Common use of Owned and Leased Real Properties Clause in Contracts

Owned and Leased Real Properties. (a) The Company does not and has never owned any real property. (b) The Company has provided to the Buyer a complete and accurate list of all real property leased by the Company or its Subsidiaries (collectively "Company Leases") and the location of the premises. The Company is not in default under any of the Company Leases. Each of the Company Leases is in full force and effect and will not cease to be in full force and effect as a result of the transactions contemplated by this Agreement.

Appears in 3 contracts

Samples: Merger Agreement (Cmgi Inc), Merger Agreement (Flycast Communications Corp), Merger Agreement (Adforce Inc)

AutoNDA by SimpleDocs

Owned and Leased Real Properties. (a) The Company does not and has never owned any real property. (b) The Company has provided or otherwise made available to the Buyer a complete and accurate list of all real property leased by the Company or its Subsidiaries (collectively "Company Leases") and the location of the premises. The Company is not in default under any of the Company Leases. Each of the Company Leases is in full force and effect and will not cease to be in full force and effect as a result of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Prodigy Communications Corp), Merger Agreement (Prodigy Communications Corp)

Owned and Leased Real Properties. (a) The Company does not own and has never owned any real property. (b) The Company has provided to the Buyer a complete and accurate list of all real property leased by the Company or its Subsidiaries (collectively "Company Leases") and the location of the premises. The Company is not in default in any material respect under any of the Company Leases. Each of the Company Leases is in full force and effect and will not cease to be in full force and effect as a result of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Merger Agreement (Yesmail Com Inc), Merger Agreement (Cmgi Inc)

Owned and Leased Real Properties. (a) The Company does not own and has never owned any real property. (b) The Company has provided to the Buyer in Section 3.8(b) of the Company Disclosure Schedule a complete and accurate list of all real property leased by the Company or its Subsidiaries (collectively "Company Leases") and the location of the premises. The Company is not in default in any material respect under any of the Company Leases. Each of the Company Leases is in full force and effect and will not cease to be in full force and effect as a result of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Cmgi Inc)

AutoNDA by SimpleDocs

Owned and Leased Real Properties. (a) The Company does and each Subsidiary do not own and has have never owned any real property. (b) The Company has provided to the Buyer a complete and accurate list of all real property currently leased by the Company or its Subsidiaries and each Subsidiary (collectively "Company Leases") and the location of the premises. The Neither the Company nor any Subsidiary is not in default under any of the Company Leases. Each of the Company Leases is in full force and effect and will not cease to be in full force and effect as a result of the transactions contemplated by this Agreement.

Appears in 1 contract

Samples: Merger Agreement (Sonic Foundry Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!