Common use of Title to Tangible Assets Clause in Contracts

Title to Tangible Assets. The Company and its Subsidiaries have good title to their properties and assets and good title to all their leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than or resulting from taxes which have not yet become delinquent and minor liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company and its Subsidiaries and which have not arisen otherwise than in the ordinary course of business.

Appears in 11 contracts

Samples: Note Purchase Agreement (Micro Therapeutics Inc), Note Purchase Agreement (Micro Therapeutics Inc), Securities Purchase Agreement (Micro Investment LLC)

AutoNDA by SimpleDocs

Title to Tangible Assets. The Company has good and its Subsidiaries have good marketable title to their its properties and assets and good title to all their its leasehold estates, in each case except as disclosed in the Filed Company SEC Reports subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than or resulting from taxes which have not yet become delinquent and minor liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company and its Subsidiaries and which have not arisen otherwise than in the ordinary course of business.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Allos Therapeutics Inc), Securities Purchase Agreement (Allos Therapeutics Inc), Securities Purchase Agreement (Warburg Pincus Private Equity Viii L P)

Title to Tangible Assets. The Company and its Subsidiaries subsidiaries have good title to their properties and assets and good title to all their leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than or resulting from taxes which have not yet become delinquent and minor liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company as now conducted and as presently contemplated to be conducted and its Subsidiaries subsidiaries and which have not arisen otherwise than in the ordinary course of business.

Appears in 2 contracts

Samples: Securities Purchase Agreement (WisdomTree Investments, Inc.), Securities Purchase Agreement (WisdomTree Investments, Inc.)

Title to Tangible Assets. The Company and its Subsidiaries have good title to their properties and assets and good title to all their leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than or resulting from taxes Taxes which have not yet become delinquent and minor liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company and its Subsidiaries and which have not arisen otherwise than in the ordinary course of business.

Appears in 2 contracts

Samples: Merger Agreement (Hauser Chemical Research Inc), Merger Agreement (Zuellig Group N a Inc)

Title to Tangible Assets. The Company and its Subsidiaries have has good title to their its tangible properties and assets and good title to all their its leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than than, or resulting from from, taxes which have not yet become delinquent and minor liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company and its Subsidiaries and which have not arisen otherwise than in the ordinary course of businessCompany.

Appears in 1 contract

Samples: Stock Purchase Agreement (Synquest Inc)

AutoNDA by SimpleDocs

Title to Tangible Assets. The Company and its Subsidiaries have has good title to their its properties and assets and good title to a valid leasehold interest in all their its leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or chargeLien, other than or resulting from taxes which have not yet become delinquent and minor liens Liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company and its Subsidiaries and which have not arisen otherwise than in the ordinary course of business. The Company does not own any real property.

Appears in 1 contract

Samples: Exchange Agreement (Precision Auto Care Inc)

Title to Tangible Assets. The Company and its Subsidiaries have has good title to their its properties and assets and good title to all their its leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than or resulting from taxes which have not yet become delinquent and minor liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company and its Subsidiaries and which have not arisen otherwise than in the ordinary course of business.

Appears in 1 contract

Samples: Securities Purchase Agreement (Yellow Brix Inc)

Title to Tangible Assets. The Company and its Subsidiaries have has good title to their its properties and assets it purports to own and good title to all their its leasehold estates, in each case subject to no mortgage, pledge, lien, lease, encumbrance or charge, other than or resulting from taxes which have not yet become delinquent and minor liens Permitted Liens and encumbrances which do not in any case materially detract from the value of the property subject thereto or materially impair the operations of the Company and its Subsidiaries and which have not arisen otherwise than in the ordinary course of business.

Appears in 1 contract

Samples: Stock Purchase Agreement (Cbeyond Communications Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!