Company: FTII
Filing Date: 2025-02-14
Form Type: S-4
Source: 0001493152-25-006997
Chunk: 698

Company: FutureTech II Acquisition Corp.
Filing Date: 2025-02-14
Form: S-4
Chunk 698
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 Company Real Property Leases”), as well as the current annual rent and term under the Company Real Property Lease. The Company has provided to the Purchaser a true and complete copy of each of the Company Real Property Leases, and in the case of any oral Company Real Property Lease, a written summary of the material terms of such Company Real Property Lease. The Company Real Property Leases are valid, binding and enforceable in accordance with their terms and are in full force and effect, subject to Enforceability Exceptions. To the Knowledge of the Company, no event has occurred which (whether with or without notice, lapse of time or both or the happening or occurrence of any other event) would constitute a default on the part of the Company or any other party under any of the Company Real Property Leases, and the Company has received no notice of any such condition. The Company does not own nor has ever owned any real property or any interest in real property (other than the leasehold interests in the Company Real Property Leases).

4.16 Personal Property.Each item of Personal Property which is currently owned, used or leased by the Company with a book value
or fair market value of greater than Fifty Thousand Dollars ($50,000) is set forth on Schedule 4.16, along with, to the extent
applicable, a list of lease agreements, lease guarantees, security agreements and other agreements related thereto, including all amendments,
terminations and modifications thereof or waivers thereto (“Company Personal Property Leases”). Except as would
not be material to the Company, or as set forth in Schedule 4.16, all such items of Personal Property are in good operating condition
and repair (reasonable wear and tear excepted consistent with the age of such items) and are suitable for their intended use in the business
of the Company. The operation of the Company’s business as it is now conducted or presently proposed to be conducted is not in
any material respect dependent upon the right to use the Personal Property of Persons other than the Company, except for such Personal
Property that is owned, leased or licensed by or otherwise contracted to the Company. The Company has provided to the Purchaser a true
and complete copy of each of the Company Personal Property Leases, and in the case of any oral Company Personal Property Lease, a written
summary of the material terms of such Company Personal Property Lease. The Company Personal Property Leases are valid, binding and enforceable
in accordance with their terms and are in full force and effect