PEACEABLE POSSESSION OF ASSETS Sample Clauses

PEACEABLE POSSESSION OF ASSETS. The ownership and possession of all of the assets of the Company have been peaceable and undisturbed and the title thereto has never been disputed or questioned to the knowledge of the Company; nor does the Company know of any facts by reason of which the possession or title thereof by the Company might be disturbed or questioned or by reason of which any claim to its assets might arise or be set up adverse to the Company.
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PEACEABLE POSSESSION OF ASSETS. The ownership and possession of all of the assets of the Buyer have been peaceable and undisturbed and the title thereto has never been disputed or questioned to the knowledge of the Buyer; nor does the Buyer know of any facts by reason of which the possession or title thereof by the Buyer might be disturbed or questioned or by reason of which any claim to its assets might arise or be set up adverse to the Buyer.
PEACEABLE POSSESSION OF ASSETS. The ownership and/or possession of all of the assets of the company have been peaceably and undisturbed and the title thereto has never been disputed or question to the knowledge of the company, nor does the Company know of any facts by reason of which the possession or title thereof by the company might be disturbed or questioned or by reason of which any claim to its assets might arise or be set up adverse to the company. This section is predicated on the acceptance of a proposed chapter 11 filing by the appropriate jurisdiction of the Bankruptcy court of Hillsboro County, New Hampshire.
PEACEABLE POSSESSION OF ASSETS. The ownership and possession of all of the assets of the Real Estate Companies have been peaceable and undisturbed and the title thereto has never been disputed or questioned to the knowledge of the Seller; nor does the Seller know of any facts by reason of which the possession or title thereof by the Real Estate Companies might be disturbed or questioned or by reason of which any claim to its assets might arise or be set up adverse to the Real Estate Companies.
PEACEABLE POSSESSION OF ASSETS. The ownership and possession of all of the assets of ICBS has been peaceable and undisturbed and the title thereto has never been disputed or questioned to the knowledge of ICBS; nor does ICBS knows of any facts by reason of which the possession or title thereof by ICBS might be disturbed or questioned or by reason of which any claim to its assets might arise or be set up adverse to ICBS.
PEACEABLE POSSESSION OF ASSETS. Sellers are the sole owner of the Business and no other person has any claim, right, title, or interest in the Business Assets. The ownership and possession of all of the assets of MTI has been peaceable and undisturbed and the title thereto has never been disputed or questioned to the knowledge of MTI; nor does MTI knows of any facts by reason of which the possession or title thereof by MTI might be disturbed or questioned or by reason of which any claim to its assets might arise or be set up adverse to MTI.
PEACEABLE POSSESSION OF ASSETS. The ownership and possession of all of the assets of PMI has been peaceable and undisturbed and the title thereto has never been disputed or questioned to the knowledge of PMI; nor does PMI knows of any facts by reason of which the possession or title thereof by PMI might be disturbed or questioned or by reason of which any claim to its assets might arise or be set up adverse to PMI.
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PEACEABLE POSSESSION OF ASSETS. The ownership and possession of all of the assets of Scanbuy have been peaceable and undisturbed and the title thereto has never been disputed or questioned to the knowledge of Scanbuy; nor does Scanbuy know of any facts by reason of which the possession or title thereof by Scanbuy might be disturbed or questioned or by reason of which any claim to its assets might arise or be set up adverse to Scanbuy.

Related to PEACEABLE POSSESSION OF ASSETS

  • Collateral in the Possession of a Bailee If any Inventory or other Goods are at any time in the possession of a bailee, such Assignor shall promptly notify the Collateral Agent thereof and, if requested by the Collateral Agent, shall use its commercially reasonable efforts to promptly obtain an acknowledgment from such bailee, in form and substance reasonably satisfactory to the Collateral Agent, that the bailee holds such Collateral for the benefit of the Collateral Agent and shall act upon the instructions of the Collateral Agent, without the further consent of such Assignor. The Collateral Agent agrees with such Assignor that the Collateral Agent shall not give any such instructions unless an Event of Default has occurred and is continuing or would occur after taking into account any action by the respective Assignor with respect to any such bailee.

