Common use of Title and Condition of Assets; Leases Clause in Contracts

Title and Condition of Assets; Leases. (i) The Gilat Business Entities and the Subsidiaries, taken as a whole, have, and the Company and the Subsidiaries, taken as a whole, as of the Closing Date, will have good title in all of the Assets and, with respect to the tangible Assets, marketable title, free and clear of material Liens, other than the material Liens set forth in Section 4.1(h)(i)(2) of the Disclosure Schedule described above.

Appears in 2 contracts

Samples: Acquisition Agreement (Rstar Corp), Acquisition Agreement (Gilat Satellite Networks LTD)

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Title and Condition of Assets; Leases. (i) The Gilat Business Entities and the SubsidiariesEntities, taken as a whole, have, and the Company and the its Subsidiaries, taken as a whole, as of the Closing Date, will have good title in all of the Assets and, with respect to the tangible Assets, marketable title, free and clear of material Liens, other than the material Liens set forth in Section 4.1(h)(i)(2) of the Disclosure Schedule described above.

Appears in 1 contract

Samples: Acquisition Agreement (Gilat Satellite Networks LTD)

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Title and Condition of Assets; Leases. (i) The Gilat Business Entities and the SubsidiariesEntities, taken as a whole, have, and the Company and or one of the Subsidiaries, taken as a whole, as of the Closing Date, will have have, good title in all of the Assets and, with respect to the tangible Assets, marketable title, title in all of the Assets free and clear of material Liens, other than the material Liens set forth in Section 4.1(h)(i)(24.1(h)(ii)(3) of the Disclosure Schedule described above.

Appears in 1 contract

Samples: Acquisition Agreement (Rstar Corp)

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