Common use of Real Property Owned or Leased Clause in Contracts

Real Property Owned or Leased. The Company does not own any real property. Except as set forth in Section 2.8 of the Company Disclosure Schedule, the Company enjoys peaceful and undisturbed possession under all leases under which it is the lessee, and all said leases are valid and subsisting and in full force and effect, except with respect to Permitted Liens, or as could not reasonably be expected to have a Company Material Adverse Effect.

Appears in 3 contracts

Sources: Purchase and Sale Agreement (Path 1 Network Technologies Inc), Purchase and Sale Agreement (Path 1 Network Technologies Inc), Purchase and Sale Agreement (Path 1 Network Technologies Inc)