Real Property and Other Assets. The Company does not own or lease any real property, and does not own, lease or license the use of any other assets other than those previously disclosed in the Company Reports.
Real Property and Other Assets. Except as set forth on Schedule 3(t), the Company and its Material Subsidiaries have good and marketable title in fee simple to all real property and good and marketable title to all personal property owned by them which is material to the business of the Company and its Material Subsidiaries, in each case free and clear of all liens, encumbrances and defects, except for Permitted Liens (as defined in the Indenture) and such as do not materially affect the value of such property and do not interfere with the use made and proposed to be made of such property by the Company and any of its Material Subsidiaries. Any real property and facilities held under lease by the Company and any of its Material Subsidiaries are held by them under valid, subsisting and enforceable leases with such exceptions as are not material and do not interfere with the use made and proposed to be made of such property and buildings by the Company and its Subsidiaries. There exists no default, or any event which upon notice or the passage of time, or both, would give rise to any default, in the performance of the Company or by any lessor under any such lease, nor, to the knowledge of the Company, is the landlord of any such lease in default except where any such default would not have a Material Adverse Effect. All tangible personal property owned by the Company and its Subsidiaries has been maintained in good operating condition and repair, except (x) for ordinary wear and tear, and (y) where such failure would not have a Material Adverse Effect. All tangible assets leased by the Company or any of its Subsidiaries are in the condition required by the terms of the lease applicable thereto during the term of such lease and upon the expiration thereof.
Real Property and Other Assets. Except as set forth on Schedule 3(q), the Company and its Subsidiaries have good and marketable title in fee simple to all real property and good and marketable title to all personal property owned by them which is material to the business of the Company and its Subsidiaries, in each case free and clear of all liens, encumbrances and defects, except for Permitted Liens and such as do not materially affect the value of such property and do not interfere with the use made and proposed to be made of such property by the Company and any of its Subsidiaries. Any real property and facilities held under lease by the Company and its Subsidiaries are held by them under valid, subsisting and enforceable leases with such exceptions as are not material and do not interfere with the use made and proposed to be made of such property and buildings by the Company and its Subsidiaries. There exists no default, or any event which upon notice or the passage of time, or both, would give rise to any default, in the performance of the Company or by any lessor under any such lease, nor, to the knowledge of the Company, is the landlord of any such lease in default, except, in any such case, where any such default would not have a Material Adverse Effect. All tangible personal property owned by the Company and its Subsidiaries has been maintained in good operating condition and repair, except (x) for ordinary wear and tear, and (y) where such failure would not have a Material Adverse Effect.
Real Property and Other Assets. Section 3.14 of the Disclosure Letter sets forth the address of each parcel of Owned Real Property. Section 3.14 of the Disclosure Letter sets forth the address of each parcel of Leased Real Property and a true and complete list of all Leases for each such parcel of Leased Real Property. The Company has made available to Parent a correct and complete copy of each such Lease. The Company or one of its Subsidiaries: (i) has good title (or with respect to real property located in Germany is registered as owner in the applicable land register) to all the properties and assets reflected in the latest audited balance sheet included in the Company SEC Reports as being owned by the Company or one of its Subsidiaries or acquired after the date thereof that are material to the business of the Company and its Subsidiaries (except properties sold or otherwise disposed of since the date thereof in the ordinary course of business and except for defects in title that are immaterial), free and clear of all Liens, except (A) statutory liens securing payments not yet due, or (B) such Liens as do not materially affect the use of the properties or assets subject thereto or affected thereby or otherwise materially impair business operations at such properties; and (ii) is the lessee of all Leased Real Property reflected in the latest audited financial statements included in the Company SEC Reports or acquired after the date thereof that are material to the business of the Company and its Subsidiaries (except for Leases that have expired by their terms since the date thereof or been assigned, terminated or otherwise disposed of in the ordinary course of business) and is in possession of the properties purported to be leased thereunder, and each such Lease is valid without default thereunder by the lessee or, to the Knowledge of the Company, the lessor. The Owned Real Property and the Leased Real Property can be used by the Company or one of its Subsidiaries (as applicable) for its business operations without any material restrictions and is not subject to any liabilities related to a Governmental Authority.
Real Property and Other Assets. SGK does not own or lease any real property and, except for the license agreement identified on Schedule 3,6.3 hereof, does not own, lease or license the use of any other assets.
Real Property and Other Assets. DKII does not own or lease any real property and, does not own, lease or license the use of any other assets.
Real Property and Other Assets. Each piece of real property owned ------------------------------ by the Company or its Subsidiaries is set forth on Section 5.1(t) of the Company Disclosure Schedule. The Company and each of its Subsidiaries has good, valid and marketable title to its respective properties and material assets, and a valid leasehold interest in all real and personal property leased by it, in each case free and clear of all Liens, except as set forth on Section 5.1(t) of the Company Disclosure Schedule, and except for Permitted Liens that are not substantial in amount and that do not detract from the value or impair the present use of any of the property or assets subject thereto or affected thereby or the business operations of the Company in any material respect.
Real Property and Other Assets. GTEC does not own or lease any real property, and does not own, lease or license the use of any other assets other than those previously disclosed in the GTEC Reports.
Real Property and Other Assets. The M and B Group has no ownership of or interest in or contractual rights in respect of any property (together the "Rights") where a loss of such Rights would be likely to result in a material adverse effect on the financial position of the M and B Group as a whole.
Real Property and Other Assets. The IHG Group has no ownership of or interest in or contractual rights in respect of any property (together the "Rights") where a loss of such Rights would be likely to result in a material adverse effect on the financial position of the IHG Group as a whole.
