After-Acquired Title Sample Clauses
The After-Acquired Title clause ensures that if a party conveys property they do not fully own at the time of transfer, any ownership interest they later acquire in that property automatically passes to the original transferee. In practice, this means that if a seller sells land they only partially own, but later obtains full title, the buyer immediately benefits from the seller's newly acquired interest without needing a new deed. This clause is essential for protecting buyers from gaps in the seller's title and ensures that the intended transfer of full ownership is ultimately completed, even if the seller's title was imperfect at the time of sale.
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After-Acquired Title. If, prior to the Closing Date, Seller acquires any further right, title or interest in or to the Purchased Assets, including as a result of any amendment or relocation thereof, Seller shall promptly provide Buyer with written notice thereof, and such right, title and interest shall, without payment of additional consideration, become part of the Purchased Assets subject to all of the terms and conditions of this Agreement.
After-Acquired Title. This lease is intended to grant, lease and let unto Lessee all of Lessor's interest in the oil, gas or leased substances on, in or under the leased premises which Lessor owned in the leased premises on January 1, 1998, and is not intended to cover any additional mineral interests which Lessor may acquire in the leased premises after January 1, 1998. In the event Lessor acquires additional interests in the oil, gas or leased substances on, in or under the leased premises after January 1, 1998, it is expressly understood and agreed that such additional acquired interests shall not be subject to or covered by the terms of this Lease and that Lessor shall own and hold such additional after acquired interests free and clear from the terms of this Lease.
After-Acquired Title. This Deed, without payment of any additional consideration, shall operate to convey and transfer automatically to Grantee, its successors and assigns, any and all right, title and interest in the Property acquired by Grantors after the effective date of this Deed.
After-Acquired Title. If, prior to the Closing Date, the Company or U1USA acquire any further right, title or interest in or to the Real Property, Mineral Leases or Mining Claims, including as a result of any amendment or relocation thereof, Seller shall promptly provide Buyer with written notice thereof, and such right, title and interest shall, without payment of additional consideration, become part of the Real Property, Mineral Leases or Mining Claims subject to all of the terms and conditions of this Agreement.