Title to Assets; Real Property. (a) Seller does not own any Real Property. Seller has good 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 following (collectively referred to as “Permitted Encumbrances”):
Appears in 2 contracts
Samples: Membership Interest Purchase Agreement (CLS Holdings USA, Inc.), Membership Interest Purchase Agreement
Title to Assets; Real Property. (a) Seller does not own any Real Property. a. Seller has good and valid title to, to the Purchased Assets 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 Datetherein, other than properties and assets sold or otherwise disposed of in the ordinary course of business consistent with past practice since the Balance Sheet DateDate or as disclosed on Schedule 3.7(a). All such properties and assets Purchased Assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Asure Software Inc), Asset Purchase Agreement (Asure Software Inc)
Title to Assets; Real Property. (a) Seller does not own any Real Property. Each Seller has good and valid title to, or a valid leasehold interest in, all of its Real Property and personal property property, including but not limited to Sellers’ Intellectual Property, and other assets reflected in the Annual 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 Encumbrances, except for the following (collectively referred to as “Permitted Encumbrances”):
Appears in 2 contracts
Samples: Asset Purchase Agreement (CompuCredit Holdings Corp), Asset Purchase Agreement (Advance America, Cash Advance Centers, Inc.)
Title to Assets; Real Property. (a) Seller does not own any To Buyer’s knowledge, Buyer has good and valid (and, in the case of owned Real Property. Seller has , 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 Interim 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 following (collectively referred to as “Permitted Encumbrances”):.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Life on Earth, Inc.)
Title to Assets; Real Property. (a) Seller does not own any Real Property. Seller has Companies have good and valid title to, or a valid leasehold interest in, all Real Property and all personal property and other tangible 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 DateDate or which are not material, individually or in the aggregate, to the Seller Companies’ business operations as currently conducted. 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: Share Purchase Agreement (Orbital Energy Group, Inc.)
Title to Assets; Real Property. (a) Seller does not own any Real Property. Seller has good and marketable title to, or a valid leasehold interest in, all Real Property and personal property and all 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 following (collectively referred to as “Permitted Encumbrances”):
Appears in 1 contract
Title to Assets; Real Property. (a) Seller does not own any Real Property. a. Seller has good and valid title to, to the Purchased Assets 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 Datetherein, 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 Purchased Assets (including leasehold interests) are free and clear of Encumbrances except for the following (collectively referred to as “Permitted Encumbrances”):.
Appears in 1 contract