults, and the Group Member has not received or given any written notice of default or claimed default with respect to any Lease nor is there any event that with notice or lapse of time, or both, would constitute a default thereunder. All real property occupied by the Group Member is subject to a written lease. The Group Member does not hold any interest in real property other than the Leases.
12.2 The Leases are properly completed and stamped and are in the possession and under the control of the related Group Member. All necessary consents for the grant of the Leases were obtained before such grant and the landlords named in the Leases were and still are the registered legal and beneficial owners thereof. The Leases contain no unusual or onerous provisions and no right of termination by the landlord thereof except on grounds of non-payment of rent or breach of covenant by the Group Member. The Leases comprise all properties held or occupied by the Group Member.
12.3 The properties subject to the Leases are not:
(a) subject to any outgoings other than water rates, rent, management charges of a non-capital nature and utility charges, and the Group Member is not responsible for payment of government rent,
(b) subject to any options or rights of pre-emption or first refusal in favour of any third parties;
(c) to the best knowledge of the Vendors, adversely affected or likely to be adversely affected by any planning, highways, transport, utility or other proposals; or
(d) in violation of any insurance policy.
Leases and Real Property. The lease agreements set forth on Schedule 4.1(R) are the only leases of real property used in the Business. The Seller enjoys peaceful and quiet possession of its leased premises, has not subleased or granted any rights to third parties for the use of such leased property, has not received any written notice from the landlord asserting the existence of a material default by Seller or other outstanding liability of Seller under the Lease. The Seller does not now, nor has it ever owned, any real property.
