Common use of Conveyance of the Assets Clause in Contracts

Conveyance of the Assets. At the Skylift Closing or Closing, as applicable, the Sellers shall convey to the Purchaser good and marketable title to the Assets as follows: (A) the Real Property subject only to Permitted Encumbrances, and (B) the remainder of the Assets, free and clear of all Encumbrances.

Appears in 2 contracts

Sources: Asset Purchase Agreement, Asset Purchase Agreement (CNL Income Properties Inc)