Common use of Title to Assets; Real Property Clause in Contracts

Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and personal property and other assets reflected in the Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Synalloy Corp)

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Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and personal property and other assets reflected in the Audited Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. The Company does not own any Real Property. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (AgEagle Aerial Systems Inc.)

Title to Assets; Real Property. (a) The Company Purchaser and the Corporation has good and valid (and, in the case of owned Real Propertyreal property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property real property and personal property and other assets reflected in the Financial Statements audited financial statements or acquired after the Balance Sheet Datelatest balance sheet date as indicated in the Public Disclosure Record, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrancesbalance sheet date.

Appears in 1 contract

Samples: Share Purchase Agreement

Title to Assets; Real Property. (a) The Each Property Company has good and valid (and, in the case of owned Real Propertyreal property, good and marketable fee simple) , title to, or a valid leasehold interest in, all Real Property real property and personal property and other assets reflected in the Partnership Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances.”):

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (MacKenzie Realty Capital, Inc.)

Title to Assets; Real Property. (a) The Company has Bank and its Subsidiaries have good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and tangible personal property and other assets reflected in the Audited Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Interim Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.following:

Appears in 1 contract

Samples: Stock Purchase Agreement (First Bancshares Inc /MS/)

Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and personal property and other assets reflected in the Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course Ordinary Course of business consistent with past practice Business since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances.”):

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Blue Star Foods Corp.)

Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, to all Real Property and personal property and other assets reflected in the Financial Statements or acquired after the Balance Sheet Date, or a valid leasehold interest therein, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Asure Software Inc)

Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and personal property and other assets reflected in the Audited Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Intellinetics, Inc.)

Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and tangible personal property and other assets reflected in the Audited Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances Liens except for the following (collectively referred to as “Permitted Encumbrances.Liens”):

Appears in 1 contract

Samples: Stock Purchase Agreement (Martin Midstream Partners Lp)

Title to Assets; Real Property. (ai) The Company has Companies have good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest inin or right to use, all Real Property and personal property and other assets reflected in the Audited Financial Statements or acquired after the Balance Sheet Datemost recent Audited Financial Statements, other than properties property and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Datemost recent Audited Financial Statements. All such properties and assets (including leasehold interests) are free and clear of Encumbrances Liens except for the Permitted EncumbrancesLiens.

Appears in 1 contract

Samples: Investment Agreement (Tecnoglass Inc.)

Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and personal property and other assets reflected in the Financial Statements Acquired Company Balance Sheets or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Spar Group Inc)

Title to Assets; Real Property. (a) The Each Company has good and valid (andtitle in and to its respective financial interest, in beneficial ownership or securities held by each of the case of owned Real Property, good and marketable fee simple) title toCompanies, or a valid leasehold interest in, all Real Property and personal property and other assets reflected in the Financial Statements or acquired after the Balance Sheet DateStatements, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Datepractice. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Zabala Farms Group, LLC)

Title to Assets; Real Property. (a) The Each Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all of its respective Real Property and Property, tangible personal property property, and other assets reflected in the Financial Statements or acquired after the Balance Sheet Datematerial assets. Except as set forth on Schedule 4.12, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All all such properties and assets (including leasehold interests) are free and clear of Encumbrances Liens, except for the applicable Permitted Encumbrances, if any. All tangible personal property and other assets are in reasonable repair and operating condition for their current use, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Spark Energy, Inc.)

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Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and good and valid title to all personal property property, including but not limited to Company Intellectual Property, and other assets reflected in the Unaudited Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bio Key International Inc)

Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property Property, Additional Assets and personal property and other assets reflected in the Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Spendsmart Networks, Inc.)

Title to Assets; Real Property. (a) The Company Group has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and good and valid title to all personal property property, including but not limited to Company Intellectual Property, and other assets reflected in the Unaudited Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Bio Key International Inc)

Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold or license interest in, all Real Property and personal property and other assets reflected in used by it, located on its premises, whether or not shown on the Financial Statements Most Recent Balance Sheet or acquired after the Balance Sheet Datedate thereof, other than properties and assets sold or otherwise unless disposed of since the date thereof in the ordinary course Ordinary Course of business consistent with past practice since the Balance Sheet DateBusiness. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively, the “Permitted Encumbrances.”):

Appears in 1 contract

Samples: Agreement and Plan of Merger (Patriot National, Inc.)

Title to Assets; Real Property. (a) The Company Each of the Acquired Companies has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and tangible personal property and other assets reflected in the Financial Statements Balance Sheet or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice practices for fair value since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.following:

Appears in 1 contract

Samples: Stock Purchase Agreement (Amc Entertainment Holdings, Inc.)

Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property and material personal property and other assets reflected in the Year-End Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business or consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted Encumbrances.

Appears in 1 contract

Samples: Agreement and Plan of Merger (VistaGen Therapeutics, Inc.)

Title to Assets; Real Property. (a) The Company has good and valid (and, in the case of owned Real Propertyreal property, good and marketable fee simple) title to, or a valid leasehold interest in, all Real Property real property and tangible personal property and other assets reflected in the Financial Statements or acquired after the Balance Sheet Date, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet Date. All such properties and assets (including leasehold interests) are free and clear of Encumbrances except for the Permitted EncumbrancesLiens.

Appears in 1 contract

Samples: Equity Exchange Agreement (Collective Audience, Inc.)

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