Common use of Tangible Properties and Assets Clause in Contracts

Tangible Properties and Assets. (a) LSBG Disclosure Schedule 3.25(a) sets forth a true, correct and complete list of all real property owned by LSBG or any of its Subsidiaries. Except as set forth in LSBG Disclosure Schedule 3.25(a), and except for properties and assets disposed of in the ordinary course of business or as permitted by this Agreement, LSBG or one of its Subsidiaries has good and clear record and marketable title to, valid leasehold interests in or otherwise legally enforceable rights to use all of the real property, personal property and other assets (tangible or intangible), used, occupied and operated or held for use by it in connection with its business as presently conducted in each case, free and clear of any Lien, except for (i) statutory Liens for amounts not yet delinquent and (ii) Liens incurred in the ordinary course of business or imperfections of title, easements and encumbrances, if any, that, individually and in the aggregate, are not material in character, amount or extent, and do not materially detract from the value and do not materially interfere with the present use, occupancy or operation of any material asset.

Tangible Properties and Assets. (ai) LSBG Section 5.01(v)(i) of the Company Disclosure Schedule 3.25(a) sets forth a true, correct and complete list of all real property owned by LSBG the Company or any of its SubsidiariesCompany Subsidiary. Except as set forth in LSBG Section 5.01(v)(i) of the Company Disclosure Schedule 3.25(a)Schedule, and except for properties and assets disposed of in the ordinary course of business or as permitted by this Agreement, LSBG or one each of its the Company and the Company Subsidiaries has good and clear record and marketable title to, valid leasehold interests in or otherwise legally enforceable rights to use all of the real property, personal property and other assets (tangible or intangible), used, occupied and operated or held for use by it in connection with its business as presently conducted in each case, free and clear of any Lien, except for (iA) statutory Liens for amounts not yet delinquent and (iiB) Liens incurred in the ordinary course of business or imperfections of title, easements and encumbrances, if any, that, individually and in the aggregate, are not material in character, amount or extent, and do not materially detract from the value and do not materially interfere with the present use, occupancy or operation of any material asset.

Tangible Properties and Assets. (a) LSBG Northmark Disclosure Schedule 3.25(a3.23(a) sets forth a true, correct and complete list of all real property owned by LSBG Northmark or any of its Subsidiaries. Except as set forth in LSBG Northmark Disclosure Schedule 3.25(a3.23(a), and except for properties and assets either held as OREO, disposed of in the ordinary course of business or as permitted by this Agreement, LSBG or one each of Northmark and its Subsidiaries has good and clear record and marketable title to, valid leasehold interests in or otherwise legally enforceable rights to use all of the real property, personal property and other assets (tangible or intangible), used, occupied and operated or held for use by it in connection with its business as presently conducted in each case, free and clear of any Lien, except for (i) statutory Liens for amounts not yet delinquent and (ii) Liens incurred in the ordinary course of business or imperfections of title, easements and encumbrances, if any, that, individually and in the aggregate, are not material in character, amount or extent, extent and do not materially detract from the value and do not materially interfere with the present use, occupancy or operation of any material asset.

Tangible Properties and Assets. (a) LSBG Wellesley Disclosure Schedule 3.25(a3.24(a) sets forth a true, correct and complete list of all real property owned by LSBG Wellesley or any of its Subsidiaries. Except as set forth in LSBG Wellesley Disclosure Schedule 3.25(a3.24(a), and except for properties and assets disposed of in the ordinary course of business or as permitted by this Agreement, LSBG Wellesley or one any of its Subsidiaries has good and clear record and marketable title to, valid leasehold interests in or otherwise legally enforceable rights to use all of the real property, personal property and other assets (tangible or intangible), used, occupied and operated or held for use by it in connection with its business as presently conducted in each case, free and clear of any Lien, except for (i) statutory Liens for amounts not yet delinquent and (ii) Liens incurred in the ordinary course of business or imperfections of title, easements and encumbrances, if any, that, individually and in the aggregate, are not material in character, amount or extent, and do not materially detract from the value and do not materially interfere with the present use, occupancy or operation of any material asset.

Tangible Properties and Assets. (a) LSBG EBNJ Disclosure Schedule 3.25(a3.23(a) sets forth a true, correct and complete list of all real property owned by LSBG EBNJ or any of its Subsidiaries. Except as set forth in LSBG EBNJ Disclosure Schedule 3.25(a3.23(a), and except for properties and assets disposed of in the ordinary course of business or as permitted by this Agreement, LSBG EBNJ or one any of its Subsidiaries has good and clear record and marketable title to, valid leasehold interests in or otherwise legally enforceable rights to use all of the real property, personal property and other assets (tangible or intangible), used, occupied and operated or held for use by it in connection with its business as presently conducted in each case, free and clear of any Lien, except for (i) statutory Liens for amounts not yet delinquent and (ii) Liens incurred in the ordinary course of business or imperfections of title, easements and encumbrances, if any, that, individually and in the aggregate, are not material in character, amount or extent, and do not materially detract from the value and do not materially interfere with the present use, occupancy or operation of any material asset.