Common use of Title to Properties and Assets Clause in Contracts

Title to Properties and Assets. The Company has good and marketable title to all respective properties and assets reflected on its account books, in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind. With respect to the property and assets it leases, the Company and the lessor are in compliance with such leases and the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.

Appears in 2 contracts

Sources: Investment Agreement (Omnivision Technologies Inc), Equity Interests Transfer Agreement (Omnivision Technologies Inc)

Title to Properties and Assets. The Except as described in the Disclosure Materials, the Company has good and marketable title to all respective of its material properties and assets reflected on its account books, in each case subject to no mortgage, pledge, lien, charge, security interest, encumbrance, security interest or charge of any kind. With respect to restriction except those which do not materially adversely affect the property and assets it leases, the Company and the lessor are in compliance with such leases and the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests value or claims of any party other than the lessors of such property and assetsuse thereof.

Appears in 2 contracts

Sources: Bridge Unit Purchase and Investor Subscription Agreement (Ascent Solar Technologies, Inc.), Bridge Unit Purchase and Investor Subscription Agreement (Ascent Solar Technologies, Inc.)

Title to Properties and Assets. The Company has good and marketable title to all respective its properties and assets, including without limitation, the intellectual property right and trade secretes and that property used or located on property controlled by the Company in its business (except assets reflected on its account bookssold in the ordinary course of business), in each case subject to no mortgage, pledge, lien, charge, security interest, encumbrance, security interest or charge of any kind. With respect to restriction except those which do not materially adversely affect the property and assets it leases, the Company and the lessor are in compliance with such leases and the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assetsuse thereof.

Appears in 2 contracts

Sources: Stock Purchase Agreement (Navidec Financial Services, Inc.), Stock Purchase Agreement (Navidec Financial Services, Inc.)

Title to Properties and Assets. The Company has good and marketable title to all respective of its material properties and assets, including without limitation those reflected in the Financial Statements and those used or located on property controlled by the Company in its business (except assets reflected on its account booksleased or sold in the ordinary course of business), in each case subject to no mortgage, pledge, lien, charge, security interest, encumbrance, security interest or charge of any kind. With respect to restriction except those which (a) are disclosed in the property and assets it leases, Financial Statements as securing specified liabilities; or (b) do not materially adversely affect the Company and the lessor are in compliance with such leases and the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assetsuse thereof.

Appears in 2 contracts

Sources: Common Stock Purchase Agreement (Horizontal Ventures Inc), Common Stock Purchase Agreement (Horizontal Ventures Inc)

Title to Properties and Assets. The Company has good and marketable title to all respective its properties and assets, including without limitation those used or located on property controlled by the Company in its business (except assets reflected on its account bookssold in the ordinary course of business), in each case subject to no mortgage, pledge, lien, charge, security interest, encumbrance, security interest or charge of any kind. With respect to restriction except those which do not materially adversely affect the property and assets it leases, the Company and the lessor are in compliance with such leases and the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assetsuse thereof.

Appears in 2 contracts

Sources: Common Stock Purchase Agreement (Icop Digital, Inc), Common Stock Purchase Agreement (Icop Digital, Inc)

Title to Properties and Assets. The Company has good and marketable title to all respective its properties and assets reflected on its account books, held in each case subject to no mortgage, pledge, lienLien, encumbrance, security interest or charge of any kind. With respect to the property and assets it leases, the Company and the lessor are is in compliance with such leases and and, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.

Appears in 1 contract

Sources: Loan Agreement (Lluffhansa Technik Ag)

Title to Properties and Assets. The Company has good and marketable title to all respective its properties and assets reflected on its account books, held in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind, except such mortgage, pledge, lien, encumbrance, security interest or charge that arises in the ordinary course of business and does not materially impair the Company's ownership or use of such property. With respect to the property and assets it leases, the Company and the lessor are is in compliance with such leases and and, to the Company holds valid leasehold interests in such assets free of any liensCompany's knowledge, encumbrances, security interests or claims of any party other than the lessors of such property and assets.the

Appears in 1 contract

Sources: Series D Preferred Stock Purchase Agreement (Accelerated Networks Inc)

Title to Properties and Assets. The Company has good and marketable title to all respective its properties and assets reflected on assets, and has good title to and enjoys peaceful and undisturbed possession of all its account booksleasehold interests, in each case not subject to no any mortgage, pledge, lien, encumbranceencumbrance or charge, security interest or charge of any kind. With respect to the property and assets it leases, the Company and the lessor are in compliance with such leases and the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than liens and encumbrances arising in the lessors ordinary course of such property and assetsbusiness which would not have a Material Adverse Effect.

Appears in 1 contract

Sources: Securities Purchase Agreement (Myers Steven & Associates Inc)

Title to Properties and Assets. The Company has good and marketable title to, or rights to all respective use, its properties and assets reflected on its account books, held in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind. With respect to , except for liens in favor of MiniMed or disclosed in the property and assets it leases, the Company and the lessor are in compliance with such leases and the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assetsFinancial Statements.

Appears in 1 contract

Sources: Stock Purchase Agreement (Minimed Inc)

Title to Properties and Assets. The Company has good and marketable title to all respective its properties and assets reflected on its account books, held in each case subject to no mortgage, pledge, lien, encumbrance, security interest or charge of any kind. With respect to the property and assets it leases, the Company and the lessor are is in compliance with such leases and and, to the best of the Company's knowledge, the Company holds valid leasehold interests in such assets free of any liens, encumbrances, security interests or claims of any party other than the lessors of such property and assets.

Appears in 1 contract

Sources: Series a Preferred Stock Purchase Agreement (Virtual Mortgage Network Inc)