Common use of Title to Property and Assets Clause in Contracts

Title to Property and Assets. The Company has good, valid and marketable title, of record and beneficially, to all of its properties, and interests in properties and assets, real and personal, free and clear of all Liens, except Permitted Liens. With respect to the property and assets it leases, the Company is in material compliance with such leases and holds a valid leasehold interest free of any Liens, except Permitted Liens.

Appears in 2 contracts

Samples: First Tranche Stock Purchase Agreement (Siebert Financial Corp), Second Tranche Stock Purchase Agreement (Siebert Financial Corp)

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Title to Property and Assets. The Company has good, valid good and marketable title, of record and beneficially, title to all of its properties, and interests in properties and assets, real and personal, free and clear of all Liensany material liens, except Permitted Liensclaims or encumbrances. With respect to the property and assets it leases, the Company is in material compliance with such leases and and, to the best of its knowledge, holds a valid leasehold interest free of any Liensmaterial liens, except Permitted Liensclaims or encumbrances.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Tset Inc), Preferred Stock (Tset Inc)

Title to Property and Assets. The Company has good, valid good and marketable title, of record title to its property and beneficially, to all of its properties, and interests in properties and assets, real and personal, assets free and clear of all Liensmortgages, liens, loans and encumbrances, except Permitted Lienssuch encumbrances and liens that arise in the ordinary course of business and do not 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 such leases and holds a valid leasehold interest free of any Liens, except Permitted Liens.With

Appears in 1 contract

Samples: Voting Agreement (Adknowledge Inc)

Title to Property and Assets. The Company has good, valid and marketable title, of record and beneficially, title to all of its properties, and interests in properties and assetsproperty (whether personal, real or fixed) and personal, assets free and clear of all Liensmortgages, liens, loans and encumbrances, except Permitted Lienssuch encumbrances and liens that arise in the ordinary course of business and do not 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 such leases and and, to the best of its knowledge, holds a valid leasehold interest free of any Liensliens, except Permitted Liensclaims or encumbrances.

Appears in 1 contract

Samples: Securities Purchase Agreement (Quest Software Inc)

Title to Property and Assets. The Company has good, valid good and marketable title, of record title to its property and beneficially, to all of its properties, and interests in properties and assets, real and personal, assets free and clear of all Liensmortgages, liens, loans, and encumbrances, except Permitted Liens. With respect to such encumbrances and liens which arise in the ordinary course of business and do not materially impair the Company's ownership or use of such property and assets it leases, the Company is in material compliance with such leases and holds a valid leasehold interest free of any Liens, except Permitted Liensor assets.

Appears in 1 contract

Samples: Stock Purchase Agreement (Network Peripherals Inc)

Title to Property and Assets. The Company has good, valid good and marketable title, of record and beneficially, title to all of its properties, and interests in properties and assets, real and personalhas good title to all its leasehold interests, free and clear of all Liensin each case subject to no mortgage, except Permitted Liens. With respect to the property and assets it leasespledge, the Company is in material compliance with such leases and holds a valid leasehold interest free of any Lienslien, except Permitted Lienslease, encumbrance or charge.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Aviation Group Inc)

Title to Property and Assets. The Company has good, valid good and marketable title, of record title to its property and beneficially, to all of its properties, and interests in properties and assets, real and personal, assets free and clear of all Liensmortgages, except Permitted Liensliens, loans and encumbrances. With respect to the property and assets it leases, the Company is in material compliance with such leases and holds a valid leasehold interest free of any Liensliens, claims or encumbrances, except Permitted Lienssuch encumbrances and liens that arise in the ordinary course of business and do not materially impair the Company's ownership or use of such property or assets.

Appears in 1 contract

Samples: Investor Rights Agreement (SRS Labs Inc)

Title to Property and Assets. The Company has good, valid good and marketable title, of record and beneficially, title to all of its properties, and interests in properties and assets, real and personal, free and clear of all Liensmortgages, deed of trust, security interests, liens, loans and encumbrances, except Permitted Liensfor statutory liens for the payment of current taxes that are not yet delinquent. With respect to the property and assets it leases, the Company is in material compliance with such leases and holds a valid leasehold interest free of any Liensliens, claims or encumbrances, except Permitted Liensfor statutory liens for the payment of current taxes that are not yet delinquent.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement

Title to Property and Assets. The Company has good, valid good and marketable title, of record and beneficially, title to all of its properties, and interests in properties and assets, real and personalhas good title to all its leasehold interests, free and clear in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge of all Liensany type, except Permitted Liens. With respect as pertaining to the property taxes not yet due and assets it leases, the Company is in material compliance with such leases and holds a valid leasehold interest free of any Liens, except Permitted Lienspayable.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Datastream Systems Inc)

