Ownership of Personal Property; Insurance Coverage. (a) Each of the OLB Companies has good and marketable title to all material assets and properties owned by it in the conduct of its businesses, whether such assets and properties are real or personal, tangible or intangible, including assets and property reflected in the balance sheets contained in the OLB Financials or acquired subsequent thereto, subject to no Liens, except:
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Old Line Bancshares Inc), Agreement and Plan of Merger (Old Line Bancshares Inc), Agreement and Plan of Merger (Bay Bancorp, Inc.)
Ownership of Personal Property; Insurance Coverage. (a) Each of the OLB Companies has good and marketable title to all material assets and properties owned by it in the conduct of its businesses, whether such assets tangible and properties are real or personal, tangible or intangibleintangible personal property that is material to its business, including assets and the personal property reflected in the balance sheets contained in the OLB Financials or acquired subsequent theretoFinancials, subject to no Liens, except:
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Old Line Bancshares Inc), Agreement and Plan of Merger (WSB Holdings Inc)