Title; Personal Property. Each Group Company has good and valid title to all of its respective assets, whether tangible or intangible, in each case free and clear of all Liens, other than Permitted Liens. The foregoing assets collectively represent all assets (including all rights and properties) necessary for the conduct of the business of each Group Company as presently conducted. Except for leased or licensed assets, no Person other than a Group Company owns any interest in any such assets. All leases of real or personal property to which a Group Company is a party are fully effective and afford the Group Company valid leasehold possession of the real or personal property that is the subject of the lease. There are no material facilities, services, assets or properties which are used in connection with the business of the Group, on which the Company is dependent and which are shared with any other Person that is not a Group Company.
Appears in 5 contracts
Samples: Series D+ Preferred Share and Warrant Purchase Agreement (WeRide Inc.), Preferred Share Purchase Agreement (WeRide Inc.), Ordinary Share Purchase Agreement (WeRide Inc.)
