Common use of Absence of Lien Clause in Contracts

Absence of Lien. Except for the conditions specified elsewhere in this Agreement, the monies to be paid by Purchaser under 1.01 shall be paid by Purchaser and received by Sellers free and clear of any lien, charge or encumbrance arising out of any agreement or instrument to which Purchaser is subject or by which their properties are bound.

Appears in 2 contracts

Samples: Agreement for Sale and Purchase (Atc Group Services Inc /De/), Agreement for Sale and Purchase of Business Assets (Atc Group Services Inc /De/)

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Absence of Lien. Except for the conditions specified elsewhere in this Agreement, the The monies to be paid by Purchaser under Section 1.01 shall be paid by Purchaser and received by Sellers Seller free and clear of any lien, charge or encumbrance arising out of any agreement or instrument to which Purchaser is subject or by which their its properties are is bound.

Appears in 1 contract

Samples: Agreement for Sale and Purchase (Change Technology Partners Inc)

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Absence of Lien. Except for the conditions specified elsewhere in this Agreement, the monies to be paid by Purchaser under Section 1.01 shall be paid by Purchaser and received by Sellers free and clear of any lien, charge or encumbrance arising out of any agreement or instrument to which Purchaser is subject or by which their properties are bound.

Appears in 1 contract

Samples: Agreement for Sale and Purchase (Smith Environmental Technologies Corp /De/)

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