OWNERSHIP AND POSSESSION OF ASSETS. 2.1 All assets used by each Group Company in the course of its business as carried on at the date of this Agreement or which are necessary for the continuation of its business, other than any asset held under a finance lease, hire purchase and rental or credit sale agreement which has been Disclosed, are legally and beneficially owned by the Group Company free from Encumbrances, and so far as the Seller is aware, no person has claimed to be entitled to an Encumbrance in respect of any such asset.
2.2 All of the material tangible assets owned by any Group Company, or which any Group Company has the right to use, are in the possession and ownership or under the control of the Group Company.
OWNERSHIP AND POSSESSION OF ASSETS. 1.1 All assets used by any Group Company in the course of its business as carried on at the date of this Agreement (other than any asset held under a finance lease, hire purchase and rental or credit sale agreement) are legally and beneficially owned by that Group Company free from Encumbrances, and no person has claimed to be entitled to an Encumbrance in respect of any such asset.
1.2 Each Group Company owns or has the right to use each asset necessary for the operation of the business of the relevant Group Company as carried on at the date of this Agreement.
1.3 All of the tangible assets owned by any Group Company, or which any Group Company has the right to use, are in the possession and ownership or under the control of that Group Company.
1.4 All plant, machinery, vehicles and equipment owned, possessed or used by any Group Company are in good condition and none is in need of immediate repair.
OWNERSHIP AND POSSESSION OF ASSETS. 1.1 Other than those assets that will be transferred to the Company pursuant to the Restructuring, all of the material tangible assets owned by the Company, or which the Company has the right to use, are in the possession and ownership or under the control of the Company.
1.2 The Company has not been a party to any transaction pursuant to, or as a result of, which any material asset or right owned or purportedly owned by the Company is, or may become, liable to be transferred or re-transferred to another person.
OWNERSHIP AND POSSESSION OF ASSETS. 2.1 All assets used by the Company in the course of its business as carried on at the date of this Agreement or which are necessary for the continuation of its business, other than any asset held under a finance lease, hire purchase and rental or credit sale agreement referred to in the Disclosure Letter are legally and beneficially owned by the Company free from Encumbrances, and so far as the Sellers are aware, no person has claimed to be entitled to an Encumbrance or title in respect of any such asset.
2.2 All of the material tangible assets owned by the Company, or which the Company has the right to use, are in the possession and ownership or under the control of the Company.
OWNERSHIP AND POSSESSION OF ASSETS. 16.1 All assets used by any Group Company in the course of its business as carried on at the date of this Agreement (other than any asset held under a finance lease, hire purchase and rental or credit sale agreement) are legally and beneficially owned by that Group Company free from Encumbrances, and no person has claimed in writing to be entitled to an Encumbrance in respect of any such asset.
16.2 Each Group Company owns or has the right to use each asset necessary for the operation of the business of the relevant Group Company as carried on at the date of this Agreement.
16.3 All of the tangible assets owned by any Group Company, or which any Group Company has the right to use, are in the possession and ownership or under the control of that Group Company.
OWNERSHIP AND POSSESSION OF ASSETS. 2.1 All assets used by the Company in the ordinary course of its business as carried on at the date of this Agreement (and for the avoidance of doubt following completion of the Hive Across Agreement) or which are necessary for the continuation of such business, other than any asset held under an agreement referred to in paragraph 1 of this part, are legally and beneficially owned by the Company free from Encumbrances, and the Company has not received notice that any person is nor so far as the Seller is aware has any person claimed to be entitled to an Encumbrance in respect of any such asset.
2.2 All of the tangible assets owned by the Company, or which the Company has the right to use, are in the possession and ownership or under the control of the Company.
OWNERSHIP AND POSSESSION OF ASSETS. 1.1 All of the material tangible Assets capable of possession are in the possession and ownership or under the control of the Seller.
1.2 The Disclosure Letter contains details of the material assets and/or rights owned and the material services supplied by either the Seller or any member of the Seller’s Group to the Business as at the date of this Agreement, which assets and/or rights or the means of providing such services, are not being sold by the Seller pursuant to this Agreement.
1.3 The Assets comprise all of the assets and rights necessary for the continuation of the Business as carried on at the date of this Agreement.
OWNERSHIP AND POSSESSION OF ASSETS. All of the tangible assets owned by any Group Company, or which any Group Company has the right to use, are in the possession and ownership or under the control of that Group Company.
OWNERSHIP AND POSSESSION OF ASSETS. 1.1 All assets used by the Company in the course of its business as carried on at the date of this Agreement other than any asset held under any finance lease, hire purchase and rental or credit sale agreements, are legally and beneficially owned by the Company free from Encumbrances.
1.2 All of the material tangible assets owned by the Company, or which the Company has the right to use, are in the possession and ownership or under the control of the Company.
OWNERSHIP AND POSSESSION OF ASSETS. 1.1. All assets used by any Group Company in the course of its business as carried on at the Completion Date (other than any asset held under a finance lease, hire purchase and rental or credit sale agreement or IT Systems (as such term is defined in Part 10) owned by third parties and operated by the Company under licenses disclosed under Part 10 hereof) are legally and beneficially owned by that Group Company free from Encumbrances, and no person has claimed to be entitled to a Encumbrance in respect of any such asset. A copy of the Fixed Asset Register is in Section 18 of the Bundle.
1.2. Save as disclosed, all of the tangible assets owned by any Group Company, or which any Group Company has the right to use, are in the possession and ownership or under the control of that Group Company.
