Common use of Acquisition Assets Clause in Contracts

Acquisition Assets. In connection with each Acquisition, the applicable Seller has transferred to the Borrower valid title to the property and assets of such Seller purported to be conveyed thereby, free and clear of all mortgages, pledges, liens, charges, restrictions, conditions and other sale agreements, encumbrances, security interests, options or claims other than those permitted by Section 9.2 hereof.

Appears in 1 contract

Sources: Credit Agreement (Raytel Medical Corp)

Acquisition Assets. In connection with each Acquisition, the applicable Seller has transferred to the applicable Borrower valid title to the property and assets of such Seller purported to be conveyed thereby, free and clear of all mortgages, pledges, liens, charges, restrictions, conditions and other sale agreements, encumbrances, security interests, options or claims other than those permitted by Section 9.2 hereofthe Permitted Liens.

Appears in 1 contract

Sources: Credit Agreement (Xomed Surgical Products Inc)