Common use of Lease of Real Property Clause in Contracts

Lease of Real Property. (i) Except the Lease and Sublease Agreement stated in Appendix 2 hereto, the Company is not a party to any lease, sublease, license or other legal documents in connection with the real property, and is not bound by such legal documents, and the Company has not executed any other legal documents in connection with the real property. Any rights and interests of the Company under the Lease and Sublease Agreement are free and clear of any kinds of liens, pledge and encumbrances. (ii) All the leases and subleases executed by the Company (listed in Appendix 2) are in normal operation and fully effective. Except otherwise specified in Appendix 2, no amendments have been made to such leases and subleases. The Company has the right to benefit from all leases and subleases to which the Company is one party. (iii) Except otherwise specified in Appendix 2, all rents and other current owed expenses have been paid, in accordance with all lease or sublease agreements to which the Company is a party. (iv) The Company has carried out all obligations under all lease or sublease agreements to which the Company is a party; the Company has not breached the obligations under any lease or sublease agreement, and has not received notice of any breach under any lease or subleases agreement.

Appears in 1 contract

Sources: Share Transfer Agreement (China Finance Online Co. LTD)

Lease of Real Property. (i) Except the Lease and Sublease Agreement stated in Appendix 2 hereto, the Company is not a party Party to any lease, sublease, license or other legal documents in connection with the real property, and is not bound by such legal documents, and the Company has not executed any other legal documents in connection with the real property. Any rights and interests of the Company under the Lease and Sublease Agreement are free and clear of any kinds of liens, pledge and encumbrances. (ii) All the leases and subleases executed by the Company (listed in Appendix 2) are in normal operation and fully effective. Except otherwise specified in Appendix 2, no amendments have been made to such leases and subleases. The Company has the right to benefit from all leases and subleases to which the Company is one partyParty. (iii) Except otherwise specified in Appendix 2, all rents and other current owed expenses have been paid, paid in accordance with all lease or sublease agreements to which the Company is a partyParty. (iv) The Company has carried out all obligations under all lease or sublease agreements to which the Company is a partyParty; the Company has not breached the obligations under any lease or sublease agreement, and has not received notice of any breach under any lease or subleases sublease agreement.

Appears in 1 contract

Sources: Share Transfer Agreement (China Finance Online Co. LTD)