Common use of Titles to Properties Clause in Contracts

Titles to Properties. Each of the Company and its Material Subsidiaries has such title to the real property owned or leased by it as is necessary to the conduct of its business.

Appears in 4 contracts

Samples: Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc), Credit Agreement (Blackbaud Inc)

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Titles to Properties. Each of the Company Borrower and its Material Subsidiaries has such title to the real property owned or leased by it as is necessary to the conduct of its business.

Appears in 1 contract

Samples: Credit Agreement (Blackbaud Inc)

Titles to Properties. Each of the Company and its Material Subsidiaries has such title to the real property owned or leased by it as is necessary or desirable to the conduct of its businessbusiness and valid and legal title to all of its personal property and assets, including, but not limited to, those reflected on the September 30, 1999 balance sheets of the Company and its Subsidiaries referred to in the Financial Statements, except those which have been disposed of by the Company or its Subsidiaries subsequent to such date which dispositions have been in the ordinary course of business or as otherwise expressly permitted hereunder.

Appears in 1 contract

Samples: Stock Subscription Agreement (Insignia Financial Group Inc /De/)

Titles to Properties. Each of the Company and its Material Subsidiaries has such title to the real property owned or leased by it as is necessary or desirable to the conduct of its businessbusiness and valid and legal title to all of its personal property and assets, including, but not limited to, those reflected on the March 31, 2002 balance sheets of the Company and its Subsidiaries referred to in the Financial Statements, except those which have been disposed of by the Company or its Subsidiaries subsequent to such date which dispositions have been in the ordinary course of business or as otherwise expressly permitted hereunder.

Appears in 1 contract

Samples: Stock Subscription and Exchange Agreement (Insignia Financial Group Inc /De/)

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Titles to Properties. Each of the Company and its Material Subsidiaries Subsidiary has such title to the real property owned or leased by it as is necessary or desirable to the conduct of its businessbusiness and valid and legal title to all of its personal property and assets, including, but not limited to, those reflected on the balance sheets of the Company and its Subsidiary delivered pursuant to Paragraph 1.13, except those which have been disposed of by the Company or its Subsidiary subsequent to such date which dispositions have been in the ordinary course of business or as otherwise expressly permitted hereunder.

Appears in 1 contract

Samples: Convertible Subordinated Loan and Warrant Purchase Agreement (Imagemax Inc)

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