Title and Condition to Assets. Each of TX China and the TX China Subsidiaries has good and marketable title to all the assets owned by it. Except as set forth in Section 3.09 of the Disclosure Schedule, none of their Major Assets is subject to any Security Interest, option to purchase or lease, restriction, or imperfection of title or material adverse claim.
Appears in 4 contracts
Samples: Equity Acquisition Agreement (Tongxin International, Ltd.), Equity Acquisition Agreement (Tongxin International, Ltd.), Equity Acquisition Agreement (Asia Automotive Acquisition Corp.)
Title and Condition to Assets. Each of TX China and the TX China Subsidiaries has good and marketable title to all the assets owned by it. Except as set forth in Section 3.09 of the Disclosure Schedule, none of their Major Assets is subject to any Security Interest, option to purchase or lease, restriction, or imperfection of title or material adverse claim.. Section 3.10
Appears in 1 contract
Samples: Equity Acquistion Agreement
