Real Property and Other Assets Sample Clauses

Real Property and Other Assets. Except as set forth on Schedule 3(t), the Company and its Material Subsidiaries have good and marketable title in fee simple to all real property and good and marketable title to all personal property owned by them which is material to the business of the Company and its Material Subsidiaries, in each case free and clear of all liens, encumbrances and defects, except for Permitted Liens (as defined in the Indenture) and such as do not materially affect the value of such property and do not interfere with the use made and proposed to be made of such property by the Company and any of its Material Subsidiaries. Any real property and facilities held under lease by the Company and any of its Material Subsidiaries are held by them under valid, subsisting and enforceable leases with such exceptions as are not material and do not interfere with the use made and proposed to be made of such property and buildings by the Company and its Subsidiaries. There exists no default, or any event which upon notice or the passage of time, or both, would give rise to any default, in the performance of the Company or by any lessor under any such lease, nor, to the knowledge of the Company, is the landlord of any such lease in default except where any such default would not have a Material Adverse Effect. All tangible personal property owned by the Company and its Subsidiaries has been maintained in good operating condition and repair, except (x) for ordinary wear and tear, and (y) where such failure would not have a Material Adverse Effect. All tangible assets leased by the Company or any of its Subsidiaries are in the condition required by the terms of the lease applicable thereto during the term of such lease and upon the expiration thereof.

Real Property and Other Assets. (i) Each Group Company has good and valid title to, or valid leases/subleases, licenses or rights to use pursuant to a valid and enforceable lease, license or similar contractual arrangement, all of its material properties and assets (real and personal, tangible and intangible) owned or used by it ("Business Assets"), free and clear of any Encumbrances. Each Group Company is not currently in material breach of any of the terms or conditions under any of its leases/subleases. The Business Assets constitute all of the assets, rights and properties (tangible and intangible) required for the conduct of, and such assets, rights and properties will be sufficient for each Group Company to conduct, the operations in the manner in which it is currently conducted and proposed to be conducted, and there are no assets, properties or rights that are material to any Group Company other than the Business Assets. (ii) Each Group Company owns and has good and valid title to all real property owned in whole or in part by each Group Company as of the date hereof ("Owned Real Property") and there are no actual, threatened or contemplated condemnation or eminent domain Actions that may affect any Owned Real Property or any part thereof. All of the lands, the buildings, and the structures, appurtenances and equipment situated on the Owned Real Property in all material respects (i) are in good operating condition and suitable for the purposes for which they are presently being used and (b) have been built, established, maintained, used and operated in compliance with all applicable Laws, Governmental Approvals or agreements with any Governmental Authority or any other Person. (iii) (A) Each Group Company has good and valid leasehold interest in each real property leased by the Group Company as of the date hereof ("Leased Real Property"), free and clear of all Encumbrances and (B) there are no material defaults by any Group Company (or any conditions or events that, after notice or the lapse of time or both, would constitute a default by any Group Company) and there are no material defaults by any other party to such lease (or any conditions or events that, after notice or the lapse of time or both, would constitute a default by such other party) under such lease agreement. (iv) The equipment, molds, tools, improvements and other tangible assets of each Group Company included in the Business Assets have been operated in all material respects in accordance with applicable Law and ...

Real Property and Other Assets. DKII does not own or lease any real property and, does not own, lease or license the use of any other assets.

Real Property and Other Assets. 17 5.12. INTELLECTUAL PROPERTY................................................................................18 5.13. AGREEMENTS...........................................................................................20 5.14. ANTI-COMPETITIVE ARRANGEMENTS........................................................................21 5.15. NO POWERS OF ATTORNEY................................................................................21 5.16.

Real Property and Other Assets. Except as set forth on Schedule 3(q), the Company and its Subsidiaries have good and marketable title in fee simple to all real property and good and marketable title to all personal property owned by them which is material to the business of the Company and its Subsidiaries, in each case free and clear of all liens, encumbrances and defects, except for Permitted Liens and such as do not materially affect the value of such property and do not interfere with the use made and proposed to be made of such property by the Company and any of its Subsidiaries. Any real property and facilities held under lease by the Company and its Subsidiaries are held by them under valid, subsisting and enforceable leases with such exceptions as are not material and do not interfere with the use made and proposed to be made of such property and buildings by the Company and its Subsidiaries. There exists no default, or any event which upon notice or the passage of time, or both, would give rise to any default, in the performance of the Company or by any lessor under any such lease, nor, to the knowledge of the Company, is the landlord of any such lease in default, except, in any such case, where any such default would not have a Material Adverse Effect. All tangible personal property owned by the Company and its Subsidiaries has been maintained in good operating condition and repair, except (x) for ordinary wear and tear, and (y) where such failure would not have a Material Adverse Effect.

Real Property and Other Assets. The IHG Group has no ownership of or interest in or contractual rights in respect of any property (together the "Rights") where a loss of such Rights would be likely to result in a material adverse effect on the financial position of the IHG Group as a whole.

Real Property and Other Assets. SGK does not own or lease any real property and, except for the license agreement identified on Schedule 3,6.3 hereof, does not own, lease or license the use of any other assets.

Real Property and Other Assets. CHI does not own or lease any real property, and does not own, lease or license the use of any other assets other than those previously disclosed in the CHI Reports.

Real Property and Other Assets. GTEC does not own or lease any real property, and does not own, lease or license the use of any other assets other than those previously disclosed in the GTEC Reports.