Common use of Property and Permits Clause in Contracts

Property and Permits. Except as set forth on in the financial statements (or notes thereto) referenced in Section 2.10, the Company is the sole owner of all right, title, and interest in and to all assets reflected on the current balance sheet included in the Annual Report, free and clear of all mortgages, security interests, claims, restrictions and other encumbrances, and there exists no restriction on the use or transfer of such assets or property. No such assets or property are in the possession of others and the Company holds no property on consignment. All tangible such assets and property are in good condition and repair and fit for their intended purpose, and are not in violation of applicable zoning or other Law (as defined below). The Company holds all permits, licenses and other approvals necessary to conduct the business in which it is engaged.

Property and Permits. Except as set forth on Schedule 2A.3 or in the financial statements (or notes thereto) referenced in Section 2.102A.4, the Company is the sole owner of all right, title, and interest in and to all assets reflected on the current balance sheet included in the Annual Reportsheet, free and clear of all mortgages, security interests, claims, restrictions and other encumbrances, and there exists no restriction on the use or transfer of such assets or property. No such assets or property are in the possession of others and the Company holds no property on consignment. All tangible such assets and property are in good condition and repair and fit for their intended purpose, and are not in violation of applicable zoning or other Law (as defined below)Law. The Company holds all permits, licenses and other approvals necessary to conduct the business in which it is engaged.

Property and Permits. Except as set forth on Schedule 2.8 or as reflected in the financial statements Financial Information (or notes thereto) referenced in Section 2.102.9), and subject to Section 2.2 hereof, the Company is the sole owner of all right, title, and interest in and to all assets reflected on the current balance sheet included in the Annual Reportsheet, free and clear of all mortgages, security interests, claims, restrictions and other encumbrances, and there exists no restriction on the use or transfer of such assets or property. No such assets or property are in the possession of others and the Company holds no property on consignment. All tangible such assets and property are in good condition and repair and fit for their intended purpose, and are not in violation of applicable zoning or other Law (as defined below)Law. The Company holds all permits, licenses and other approvals necessary to conduct the business in which it is engaged.