Owned Tangible Personal Property definition

Owned Tangible Personal Property means all Tangible Personal Property owned by any Acquired Company.
Owned Tangible Personal Property means all machinery, equipment, tools, dies, molds, parts, supplies, furniture, furnishings, fixtures, personalty, vehicles, rolling stock and other tangible personal property owned by the Company or any Subsidiary.
Owned Tangible Personal Property shall have the meaning given to such term in Section 2.1(a) hereof.

Examples of Owned Tangible Personal Property in a sentence

  • Except as set forth on Schedule 4.11(a) of the Company Disclosure Schedules, the Owned Tangible Personal Property is free and clear of any Encumbrances (other than Permitted Encumbrances).

  • The Company or a wholly owned Subsidiary has good title to, or a valid leasehold interest in, all Owned Tangible Personal Property and all Leased Tangible Personal Property, free and clear of any Encumbrances, other than Permitted Encumbrances.

  • Upon any such termination under this Section, and, concurrently therewith, the provisions of Section 1.C with respect to the transfer of Ancillary Rights and Obligations and Tenant Owned Tangible Personal Property shall apply.

  • Upon the expiration or earlier termination of this Lease, (i) all the Ancillary Rights and Obligations, to the extent then still in force and effect, shall be assigned to and become the property and obligation of Landlord, and (ii) Landlord shall have the right, at its option, to purchase all Tenant Owned Tangible Personal Property, if any, for its then Fair Market Value.

  • Except as set forth on Schedule 3.06, at the Closing, the Companies will have good title to all of the Owned Tangible Personal Property except for defects in title which would not reasonably be expected to interfere with the use and enjoyment of such Owned Tangible Personal Property other than in respects that are immaterial to such Owned Tangible Personal Property, taken as a whole.


More Definitions of Owned Tangible Personal Property

Owned Tangible Personal Property means all Tangible Personal Property owned by a Subject Company related to or used in the conduct of the Business including, but not limited to, the Tangible Personal Property set forth in Schedule 3.7.
Owned Tangible Personal Property is defined in Section 5.6(b).
Owned Tangible Personal Property means the tangible personal property set forth on Schedule 3.06.
Owned Tangible Personal Property means all Tangible Personal Property owned by the Target or any Subsidiary.
Owned Tangible Personal Property has the meaning given in Section 2.1(a)(iv). Party or Parties has the meaning given in the preamble to this Agreement.
Owned Tangible Personal Property means each item of Tangible Personal Property owned by the Company with a fair market value in excess of $10,000.
Owned Tangible Personal Property means all Tangible Personal Property of the Business owned by the Seller set forth in Schedule 3.6.