Common use of Non-Real Estate Leases Clause in Contracts

Non-Real Estate Leases. Schedule 4.9 lists all assets and property used in the Business (other than Real Property and Intellectual Property) that are possessed by the Company Group Members under an existing lease, including all trucks, automobiles, forklifts, machinery, equipment, furniture and computers, except for any lease under which the aggregate annual payments are less than $15,000 (each, an “Immaterial Lease”). Schedule 4.9 also lists the leases under which such assets and property listed in Schedule 4.9 are possessed. All of such leases (excluding Immaterial Leases) are referred to herein as the “Non-Real Estate Leases.”

Appears in 2 contracts

Samples: Stock Purchase Agreement (Air Products & Chemicals Inc /De/), Stock Purchase Agreement (Air Products & Chemicals Inc /De/)

AutoNDA by SimpleDocs

Non-Real Estate Leases. Schedule 4.9 lists all assets and property ---------------------- used in the Business (other than Real Property and Intellectual Property) that are possessed by the Company Group Members Seller under an existing lease, including all trucks, automobiles, forklifts, machinery, equipment, furniture and computers, except for any lease under which the aggregate annual payments are less than $15,000 25,000 (each, an "Immaterial Lease"). Schedule 4.9 also lists the leases under which such assets and property listed in Schedule 4.9 are possessed. All of such leases (excluding Immaterial Leases) are referred to herein as the "Non-Real Estate Leases."

Appears in 1 contract

Samples: Asset Purchase Agreement (Verticalnet Inc)

AutoNDA by SimpleDocs

Non-Real Estate Leases. Schedule SCHEDULE 4.9 lists all assets and property used in the Business (other than Real Property and Intellectual Property) that are possessed by the Company Group Members Seller under an existing lease, including all trucks, automobiles, forklifts, machinery, equipment, furniture and computers, except for any lease under which the aggregate annual payments are less than $15,000 50,000 (each, an "Immaterial Lease"). Schedule SCHEDULE 4.9 also lists the leases under which such assets and property listed in Schedule SCHEDULE 4.9 are possessed. All of such leases (excluding Immaterial Leases) are referred to herein as the "Non-Real Estate Leases."

Appears in 1 contract

Samples: Asset Purchase Agreement (Verticalnet Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.