Title to Property and Assets. The Company has good, valid good and marketable title, of record and beneficially, title to all of its properties, and interests in properties property and assets, real and personal, free and clear of all Liensany material liens, except Permitted Liensclaims or encumbrances. With respect to the property and assets it leases, the Company is in material compliance with such leases and and, to the Company's knowledge, holds a valid leasehold interest free of any Liensmaterial liens, except Permitted Liensclaims or encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Afem Medical Corp)

Title to Property and Assets. The Company has good, good and valid and marketable title, of record and beneficially, title to all of its properties, and interests in properties and assets, both real and personal, and has good title to all its leasehold interests, in each case free and clear of all Liensmortgages, liens, pledges, loans, security interests, conditional sales agreements, encumbrances or charges, except for Permitted LiensLiens (as defined below). With respect to the property The Company owns or leases all properties and assets it leases, the Company is in material compliance with such leases and holds a valid leasehold interest free of any Liens, except Permitted Liens.reasonably necessary to the

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Printcafe Software Inc)

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Title to Property and Assets. The Company Corporation has good, valid good and marketable title, of record title to its property and beneficially, to all of its properties, and interests in properties and assets, real and personal, assets free and clear of all Liensmortgages, except Permitted Liensliens, loans and encumbrances. With respect to the property and assets it leases, the Company Corporation is in material compliance with such leases and in all material respects and, to its knowledge, holds a valid leasehold interest free of any Liensliens, except Permitted Liensclaims or encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Hylete, Inc.)

Title to Property and Assets. The Company has good, valid good and marketable title, of record title to its property and beneficially, to all of its properties, and interests in properties and assets, real and personal, assets free and clear of all Liensmortgages, liens, loans and encumbrances, except Permitted Lienssuch encumbrances and liens that arise in the ordinary course of business and do not, individually or in the aggregate, 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 such leases and and, to its knowledge, holds a valid leasehold interest free of any Liensliens, except Permitted Liensclaims or encumbrances.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Netzero Inc)

Title to Property and Assets. The Company has good, good and valid and marketable title, of record and beneficially, title to all of its properties, and interests in properties and assets, both real and personal, and has good title to all its leasehold interests, in each case free and clear of all Liensmortgages, liens, pledges, loans, security interests, conditional sales agreements, encumbrances or charges, except for Permitted LiensLiens (as defined below). The Company owns or leases all properties and assets reasonably necessary to the operation of its business as now conducted. With respect to the property and assets it leases, the Company is in material compliance with such leases and holds a valid leasehold interest free of any Liens, except Permitted Liens.the

Appears in 1 contract

Samples: Stock Purchase Agreement (Printcafe Inc)

Title to Property and Assets. The Company has good, valid good and marketable title, of record and beneficially, ---------------------------- title to all of its properties, and interests in properties material property and assets, real and personal, free and clear of all Liensmortgages, liens, claims and encumbrances, except Permitted Lienssuch encumbrances and liens which arise in the ordinary course of business and do not materially impair the Company's ownership or use of such property or assets. With respect to the property and assets it leasesleases and licenses, the Company is in compliance in all material compliance respects with such leases leases, enjoys peaceful and undisturbed possession thereunder, and holds a valid leasehold interest free of any Liens, except Permitted Lienstherein.

Appears in 1 contract

Samples: Stock Subscription Agreement (Soros Fund Management LLC)

Title to Property and Assets. The Company has good, valid good and marketable title, of record and beneficially, title to all of its properties, and interests in properties material property and assets, real and personal, free and clear of all Liensmortgages, liens, claims and encumbrances, except Permitted Lienssuch encumbrances and liens which arise in the ordinary course of business and do not materially impair the Company's ownership or use of such property or assets. With respect to the property and assets it leasesleases and licenses, the Company is in compliance in all material compliance respects with such leases leases, enjoys peaceful and undisturbed possession thereunder, and holds a valid leasehold interest free of any Liens, except Permitted Lienstherein.

Appears in 1 contract

Samples: Stock Subscription Agreement (Earthlink Network Inc)

Title to Property and Assets. The Company has goodgood title to, or a valid and marketable titleleasehold in, of record and beneficially, to all of its propertiesthe Company's tangible and intangible assets (including, and interests but not limited to intellectual property) in properties and assets, real and personal, each case free and clear of all Liens, except Permitted Liens. With respect to the property liens and assets it leases, the Company is in material compliance with such leases and holds a valid leasehold interest free of any Liens, except Permitted Liensencumbrances.

Appears in 1 contract

Samples: Bridge Financing Agreement (Cardiac Science Inc)

Title to Property and Assets. The Company has good, valid good and marketable title, of record and beneficially, title to all of its properties, and interests in properties and property or assets, real and personal, free and clear of all Liensany liens, except Permitted Liensclaims or encumbrances. With respect to the property and assets it leases, the Company is in material compliance with such leases and holds a valid leasehold interest free of any Liensmaterial liens, except Permitted Liensclaims or encumbrances.

Appears in 1 contract

Samples: Stock Purchase Agreement (Maxwell Technologies Inc)

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