Title to Property and Assets. The Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such lease.
Appears in 31 contracts
Samples: Series a Preferred Stock Investment Agreement (Salt Blockchain Inc.), Series Seed Preferred Stock Investment Agreement, Series C Conversion Agreement (NowRx, Inc.)
Title to Property and Assets. The Company owns its properties and assets of the Company are owned by the Company free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which that arise in the ordinary course of business and which do not in any material respect affect material the properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 6 contracts
Samples: Stock Purchase and Investors Rights Agreement (Picturetel Corp), Stock Purchase and Investor Rights Agreement (At Comm Corp), Stock and Warrant Purchase and Investor Rights Agreement (Intel Corp)
Title to Property and Assets. The Company owns its properties and assets the Company owns are owned by the Company free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such lease.
Appears in 5 contracts
Samples: Common Stock Purchase Agreement (Neuropathix, Inc.), Common Stock Purchase Agreement (Telik Inc), Stock Purchase Agreement (Wave Systems Corp)
Title to Property and Assets. The Company owns its properties and assets of the Company are owned by the Company free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests except for (i) statutory liens for the payment of current taxes that are not yet delinquent delinquent, and (ii) liens, encumbrances and security interests which that arise in the ordinary course of business and which do not in any material respect affect material the properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 4 contracts
Samples: Common Stock and Warrant Purchase Agreement (Physiometrix Inc), Common Stock Purchase Agreement (Nutrition 21 Inc), Common Stock Purchase Agreement (Vivus Inc)
Title to Property and Assets. The Except as provided in Section 3.11 of the Disclosure Letter, the Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases.
Appears in 4 contracts
Samples: Series D Preferred Stock Purchase Agreement (Northwest Bancorporation Inc), Series C Preferred Stock and Common Stock Purchase Agreement (Northwest Bancorporation Inc), Series D Preferred Stock Purchase Agreement (Northwest Bancorporation Inc)
Title to Property and Assets. The Company owns its properties and assets of the Company are owned by the Company free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests except for (i) statutory liens for the payment of current taxes that are not yet delinquent and (ii) liens, encumbrances and security interests which that arise in the ordinary course of business and which do not affect material materially detract from the value of the properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 4 contracts
Samples: Securities Purchase Agreement (Iomai Corp), Securities Purchase Agreement (Biopure Corp), Securities Purchase Agreement (Hemosense Inc)
Title to Property and Assets. The Company owns its properties and assets of the Company are owned by the Company free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests except for (i) statutory liens for the payment of current taxes that are not yet delinquent and (ii) liens, encumbrances and security interests which that arise in the ordinary course of business and which do not in any material respect affect material the properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Wet Seal Inc), Securities Purchase Agreement (Globecomm Systems Inc), Securities Purchase Agreement (Stemcells Inc)
Title to Property and Assets. The Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances encum- brances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such lease.
Appears in 3 contracts
Samples: Preferred Stock Investment Agreement, Preferred Stock Investment Agreement, Preferred Stock Investment Agreement
Title to Property and Assets. The Company owns its properties property and assets free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except such encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of materially impair the Company. With respect to the 's ownership or use of such property and assets it leases, the Company is in material compliance with each such leaseor assets.
Appears in 3 contracts
Samples: Stock Purchase Agreement (International Sports Wagering Inc), Stock Purchase Agreement (International Sports Wagering Inc), Stock and Warrant Purchase Agreement (International Sports Wagering Inc)
Title to Property and Assets. The Company owns its properties and assets of the Company are owned by the Company free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which that arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 3 contracts
Samples: Common Stock and Warrant Purchase Agreement (Intel Corp), Common Stock and Warrant Purchase Agreement (Intel Corp), Common Stock and Warrant Purchase Agreement (Xircom Inc)
Title to Property and Assets. The Company owns its properties property and assets free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except such encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of materially impair the Company's ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases and holds a valid leasehold interest free of any liens, claims or encumbrances.
Appears in 2 contracts
Samples: Series C Stock Purchase Agreement (Bam Entertainment Inc), Stock Purchase Agreement (Bam Entertainment Inc)
Title to Property and Assets. The Company owns its properties and assets the Company owns are owned by the Company free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 2 contracts
Samples: Common Stock and Warrant Purchase Agreement (Phoenix Technologies LTD), Common Stock Purchase Agreement (MRV Communications Inc)
Title to Property and Assets. The Company owns its properties property and assets free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except such encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of materially impair the Company’s ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances. The Company does not own any real property.
Appears in 2 contracts
Samples: Convertible Note Purchase Agreement (DoorDash Inc), Convertible Note Purchase Agreement (DoorDash Inc)
Title to Property and Assets. The Company owns its properties property and assets free and clear of all mortgages, deeds of trust, liens, loans, pledges, security interests, claims, equitable interests, charges, and encumbrances, except such encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of materially impair the Company's ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases and, to its knowledge, holds a valid leasehold interest free of any liens, claims, or encumbrances.
Appears in 2 contracts
Samples: Securities Purchase Agreement (C3d Inc), Securities Purchase Agreement (Skyframes Inc)
Title to Property and Assets. The Company owns its properties property and assets free and clear of all mortgages, deeds of trust, liens, loans, pledges, security interests, claims, equitable interests, charges, and encumbrances, except such encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of materially impair the Company's ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases and, to the best of its knowledge, holds a valid leasehold interest free of any liens, claims, or encumbrances.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Vital Living Inc), Securities Purchase Agreement (Skyepharma PLC)
Title to Property and Assets. The Company owns and leases its properties and assets properties. With respect to the property owned by the Company, such property is free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and (i) liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties have a Material Adverse Effect, and assets of the Company(ii) liens, encumbrances and security interests owned by JR. With respect to the property and assets leased by the Company, it leases, the Company is in material compliance with each such lease.