  • Possession of Property Possession of the Property free and clear of all uses and encroachments, except the Permitted Exceptions, shall be delivered to Purchaser at closing.

  • Possession of the Property Upon the occurrence of any Event of Default and the acceleration of the Debt or any portion thereof, Borrower, if an occupant of the Property or any part thereof, upon demand of Lender, shall immediately surrender possession of the Property (or the portion thereof so occupied) to Lender, and if Borrower is permitted to remain in possession, the possession shall be as a month-to-month tenant of Lender and, on demand, Borrower shall pay to Lender monthly, in advance, a reasonable rental for the space so occupied and in default thereof Borrower may be dispossessed. The covenants herein contained may be enforced by a receiver of the Property or any part thereof. Nothing in this Section 13.04 shall be deemed to be a waiver of the provisions of this Security Instrument making the Transfer of the Property or any part thereof without Lender’s prior written consent an Event of Default.

  • Title to Properties; Possession Under Leases (a) Such Borrower and each of its Subsidiaries have good and marketable title to, or valid leasehold interests in, all its material properties and assets, except for minor defects in title that do not materially interfere with its ability to conduct its business as currently conducted or to utilize such properties and assets for their intended purposes.

  • Title to Properties and Assets; Liens The Company has good and marketable title to its properties and assets, and has good title to all its leasehold interests, in each case subject to no material mortgage, pledge, lien, lease, encumbrance or charge, other than: (a) liens for current taxes not yet due and payable; (b) liens imposed by law and incurred in the ordinary course of business for obligations not past due; (c) liens in respect of pledges or deposits under workers’ compensation laws or similar legislation; and (d) liens, encumbrances and defects in title which do not in any case materially detract from the value of the property subject thereto, and which have not arisen otherwise than in the ordinary course of business of the Company. With respect to the property and assets it leases, the Company is in compliance with such leases in all material respects and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances.

  • Possession Of Premises Tenant shall not be entitled to possession of the premises designated for lease until the security deposit and first month’s rent (or prorated portion thereof), less any applicable promotional discount, is paid in full and the premises designated for lease is vacated by the prior tenant.

  • Collateral in the Possession of a Warehouseman or Bailee If any material portion of the Collateral at any time is in the possession of a warehouseman or bailee, Grantor shall promptly notify Secured Party thereof, and, as soon as possible but not more than forty-five (45) days later, shall use best efforts to obtain a Collateral Access Agreement in form and substance reasonably satisfactory to Secured Party from such warehouseman or bailee.

  • Possession of Collateral Agent and Secured Parties appoint each Lender as agent (for the benefit of Secured Parties) for the purpose of perfecting Liens in any Collateral held or controlled by such Lender, to the extent such Liens are perfected by possession or control. If any Lender obtains possession or control of any Collateral, it shall notify Agent thereof and, promptly upon Agent’s request, deliver such Collateral to Agent or otherwise deal with it in accordance with Agent’s instructions.

  • Title to Properties and Assets; Liens, Etc Except as set forth on Schedule 4.9, each of the Company and each of its Subsidiaries has good and marketable title to its properties and assets, and good title to its leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than:

  • Possession and Assembly of Collateral Secured Party may, without notice, demand or initiate legal process of any kind, take possession of any or all of the Collateral (in addition to Collateral of which Secured Party already has possession), wherever it may be found, and for that purpose may pursue the same wherever it may be found, and may at any time enter into any of Grantor's premises where any of the Collateral may be or is supposed to be, and search for, take possession of, remove, keep and store any of the Collateral until the same shall be sold or otherwise disposed of and Secured Party shall have the right to store and conduct a sale of the same in any of Grantor's premises without cost to Secured Party. At Secured Party's request, Grantor will, at Grantor’s sole expense, assemble the Collateral and make it available to Secured Party at a place or places to be designated by Secured Party which is reasonably convenient to Secured Party and Grantor.

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