Common use of Title to and Interest in Properties Clause in Contracts

Title to and Interest in Properties. Except with such exceptions that have not had, and would not reasonably be expected to have, individually or in the aggregate, a Firstbank Material Adverse Effect, Firstbank and each Firstbank 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 Firstbank or any of the Firstbank Subsidiaries has leasehold interests, are free and clear of all Liens, except for Permitted Liens. Firstbank and each Firstbank Subsidiary has complied in all material respects with the terms of all leases to which it is a party. All material leases to which Firstbank or any Firstbank Subsidiary is a party and under which it is in possession of any personal or real property are valid and binding contracts and are in full force and effect and neither Firstbank nor any Firstbank Subsidiary has received any written notice alleging violation, breach, or default of such lease. Firstbank and each Firstbank Subsidiary is in possession of the properties or assets purported to be leased under all its material leases. The tangible personal and real property and assets of Firstbank and all Firstbank Subsidiaries are in good operating condition and repair, reasonable wear and tear excepted, and subject to maintenance and repair in the ordinary course of business consistent with past practice, are adequate for the uses to which they are being put.

Title to and Interest in Properties. Except with such exceptions that have not had, and would not reasonably be expected to have, individually or in the aggregate, a Firstbank CBC Material Adverse Effect, Firstbank CBC and each Firstbank CBC 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 Firstbank CBC or any of the Firstbank CBC Subsidiaries has leasehold interests, are free and clear of all Liens, except for Permitted Liens. Firstbank CBC and each Firstbank CBC Subsidiary has complied in all material respects with the terms of all leases to which it is a party. All material leases to which Firstbank CBC or any Firstbank CBC Subsidiary is a party and under which it is in possession of any personal or real property are valid and binding contracts and are in full force and effect and neither Firstbank CBC nor any Firstbank CBC Subsidiary has received any written notice alleging violation, breach, or default of such lease. Firstbank CBC and each Firstbank CBC Subsidiary is in possession of the properties or assets purported to be leased under all its material leases. The tangible personal and real property and assets of Firstbank CBC and all Firstbank CBC Subsidiaries are in good operating condition and repair, reasonable wear and tear excepted, and and, subject to maintenance and repair in the ordinary course of business consistent with past practice, are adequate for the uses to which they are being put.

Title to and Interest in Properties. Except with such exceptions that have not had, and would not reasonably be expected to have, individually or in the aggregate, a Firstbank ChoiceOne Material Adverse Effect, Firstbank ChoiceOne and each Firstbank ChoiceOne 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 Firstbank ChoiceOne or any of the Firstbank ChoiceOne Subsidiaries has leasehold interests, are free and clear of all Liens, except for Permitted Liens. Firstbank ChoiceOne and each Firstbank ChoiceOne Subsidiary has complied in all material respects with the terms of all leases to which it is a party. All material leases to which Firstbank ChoiceOne or any Firstbank ChoiceOne Subsidiary is a party and under which it is in possession of any personal or real property are valid and binding contracts and are in full force and effect and neither Firstbank ChoiceOne nor any Firstbank ChoiceOne Subsidiary has received any written notice alleging violation, breach, or default of such lease. Firstbank ChoiceOne and each Firstbank ChoiceOne Subsidiary is in possession of the properties or assets purported to be leased under all its material leases. The tangible personal and real property and assets of Firstbank ChoiceOne and all Firstbank ChoiceOne Subsidiaries are in good operating condition and repair, reasonable wear and tear excepted, and and, subject to maintenance and repair in the ordinary course of business consistent with past practice, are adequate for the uses to which they are being put.