Clean and Clear Title Sample Clauses
The "Clean and Clear Title" clause ensures that the seller guarantees the property being transferred is free from any liens, encumbrances, or legal disputes that could affect ownership. In practice, this means the seller must resolve any outstanding mortgages, unpaid taxes, or claims by third parties before the transaction is completed. This clause protects the buyer by ensuring they receive full, undisputed ownership of the property, thereby preventing future legal or financial complications related to the title.
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Clean and Clear Title. Seller warrants that title is being transferred to Buyer free of all liens and encumbrances and certifies that no prior obligations under previous contracts shall be transferred or imposed inadvertently or otherwise by this Agreement.
Clean and Clear Title. Donors warrant that title to the Reefer Car is being transferred to Society free of all liens and encumbrances and certifies that no prior obligations under previous contracts shall be transferred or imposed inadvertently or otherwise by this Agreement. Donors further warrants that he has the full right, power and authority to transfer the Reefer Car to the Society.
Clean and Clear Title. Equipment Owner warrants that they own, lease, or otherwise have full legal authority over the the Stored Equipment, and that if the Stored Equipment is subject to any liens and encumbrances, Equipment Owner agrees to comply with the requirements regarding notification of such liens and encumbrances as further outlined in the Policy.
Clean and Clear Title. Equipment Owner warrants that they own, or have right of control through a legal agreement of, the Store Equipment and that title is free and clear and includes no liabilities or encumbrances that shall impact upon the Society.