Title to Personal Properties. (a) With respect to material personal properties and assets that are owned by the Company (“Owned Personal Property”), including all such properties and assets reflected as owned on the Most Recent Financial Statements (other than inventory sold in the ordinary course of business since the date thereof), the Company has good and valid title to all of such properties and assets, free and clear of all Liens other than Permitted Liens.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Blue Earth Solutions, Inc.), Stock Purchase Agreement (Pemco Aviation Group Inc)
Title to Personal Properties. (a) With respect to material personal properties and assets that are owned by the Company (“"Owned Personal Property”"), including all such properties and assets reflected as owned on the Most Recent Financial Statements (other than inventory sold in the ordinary course of business since the date thereof), the Company has good and valid title to all of such properties and assets, free and clear of all Liens other than Permitted Liens.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Datameg Corp), Stock Purchase Agreement (Datameg Corp)
Title to Personal Properties. (a) With respect to material personal properties and assets that are owned by the Company (“Owned Personal Property”)they purport to own, including all such properties and assets reflected as owned on the Most Recent Financial Statements Company Balance Sheet (other than inventory sold and items of obsolete equipment disposed of in the ordinary course of business since the date thereof), the Company or one of its Subsidiaries has good and valid title to all of such properties and assets, free and clear of all Liens other than Permitted Liens.. "
Appears in 1 contract
Samples: Agreement and Plan of Merger (Jag Media Holdings Inc)
