Common use of Real Property and Leases Clause in Contracts

Real Property and Leases. (i) Company and Company Subsidiaries have sufficient title or leasehold interests to all of their respective properties to conduct their respective businesses as currently conducted or as contemplated to be conducted, except where the failure to have such sufficient title or leasehold interest would not, either individually or in the aggregate, have a Company Material Adverse Effect. Section 6.19 of the Disclosure Schedule sets forth a true and complete list of each lease, sublease or other similar agreement relating to the possession of real property to which Company or any of Company Subsidiaries is a party which provides for annual payments in excess of $60,000.

Appears in 2 contracts

Samples: Merger Agreement (Transitional Hospitals Corp), Merger Agreement (Transitional Hospitals Corp)

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Real Property and Leases. (i) Company and Company Subsidiaries have sufficient title or leasehold interests to all of their respective properties to conduct their respective businesses as currently conducted or as contemplated to be conducted, except where the failure to have such sufficient title or leasehold interest would not, either individually or in the aggregate, have a Company Material Adverse Effect. Section 6.19 of the Disclosure Schedule sets forth a true and complete list of each lease, sublease or other similar agreement relating to the possession of real property to which towhich Company or any of Company Subsidiaries is a party which provides for annual payments in excess of $60,000.

Appears in 2 contracts

Samples: Merger Agreement (Transitional Hospitals Corp), Merger Agreement (Vencor Inc)

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