Common use of Ownership and Use of Properties Clause in Contracts

Ownership and Use of Properties. Each of the Company and its Subsidiaries will have on the Closing Date and at all times thereafter, legal title or ownership of, or the right to use pursuant to enforceable and valid agreements or arrangements, all tangible property, both real and personal, and all franchises, licenses, copyrights, patents and know-how which is material to the operation of its business as proposed to be conducted.

Appears in 7 contracts

Samples: Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM Inc/Oh/)

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Ownership and Use of Properties. Each of the Company and its Subsidiaries each Consolidated Subsidiary of the Company will have on the Closing Date and at all times thereafter, legal title or ownership of, or the right to use pursuant to enforceable and valid agreements or arrangements, all tangible property, both real and personal, and all franchises, licenses, copyrights, patents and know-how which is material to the operation of its business as proposed to be conducted.

Appears in 6 contracts

Samples: Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/)

Ownership and Use of Properties. Each of the Company and its Subsidiaries will have on the Closing Effective Date and at all times thereafter, legal title or ownership of, or the right to use pursuant to enforceable and valid agreements or arrangements, all tangible property, both real and personal, personal and all franchises, licenses, copyrights, patents and know-how which is material to the operation of its business as proposed to be conducted.

Appears in 3 contracts

Samples: Credit Agreement (Trans Resources Inc), Credit Agreement (Applied Extrusion Technologies Inc /De), Credit Agreement (Applied Extrusion Technologies Inc /De)

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Ownership and Use of Properties. Each of the Company and its Subsidiaries will have on the Closing Date and at all times thereafter, legal title or ownership of, or the right to use pursuant to enforceable and valid agreements or arrangements, all tangible property, both real and personal, personal and all franchises, licenses, copyrights, patents and know-how which is material to the operation of its business as proposed to be conducted.

Appears in 1 contract

Samples: Credit Agreement (Trans Resources Inc)

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