Common use of Property and Assets Clause in Contracts

Property and Assets. The Company has good title to all of its material properties and assets as set forth on SCHEDULE 3.10 hereto and, except as set forth on such schedule, none of such properties or assets is subject to any mortgage, pledge, lien, security interest, lease, charge or encumbrance.

Appears in 2 contracts

Samples: Series B Preferred Stock Purchase Agreement (Ibasis Inc), Series C Preferred Stock Purchase Agreement (Ibasis Inc)

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Property and Assets. The Company has good title to all of its material properties and assets as set forth on SCHEDULE 3.10 hereto andassets, except as set forth on such schedule, and none of such properties or assets is subject to any mortgage, pledge, lien, security interest, lease, charge or encumbranceencumbrance other than those described on Schedule 3(o) attached hereto.

Appears in 1 contract

Samples: Series C Convertible Preferred Stock and Warrant Purchase Agreement (Nextgen Fund Ii LLC)

Property and Assets. The Company has good title to all of its material properties and assets as reflected on the balance sheets set forth on SCHEDULE 3.10 hereto and, except as set forth on such schedule, 3.12 and none of such properties or assets is subject to any mortgage, pledge, lien, security interest, lease, charge or encumbrance, except as set forth in SCHEDULE 3.5.

Appears in 1 contract

Samples: Stock Purchase Agreement (Streamline Inc)

Property and Assets. The Company has good title to all of its material properties and assets as set forth on SCHEDULE 3.10 hereto and, except as set forth on such schedule, and none of such properties or assets is subject to any mortgage, pledge, lien, security interest, lease, charge or encumbrance, except as set forth in SCHEDULE 3.5.

Appears in 1 contract

Samples: Stock Purchase Agreement (Streamline Inc)

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Property and Assets. The Company has good title to all of its material properties and assets as set forth on SCHEDULE Schedule 3.10 hereto and, except as set forth on such schedule, none of such properties or assets is subject to any mortgage, pledge, lien, security interest, lease, charge or encumbrance.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Ibasis Inc)

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