Common use of Property; Liens; Condition Clause in Contracts

Property; Liens; Condition. (a) Except as set forth on Exhibit X to this Schedule, the Orthodontic Entity has good and marketable title in fee simple to all of its owned real and personal property, including without limitation, all machinery and equipment used or owned by the Orthodontic Entity (the "Equipment") free of liens and encumbrances (the "Property"). All the Property owned or leased by the Orthodontic Entity is in good repair, has been well maintained, substantially conforms with all applicable ordinances, regulations and zoning or other laws. The Equipment is in good working order. (b) No other entity or person owns any of the assets necessary for the operation of the Orthodontic Entity. The Orthodontic Entity does not operate any of its practice through any other entities or persons.

Property; Liens; Condition. (a) Except as set forth on Exhibit X to this Schedule, the Orthodontic Entity has good and marketable title in fee simple to all of its owned real and personal property, including without limitation, all machinery and equipment used or owned by the Orthodontic Entity (the "Equipment") free of liens and encumbrances (the "Property"). All the Property owned or leased by the Orthodontic Entity is in good repair, has been well maintained, substantially conforms with all applicable ordinances, regulations and zoning or other laws. The Equipment is in good working order. (b) No other entity or person other than the MSO and the Orthodontic Entity owns any of the assets necessary for the operation of the Orthodontic Entity. The Orthodontic Entity does not operate any of its practice through any other entities or persons.