OWNERSHIP OF CERTAIN ASSETS Sample Clauses
The "Ownership of Certain Assets" clause defines which party holds legal title to specific assets referenced in the agreement. It typically outlines the types of assets covered—such as intellectual property, equipment, or inventory—and clarifies whether these assets are retained by one party or transferred as part of the transaction. This clause ensures there is no ambiguity regarding asset ownership, thereby preventing future disputes and protecting the interests of the parties involved.
OWNERSHIP OF CERTAIN ASSETS. Except as set forth in Schedule 4.19, the SPE does not own any loan assets or other securities of any issuer except for equity interests in other ▇▇▇▇▇▇ Entities.
OWNERSHIP OF CERTAIN ASSETS. Except as set forth in Schedule 4.19, neither the Contributor nor any of the Contributed Entities owns any loan assets or other securities of any issuer except for equity interests in other Contributed Entities.
OWNERSHIP OF CERTAIN ASSETS. Except as set forth in Schedule 4.15, the Management Company does not own any loan assets or other securities of any issuer except for equity interests in other ▇▇▇▇▇▇▇ Entities.
OWNERSHIP OF CERTAIN ASSETS. Except as set forth in Section 4.21, neither the SPE nor any SPE Subsidiary owns any loan assets or other securities of any issuer except for equity interests in other American Assets Entities.
OWNERSHIP OF CERTAIN ASSETS. Neither the Contributor, any of the Contributed Entities nor any of the Property Entities owns any loan assets or other securities of any issuer except for equity interests in the Contributed Entities or Property Entities.
OWNERSHIP OF CERTAIN ASSETS. Except as set forth in Schedule 4.19, neither the RIF V Fund nor any of its RIF V Fund Subsidiaries owns any loan assets or other securities of any issuer except for equity interests in other RIF V Fund Subsidiaries.
OWNERSHIP OF CERTAIN ASSETS. The Borrower and/or its Subsidiaries shall sell, convey or otherwise transfer or dispose of any material intellectual property or license agreement owned by or licensed to the Borrower or any of its Subsidiaries or any material license agreement to which the Borrower or any of its Subsidiaries is a party other than (A) a sale, conveyance or other transfer (other than a Lien) to a Domestic Subsidiary, (B) licenses pursuant to Franchise Agreements pledged to the Agent pursuant to the Security Documents and (C) any Asset Disposition permitted by the terms of any of the Loan Documents.
OWNERSHIP OF CERTAIN ASSETS. Except as set forth in Schedule 4.21, no such Forward REIT Merger Entity nor any Forward REIT Merger Entity Subsidiary owns any loan assets or other securities of any issuer except for equity interests in other American Assets Entities.
OWNERSHIP OF CERTAIN ASSETS. Except as set forth in Schedule 4.21, no such Forward OP Merger Entity nor any Forward OP Merger Entity Subsidiary owns any loan assets or other securities of any issuer except for equity interests in other American Assets Entities.
OWNERSHIP OF CERTAIN ASSETS. 3.8.1 The General Partner is the sole general partner of the Subsidiary Partnership and owns a 1% general partnership interest therein. Except as set forth in Section 3.8.1 of the Company Disclosure Letter, the Company owns, as its sole assets, a ninety nine percent (99%) limited partnership interest in the Subsidiary Partnership, free and clear of all pledges, claims, liens, charges, encumbrances and security interests of any kind or nature whatsoever (collectively, "LIENS"), cash and cash equivalents derived from its ownership interest in the Subsidiary Partnership and rights arising from Contracts to which it is a party.
3.8.2 The Subsidiary Partnership is the owner of good and marketable fee title to the hotels listed in Section 3.8.2A of the Company Disclosure Letter free and clear of all Liens or other title defects, except for (a) such Liens or other title defects listed in Section 3.8.2B of the Company Disclosure Letter, (b) the hotels identified in Section 3.8.2C of the Company Disclosure Letter, the ownership by the Subsidiary Partnership of which is subject to the respective ground leases identified in such section of the Company Disclosure Letter (together with the hotels listed in Section 3.8.2A of the Company Disclosure Letter, the "HOTELS") and (c) such Liens or other title defects that, individually or in the aggregate, have not resulted or would not reasonably be expected to result in a Material Adverse Effect with respect to the Company.