Common use of Ownership of Real Property Clause in Contracts

Ownership of Real Property. The Company and the Guarantors lease the real property located at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇. The Company has pledged all of the issued and outstanding capital stock of Lutrex Enterprises, Inc. and Global Modular, Inc. to BFI Business Finance pursuant to the terms of that certain Amended and Restated Stock Pledge Agreement dated as of October 26, 2004. These securities are currently in BFI Business Finance’s possession. None. None. None. None. None. The Company owns 100% of all stock of Global Modular, Inc. and Lutrex Enterprises, Inc.

Appears in 1 contract

Sources: Security Agreement (Global Diversified Industries Inc)

Ownership of Real Property. The Company and the Guarantors lease the real property located at ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇. The Company has pledged all of the issued and outstanding capital stock of Lutrex Enterprises, Inc. and Global Modular, Inc. to BFI Business Finance pursuant to the terms of that certain Amended and Restated Stock Pledge Agreement dated as of October 26, 2004. These securities are currently in BFI Business Finance’s possession. None. None. None. None. None. The Company owns 100% of all stock of Global Modular, Inc. and Lutrex Enterprises, Inc.Consents

Appears in 1 contract

Sources: Security Agreement (Global Diversified Industries Inc)