Title to Assets; Leases. (a) Except as described in Section 2.17(a) of the Company Disclosure Schedule, the Company and each of its Subsidiaries has good and marketable title to or the legal right to use all of their real or personal properties (whether owned or leased) and assets, free and clear of all Liens.
Appears in 4 contracts
Samples: Agreement and Plan of Merger (Active Software Inc), Agreement and Plan of Merger (Webmethods Inc), Agreement and Plan of Merger (Webmethods Inc)
Title to Assets; Leases. (a) Except as described in Section 2.17(a) of the Company Disclosure Schedule, the Company and each of its Subsidiaries has good and marketable title to or the legal right to use all of their real or personal properties (whether owned or leased) and assets, free and clear of all Liens.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (America Online Inc), Agreement and Plan of Merger (Mapquest Com Inc)
Title to Assets; Leases. (a) Except as described in Section 2.17(a2.15(a) of the Company Disclosure Schedule, the Company and each of its Subsidiaries has good and marketable title to or the legal right to use all of their material real or personal properties (whether owned or leased) ), rights and assets, free and clear of all Liens, except for Liens for current taxes and assessments not yet due and payable and except for Liens or other claims not exceeding US$25,000 individually or US$100,000 in the aggregate.
Appears in 1 contract
Samples: Agreement and Plan of Merger (United Microelectronics Corp)
Title to Assets; Leases. (a) Except as described in Section 2.17(a4.16(a) of the Company Disclosure Schedule, the Company and each of its Subsidiaries has good and marketable title to or the legal right to use all of their real or material personal properties (whether owned or leased) ), rights and assets, free and clear of all Liens. The Company does not own and has never owned any real property and has not received any notice of any Lien with respect to any of its leasehold interests.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Orthofix International N V)
Title to Assets; Leases. (a) Except as described in Section 2.17(a2.18(a) of the Company Disclosure Schedule, the Company and each of its Subsidiaries has good and marketable title to or the legal right to use all of their real or personal properties (whether owned or leased) and assets, free and clear of all Liens.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Infodata Systems Inc)
Title to Assets; Leases. (a) Except as described in Section 2.17(a4.16(a) of the Company Disclosure Schedule, the Company and each of its Subsidiaries has good and marketable title to or the legal right to use all of their its real or personal properties (whether owned or leased) ), rights and assets, free and clear of all Liens. The Company does not currently own nor has ever owned any real property or interest therein, nor has received any notice of any Lien with respect to any of its leasehold interests.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Medicis Pharmaceutical Corp)
Title to Assets; Leases. (a) Except as described in Section 2.17(a2.15(a) of the Company Disclosure Schedule, the Company and each of its Subsidiaries has good and marketable title to or the legal right to use all of their material real or personal properties (whether owned or leased) ), rights and assets, free and clear of all Liens, except for Liens for current taxes and assessments not yet due and payable and except for Liens or other claims not exceeding $25,000 individually or $100,000 in the aggregate.
Appears in 1 contract
Title to Assets; Leases. (a) Except as described in Section 2.17(a3.14(a) of the Company Disclosure Schedule, the Company and each of its Subsidiaries has good and marketable title to or the legal right to use all of their real or personal properties (whether owned or leased) and assets, free and clear of all Liens.
Appears in 1 contract
