Tangible Personal Property Leases Sample Clauses

Tangible Personal Property Leases. Schedule 5.11 sets forth all leases of personal property by the Company or any of the Subsidiaries (“Personal Property Leases”) involving annual payments in excess of $50,000, other than any Personal Property Leases that have been terminated or will expire by their terms before or upon the Closing or Contracts with Affiliates of Seller that will be terminated before or upon the Closing.
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Tangible Personal Property Leases. Schedule 3.13(b) sets forth a true and complete list of all Leases for Tangible Personal Property and any and all material ancillary documents pertaining thereto (including all amendments, consents and evidence of commencement dates and expiration dates). Except as set forth on Schedule 3.13(b), Sellers have the full right to exercise any purchase, renewal or extension rights or options contained in such Leases on the terms and conditions contained therein and upon due exercise would be entitled to enjoy the use of each item of Leased Tangible Personal Property for the full term of such options and rights.
Tangible Personal Property Leases. (a) Section 4.20 of the Company Disclosure Schedule sets forth a list, that is accurate in all material respects, of all Tangible Property that is leased or subleased by Company and/or Subsidiary (each, a "Tangible Property Lease"). Company and each Subsidiary of Company has been in peaceable possession of the Tangible Property covered by such Tangible Property Lease since the commencement of the term thereof. (b) Each of the Tangible Property Leases is in full force and effect, except as the same would not, individually or in the aggregate, have a Material Adverse Effect on Company. Company and/or its Subsidiaries have complied with all commitments and obligations on their part to be performed or observed under each of the Tangible Property Leases, except for such noncompliance which would not, individually or in the aggregate, have a Material Adverse Effect on Company. The Company has not received any written notice of a default, offset or counterclaim under any of the Tangible Property Leases.
Tangible Personal Property Leases. Schedule 5.11 sets forth all leases of personal property used or held for use exclusively in the Business to which Seller is a party or by which it is bound (“Personal Property Leases”) involving annual payments in excess of $100,000, other than any Personal Property Leases that have been terminated or will expire by their terms before or upon the Closing or Contracts with Affiliates of Seller that will be terminated before or upon the Closing.
Tangible Personal Property Leases. Section 4.09 of the Disclosure Schedules sets forth all leases of personal property (“Personal Property Leases”) used in or related to the Business. Sellers have a valid and enforceable leasehold interest under each Personal Property Lease under which either of the Sellers is a lessee.
Tangible Personal Property Leases. (a) Schedule 6.11(a) sets forth all leases of personal property (“Personal Property Leases”) involving annual payments in excess of $25,000 relating to personal property used in the business of RxCentric or to which RxCentric is a party or by which the Assets of RxCentric is bound. RxCentric has delivered or otherwise made available to Allscripts true, correct and complete copies of the Personal Property Leases, together with all amendments, modifications or supplements thereto. (b) RxCentric has a valid leasehold interest under each of the Personal Property Leases under which it is a lessee, subject to applicable bankruptcy, insolvency, reorganization, moratorium and similar laws affecting creditors’ rights and remedies generally and subject, as to enforceability, to general principles of equity (regardless of whether enforcement is sought in a proceeding at law or in equity), and there is no default under any Personal Property Lease by RxCentric or, to the best knowledge of RxCentric, by any other party thereto, and no event has occurred that with the lapse of time or the giving of notice or both would constitute a default thereunder, in each case where such default would reasonably be expected to have a Material Adverse Effect. (c) RxCentric has good title to all of the items of tangible personal property reflected on the Balance Sheet (except as sold, consumed or disposed of subsequent to the date thereof in the ordinary course of business consistent with past practice), free and clear of any and all Liens. All such items of tangible personal property which, individually or in the aggregate, are material to the operation of the business of RxCentric are in good condition and in a state of good maintenance and repair (ordinary wear and tear excepted).
Tangible Personal Property Leases. 18 4.21 Intellectual Property. . . . . . . . . . . . . . . . . . . . . . . .18 4.22 Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .19 4.23
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Tangible Personal Property Leases. Indicate any lease agreements with respect to Assets constituting tangible personal property and attach copies of the same. Set forth all Consents of any customer, third party or Governmental Authority required for any Customer Contract or other contract or agreement to be acquired by or assigned to Buyer under this Agreement.
Tangible Personal Property Leases. Until (and including) the Closing, the Parties shall promptly apply for and use commercially reasonable efforts to obtain assignments of all tangible personal property leases on the Assets, from all Persons as may be required for them to consummate the transactions contemplated by this Agreement, including, without limitation, assignments of all vehicle and equipment leases to which the Seller is a party on behalf of the Business or which are used in connection with the Business.
Tangible Personal Property Leases. Seller shall have obtained assignments of all material tangible personal property leases on the Assets. Purchaser shall have been furnished with the written assignments, including, without limitation, assignments of all vehicle and equipment leases which are used in connection with the Business, and copies of any guaranty for the payment by Seller of any amounts due to third parties under such leases, obtained by Seller prior to the consummation of the transactions contemplated hereby.
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