Possession and Ownership Sample Clauses

Possession and Ownership. The Collateral is or will be in Debtor's possession (except for equipment or inventory provided to Debtor's Customers in the ordinary course of business) and Debtor has or will acquire absolute title thereto and will defend the Collateral against the claims and demands of all persons other than Secured Party. Debtor has full right and power to grant the security interest herein to Secured Party.
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Possession and Ownership. 10.1 Possession of, control over and ownership of the ASSETS will not pass over to the BUYER until he has complied with all his obligations to the satisfaction of the SELLER in terms of this contract and the BUYER shall not have the right to sell, dispose of, alienate or trade with the ASSETS in any manner whatsoever prior to ownership.
Sample 1
Possession and Ownership. Except as shown on Exhibit 4 (a) attached to this Security Agreement, the Collateral is or will be in Debtor's possession (except for equipment or inventory provided to Debtor's customers in the ordinary course of business) and Debtor has or will acquire absolute title thereto and will defend the Collateral against the claims and demands of all persons other than Secured Party, the rights of customers to use the Collateral in the ordinary course of Debtor's business, and existing security interests and leaseholds shown on such Exhibit 4 (a). 2 - 724 -
Sample 1
Possession and Ownership. Upon Buyer’s delivery of the Purchase Price and upon completion of any other requirements, unless otherwise agreed, possession of the Property shall be delivered by Seller to Buyer at the time of Settlement. Buyer acknowledges that the Property may be occupied at the time of Settlement. Buyer understands and agrees that if the subject property is occupied at time of Settlement, obtaining possession of the subject property shall solely be Buyer’s responsibility and expense. Buyer agrees to hold Seller harmless for any and all costs, fees, delays or expenses incurred as a result of the Property being occupied, including, but not limited to the initiation of eviction proceedings.
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Possession and Ownership. Upon completion of a required training on the device handbook and internet safety, the device will be released to you. You will have the opportunity to purchase your assigned device at a cost after 4 consecutive school years. This rate will be determined by the governing board.
Sample 1
Possession and Ownership. 3.1 After the Equity Transfer, the Company will continue to be in possession of the whole of each of the Properties and no other person is or will be actually or conditionally entitled to possession, occupation, use or control of any of the Properties, except for those disclosed in Exhibit 7-D.
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Possession and Ownership. Executive agrees that upon request by the Company, and in any event upon termination of his employment hereunder, Executive shall return promptly to the Company all documents, papers, memoranda, records, notes, reports, manuals (and all copies thereof) or other material in his possession or under his control which may contain or be derived from the trade secrets and/or Confidential Information or relate to the Company's business or that of its subsidiaries, including, but not limited to, the services, suppliers and customers of the Company or its subsidiaries, together with all documents, notes or other work product which is connected with or derived from Executive's services to the Company whether or not such material is at the date hereof in Executive's possession. Executive agrees that he shall have no proprietary interest in any work product made, developed, created or used by him and arising out of his employment by the Company. Executive shall, from time to time as may be requested by the Company, at the Company's expense, do all things which may be reasonably necessary to establish or document the Company's ownership of any such work product, including, but not limited to, execution of appropriate copyright, trademark, trade name or patent applications or assignments.
Sample 1
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Possession and Ownership. All hired goods remain the property of Tillys Garden Party Hire Ltd. At no point does the Hirer own the hired goods. In this document, “Us”, “We” and “
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Related to Possession and Ownership

  • Capitalization and Ownership (a) As of the date of this Agreement, the entire authorized capital stock of GRS consists of 100,000,000 shares of which 90,000,000 have been designated as GRS Common Stock and 10,000,000 have been designated as Preferred Stock. All of the presently outstanding shares of capital stock of GRS have been validly authorized and issued and are fully paid and nonassessable. Except as set forth on Schedule 5.03, GRS has not issued any other shares of its capital stock and there are no outstanding options, warrants, subscriptions or other rights or obligations to purchase or acquire any of such shares, nor any outstanding securities convertible into or exchangeable for such shares. No dividends are accrued but unpaid on any capital stock of GRS.

  • Property Ownership The Fund owns or leases all such properties as are necessary to the conduct of its operations as presently conducted.