Appears in 2 contracts
Samples: Subscription Agreement (JR Resources Corp.), Subscription Agreement (Dakota Territory Resource Corp)
Title to Property and Assets. The Company owns its properties and assets of the Company are owned by the Company free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests except for (i) statutory liens for the payment of current taxes that are not yet delinquent and (ii) liens, encumbrances and security interests which that arise in the ordinary course of business and which do not in any material respect affect material properties and assets the business of the CompanyCompany as currently conducted. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 1 contract
Samples: Securities Purchase Agreement (Vocaltec Communications LTD)
Title to Property and Assets. The Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which that do not affect material properties and assets of the Company. With respect to the any property and assets it leases, the Company is in material compliance with each such lease.
Appears in 1 contract
Samples: Preferred Stock Agreement
Title to Property and Assets. The Company owns its properties and assets of the Company which are owned by the Company are owned free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, liens and encumbrances and security interests which that arise in the ordinary course of business and which do not affect material properties and assets of the CompanyCompany in a way reasonably likely to have Material Adverse Effect. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 1 contract
Title to Property and Assets. The Company owns its properties and assets of the Company are owned by the Company and, to the Company’s knowledge, are free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests except for (i) liens securing the Senior Notes, (ii) statutory liens for the payment of current taxes that are not yet delinquent and (iii) liens, encumbrances and security interests which arise that are in the ordinary course of business and which do not affect material materially detract from the value of the properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leasetaken as a whole.
Appears in 1 contract
Samples: Securities Purchase Agreement (Tamir Biotechnology, Inc.)
Title to Property and Assets. The Company owns its material properties and assets ---------------------------- the Company owns are owned by the Company free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases.
Appears in 1 contract
Samples: Series a Preferred Stock Purchase Agreement (Asymetrix Learning Systems Inc)
Title to Property and Assets. The Company owns its properties property and ---------------------------- assets free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except such encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of impair the Company's ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases and, holds a valid leasehold interest free of any liens, claims or encumbrances.
Appears in 1 contract
Title to Property and Assets. The Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such lease.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Cannabis Global, Inc.)
Title to Property and Assets. The Company owns its properties and assets of the Company are owned by the Company free and clear of all material mortgages, deeds of trust, liens, charges, encumbrances and security interests except for for: (i) statutory liens for the payment of current taxes that are not yet delinquent delinquent; and (ii) liens, encumbrances and security interests which that arise in the ordinary course of business and which do not in any material respect affect material the properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 1 contract
Title to Property and Assets. The Company owns its properties property and ---------------------------- assets free and clear of all mortgages, deeds of trust, liens, loans and encumbrances, except such encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of materially impair the Company's ownership or use of such property or assets. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 1 contract
Samples: Series Bb Preferred Stock Purchase Agreement (Blaze Software Inc)
Title to Property and Assets. The Company owns its properties and assets the ---------------------------- Company owns are owned by the Company free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such lease.the
Appears in 1 contract
Samples: Series D Preferred Stock Purchase Agreement (Alladvantage Com Inc)
Title to Property and Assets. The Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company, including but not limited to equipment leases. With respect to the property and assets it leases, the Company is in material compliance with each and all such leaseleases.
Appears in 1 contract
Samples: Investment Agreement
Title to Property and Assets. The Company owns its properties and assets of the Company are owned by the Company free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which that arise in the ordinary course of business and which do not in any material respect affect material the properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such lease.leases in all material respects. (o)
Appears in 1 contract
Samples: Stock Purchase and Investor Rights Agreement (Intel Corp)
Title to Property and Assets. The Company owns its properties all of it material property and assets free and clear of all mortgages, deeds of trust, liens, encumbrances loans and security interests encumbrances, except for statutory (i) liens for the payment of current taxes that are or assessments and similar charges not yet delinquent due and lienspayable or contested in good faith or (ii) mechanic’s, encumbrances and security interests which arise material men’s, contractor’s, repairman’s or similar liens arising in the ordinary course of business and which do not affect material properties and assets of the Companybusiness. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases and holds a valid leasehold interest free of any liens, claims or encumbrances.
Appears in 1 contract
Samples: Stock Purchase Agreement (Aspect Software Group Holdings Ltd.)
Title to Property and Assets. The Company owns its properties and assets of the Company are owned by the Company free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests interests, except for (i) statutory liens for the payment of current taxes that are not yet delinquent and (ii) liens, encumbrances and security interests which that arise in the ordinary course of business and which do not in any material respect affect material properties and assets the business of the CompanyCompany as currently conducted. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 1 contract
Samples: Securities Purchase Agreement (Northwest Biotherapeutics Inc)
Title to Property and Assets. The Company owns its properties and assets owned by the Company are owned free and clear of all mortgages, deeds of trust, liens, charges, encumbrances and security interests except for (i) statutory liens for the payment of current taxes that are not yet delinquent and (ii) liens, encumbrances and security interests which that arise in the ordinary course of business and which do not in any material respect affect material the properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases in all material respects.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Smith Micro Software Inc)
Title to Property and Assets. The Company owns its material properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which that do not affect material properties and assets of the Company. With respect to the any property and assets it leases, the Company is in material compliance with each such lease.
Appears in 1 contract
Samples: Subscription Agreement
Title to Property and Assets. The Company owns its properties and assets the ---------------------------- Company owns are owned by the Company free and clear of all mortgages, deeds of trust, liens, encumbrances and security interests except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which arise in the ordinary course of business and which do not affect material properties and assets of the Company. With respect to the property and assets it leases, the Company is in material compliance with each such leaseleases.
Appears in 1 contract
Samples: Common Stock Purchase Agreement (Exodus Communications Inc)