Common use of Title to Property; Leases Clause in Contracts

Title to Property; Leases. The Company and its Subsidiaries have good and sufficient title to their respective properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Company or any Subsidiary after said date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement, except for those defects in title and Liens that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Appears in 11 contracts

Samples: Note Purchase Agreement (Unitil Corp), Note Purchase Agreement (Unitil Corp), Note Purchase Agreement

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Title to Property; Leases. The Company and its Subsidiaries have good and sufficient title to their respective owned properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Company or any Subsidiary after said date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement, except for those defects in title and Liens that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Appears in 1 contract

Samples: Note Purchase Agreement (Dentsply International Inc /De/)

Title to Property; Leases. The Company and its Subsidiaries have good and sufficient title title, rights of way, easements and/or leasehold interests in or to their respective properties that individually or in the aggregate are MaterialMaterial properties, including all such properties reflected in the most recent audited balance sheet referred to included in Section 5.5 the Disclosure Documents or purported to have been acquired by the Company or any Subsidiary after said date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this AgreementLiens, except for those defects in title and Liens that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All leases that individually or in the aggregate are Material leases, rights of way and easements are valid and subsisting and are in full force and effect in all material respects.

Appears in 1 contract

Samples: Note Purchase Agreement (Cascade Natural Gas Corp)

Title to Property; Leases. The Company and its Subsidiaries have good and sufficient title (except for such defects in title as could not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect) to their respective properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Company or any Subsidiary after said such date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement, except for those defects in title and Liens that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect except as could not, individually or in all material respectsthe aggregate, reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Note Purchase Agreement (Jacobs Engineering Group Inc /De/)

Title to Property; Leases. The Company and its Subsidiaries each Subsidiary have good and sufficient title to their respective properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section Schedule 5.5 or purported to have been acquired by the Company or any Subsidiary after said date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens Security Interests prohibited by this Agreement, except for those defects in title and Liens Security Interests that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Appears in 1 contract

Samples: Note Purchase Agreement (Smith & Nephew PLC)

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Title to Property; Leases. The Company and its Subsidiaries have good and sufficient title to their respective properties that individually or in the aggregate are Material, including all such properties reflected in the most recent audited balance sheet referred to in Section 5.5 7.5 or purported to have been acquired by the Company or any Subsidiary after said date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited by this Agreement, except for those defects in title and Liens that, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respects.

Appears in 1 contract

Samples: Guaranty Agreement (Otter Tail Corp)

Title to Property; Leases. The Company and its Subsidiaries have good and sufficient suffi- cient title to their respective properties that individually or in the aggregate are Material, including all such properties reflected re- flected in the most recent audited balance sheet referred to in Section 5.5 or purported to have been acquired by the Company or any such Subsidiary after said date (except as sold or otherwise disposed of in the ordinary course of business), in each case free and clear of Liens prohibited other than Liens that do not interfere with the intended use of the Property by this Agreement, except for those defects in title the Company and Liens thatthat would not, individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All leases that individually or in the aggregate are Material are valid and subsisting and are in full force and effect in all material respectsrespects and the Company has not received any notice of default or infringement of any such lease.

Appears in 1 contract

Samples: Riddell Sports Inc

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