Common use of Title to Personal Properties Clause in Contracts

Title to Personal Properties. (a) The Seller Disclosure Schedule sets forth a complete and accurate list of all personal properties and assets of Seller as of the date of this Agreement (“Personal Property”), in each case with a current fair market value in excess of $500, specifying whether such Personal Property is owned or leased and, in the case of leased assets, indicating the parties to, execution dates of and annual payments under, the lease. (b) With respect to Personal Property that Seller purports to own including all Personal Property reflected as owned on the Balance Sheet (other than inventory sold in the ordinary course of the Business since the date thereof), Seller has good and transferable title to all such Personal Property, free and clear of all Liens except for Permitted Liens. (c) All leases under which Personal Property is leased are in full force and effect and constitute valid and binding obligations of the other party(ies) thereto, and neither Seller nor, to Seller’s Knowledge, any other party thereto, is in breach of any of the terms of any such lease.

Title to Personal Properties. (a) The Seller Disclosure Schedule sets forth a complete and accurate list of all personal properties and assets of Seller (“Personal Property”) that are Purchased Assets as of the date of this Agreement (“Personal Property”), in each case with a current fair market value in excess of $500Agreement, specifying whether whether, and by which Seller, such Personal Property is owned or leased and, in the case of leased assets, indicating the parties to, execution dates of and annual payments under, the lease. (b) With respect to Personal Property that Seller it purports to own including all Personal Property reflected as owned on the Interim Balance Sheet (other than inventory sold in the ordinary course of the Business since the date thereof), . Seller has good and transferable title to all such Personal Property, free and clear of all Liens except for Permitted Liens. (c) All leases under which Personal Property is leased are in full force and effect and constitute valid and binding obligations of the other party(ies) thereto, and neither Seller nor, to Seller’s Knowledge, any other party thereto, is in breach of any of the terms of any such lease.

Title to Personal Properties. (a) The Seller Disclosure Schedule sets forth a complete and accurate list of all personal properties and assets of Seller as of the date of this Agreement (“Personal Property”), in each case with a current fair market value in excess of $50020,000, specifying whether such Personal Property is owned or leased and, in the case of leased assets, indicating the parties to, execution dates of and annual payments under, the lease. (b) With respect to Personal Property that Seller purports to own including all Personal Property reflected as owned on the Balance Sheet (other than inventory sold in the ordinary course of the Business since the date thereof), Seller has good and transferable title to all such Personal Property, free and clear of all Liens except for Permitted Liens. (c) All leases under which Personal Property is leased are in full force and effect and constitute valid and binding obligations of the other party(ies) thereto, and neither Seller nor, to Seller’s Knowledge, any other party thereto, is in breach of any of the terms of any such lease.

Title to Personal Properties. (a) The Seller Disclosure Schedule sets forth a complete and accurate list of all personal properties and assets of Seller ("Personal Property") that are Purchased Assets as of the date of this Agreement (“Personal Property”)Agreement, in each case with a current fair market value in excess of $50010,000, specifying whether such Personal Property is owned or leased and, in the case of leased assets, indicating the parties to, execution dates of and annual payments under, the lease. (b) With respect to Personal Property that Seller it purports to own including all Personal Property reflected as owned on the Interim Balance Sheet (other than inventory sold in the ordinary course of the Business since the date thereof), Seller has good and transferable title to all such Personal Property, free and clear of all Liens except for Permitted Liens. (c) All leases under which Personal Property is leased are in full force and effect and constitute valid and binding obligations of the other party(ies) thereto, and neither Seller nor, to Seller’s 's Knowledge, any other party thereto, is in breach of any of the terms of any such lease.