Common use of Owned and Leased Real Properties Clause in Contracts

Owned and Leased Real Properties. (a) Neither the Company nor any of its Subsidiaries owns or has ever owned any real property. (b) Section 3.8(b) of the Company Disclosure Schedule sets forth a complete and accurate list of all real property leased, subleased or licensed by the Company or any of its Subsidiaries (collectively “Company Leases”) and the location of the premises. Neither the Company nor any of its Subsidiaries nor, to the Company’s knowledge, any other party to any Company Lease, is in default under any of the Company Leases, except where the existence of such defaults, individually or in the aggregate, has not had, and may not reasonably be expected to have, a Company Material Adverse Effect. Neither the Company nor any of its Subsidiaries leases, subleases or licenses any real property to any Person other than the Company and its Subsidiaries. The Company has delivered or made available to the Buyer complete and accurate copies of all Company Leases.

Owned and Leased Real Properties. (a) Neither the Company nor any of its Subsidiaries owns or has ever owned any real property. (b) Section 3.8(b3.9(b) of the Company Disclosure Schedule sets forth a complete and accurate list as of the date of this Agreement of all real property leased, subleased or licensed by the Company or any of its Subsidiaries (collectively “Company Leases”) and the location of the premises. Neither the Company nor any of its Subsidiaries nor, to the Company’s knowledgeKnowledge, any other party to any Company Lease, Lease is in default under any of the Company Leases, except where the existence of such defaults, individually or in the aggregate, has not had, and may is not reasonably be expected likely to havehave a material and adverse effect on the business of the Company and its Subsidiaries, taken as a whole. Except as set forth in Section 3.9(b) of the Company Material Adverse Effect. Neither Disclosure Schedule, neither the Company nor any of its Subsidiaries leases, subleases or licenses any real property to any Person other than the Company and its Subsidiariesperson. The Company has delivered or made available to the Buyer complete and accurate copies of all Company Leases.