Common use of Title to Personal Property Clause in Contracts

Title to Personal Property. The Company has good and marketable title to the material tangible personal property owned by the Company, in each case subject to no mortgage, pledge, lien, security interest, lease, encumbrance or charge, and (ii) with respect to the material tangible personal property it leases, the Company is in compliance in all material respects with the applicable lease and holds a valid leasehold interest free of any liens, security interest, claims or encumbrances.

Title to Personal Property. The Company possesses, and has good and marketable title to, all personal property reasonably necessary for the continued operation of the Company Business as presently conducted and as represented to the Parent, including all the Company Assets. 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 other Company Assets are owned by the Company, in each case subject to no mortgage, pledge, lien, security interest, lease, encumbrance or charge, Company free and (ii) with respect to the material tangible personal property it leases, the Company is in compliance in clear of all material respects with the applicable lease and holds a valid leasehold interest free of any liens, security interest, claims or encumbrancesLiens.

Title to Personal Property. The Each of the Company and the Subsidiaries has good and marketable title to the material tangible or a valid and enforceable leasehold interest in, or a contractual or common law right to use, all personal property owned by the Company, in each case subject to no mortgage, pledge, lien, security interest, lease, encumbrance or charge, and (ii) with respect material to the material tangible personal property it leasesoperation of its business, the Company is in compliance in free and clear of all material respects with the applicable lease and holds a valid leasehold interest free of any liens, security interest, claims or encumbrancesLiens other than Permitted Liens.

Title to Personal Property. The Company has good and marketable title to all of the material Inventory, equipment and other tangible personal property owned by the Companythat it owns and purports to own, in each case subject to no mortgage, pledge, lien, security interest, lease, encumbrance or chargefree clear of all Liens other than Permitted Liens, and (ii) with respect has valid and enforceable contractual rights to hold and use all of the material other tangible personal property used or held for use by it leases, in the Company is in compliance in all material respects with operation of the applicable lease and holds a valid leasehold interest free of any liens, security interest, claims or encumbrancesFacility.

Title to Personal Property. The Company and its Subsidiaries has good and marketable valid title to the material tangible personal property owned by the Companyto, or, in each the case subject to no mortgageof leased personal properties and assets, pledgevalid leasehold or subleasehold interests in, lien, security interest, lease, encumbrance all of its material personal properties and assets used or charge, and (ii) with respect to held for use in the material tangible personal property it leases, business of the Company is in compliance in all material respects with the applicable lease and holds a valid leasehold interest its Subsidiaries, free and clear of any liensLiens, security interest, claims or encumbrancesexcept for Permitted Liens.