Common use of Title to Assets and Related Matters Clause in Contracts

Title to Assets and Related Matters. The Company has good and marketable title to, or valid leasehold interests in, all of its Assets (including the Real Property identified in Section 4.7), free from any Encumbrances except those specified on SCHEDULE 4.6. The use of the Assets is not subject to any Encumbrances (other than those specified in the preceding sentence), and such use does not materially encroach on the property or rights of anyone else. All Real Property and tangible personal property (other than Inventory) of the Company are suitable for the purposes for which they are used, in good working condition and reasonable repair, free from any known defects.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ibah Inc)

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Title to Assets and Related Matters. The Each Group Company has good and marketable title to, or valid leasehold interests in, all of its Assets (including the Real Property identified in Section 4.7defined below), free from any Encumbrances except those specified on SCHEDULE 4.6. The use of the Assets is not subject to any Encumbrances (other than those specified in the preceding sentence), and such use does not materially encroach on the property or rights of anyone else. All Real Property and tangible personal property (other than Inventoryinventory) of the each Group Company are is suitable for the purposes for which they are it is used, in good working condition and reasonable repair, free from any known defects, except such minor defects that would not have a material adverse effect fair wear and tear accordingly to age and usage excepted.

Appears in 1 contract

Samples: Share Purchase Agreement (Pamarco Technologies Inc)

Title to Assets and Related Matters. The Each Company has good and marketable title to, or valid leasehold interests in, or valid licenses to use, all of its Assets (including the Real Property identified in Section 4.7), free from any Encumbrances except those specified on SCHEDULE 4.6. The use of the Assets is not subject to any Encumbrances (other than those specified in the preceding sentence), and such use does not materially encroach on the property or rights of anyone else. All Real Property and tangible personal property (other than Inventory) of the each Company are suitable for the purposes for which they are used, in good working condition and reasonable repair, free from any known defectsdefects other than those incurred in the ordinary course of business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pamarco Technologies Inc)

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Title to Assets and Related Matters. The Company has good and marketable title to, or valid leasehold interests in, all of its Assets (including the Real Property identified in Section 4.74.8), free from any Encumbrances except those specified on SCHEDULE 4.64.7. The use of the Assets is not subject to any Encumbrances (other than those specified in the preceding sentence), and such use does not materially encroach on the property or rights of anyone else. All Real Property and tangible personal property (other than Inventoryinventory) of the Company are suitable for the purposes for which they are used, in good working condition and reasonable repair, free from any known defects.

Appears in 1 contract

Samples: Stock Purchase Agreement (Pamarco Technologies Inc)

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