Common use of Title to Personal Property and Encumbrances Clause in Contracts

Title to Personal Property and Encumbrances. The Target possesses, and has good and marketable title to all personal property necessary for the continued operation of the Business as presently conducted and as represented to the Purchaser, including all Target Assets reflected in the Target Financial Statements or acquired since the Target Accounting Date. All such property is in reasonably good operating condition (normal wear and tear excepted), and is reasonably fit for the purposes for which such property is presently used. All material equipment, furniture, fixtures and other tangible personal property and Target Assets owned or leased by the Target are owned by the Target, free and clear of all Encumbrances, except as disclosed in the Target Disclosure Statement.

Title to Personal Property and Encumbrances. The Target possesses, and has good and marketable title to all personal property necessary for the continued operation of the Business as presently conducted and as represented to the Purchaser, including all Target Assets assets reflected in the Target Financial Statements or acquired since the Target Accounting Date. All such property is in reasonably good operating condition (normal wear and tear excepted), and is reasonably fit for the purposes for which such property is presently used. All material equipment, furniture, fixtures and other tangible personal property and Target Assets assets owned or leased by the Target are is owned by the Target, Target free and clear of all Encumbrances, except as disclosed in the Target Disclosure Statement.

Title to Personal Property and Encumbrances. The Each of the Target and Thinkwill possesses, and has good and marketable title to all personal property necessary for the continued operation of the Business as presently conducted and as represented to the Purchaser, including all Target Assets assets reflected in the Target Financial Statements or acquired since the Target Accounting Date. All such property is in reasonably good operating condition (normal wear and tear excepted), and is reasonably fit for the purposes for which such property is presently used. All material equipment, furniture, fixtures and other tangible personal property and Target Assets assets owned or leased by the Target are or Thinkwill is owned by the TargetTarget or Thinkwill, as applicable, free and clear of all Encumbrances, except as disclosed in the Target Disclosure Statement.

Title to Personal Property and Encumbrances. The To the best knowledge of the Target, the Target possesses, and has good and marketable title to to, all personal property necessary for the continued operation of the Business as presently conducted and as represented to the Purchaser, including all Target Assets reflected in the Target Financial Statements or acquired since the Target Accounting Date. All such property is in reasonably good operating condition (normal wear and tear excepted), and is reasonably fit for the purposes for which such property is presently used. All material equipment, furniture, fixtures and other tangible personal property and Target Assets owned or leased by the Target are owned or leased by the Target, as applicable, free and clear of all Encumbrances, except as otherwise disclosed in to the Target Disclosure StatementPurchaser.

Title to Personal Property and Encumbrances. The Target possesses, and has good and marketable title to all personal property necessary for the continued operation of the Business as presently conducted and as represented to the Purchaser, including all Target Assets assets reflected in the Target Financial Statements or acquired since the Target Accounting Date. All such property is in reasonably good operating condition (normal wear and tear excepted), and is reasonably fit for the purposes for which such property is presently used. All material equipment, furniture, fixtures and other tangible personal property and Target Assets assets owned or leased by the Target are is owned by the Target, Target free and clear of all Encumbrances, except as disclosed in the Target Disclosure Statementdocument.

Title to Personal Property and Encumbrances. The Target possesses, and has good and marketable title to all personal property necessary for the continued operation of the Business as presently conducted and as represented to the Purchaser, including all Target Assets assets reflected in the Target Financial Statements or acquired since the Target Accounting Date. All such property is in reasonably good operating condition (normal wear and tear excepted), and is reasonably fit for the purposes for which such property is presently used. All material equipment, furniture, fixtures and other tangible personal property and Target Assets assets owned or leased by the Target are owned by the Target, Target free and clear of all Encumbrances, except as disclosed in the Target Disclosure Statement.