Title to and Interest in Properties. Company and each Company Subsidiary has good and valid title to, or valid leasehold interests in, all of their respective personal and real properties and assets as used in their respective businesses as presently conducted, and all such personal and real properties and assets, other than personal and real properties and assets in which Company or any of the Company Subsidiaries has leasehold interests, are free and clear of all Liens, except for Permitted Liens.
Appears in 4 contracts
Samples: Merger Agreement (Independent Bank Corp /Mi/), Merger Agreement (Chemical Financial Corp), Merger Agreement (Monarch Community Bancorp Inc)
Title to and Interest in Properties. Company and each Company Subsidiary has good and valid title to, or valid leasehold interests in, all of their respective personal Company Real Property and real properties and assets as used in their respective businesses as presently conducted, and all such personal and real properties and assets, other than personal and real properties and assets in which Company or any of the Company Subsidiaries has leasehold interests, are Company-Leased Real Property free and clear of all Liens, except for Permitted Liens.
Appears in 3 contracts
Samples: Merger Agreement (Choiceone Financial Services Inc), Merger Agreement (Macatawa Bank Corp), Merger Agreement (Wintrust Financial Corp)
