Example ContractsClausesAssignment of Personal Property, Service Contracts, Warranties and Leases
Assignment of Personal Property, Service Contracts, Warranties and Leases
Assignment of Personal Property, Service Contracts, Warranties and Leases contract clause examples

Personal Property Leases. There are no leases of personal property used by the Company involving annual payments in excess of Twenty-Five Thousand Dollars ($25,000).

Personal Property Leases. Set forth on [Schedule 5.8(b)] is a true, complete and accurate list of all Personal Property Leases. A copy of each Personal Property Lease has heretofore been delivered or made available to . Each Personal Property Lease is valid, binding and enforceable against the applicable Subject Company and, to the Parties’ knowledge, the other parties thereto, in accordance with its terms and is in full force and effect. Neither a Subject Company nor, to the Parties’ knowledge, any other party to a Personal Property Lease is in breach or default (nor has any event occurred that, with the giving of notice or lapse of time, or both, would constitute such breach or default) under any of the Personal Property Leases to which each such entity is a party, which would have a Company Material Adverse Effect.

The Real Property and, to the extent applicable, the Personal Property, the Leases, the Security Deposits, the Permits and Licenses, the Service Contracts, the Leasing Brokerage Agreements, Warranties, the Intangible Rights and all other property interests described in this Section 1 being conveyed hereunder, are hereinafter collectively referred to as the “Property”.

Personal Property. The Premises does not include furnishings.

Personal Property. Except as set forth on [Schedule 3.18(c)], as of the date of this Agreement, the Group Companies collectively have good title to or valid leasehold or license interests in all machinery, equipment and other personal property used by them in the conduct of their businesses as currently conducted, and none of such properties are subject to any Liens except for Liens identified on [Schedule 3.18(c)] and Permitted Liens. All material personal property of the Group Companies are in good operating condition and repair, normal wear and tear excepted and are adequate in all material respects to conduct the operations of the Group Companies as currently conducted. For the avoidance of doubt, this [Section 3.18(c)] does not make any representation or warranty regarding Intellectual Property Rights.

Personal Property. A list of Tangible Personal Property; and

Personal Property. The Subject Companies have good and valid title to all of the material personal properties and assets, tangible and intangible, that they purport to own, and valid leasehold interests in all of the material personal properties and assets that they purport to own. All such properties and assets are free and clear of all material Encumbrances, other than Permitted Encumbrances.

Leases, Service Contracts and License Agreements. will perform its obligations under the Leases, Service Contracts and License Agreements.

Service Contracts. A list, together with copies, of the Service Contracts;

Service Contracts. On or prior to 5:00 p.m. Chicago time on the last day of the Inspection Period, will advise in writing of which Service Contracts it will assume and which Service Contracts requests that deliver written termination notices at or prior to Closing, provided shall have no obligation to terminate, and shall be obligated to assume, any Service Contracts which by their terms cannot be terminated without penalty or payment of a fee unless agrees in writing to reimburse for such fee or termination penalty in conjunction with the Closing. shall deliver at Closing notices of termination of all Service Contracts that are not so assumed. must assume the obligations arising from and after the Closing Date under those Service Contracts # that has agreed to assume, or that is obligated to assume pursuant to this Section 4.7, and # for which a termination notice is delivered as of or prior to Closing but for which termination is not effective until after Closing.

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