Common use of Ownership of Fixed Assets free from third party rights Clause in Contracts

Ownership of Fixed Assets free from third party rights. (a) Save for assets held under Lease Agreements, Small Lease Agreements and Permitted Security Interests (as defined in paragraph 5.2(b) below), the Fixed Assets are the property of the relevant Group Company free from any Security Interest.

Ownership of Fixed Assets free from third party rights. (a) Save for assets held under Lease Agreements, Small Lease Agreements and Permitted Security Interests (as defined in paragraph 5.2(b) below), the Fixed Assets are legally and beneficially owned by the property of the relevant Group Company free from any Security Interest (or any agreement or commitment to create a Security Interest) and are in the possession and control of the Company.

Ownership of Fixed Assets free from third party rights. (a) Save for assets held under Lease Agreements, Small Lease Agreements and for Permitted Security Interests (as defined in paragraph 5.2(b10.2(b) below), the Fixed Assets are the property of the relevant Group Company free from any Security Interest.