  • Equity Interests and Ownership The Equity Interests of each of Borrower and its Subsidiaries have been duly authorized and validly issued and are fully paid and non-assessable. Except as set forth on Schedule 4.2, as of the date hereof, there is no existing option, warrant, call, right, commitment or other agreement to which Borrower or any of its Subsidiaries is a party requiring, and there is no membership interest or other Equity Interests of Borrower or any of its Subsidiaries outstanding which upon conversion or exchange would require, the issuance by Borrower or any of its Subsidiaries of any additional membership interests or other Equity Interests of Borrower or any of its Subsidiaries or other Securities convertible into, exchangeable for or evidencing the right to subscribe for or purchase a membership interest or other Equity Interests of Borrower or any of its Subsidiaries. Schedule 4.2 correctly sets forth the ownership interest of Borrower and each of its Subsidiaries as of the Third Restatement Date.

  • Ownership Rights Nothing contained in this Agreement shall be construed as (a) establishing or granting to Registry Operator any property ownership rights or interests of Registry Operator in the TLD or the letters, words, symbols or other characters making up the TLD string, or (b) affecting any existing intellectual property or ownership rights of Registry Operator.

  • Title and Ownership Contractor warrants and represents that it has (i) full ownership, clear title free of all liens, or (ii) the right to transfer or deliver specified license rights to any Products acquired by Authorized User under this Contract. Contractor shall be solely liable for any costs of acquisition associated therewith. Contractor shall indemnify Authorized Users and hold Authorized Users harmless from any damages and liabilities (including reasonable attorneys’ fees and costs) awarded by a court of competent jurisdiction arising from any breach of Contractor’s warranties as set forth herein.

  • Record Ownership The Company, or its attorney, shall maintain a register of the Holder of the Debentures (the "Register") showing their names and addresses and the serial numbers and principal amounts of Debentures issued to them. The Register may be maintained in electronic, magnetic or other computerized form. The Company may treat the person named as the Holder of this Debenture in the Register as the sole owner of this Debenture. The Holder of this Debenture is the person exclusively entitled to receive payments of interest on this Debenture, receive notifications with respect to this Debenture, convert it into Common Stock and otherwise exercise all of the rights and powers as the absolute owner hereof.

  • POLICY TITLE AND OWNERSHIP Title and ownership shall reside in the Bank for its use and for the use of the Insured all in accordance with this Agreement. The Bank alone may, to the extent of its interest, exercise the right to borrow or withdraw on the policy cash values. Where the Bank and the Insured (or assignee, with the consent of the Insured) mutually agree to exercise the right to increase the coverage under the subject Split Dollar policy, then, in such event, the rights, duties and benefits of the parties to such increased coverage shall continue to be subject to the terms of this Agreement.

  • IP Ownership All Company Registered IP is owned by and registered or applied for solely in the name of a Group Company, is valid and subsisting and has not been abandoned, and all necessary registration, maintenance and renewal fees with respect thereto and currently due have been satisfied. No Group Company or any of its employees, officers or directors has taken any actions or failed to take any actions that would cause any Company Owned IP to be invalid, unenforceable or not subsisting. No funding or facilities of a Governmental Authority or a university, college, other educational institution or research center was used in the development of any material Company Owned IP. No material Company Owned IP is the subject of any Lien, license or other Contract granting rights therein to any other Person. No Group Company is or has been a member or promoter of, or contributor to, any industry standards bodies, patent pooling organizations or similar organizations that could require or obligate a Group Company to grant or offer to any Person any license or right to any material Company Owned IP. No Company Owned IP is subject to any proceeding or outstanding Governmental Order or settlement agreement or stipulation that (a) restricts in any manner the use, transfer or licensing thereof, or the making, using, sale, or offering for sale of any Group Company’s products or services, by any Group Company, or (b) may affect the validity, use or enforceability of such Company Owned IP. Each Principal has assigned and transferred to a Group Company any and all of his/her Intellectual Property related to the Business. No Group Company has (a) transferred or assigned any Company IP; (b) authorized the joint ownership of, any Company IP; or (c) permitted the rights of any Group Company in any Company IP to lapse or enter the public domain.

  • Organization and Ownership of Shares of Subsidiaries; Affiliates (a) Schedule 5.4 contains (except as noted therein) complete and correct lists (i) of the Company’s Subsidiaries, showing, as to each Subsidiary, the correct name thereof, the jurisdiction of its organization, and the percentage of shares of each class of its capital stock or similar equity interests outstanding owned by the Company and each other Subsidiary, (ii) of the Company’s Affiliates, other than Subsidiaries, and (iii) of the Company’s directors and senior officers.

  • Organization and Ownership of Shares of Subsidiaries (a) Schedule 5.4 is (except as noted therein) a complete and correct list of the Company’s Subsidiaries, showing, as to each Subsidiary, the correct name thereof, the jurisdiction of its organization, and the percentage of shares of each class of its capital stock or similar equity interests outstanding owned by the Company and each other Subsidiary.

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