Common use of Tangible Personal Assets Clause in Contracts

Tangible Personal Assets. The Company and its Subsidiaries, in the aggregate, have good and valid title to, or a valid interest in, all of their respective material tangible personal assets, free and clear of all Liens, other than Company Permitted Liens.

Appears in 7 contracts

Sources: Merger Agreement (Golden Ocean Group LTD), Merger Agreement (CMB.TECH Nv), Merger Agreement (Golden Ocean Group LTD)

Tangible Personal Assets. The Company and its SubsidiariesCompanies, in the aggregate, have good and valid title to, or a valid interest in, all of their respective material tangible personal assets, free and clear of all Liens, other than Company Permitted Liens.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Baltic Trading LTD), Stock Purchase Agreement (Genco Shipping & Trading LTD)

Tangible Personal Assets. The Company and its SubsidiariesCompanies, in the aggregate, have good and valid title to, or a valid interest in, all of their respective material tangible personal assets, free and clear of all Liens, other than (i) Permitted Liens or (ii) Liens that individually or in the aggregate, do not materially interfere with the ability of any Company Permitted Liensto conduct its business as currently conducted.

Appears in 1 contract

Sources: Share Purchase Agreement (Star Bulk Carriers Corp.)