Tangible and Intangible Property Sample Clauses

Tangible and Intangible Property. The Tangible Personal Property and Intangible Property sold to Buyer hereunder shall be conveyed to Buyer at Closing free and clear of any liens, except the Permitted Encumbrances. There is no personal property owned by Seller for the exclusive operation, use, occupancy, leasing, or management of the Property that is located off-site.

Tangible and Intangible Property. The tangible property of Seller to be sold to Buyer and the intangible property of Seller to be transferred by assignment or other means to Buyer pursuant to this Agreement consist of all outdoor advertising assets presently owned by Seller and used in Seller's outdoor advertising business in the Area including but not limited to those assets described on Schedule "1A" attached hereto (which assets shall hereinafter be separately referred to as the "Tangible Property" and "Intangible Assets", respectively).

Tangible and Intangible Property. (a) Except as set forth in Section 5.7 of the Seller Disclosure Letter, all of the Tangible Property of Parent and each of the Subsidiaries is located at their respective offices or facilities (other than laptop computers and other portable assets of a personal nature) and Parent and the Subsidiaries have the full and unqualified right to require the immediate return of any of their Tangible Property which is not located at their respective offices or facilities. (b) Upon entry and effectiveness of the Sale Order, other than with respect to the Intellectual Property Assets of the Seller Parties the subject of anti-assignment clauses that are enforceable in the Seller Parties' bankruptcy cases, the Parent and the Subsidiaries (i) shall have the power and the right to sell, convey, transfer, assign and deliver to Purchaser the Acquired Business (including the Acquired Assets) and (ii) on the Closing Date shall sell, convey, transfer, assign and deliver the Acquired Business (including the Acquired Assets) free and clear of all Liens, except for and subject to Permitted Liens and the Assumed Liabilities.

Tangible and Intangible Property. Any tangible or intangible property, including copyrights, obtained or created by Sponsored Organization as part of this project shall remain the property of Sponsored Organization. The Sponsor hereby appoints Sponsored Organization and Sponsored Organization accepts appointment, as the Sponsor’s non-exclusive agent for the limited purpose of receiving from Donors proposed contributions to the Sponsor of non-monetary assets for the purposes of the Project (“In-Kind Items”). Sponsored Organization agrees to promptly report to the Sponsor each In-Kind Item it receives or proposes to receive, such reports to include photographs of such In-Kind Items as may be required, so that the Sponsor may decide whether it wishes to accept or not to accept such In-Kind Item. In furtherance of such appointment, Sponsored Organization agrees to hold each In-Kind Item solely for the benefit of the Sponsor until such time as the Sponsor, in its sole discretion, requests that Sponsored Organization transfer such In-Kind Item to the Sponsor, grants such In-Kind Item to Sponsored Organization for the purposes of the Project, or instructs Sponsored Organization that it does not wish to accept such In-Kind Item and to return such In- Kind Item to the donor.

Tangible and Intangible Property. Unless otherwise agreed in writing by the Parties, any tangible or intangible property, including intellectual property, such as copyrights, obtained from third parties or created in connection with the Project shall be the property of OSA, held for the charitable purposes of the Project, until expiration or termination of this Agreement, and then be transferred to the District.

Tangible and Intangible Property. (a) The Seller owns all right, title and interest in: (i) the tangible and intangible personal property listed in Exhibits “B”, “C”, “D”, “E” and “F”; and (ii) the Development Rights, and Seller has not previously assigned, conveyed, sold or transferred any of the foregoing. (b) No material breach or default exists under any Sales Contract by the Seller and to the knowledge of Seller by no other party and to the knowledge of the Seller no event has occurred with respect thereto that with the lapse of time or action or inaction by the Seller or any other party thereto would result in a breach thereof or a default thereunder. (c) The Seller owns, without restriction or the payment of compensation or fee, all designs, drawings, reports, specifications, surveys, plans, blueprints, plan drawings, diagrams and the like (collectively, the “Plans”) used or currently being used by the Seller in the design or development of the Real Property.

Tangible and Intangible Property. Except as set forth in Schedule 4.15, ▇▇▇▇▇ Industries owns the entire right, title and interest to all tangible property (including, without limitation, furniture, leasehold improvements, equipment, fixed assets and fixtures) and intangible property used in its business including, without limitation, all of the tangible and intangible property reflected on the Balance Sheet, in each case, free and clear of any liens or encumbrances, except for property (other than Trademarks or Patents) disposed of in the ordinary course of business and consistent with past practices since the Balance Sheet Date. ▇▇▇▇▇ Industries may not dispose of any Trademarks or Patents prior to the Closing.

Tangible and Intangible Property