Common use of Property Generally Clause in Contracts

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property material to its business, subject only to Permitted Liens and except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 18 contracts

Samples: Credit Agreement and Guaranty (Aquestive Therapeutics, Inc.), Loan Agreement (Valeritas Holdings Inc.), Loan Agreement (Valeritas Holdings Inc.)

AutoNDA by SimpleDocs

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 17 contracts

Samples: Term Loan Agreement (Alignment Healthcare, Inc.), Term Loan Agreement (Alignment Healthcare, Inc.), Subordination Agreement (Strongbridge Biopharma PLC)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 9 contracts

Samples: Term Loan Agreement (Silk Road Medical Inc), Term Loan Agreement (Silk Road Medical Inc), Loan Agreement (EyePoint Pharmaceuticals, Inc.)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do as would not reasonably be expected to interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 6 contracts

Samples: Agreement (Decipher Biosciences, Inc.), Agreement (Decipher Biosciences, Inc.), Agreement (Decipher Biosciences, Inc.)

Property Generally. Each Such Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 4 contracts

Samples: Credit Agreement (Kadmon Holdings, LLC), Credit Agreement (Kadmon Holdings, LLC), Credit Agreement (Kadmon Holdings, LLC)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property (excluding any Intellectual Property) material to its business, subject only to Permitted Liens and except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 3 contracts

Samples: Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.), Term Loan Agreement (TriVascular Technologies, Inc.)

Property Generally. Each Obligor and each of its Subsidiaries has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property material to its business, subject only to Permitted Liens and except for minor defects in title that (i) do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposespurposes and (ii) could not reasonably be expected to prevent or interfere with the ability of any Obligor or any of its Subsidiaries to conduct any Product Development and Commercialization Activities with respect to any of its Products.

Appears in 3 contracts

Samples: Credit Agreement and Guaranty (Sonendo, Inc.), Credit Agreement and Guaranty (Sonendo, Inc.), Credit Agreement (Sonendo, Inc.)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold or license interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do as would not reasonably be expected to interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.. (b)

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (IsoPlexis Corp), Credit Agreement and Guaranty (IsoPlexis Corp)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its businessBusiness, subject only to Permitted Liens and except for minor defects in title that do not interfere with its ability to conduct its business Business as currently conducted or to utilize such properties for their intended purposes.

Appears in 2 contracts

Samples: Term Loan Agreement (Biodelivery Sciences International Inc), Term Loan Agreement (Biodelivery Sciences International Inc)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold or license interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do as would not reasonably be expected to interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 2 contracts

Samples: Credit Agreement (IsoPlexis Corp), Credit Agreement and Guaranty (IsoPlexis Corp)

Property Generally. Each Obligor and each of its Subsidiaries has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do as would not reasonably be expected to interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (C4 Therapeutics, Inc.), Credit Agreement and Guaranty (C4 Therapeutics, Inc.)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and tangible personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do as would not reasonably be expected to interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 2 contracts

Samples: Loan Agreement (Omeros Corp), Loan Agreement (Omeros Corp)

AutoNDA by SimpleDocs

Property Generally. Each Obligor and each of its Subsidiaries has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its business, including all Product Assets, subject only to Permitted Liens and except for minor defects in title that do as would not reasonably be expected to interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 1 contract

Samples: Credit Agreement (Agile Therapeutics Inc)

Property Generally. Each Obligor and each of its Material Subsidiaries has good and marketable fee simple title to, or valid leasehold or license interests in, all its real and personal property Property material to its business, including all Product Assets, subject only to Permitted Liens and except for minor defects in title that do as would not reasonably be expected to materially interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 1 contract

Samples: Credit Agreement (SOPHiA GENETICS SA)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do as would not reasonably be expected to materially interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 1 contract

Samples: Credit Agreement (Molecular Templates, Inc.)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except as set forth in Schedule 7.05(a) and for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.

Appears in 1 contract

Samples: Loan Agreement (Viveve Medical, Inc.)

Property Generally. Each Obligor and each of its Subsidiaries has good and marketable fee simple title to, or valid leasehold interests in, or license to, all its real and personal property material to its business, including all properties and assets, whether tangible or intangible, relating to its Products or Product Commercialization and Development Activities, subject only to Permitted Liens and except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposesLiens.

Appears in 1 contract

Samples: Credit Agreement (Fractyl Health, Inc.)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.. 136158242.1 136158242.6 48

Appears in 1 contract

Samples: Term Loan Agreement (Axogen, Inc.)

Property Generally. Each Obligor has good and marketable fee simple title to, or valid leasehold interests in, all its real and personal property Property material to its business, subject only to Permitted Liens and except for minor defects in title that do not interfere with its ability to conduct its business as currently conducted or to utilize such properties for their intended purposes.. ​ ​ ​

Appears in 1 contract

Samples: Term Loan Agreement (Axogen, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!