Tangible Property. The Company has good and marketable title to, or a valid leasehold interest in, all equipment, furniture and other tangible assets used in the ordinary course of its business and operations, free and clear of any Encumbrances other than Permitted Encumbrances. All of the assets, owned or leased by the Company are in good working order, ordinary wear and tear excepted, and suitable for the purposes for which they are being used.
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Samples: Exchange Agreement (Brooke Corp), Merger Agreement (Oakmont Acquisition Corp.), Agreement and Plan of Merger (Oakmont Acquisition Corp.)
Tangible Property. The Company has and the Subsidiaries have good and marketable title to, or a valid leasehold interest in, all equipment, furniture and other tangible assets used in the ordinary course of its their respective business and operations, free and clear of any Encumbrances other than Permitted Encumbrances. All of the assets, owned or leased by the Company or any Subsidiary are in good working order, ordinary wear and tear excepted, and suitable for the purposes for which they are being used.. 3.15
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Samples: Stock Purchase Agreement
Tangible Property. The Company has good and marketable title to, or a valid leasehold interest in, in all equipment, furniture and other tangible assets used in the ordinary course of its business and operationsoperations as shown in the Most Recent Financial Statements, free and clear of any Encumbrances other than Permitted Encumbrances. All of the tangible assets, owned or leased by the Company are in good working order, ordinary wear and tear excepted, and are suitable for the purposes for which they are being used.
Appears in 1 contract
Tangible Property. The Company has and the Subsidiaries have good and marketable title to, or a valid leasehold interest in, all equipment, furniture and other tangible assets used in the ordinary course of its their respective business and operations, free and clear of any Encumbrances other than Permitted Encumbrances. All of the assets, owned or leased by the Company or any Subsidiary are in good working order, ordinary wear and tear excepted, and suitable for the purposes for which they are being used.
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