Common use of Title Leased Assets Clause in Contracts

Title Leased Assets. Except as described in Exhibit 2.08 hereto, Purchaser owns its assets, and its real and personal property leaseholds, free and clear of all liens, claims and encumbrances, except for (I) liens for non-delinquent ad valorem taxes or non-delinquent statutory liens arising other than by reason of its default, and (ii) such liens, minor imperfections of title or easements on real property, leasehold estates or personalty as do not in any material respect detract from the value thereof and do not interfere with the present use of the properties subject thereof. Such assets and leaseholds are the only ones necessary for the conduct of Purchaser's business as now being conducted.

Title Leased Assets. Except as described in Exhibit 2.08 2.12 hereto, Corporation and Purchaser owns its assets, and its real and personal property leaseholds, free and clear of all liens, claims and encumbrances, except for (Ii) liens for non-delinquent ad valorem taxes or non-delinquent statutory liens arising other than by reason of its default, and (ii) such liens, minor imperfections of title or easements on real property, leasehold estates or personalty as do not in any material respect detract from the value thereof and do not interfere with the present use of the properties subject thereof. Such assets and leaseholds are the only ones necessary for the conduct of Purchaser's Corporation and Purchaser business as now being conducted.

Title Leased Assets. Except as described in Exhibit 2.08 3.05 hereto, Purchaser REP-T owns its assets, and its real and personal property leaseholds, free and clear of all liens, claims and encumbrances, except for (Ii) liens for non-delinquent ad valorem taxes or non-delinquent statutory liens arising other than by reason of its default, and (ii) such liens, minor imperfections of title or easements on real property, leasehold estates or personalty as do not in any material respect detract from the value thereof and do not interfere with the present use of the properties subject thereof. Such assets and leaseholds are the only ones necessary for the conduct of PurchaserREP-T's business as now being conducted.