Common use of Property and Assets Clause in Contracts

Property and Assets. The Company has good title to, or a valid leasehold interest in, all of its material properties and assets, including all properties and assets reflected in the Balance Sheet, except those disposed of since the date thereof in the ordinary course of business.

Appears in 3 contracts

Samples: Option and License Agreement, Option and License Agreement (Aveo Pharmaceuticals Inc), Option and License Agreement (Aveo Pharmaceuticals Inc)

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Property and Assets. The Company has good and marketable title to, or a valid leasehold interest in, all of its material properties and assets, including all properties and assets reflected in the Balance Sheet, except those disposed of since the date thereof in the ordinary course of business.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Sapinda Asia LTD), Securities Purchase Agreement (Volu-Sol Reagents CORP), Securities Purchase Agreement (Fonix Corp)

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Property and Assets. The Company has good and marketable title to, or a valid leasehold interest in, all of its material properties and assets, including all properties and assets reflected in the Balance Sheet, except those disposed and none of since the date thereof in the ordinary course of businesssuch properties or assets is subject to any Security Interest. The Company does not own, and has not ever owned, any real estate.

Appears in 1 contract

Samples: Series a Preferred Stock Purchase Agreement (Light Sciences Oncology Inc)

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