Agreements and Liens Sample Clauses

Agreements and Liens. At closing there will be no outstanding leases, service and other contracts related to the Property other than those approved by Purchaser pursuant to Section 7; and no persons will be employed in connection with the Property for whom Purchaser will have any liability whatsoever after the closing. All plans and the permits relating to the Property and assigned to Purchaser at closing shall have been fully paid for. There are no attachments, executions, or assignments for the benefit of creditors, or voluntary proceedings in bankruptcy or under any other debtor relief laws contemplated by or pending or threatened by or against Seller or otherwise affecting the Property. There shall be no liability on Seller’s part with respect to the Property, whether accrued, absolute, contingent or otherwise, other than real estate taxes and assessments not yet due and payable, and other Permitted Exceptions. Seller has not created, or permitted the creation of, any security interest or lien of any kind or nature including mechanics’ or materialmen’s liens, against the Property, or any part thereof, which have not been satisfied or discharged prior to closing.
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Agreements and Liens 
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Related to Agreements and Liens

  • Material Agreements and Liens (a) Part A of Schedule I hereto is a complete and correct list, as of the date of this Agreement, of each credit agreement, loan agreement, indenture, purchase agreement, guarantee, letter of credit or other arrangement providing for or otherwise relating to any Indebtedness or any extension of credit (or commitment for any extension of credit) to, or guarantee by, any Obligor, and the aggregate principal or face amount outstanding or that may become outstanding under each such arrangement is correctly described in Part A of said Schedule I.

  • Liens Create, incur, assume or suffer to exist any Lien upon any of its property, assets or revenues, whether now owned or hereafter acquired, other than the following:

  • Bills and Liens Contractor shall pay promptly all indebtedness for labor, materials and equipment used in performance of the Work. Contractor shall not permit any lien or charge to attach to the Work or the premises, but if any does so attach, Contractor shall promptly procure its release and, in accordance with the requirements of Article 22 above, indemnify, defend, and hold County harmless and be responsible for payment of all costs, damages, penalties and expenses related to or arising from or related thereto.

  • Title and Liens Except for Seller Liens to be released at Closing, to Seller’s knowledge, Seller has good and marketable fee simple absolute title to the Real Property, subject only to the Permitted Exceptions. Except for the FF&E subject to the FF&E Leases and any applicable Permitted Exceptions, to Seller’s knowledge, Seller has good and marketable title to the Personal Property, free and clear of all liens, claims, encumbrances or other rights whatsoever (other than the Seller Liens which must be released at Closing), and there are no other liens, claims, encumbrances or other rights pending or of which any Seller Party has received notice or which are otherwise known to any Seller Party related to any other Personal Property.

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