Common use of Real Property; Leasehold Clause in Contracts

Real Property; Leasehold. The Company does not own and has never owned any real property, nor is the Company party to any agreement to purchase or sell any real property. The Company has made available to Parent (a) an accurate and complete list of all real properties with respect to which the Company directly or indirectly holds a valid leasehold interest as well as any other real estate that is in the possession of or leased by the Company and (b) copies of all leases under which any such real property is possessed (the “Company Real Estate Leases”), each of which is in full force and effect, with no existing material default thereunder by the Company or to the Company’s Knowledge, the other party thereto.

Appears in 4 contracts

Sources: Agreement and Plan of Merger and Reorganization (Pulmatrix, Inc.), Acquisition Agreement (MingZhu Logistics Holdings LTD), Merger Agreement (ARCA Biopharma, Inc.)

Real Property; Leasehold. The Company does not own and has never owned any real property, nor is the Company party to any agreement to purchase or sell any real property. The Company has made available to Parent in Section 3.11 of the Company Disclosure Letter (a) an accurate and complete list of all real properties with respect to which the Company directly or indirectly holds a valid leasehold interest interest, concession or other rights as well as any other real estate that is in the possession of or leased by the Company and (b) copies of all leases or other Contracts under which any such real property property, concession or rights therein is possessed (collectively, the “Company Real Estate Leases”), each of which is in full force and effect, with no existing material default thereunder by the Company or to the Company’s Knowledge, the other party thereto.

Appears in 1 contract

Sources: Merger Agreement (Blackboxstocks Inc.)