TITLE TO ASSETS definition
TITLE TO ASSETS. The Borrower has good and marketable title to all of its assets (including, but not limited to, the Collateral) and the same are not subject to any security interest, encumbrance, lien or claim of any third person except for Permitted Liens.
TITLE TO ASSETS except for assets which are leased, it is the beneficial owner free from all encumbrances (other than Permitted Encumbrances) of all its other assets including, without limitation, the assets reflected on the most recent Financial Statements delivered to the Agent, except as disposed of since the date thereof in the ordinary course of trading;
TITLE TO ASSETS each Obligor is the legal and beneficial owner of --------------- and has good and marketable title to its assets free and clear of any Encumbrance other than Permitted Encumbrances;
Examples of TITLE TO ASSETS in a sentence
TITLE TO ASSETS; LIENS (a) The Company has filed all required forms, reports and documents with the Commission since January 1, 1995, each of which has complied in all material respects with all applicable requirements of the Securities Act of 1933, as amended (the "Securities Act") and the Securities Exchange Act of 1934, as amended (the "Exchange Act"), each as in effect on the dates such forms, reports and documents were filed.
TITLE TO ASSETS, PROPERTIES AND RIGHTS AND RELATED MATTERS..........
TITLE TO ASSETS, INTELLECTUAL PROPERTY RIGHTS..................25 SECTION 4.08.
TITLE TO ASSETS; ALL NECESSARY ASSETS...................................
TITLE TO ASSETS The real and tangible property owned and/or leased by the Companies and the intangible personal property, including patents, patent applications, inventions, discoveries, processes, formulae, trade secrets, proprietary technical information and know-how owned by, or licensed to, the Companies, constitute all of such property now used in, and necessary for the conduct of, the business of the Companies, in the manner and to the extent presently conducted, or planned, by them.
More Definitions of TITLE TO ASSETS
TITLE TO ASSETS. Each of the Borrowers has good and marketable title to all of its assets (including, but not limited to, the Collateral) and the same are not subject to any security interest, encumbrance, lien or claim of any third person except for Permitted Liens.
TITLE TO ASSETS. Seller has good and marketable title to all of the Assets and interests in Assets, whether personal, tangible, and intangible, which constitute all the Assets and interests in assets that are used in the business of Seller to be sold pursuant to this Agreement. All the Assets are free and clear of mortgages, liens, pledges, charges, encumbrances, equities, claims, easements, rights of way, covenants, conditions, or restrictions, EXCEPT (i) the lien of current taxes not yet due and payable; and (ii) possible minor matters that, in the aggregate, are not substantial in amount and do not materially detract from or interfere with the present or intended use of any of the Assets, nor materially impair business operations. All tangible personal property of Seller is in good operating condition and repair, ordinary wear and tear excepted. Except as set forth on the appropriate SCHEDULE listing such Assets, neither any officer, nor any director or employee of Seller, nor any spouse, child or other relative of any of these persons, owns, or has any interest, directly or indirectly, in any of the personal property owned by or leased to Seller or any copyrights, patents, trademarks, trade names or trade secrets licensed by Seller for use in the business to be sold pursuant to this Agreement. Seller does not occupy any real property in violation of any law, regulation or decree.
TITLE TO ASSETS. Except as set forth on Schedule 2.1(k) hereto, each ----------------- --------------- of the Company and the subsidiaries has good and marketable title to all of its real and personal property, free of any mortgages, pledges, charges, liens, security interests or other encumbrances, except for those such that, individually or in the aggregate, do not cause a Material Adverse Effect on the Company's financial condition or operating results. All said leases of the Company and each of its subsidiaries are valid and subsisting and in full force and effect.
TITLE TO ASSETS. NeoGene has good and marketable title in fee simple to all of its real and personal assets that it purports to own, free and clear of all mortgages, liens, loans and encumbrances, except such encumbrances and liens which arise in the ordinary course of business and do not individually or in the aggregate materially impair NeoGene's ownership or use of such assets. With respect to the assets it leases, NeoGene is in material compliance with such leases and, to its knowledge, holds a valid leasehold interest free of any liens, claims or encumbrances.
TITLE TO ASSETS. Leased Equipment: Phone System Copiers (2) The Corporation has licenses to Third Party Software used in delivering its product from companies including BEA and Brio. On April 22, 2004 the Corporation acquired substantially all of the assets of Trimbus, Inc. ("Trimbus") Under certain circumstances, as more fully described in Section 7.2 ("Seller Option to Repurchase Assets") of the Asset Purchase Agreement dated April 22, 2004 between the Corporation, Trimbus and the Trimbus selling shareholders, Trimbus has the right to repurchase the Trimbus assets for $1.00.
TITLE TO ASSETS. Set forth in SECTION 3.18 OF THE DISCLOSURE SCHEDULE is a complete list of (a) all real property owned by the Company; (b) all real property leased by the Company; (c) each vehicle owned or leased by the Company; and (d) each asset of the Company with a book value or fair market value greater than $5,000. The Company has good and indefeasible title to, or a valid leasehold interest in, all of its assets, including without limitation, the assets listed in SECTION
TITLE TO ASSETS. Except as set forth in Schedule 3.05 hereto, ▇▇▇▇▇▇▇▇▇ has good title to all of the Assets, free and clear of all liabilities, mortgages, conditional sales agreements, security interests, leases, liens, pledges, encumbrances, restrictions, charges, claims or imperfections of title whatsoever (other than the Permitted Encumbrances). True, correct and complete copies of each document or instrument relating to any such imperfection of title have been hereto delivered to Monro.