Title to Property and Assets. The Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances, security interests and claims 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 compliance with such leases and, to the best of the Company's knowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 5 contracts
Samples: Securities Purchase Agreement (PRB GasTransportation, Inc.), Stock Purchase Agreement (Globecomm Systems Inc), Stock Purchase Agreement (Globecomm Systems Inc)
Title to Property and Assets. The Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances, security interests and claims 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 compliance with such leases and, to the best of the Company's knowledgeKnowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 5 contracts
Samples: Series a Convertible Preferred Stock Purchase Agreement (Net Value Holdings Inc), Series a Convertible Preferred Stock Purchase Agreement (Net Value Holdings Inc), Preferred Stock Purchase Agreement (Net Value Holdings 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, security interests and claims except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which liens that 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 compliance with such leases and, to the best of the Company's its knowledge, the Company holds a valid leasehold interests in such assets interest free of any liens, encumbrances, security interests claims or claims of any party encumbrances other than to the lessors of such property and or assets.
Appears in 4 contracts
Samples: Stock and Warrant Purchase Agreement (Winc, Inc.), Series a 1 Preferred Stock Purchase Agreement, Share Purchase Agreement (WhiteSmoke, 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, security interests and claims except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which liens that 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, if any, the Company is in compliance with such leases and, to the best of the Company's ’s knowledge, the Company holds a valid leasehold interests in such assets interest free of any liens, encumbrances, security interests claims or claims of any party encumbrances other than to the lessors of such property and or assets.
Appears in 4 contracts
Samples: Unsecured Pik Convertible Notes Purchase Agreement (Uber Technologies, Inc), Unsecured Pik Convertible Notes Purchase Agreement (Uber Technologies, Inc), Unsecured Pik Convertible Notes Purchase Agreement (Uber Technologies, 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, security interests and claims except for statutory liens for the payment of current taxes that are not yet delinquent and liens, such encumbrances and security interests which liens that arise in the Company’s 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. Each material lease or agreement to which the Company is a party which is a lease of real or personal property is a valid and existing agreement and the Company is not in default of any material term thereof. With respect to the property and assets it leases, the Company is in compliance with such leases and, to the best knowledge of the Company's knowledge, the Company holds a valid leasehold interests in such assets interest free of any liens, claims or encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 3 contracts
Samples: Senior Convertible Demand Promissory Note Purchase Agreement, Senior Convertible Demand Promissory Note Purchase Agreement (Rib X Pharmaceuticals Inc), Senior Subordinated Convertible Demand Promissory Note Purchase Agreement (Rib X Pharmaceuticals 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, security interests and claims 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 the Company's rights to use and possess such properties and assets of the Companyassets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to the best of the Company's knowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 3 contracts
Samples: Series D Preferred Stock Purchase Agreement (Imx Exchange Inc), Series E Preferred Stock Purchase Agreement (Imx Exchange Inc), Series C Preferred Stock Purchase Agreement (Imx Exchange Inc)
Title to Property and Assets. The Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances, security interests and claims 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 in any material respect the properties and assets of the Company. With respect to the property and assets it leases, the Company is in compliance with such leases and, to the best of the Company's knowledgeKnowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 1 contract
Samples: Series a Convertible Preferred Stock Purchase Agreement (Net Value Holdings 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, security interests and claims 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 the Company's rights to use and possess such properties and assets of the Companyassets. With respect to the property and assets it leases, the Company is in compliance with such leases and, to the best of the Company's knowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 1 contract
Samples: Series B Preferred Stock Purchase Agreement (Imx Exchange Inc)
Title to Property and Assets. The Company owns its properties and assets free and clear of all mortgages, deeds of trust, liens, encumbrances, encumbrances and security interests and claims 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 such leases lease and, to the best of the Company's ’s knowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
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, security interests and claims except for statutory liens for the payment of current taxes that are not yet delinquent and liens, encumbrances and security interests which liens that 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 compliance with such leases in all material respects and, to the best of the Company's its knowledge, the Company holds a valid leasehold interests in such assets interest free of any liens, encumbrances, security interests claims or claims of any party encumbrances other than to the lessors of such property and or assets.
Appears in 1 contract
Samples: Stock Purchase Agreement (Minerva Neurosciences, 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, security interests and claims except for statutory liens for the payment of current taxes that are not yet delinquent and liens, such encumbrances and security interests liens which are disclosed in the Disclosure Materials or 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 compliance with such leases and, to the best of the Company's its knowledge, the Company holds a valid leasehold interests in such assets interest free of any liens, claims, or encumbrances, security interests or claims of any party other than the lessors of such property and assets.
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, security interests and claims 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 compliance with such leases and, to the best of the Company's knowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 1 contract
Samples: Series B Preferred Stock Exchange Agreement (Asymetrix Learning Systems Inc)
Title to Property and Assets. The Company owns its properties and assets free and clear of all mortgages, deeds deed of trust, liens, encumbrances, security interests and claims 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 compliance with such leases and, to the best of the Company's knowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.
Appears in 1 contract
